Holding(s) in Company

Date : 03/22/2007 @ 12:37PM
Source : UK Regulatory (RNS and others)
Stock : Aberforth Geared Cap (AFHI)
Quote : 107.25  -3.25 (-2.94%) @ 6:56AM
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Holding(s) in Company

RNS Number:5474T
British Polythene Industries PLC
22 March 2007


TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

(1). Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached (ii):

British Polythene Industries PLC

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 financial instruments which may result 
in the acquisition of shares already issued to which voting rights are 
attached:                                                                  (   )

An event changing the breakdown of voting rights:                          (   )
                                                                           
Other (please specify) :                                                   (  )


3. Full name of person(s) subject to the notification obligation (iii):

Aberforth Partners LLP

4. Full name of shareholder(s) (if different from 3.) (iv):

Noted below

                                                                                    No of
Shares

Aberforth Smaller Companies Trust plc         Nortrust Nominees Ltd A/c Aberfrth      
1,460,700

Aberforth UK Small Companies Fund             Nortrust Nominees Ltd A/c Aberfrth      
1,415,600

Aberforth Geared Capital & Income Trust plc   Nortrust Nominees Ltd A/c Aberfrth        
305,000

The Church Commissioners for England          The Church Commissioners for England      
249,100
                                              (Chase GIS) Nominees Ltd

5. Date of the transaction and date on which the threshold is crossed or reached
if different) (v):

19 March 2007
 
6. Date on which issuer notified:

20 March 2007 

7. Threshold(s) that is/are crossed or reached:

13%

8. Notified details:

Sold 50,000 shares on 19 March 2007


A: Voting rights attached to shares

 
Class/type of shares            Situation previous to  
if possible using the           the Triggering         
ISIN CODE                       transaction (vi)       
                       Number of shares       Number of voting Rights 
                                              (viii)                  

ordinary shares        3,480,400              3,480,400      

GB0007797425

 

                     Resulting situation after the triggering transaction (vii)

 
Class/type of shares Number of shares  Number of voting rights    % of voting rights  
if possible using                      (ix)                                           
the ISIN CODE                                                                         
                     Direct            Direct (x) Indirect (xi)   Direct    Indirect  
                                                                                      
ordinary shares      N/A               N/A        3,430,400       N/A       12.95%            
                       

GB0007797425
                      
                                                                                 
B: Financial Instruments

Resulting situation after the triggering transaction (xii)

 
Type of     Expiration Date  Exercise/Conversion Number of voting     % of voting     
financial   (xiii)           Period/ Date (xiv)  rights that may be   rights          
instrument                                       acquired if the                      
                                                 instrument is                        
                                                 exercised/                           
                                                 converted.                           
                                                                                      
                                                                                      
N/A          N/A               N/A               N/A                  N/A
 

 

Total (A+B)
Number of voting     % of voting rights 
rights                                  
                                        
3,430,400             12.95%                          


9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable (xv):

Held by Aberforth Partners LLP
 

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


13. Additional information:                         N/A

14. Contact name:                                   David Holland, 
                                                    Aberforth Partners LLP

15. Contact telephone number:                       0131-220-0733 




                      This information is provided by RNS
            The company news service from the London Stock Exchange

END

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