Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.


In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.


We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email in the first instance.

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Monday 18 April, 2011


Holding(s) in Company

RNS Number : 0872F
18 April 2011



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


         IMI plc


2.      Reason for the notification: (please place an X inside the appropriate bracket/s)


         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:


         BT Pension Scheme Trustees Limited as Trustee of the BT Pension Scheme. See Section 9 for further information.


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



5.      Date of the transaction: (and date on which the threshold Is crossed or reached)


         15 April 2011


6.      Date on which issuer notified:


         18 April 2011


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




8.      Notified details:


A:      Voting rights attached to shares


Class/type of shares



(if possible using ISIN code)

Situation previous

to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of

Voting Rights


of shares

Number of voting rights

% of voting rights



















B:      Qualifying Financial Instruments


Resulting situation after the triggering transaction:


Type of financial instrument




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











Total (A+B+C)


Number of voting rights

Percentage of voting rights







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


BT Pension Scheme Trustees  Limited, as trustee of the BT Pension Scheme ("BTPS") is the parent undertaking of Britel Fund Nominees Limited and Britel Fund Trustees Limited, which is the parent undertaking of Hermes Fund Managers Limited ("HFML"). HFML is the parent undertaking of:


1.       Hermes Equity Ownership Services Limited ("HEOS") (voting rights; 1.6250%)*


2.       Hermes Investment Management Limited ("HIML") (voting rights: 0.369%)**


3.       Hermes Focus Asset Management Limited ("HFAM") as General Partner of the following limited partnerships:


                        a.    Hermes UK  Specialist Focus Fund ("HUKSFF") (voting rights: 0.7150%)***

                        b.    Hermes European Focus Fund ("HEFF") (voting rights: 0.3120%)****


* This notification is also being made in respect  of HEOS, which is an indirect holder of shares for the purpose of DTR 5.2.1(h). The voting rights include the following: (i) all of the voting rights of the underlying clients of HEOS for whom it provides voting services; (ii) all of the voting rights attaching to the direct shareholding of BTPS; (iii) all of the voting rights attaching to shares managed by HIML; and (iv) the voting rights attaching to the direct shareholding of BTPS that are managed by HSL.


** This notification is also being made in respect of HIML, which is an indirect holder of shares for the purpose of DTR 5.2.1(h) and has an individual notification obligation under DTR 5.1.5.


*** HUKSFF has two general partners; HIML and HFAM. Under the limited partnership agreement for HUKSFF the voting obligations are exercised by HFAM.


**** HEFF has two general partners; HFAM and Hermes Focus Asset Management Europe Limited ("HFAME"). Under a business transfer agreement between HFAM and HFAME ("BTA"), HFAME has delegated the voting obligations to HFAM.


Please see Section 13 for further information.


Proxy Voting:


10.    Name of the proxy holder:


         See comment in Section 13.


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


         See comment in Section 13.


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


         See comment in Section 13.


13.    Additional information:


HEOS hold the voting rights under a standing proxy contained in agreements for the provision of voting services to various underlying clients for the purposes of DTR 5.2.1(h), which includes all of the shares owned directly by BTPS, all of the voting rights attaching to shares managed by HIML and the voting rights attaching to the direct shareholding of BTPS that are managed by HSL.


HIML hold the voting rights under a standing proxy contained in investment management agreements with various underlying clients (which may include BTPS) for the purposes of DTR 5.2.1(h).


HFAM has been delegated the voting rights as a General Partner under the BTA. HFAME holds the voting rights as General Partner under a standing proxy contained in the limited partnership agreement with HEFF for the purposes of DTR 5.2.1(h).


HFAM hold the voting rights as General Partner under a standing proxy contained in limited partnership agreements with various limited partnerships for the purposes of DTR 5.2.1(h).


All voting rights held on behalf of the above entities are aggregated for the purposes of DTR 5.2.1(e).


This disclosure is made by BT Pension Scheme Trustees Limited as trustee of the BT Pension Scheme, which is the ultimate parent undertaking for the purposes of DTR 5.2.1(e).


14.    Contact name:


         H Afford - Corporate Counsel


15.    Contact telephone number:


         0121 717 3700



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

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