Metalrax Group PLC Holding(s) in Company (1595B)

TIDMMRX

RNS Number : 1595B

Metalrax Group PLC

28 March 2013

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or the underlying                Metalrax Group plc 
  issuer 
  of existing shares to which voting rights 
  are 
  attached: (ii) 
--------------------------------------------------  ---------------------------------- 
 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                   Thomas Somerville Anderson 
  to the 
  notification obligation: (iii) 
--------------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
--------------------------------------------  ---------------------------------------- 
 5. Date of the transaction and date                        22 March 2013 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
--------------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified:                          28 March 2013 
--------------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                             8% 
--------------------------------------------  ---------------------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                       Resulting situation after the triggering 
 of              to the triggering                        transaction 
 shares          transaction 
 
 if possible 
 using 
 the ISIN 
 CODE 
-------------  ---------------------------------------  ----------------------------------------------------------------- 
                Number            Number                 Number         Number of voting             % of voting 
                 of                of                     of shares      rights                       rights (x) 
                 Shares            Voting 
                                   Rights 
-------------  ----------------  ---------------------  -------------  ---------------------------  --------------------- 
                                                         Direct         Direct (xi)     Indirect     Direct     Indirect 
                                                                                         (xii) 
-------------    -----  -------  ------  -------  ----  -------------  --------------  -----------  ---------  ---------- 
 ORD GBP 0.05   8,730,000         8,730,000              10,260,000     10,260,000                   8.56% 
               ----------------  ---------------------  -------------  --------------  -----------  ---------  ---------- 
 GB0005838247 
-------------    -----  -------  ------  -------  ----  -------  ----  ---  ---------  -------          -----  ---------- 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------- 
 Type of financial       Expiration       Exercise/                          Number of voting            % of voting 
  instrument              date (xiii)      Conversion Period                  rights that may             rights 
                                           (xiv)                              be 
                                                                              acquired if the 
                                                                              instrument is 
                                                                              exercised/ converted. 
----------------------  ---------------  ---------------------------------  --------------------------  ----------------- 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments (xv, xvi) 
------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise        Expiration       Exercise/      Number of voting               % of voting rights 
 financial         price           date (xvii)      Conversion     rights instrument              (xix, xx) 
 instrument                                         period         refers to 
                                                    (xviii) 
---------------  --------------  ---------------  -------------  -----------------------------  ------------------------- 
                                                                                                 Nominal        Delta 
---------------  --------------  ---------------  -------------  -----------------------------  -------------  ---------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                          Percentage of voting rights 
---------------------------------------------------------------  -------------------------------------------------------- 
 10,260,000                                                       8.56% 
---------------------------------------------------------------  -------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
-------------------------------------------------------------------------------- 
 
   T.S Anderson Ltd 
   James Plenderleith Ltd 
   Balvicar Property Company Ltd 
   Acorn Benevolent Fund 
 
 Proxy Voting: 
-------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
---------------------------------------------------  --------------------------- 
 11. Number of voting rights proxy holder will 
  cease 
  to hold: 
---------------------------------------------------  --------------------------- 
 12. Date on which proxy holder will cease to 
  hold 
  voting rights: 
---------------------------------------------------  --------------------------- 
 
 
  13. Additional information: 
----------------------------------------  -------------------------------------- 
 14. Contact name:                                     Alison Clough 
----------------------------------------  -------------------------------------- 
 15. Contact telephone number:                         0141 334 1418 
----------------------------------------  -------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLBXGDXBDDBGXI