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ITE Group PLC (ITE)

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Wednesday 12 January, 2011

ITE Group PLC

Holding(s) in Company

RNS Number : 3648Z
ITE Group PLC
12 January 2011
 



 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

 

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

ITE Group plc

 

2 Reason for the notification (please tick the appropriate box or boxes):

 

An acquisition or disposal of voting rights

X

 

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached


 

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments


 

An event changing the breakdown of voting rights


 

Other (please specify):



 

3. Full name of person(s) subject to the notification obligation:

 

Lloyds Banking Group plc

4. Full name of shareholder(s) (if different from 3.):

 

See Section 9

5. Date of the transaction and date on which the threshold is crossed or reached:

 

11 January 2011

6. Date on which issuer notified:

 

12 January 2011

7. Threshold(s) that is/are crossed or reached:

 

Direct / Indirect holdings increased to above 7%



 

8. Notified details:

A: Voting rights attached to shares

 

Class/type of
shares


if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of  voting rights

Direct

Direct

Indirect

Direct

Indirect

Ord 1p

15,028,148

15,028,148

2,870,451

2,870,451

14,775,508

1.156%

5.950%

GB0002520509

 

 

 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

 

Type of financial
instrument

Expiration
date

Exercise/
Conversion
Period

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

 

% of voting
rights






 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

 

Type of financial
instrument

Exercise
price

Expiration
date

Exercise/
Conversion
period

Number of voting
rights instrument
refers to

% of voting rights

 






Nominal

Delta

 



 

Total (A+B+C)

 

Number of voting rights

Percentage of voting rights

17,465,959

7.106%

 

 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:

 

17,632,866 shares (7.100%) are under the control of Scottish Widows Investment Partnership Ltd, a wholly owned subsidiary of Scottish Widows Investment Partnership Group Ltd, a wholly owned subsidiary of Scottish Widows Group Ltd, a wholly owned subsidiary of Lloyds TSB Bank plc, a wholly owned subsidiary of Lloyds Banking Group plc (Direct / Indirect Interests).

 

 

 

Proxy Voting:

 

10. Name of the proxy holder:

 

N/A

11. Number of voting rights proxy holder will cease to hold:

 

N/A

12. Date on which proxy holder will cease to hold voting rights:

 

N/A

 

13. Additional information:

 

Notification using the total voting rights figure of 248,334,702

14. Contact name:

 

 John Price, Company Secretary,

 ITE Group plc

15. Contact telephone number:

 

 07712881756

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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