TIDMASD TIDMASL
RNS Number : 4935A
Axis-Shield PLC
08 October 2009
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| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
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| 1. Identity of the issuer or the | Axis-Shield PLC |
| underlying issuer of existing shares to | |
| which voting rights are attached: | |
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+-------------------+---------------------------------------------------+--------+
| 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 | |
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| 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): | | |
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+-------------------------------------------+-----------------------------------+
| 3. Full name of person(s) subject to | Aberforth Partners LLP |
| the notification obligation: | |
| | |
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| 4. Full name of shareholder(s) (if | Shareholder (Shares) |
| different from 3.): | 1) Aberforth Smaller Companies |
| | Trust plc (1,380,542) |
| | 2) Aberforth UK Small Companies |
| | Fund (756,416) |
| | 3) The Church Commissioners for |
| | England (301,262) |
| | |
| | 1,2 = registered in the name of |
| | Nortrust Nominees Ltd A/C |
| | Aberfrth, 3 = The Church |
| | Commissioners for England (Chase |
| | GIS) Nominees Ltd |
| | |
| | |
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| 5. Date of the transaction and date | 07/10/2009 |
| on which the threshold is crossed | |
| or reached: | |
| | |
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| 6. Date on which issuer notified: | 08/10/2009 |
| | |
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| 7. Threshold(s) that is/are crossed | 5% |
| or reached: | |
| | |
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+----------------+----------------+------------+----------------+----------+------------+----------+----------+
| 8. Notified details: |
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| A: Voting rights attached to shares |
| |
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| Class/type of | Situation previous | Resulting situation after the triggering transaction |
| shares | to the triggering | |
| if possible | transaction | |
| using | | |
| the ISIN CODE | | |
+ +-----------------------------+--------------------------------------------------------------+
| | Number | Number | Number | Number of voting | % of voting rights |
| | of | of | of | rights | |
| | Shares | Voting | shares | | |
| | | Rights | | | |
+ + + +----------------+-----------------------+---------------------+
| | | | Direct | Direct | Indirect | Direct | Indirect |
+----------------+----------------+------------+----------------+----------+------------+----------+----------+
| Ordinary | 4,823,888 | 4,823,888 | 2,438,220 | N/A | 2,438,220 | N/A | 4.93 |
+----------------+ + + + + + + +
| GB0008039975 | | | | | | | |
+----------------+----------------+------------+----------------+----------+------------+----------+----------+
+---------------------+------------+--------------------+---------------------+----------------+
| B: Qualifying Financial Instruments |
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| Resulting situation after the triggering transaction |
| |
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| Type of financial | Expiration | Exercise/ | Number of voting | % of voting |
| instrument | date | Conversion | rights that may be | rights |
| | | Period | acquired if the | |
| | | | instrument is | |
| | | | exercised/ | |
| | | | converted. | |
| | | | | |
+---------------------+------------+--------------------+---------------------+----------------+
| N/A | N/A | N/A | N/A | N/A |
+---------------------+------------+--------------------+---------------------+----------------+
+---------------+----------+------------+------------+----------------+---------------+---------+
| 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 | Expiration | Exercise/ | Number of | % of voting |
|