Holding(s) in Company (6517G)
16 May 2011 - 7:38PM
UK Regulatory
TIDMOPE TIDMLGEN
RNS Number : 6517G
Optare PLC
16 May 2011
Financial Services Authority
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (i)
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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):
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An acquisition or disposal of voting rights Yes
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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
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An event changing the breakdown of voting rights
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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
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7. Threshold(s) that is/are Group (Above 15%)
crossed or reached: LGIM (Above 15%)
---------------------------------- ------------------------------------------
8. Notified details:
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A: Voting rights attached to shares
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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
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Resulting situation after the triggering transaction
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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
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Resulting situation after the triggering transaction
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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)
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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
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14. Contact name: Paul Toon (LGIM)
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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
END
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