Holding(s) in Company (5726C)

TIDMOPE TIDMLGEN

RNS Number : 5726C

Optare PLC

08 March 2011

Financial Services Authority

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
------------------------------------------------------------------------------ 
 
 1. Identity of the issuer or the                       Optare Plc 
 underlying 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 
--------------------------------------------------------------------  -------- 
 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        Legal & General Group Plc (L&G) 
  to the 
  notification obligation: 
----------------------------------  ------------------------------------------ 
 4. Full name of shareholder(s)      Legal & General Assurance Society Limited 
  (if different from 3.):                          (LGAS & LGPL) 
                                       Legal & General (Unit Trust Managers) 
                                                   Limited (UTM) 
----------------------------------  ------------------------------------------ 
 5. Date of the transaction and                    07 March 2011 
 date on which the threshold is 
 crossed or reached: 
----------------------------------  ------------------------------------------ 
 6. Date on which issuer notified:                 08 March 2011 
----------------------------------  ------------------------------------------ 
 7. Threshold(s) that is/are                    L&G (From 5% to 6%) 
 crossed or reached: 
----------------------------------  ------------------------------------------ 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
------------------------------------------------------------------------------------------------------------------------- 
 Class/type 
 of shares 
 if 
 possible            Situation previous 
 using the            to the triggering                          Resulting situation after the triggering 
 ISIN CODE               transaction                                            transaction 
-----------  ----------------------------------  ------------------------------------------------------------------------ 
                                    Number 
                  Number               of 
                     of              Voting          Number           Number of voting 
                   Shares            Rights         of shares              rights                 % of voting rights 
-----------  ----------------  ----------------  -------------  ---------------------------  ---------------------------- 
                                                                     Direct        Indirect     Direct        Indirect 
-----------      ----  ------     ------  -----    -----------  ----------------  ---------  ------------  -------------- 
 Ordinary                22,628,304 
 1p                   (As on 24/08/2010)           43,854,867      43,854,867                    5.83% 
-----------  ----------------------------------  -------------  ----------------  ---------  ------------  -------------- 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------- 
                                                                          Number of voting 
                                                                           rights that may 
                                                                           be 
                                                                           acquired if the 
 Type of financial      Expiration         Exercise/                       instrument is               % of voting 
  instrument             date               Conversion Period              exercised/ converted.        rights 
---------------------  -----------------  -----------------------------  ---------------------------  ------------------- 
 Warrant                                                                          3,773,437                  0.50% 
---------------------  -----------------  -----------------------------  ---------------------------  ------------------- 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments 
------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------- 
 Type of                                            Exercise/    Number of voting 
 financial        Exercise         Expiration       Conversion    rights instrument 
 instrument        price            date            period        refers to                     % of voting rights 
---------------  ---------------  ---------------  -----------  -----------------------------  -------------------------- 
                                                                                                  Nominal        Delta 
---------------  ---------------  ---------------  -----------  -----------------------------  ------------  ------------ 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                         Percentage of voting rights 
--------------------------------------------------------------  --------------------------------------------------------- 
                          47,628,304                                                      6.33% 
--------------------------------------------------------------  --------------------------------------------------------- 
 
 
 
 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) ( 112,064,423 -14.89% = Total Position) 
   Legal & General Investment Management (Holdings) 
   Limited (LGIMH) (Direct and Indirect) ( 
   112,064,423 - 14.89%= Total Position) 
   Legal & General Investment Management Limited 
   (Indirect) (LGIM) ( 112,064,423 - 14.89% = Total 
   Position) Legal & General (Unit Trust Managers) 
   Limited (64,436,119 - 8.56% = UTM) 
              Legal & General Group Plc (Direct) (L&G) ( 47,628,304 
                            - 6.33%= LGAS, LGPL & PMC) 
   Legal & General Investment           Legal & General Insurance Holdings 
   Management (Holdings) Limited        Limited (Direct) (LGIH) ( 47,628,304 - 
   (Direct) (LGIMHD)                    6.33%= LGAS & LGPL) 
   Legal & General Assurance            Legal & General Assurance Society 
   (Pensions Management) Limited        Limited (LGAS & LGPL) ( 47,628,304 - 
   (PMC)                                0.00%= 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 
--------------------------------------------------  ------------------------------ 
 
                                            Notification using the total voting 
 13. Additional information:                    rights figure of 752,145,493 
--------------------------------------  ------------------------------------------ 
 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

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