13th Aug 2008 12:28
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 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:
AXA S.A, 25 Avenue Matignon, 75008 Paris and its group of companies.
4. Full name of shareholder(s) (if different from 3.) :
5. Date of the transaction (and date on which the threshold is crossed or reached if different):
11/08/2008
6. Date on which issuer notified:
12/08/2008
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 |
|
0536301 |
7,271,157 |
7,271,157 |
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 |
Direct |
Indirect |
Direct |
Indirect |
|
0536301 |
340,988 |
340,988 |
7,553,814 |
0.22% |
4.90% |
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 |
Total (A+B)
|
Number of voting rights |
% of voting rights |
|
7,894,802 |
5.13% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable :
|
AXA UK Investment Co ICVC UK Smaller Companies Fund Indirect |
230,169 |
0.14946 |
|
Sun Life Unit Assurance Ltd FTSE All Share Tracker Direct |
27,251 |
0.01770 |
|
Sun Life Pensions Management FTSE All Share Tracker Direct |
147,712 |
0.09591 |
|
AXA Framlington Indirect |
320,000 |
0.20779 |
|
AXA Framlington Indirect |
6,300,000 |
4.09081 |
|
AXA Framlington Indirect |
214,020 |
0.13897 |
|
AXA Framlington Indirect |
89,625 |
0.05820 |
|
Axa Sun Life With Profits Passive Direct |
102,363 |
0.06647 |
|
Axa Sun Life With Profits Passive Direct |
63,662 |
0.04134 |
|
AXA Framlington Indirect |
400,000 |
0.25973 |
|
Total Direct |
340,988 |
0.22142 |
|
Total Indirect |
7,553,814 |
4.90495 |
|
TOTAL |
7,894,802 |
5.12637 |
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 3180
Related Shares:
LWB.L