Holding(s) in Company

 

TIDMTLR 
 
RNS Number : 1413O 
Local Radio Company PLC (The) 
02 March 2009 
 

 
TR-1:notification of major interests in shares 
 
+------------------------------------------------+-----------+-----------+-----------+ 
| 1. Identity of the issuer or the underlying    |   The Local Radio Company  Plc    | 
| issuer of existing shares to which voting      |                                   | 
| rights are attached:                           |                                   | 
+------------------------------------------------+-----------------------------------+ 
| 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 financial instruments which  |                       | 
| may result in the acquisition of shares already issued to  |                       | 
| which voting rights are attached                           |                       | 
+------------------------------------------------------------+-----------------------+ 
| An event changing the breakdown of voting rights           |                       | 
+------------------------------------------------------------+-----------------------+ 
| Other (please                                              |                       | 
| specify):___________________________________________       |                       | 
+------------------------------------------------------------+-----------------------+ 
| 3. Full name of person(s) subject to the       |   Herald Investment Management    | 
| notification obligation:                       |              Limited              | 
+------------------------------------------------+-----------------------------------+ 
| 4. Full name of shareholder(s) (if different   |    (1) Bank of New York (OCS)     | 
| from 3.):                                      | Nominees Ltd on behalf of Herald  | 
|                                                |       Investment Trust Plc        | 
+------------------------------------------------+-----------------------------------+ 
| 5. Date of the transaction (and date on which  |        26th February 2009         | 
| the threshold is crossed or reached if         |                                   | 
| different):                                    |                                   | 
+------------------------------------------------+-----------------------------------+ 
| 6. Date on which issuer notified:              |          2nd March 2009           | 
+------------------------------------------------+-----------------------------------+ 
| 7. Threshold(s) that is/are crossed or         |                5%                 | 
| reached:                                       |                                   | 
+------------------------------------------------+-----------------------------------+ 
| 8. Notified details:                           |                       | 
+------------------------------------------------+-----------+-----------+-----------+ 
 
 
 
 
 
 
+---------------+--------------+------------+--------------------+----------+------------+------------+----------+ 
| A: Voting rights attached to shares                                                                            | 
+----------------------------------------------------------------------------------------------------------------+ 
| Class/type    | Situation previous        | Resulting situation after the triggering                           | 
| of shares     | to the Triggering         | transaction                                                        | 
| if possible   | transaction               |                                                                    | 
| using the     |                           |                                                                    | 
| ISIN CODE     |                           |                                                                    | 
+               +---------------------------+--------------------------------------------------------------------+ 
|               | Number of    | Number     | Number             | Number of voting      | % of voting rights    | 
|               | Shares       | of         | of                 | rights ix             |                       | 
|               |              | Voting     | shares             |                       |                       | 
|               |              | Rights     |                    |                       |                       | 
|               |              | viii       |                    |                       |                       | 
+               +              +            +--------------------+-----------------------+-----------------------+ 
|               |              |            | Indirect           | Direct   | Indirect   | Direct     | Indirect | 
|               |              |            |                    | x        | xi         |            |          | 
+---------------+--------------+------------+--------------------+----------+------------+------------+----------+ 
|  GB00B0108C60 |  4,394,.024  |  4,969,231 |  1,952,516 (2.71%) |          |  1,952,518 |            |  2.71%   | 
|               |  (6.10%)     |            |                    |          |            |            |          | 
+---------------+--------------+------------+--------------------+----------+------------+------------+----------+ 
 
 
+----------------+------------+-------------------+--------------------+------------+ 
| B: Financial Instruments                                                          | 
+-----------------------------------------------------------------------------------+ 
| Resulting situation after the triggering transaction xii                          | 
+-----------------------------------------------------------------------------------+ 
| Type of        | Expiration | Exercise/         | Number of voting   | % of       | 
| financial      | date xiii  | Conversion        | rights that may be | voting     | 
| instrument     |            | Period/ Date xiv  | acquired if the    | rights     | 
|                |            |                   | instrument is      |            | 
|                |            |                   | exercised/         |            | 
|                |            |                   | converted.         |            | 
+----------------+------------+-------------------+--------------------+------------+ 
|      None      |            |                   |                    | Nil        | 
+----------------+------------+-------------------+--------------------+------------+ 
 
 
+--------------------------------------+----------------------------------------+ 
| Total (A+B)                                                                   | 
+-------------------------------------------------------------------------------+ 
| Number of voting rights              | % of voting rights                     | 
+--------------------------------------+----------------------------------------+ 
| 1,952,518                            | 2.71%                                  | 
+--------------------------------------+----------------------------------------+ 
 
 
 
 
 
 
+-----------------------------------------------------------------------------+ 
| 9. Chain of controlled undertakings through which the voting rights and/or  | 
| the financial instruments are effectively held, if applicable xv:           | 
+-----------------------------------------------------------------------------+ 
| Herald Investment Management Limited, a discretionary investment manager,   | 
| is the parent undertaking of an investment management business.             | 
|                                                                             | 
+-----------------------------------------------------------------------------+ 
 
 
+-------------------------------------------------+----------------------------+ 
| Proxy Voting:                                                                | 
+------------------------------------------------------------------------------+ 
| 10. Name of the proxy holder:                   |   N/A                      | 
+-------------------------------------------------+----------------------------+ 
| 11. Number of voting rights proxy holder will   |   N/A                      | 
| cease to hold:                                  |                            | 
+-------------------------------------------------+----------------------------+ 
| 12. Date on which proxy holder will cease to    |   N/A                      | 
| hold voting rights:                             |                            | 
+-------------------------------------------------+----------------------------+ 
 
 
+---------------------------------+--------------------------------------------+ 
| 13. Additional information:     |                                            | 
+---------------------------------+--------------------------------------------+ 
| 14. Contact name:               |   Andrew Miller                            | 
+---------------------------------+--------------------------------------------+ 
| 15. Contact telephone number:   |   020 7553 6308                            | 
+---------------------------------+--------------------------------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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