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Low & Bonar (LWB)

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 70.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 76.75p
  • 52 Week Low: 49.00p
  • Currency: UK Pounds
  • Shares Issued: 303.25m
  • Volume: 0
  • Market Cap: £212.27m
  • RiskGrade: 103

Holding(s) in Company

RNS Number : 3953A
Low & Bonar PLC
29 March 2012
 



 

TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES

 

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

Low & Bonar PLC

 

2. Reason for the notification (please place an X inside the appropriate bracket/s):

 

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): Transfer of voting rights 

 

 

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

 

Standard Life Investments Ltd

 

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

 

            Vidacos Nominees

 

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

 

28 March 2012

 

6. Date on which issuer notified:

 

29 March 2012

 

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

    

5%

 

8. Notified details:

A: Voting rights attached to shares

 

Class/type of shares if possible using the ISIN CODE

Situation previous to the Triggering transaction




Number of shares

Number of voting Rights


GB0005363014

 

15,036,666

15,036,666

 

Resulting situation after the triggering transaction

 

Class/type of shares if possible using the ISIN CODE

Number of shares

Number of voting rights

% of voting rights







Direct

Indirect

Direct

Indirect

GB0005363014

 

14,150,061

8,408,171

5,741,890

2.807%

1.917%

 

B: Financial Instruments

Resulting situation after the triggering transaction

 

Type of financial instrument

Expiration Date




Exercise/Conversion Period/ Date

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

N/A

N/A

N/A

N/A

N/A

 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

 

Type of financial instrument

Exercise price

Expiration Date


Exercise/Conversion Period

Number of voting rights instrument refers to

% of voting rights

 

Nominal

%

N/A

N/A

N/A

N/A

N/A

N/A

N/A

 

 

Total (A+B+C)

Number of voting rights

% of voting rights

14,150,061

4.724%

 

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

 

N/A

 

 

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:

 

Matthew Joy, Company Secretary, Low & Bonar PLC

 

15. Contact telephone number:

0207 535 3184


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

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