TIDMACL

RNS Number : 9483W

Acal PLC

13 November 2014

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
 
 
 1. Identity of the issuer or the 
  underlying issuer of existing shares    Acal Plc 
  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 
  to the notification obligation:        Hargreave Hale Limited 
  (iii) 
-------------------------------------  ------------------------ 
 4. Full name of shareholder(s) 
  (if different from 3.): (iv)           Discretionary Clients 
-------------------------------------  ------------------------ 
 5. Date of the transaction and date 
  on which the threshold is crossed         11 November 2014 
  or reached: (v) 
-------------------------------------  ------------------------ 
 6. Date on which issuer notified: 
                                            12 November 2014 
-------------------------------------  ------------------------ 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                              17% 
-------------------------------------  ------------------------ 
 
 
 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 rights 
                   of            of            of shares     rights                 (x) 
                   Shares        Voting 
                                 Rights 
---------------  ------------  ------------  ------------  ---------------------  --------------------- 
                                              Indirect      Direct   Indirect      Direct    Indirect 
                                                             (xi)     (xii) 
---------------  ------------  ------------  ------------  -------  ------------  --------  ----------- 
 
  GB0000055888     10,115,250    10,115,250    11,210,250             11,210,250              17.7802% 
---------------  ------------  ------------  ------------  -------  ------------  --------  ----------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------- 
 Type of financial   Expiration     Exercise/       Number of voting         % of voting 
  instrument          date (xiii)    Conversion      rights that              rights 
                                     Period (xiv)    may 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 financial   Exercise   Expiration   Exercise/     Number of voting     % of voting 
  instrument          price      date         Conversion    rights instrument    rights (xix, 
                                 (xvii)       period        refers to            xx) 
                                              (xviii) 
------------------  ---------  -----------  ------------  -------------------  ---------------- 
                                                                                Nominal   Delta 
------------------  ---------  -----------  ------------  -------------------  --------  ------ 
 
 
 
 Total (A+B+C) 
------------------------------------------------------ 
 Number of voting rights   Percentage of voting rights 
------------------------  ---------------------------- 
 
  11,210,250                17.7802% 
------------------------  ---------------------------- 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
------------------------------------------------------------------------------ 
 
   11,056,000 of these shares are held for unit trusts operated by Marlborough 
   Fund Managers Ltd, for whom Hargreave Hale Ltd manages the investments 
   on a discretionary basis. The remaining balance is held on behalf of 
   other discretionary clients. 
------------------------------------------------------------------------------ 
 
 
 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: 
                                   David Clueit 
-------------------------------  -------------- 
 
 15. Contact telephone number:     01253 754739 
-------------------------------  -------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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