Holding(s) in Company (6517G)

TIDMOPE TIDMLGEN

RNS Number : 6517G

Optare PLC

16 May 2011

Financial Services Authority

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (i) 
------------------------------------------------------------------------------ 
 
 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                             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 
--------------------------------------------------------------------  -------- 
 Other (please 
  specify): 
--------------  ----------------------------------------------------  -------- 
 3. Full name of person(s) subject       Legal & General Group Plc (Group) 
  to the                               Legal & General Investment Management 
  notification obligation:                         Limited (LGIM) 
----------------------------------  ------------------------------------------ 
 4. Full name of shareholder(s)       Legal & General Group Plc (L&G) Legal & 
  (if different from 3.):            General Assurance Society Limited (LGAS & 
                                         LGPL) Legal & General (Unit Trust 
                                              Managers) Limited (UTM) 
----------------------------------  ------------------------------------------ 
 5. Date of the transaction and                     12 May 2011 
 date on which the threshold is 
 crossed or reached: 
----------------------------------  ------------------------------------------ 
 6. Date on which issuer notified:                  13 May 2011 
----------------------------------  ------------------------------------------ 
 7. Threshold(s) that is/are                     Group (Above 15%) 
 crossed or reached:                              LGIM (Above 15%) 
----------------------------------  ------------------------------------------ 
 
 
 
 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             % of voting 
                  Shares           Rights          of shares                  rights                     rights 
-----------  ---------------  ---------------  ----------------  -------------------------------  ------------------- 
                                                                      Direct         Indirect      Direct   Indirect 
-----------  ---  ----  ----  ---  -----  ---  ---  -----------  ---------------  --------------  -------  ---------- 
 Ordinary               112,064,423 
  1p                 (As on 08/03/2011)           106,156,378       45,104,867      61,051,511     5.996%    8.116% 
-----------  --------------------------------  ----------------  ---------------  --------------  -------  ---------- 
 
 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                                                                 7,158,045                0.95% 
----------------------  ----------------  -----------------------------  -----------------------  ------------------- 
 
 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 
---------------------------------------------------------------  ---------------------------------------------------- 
                          113,314,423                                                   15.06% 
---------------------------------------------------------------  ---------------------------------------------------- 
 
 
 
 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) ( 113,314,423 -15.06%= Total Position) 
   Legal & General Investment Management (Holdings) 
   Limited (LGIMH) (Direct and Indirect) ( 
   113,314,423 -15.06%= Total Position) 
   Legal & General Investment Management Limited 
   (Indirect) (LGIM) ( 113,314,423 -15.06%= Total 
   Position) Legal & General (Unit Trust Managers) 
   Limited ( 64,436,119 -8.56%= UTM) 
              Legal & General Group Plc (Direct) (L&G) ( 48,878,304 
                             -6.49% =LGAS, LGPL & PMC) 
   Legal & General Investment           Legal & General Insurance Holdings 
   Management (Holdings) Limited        Limited (Direct) (LGIH) ( 48,878,304 
   (Direct) (LGIMHD) (PMC)              -6.49%= LGAS & LGPL) 
   Legal & General Assurance            Legal & General Assurance Society 
   (Pensions Management) Limited        Limited (LGAS & LGPL) ( 48,878,304 
   (PMC) (PMC)                          -6.49%= 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 
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This information is provided by RNS

The company news service from the London Stock Exchange

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