RNS Number : 6648H
Sarantel Group PLC
01 June 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:

 

Sarantel 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:

 

 

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.):

 

 N/A

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

 

 30 May 2011

6. Date on which issuer notified:

 

 31 May 2011

 

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

 

 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

 B065J78

 32,205,334

 32,205,334

 31,705,334

 31,705,334

 N/A

 7.9080%

N/A

 GB00B065J785

 

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

 31,705,334

 7.9080%

 

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

 

N/A

 

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:

 

 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:

 

 Valerie Davidson (v.davidson@hermes.co.uk)

15. Contact telephone number:

 

 020 7680 2177

 


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