RNS Number : 3841L
Sarantel Group PLC
29 July 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

Yes

 

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

Yes

 

Other (please specify):

 



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

Legal & General Group Plc (Group)

 

Legal & General Investment Management Limited (LGIM)

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

 

Legal & General Group Plc (L&G)

 

 

 

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

 

28June 2011

6. Date on which issuer notified:

01 July 2011

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

 

Group (Above 15%)

LGIM (Above 15%)

L&G (From 10% to 19%)



 

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

Indirect

Direct

Indirect

Ordinary 10p

 54,666,667

 

As of 31/12/2010

 164,474,359

 164,474,359


19.80%



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

 164,474,359

19.80%



 

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

 

Legal & General Group Plc (Direct and Indirect) (Group) ( 164,474,359 -19.80% = Total Position)


Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect)  ( 164,474,359 -19.80% = Total Position)


Legal & General Investment Management Limited (Indirect) (LGIM) ( 164,474,359 -19.80% = Total Position)


Legal & General Group Plc (Direct) (L&G) ( 164,474,359 -19.80% = LGAS, LGPL & PMC)

Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD) (PMC) 

Legal & General Insurance Holdings Limited (Direct) (LGIH)

Legal & General Assurance (Pensions Management) Limited  (PMC) (PMC) 

Legal & General Assurance Society Limited  (LGAS & LGPL) 


Legal & General Pensions Limited (Direct)  (LGPL)


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  830,476,331

 

Placing shares trade date was 28 June 2011, however shares were only settled and admitted for trading 01 July 2011.

14. Contact name:

Paul Toon (LGIM)

15. Contact telephone number:

020 3124 3854

 

 


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