23rd Aug 2010 09:54
Financial Services Authority
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1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
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Optare Plc |
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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 |
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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 |
Yes |
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Other (please specify):
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3. Full name of person(s) subject to the notification obligation: |
Legal & General Group Plc (Group)
Legal & General Investment Management Limited (LGIM)
Legal & General Group Plc (L&G) |
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4. Full name of shareholder(s) (if different from 3.): |
Legal & General Assurance Society Limited (LGAS & LGPL)
Legal & General (Unit Trust Managers) Limited (UTM) |
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5. Date of the transaction and date on which the threshold is crossed or reached:
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19 August 2010 |
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6. Date on which issuer notified: |
20 August 2010 |
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7. Threshold(s) that is/are crossed or reached:
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Group (Below 15%)
LGIM (Below 15%)
L&G (From 6% to 4%) |
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8. Notified details:
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A: Voting rights attached to shares |
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Class/type of shares if possible using the ISIN CODE |
Situation previous to the triggering transaction |
Resulting situation after the triggering transaction |
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Number of Shares |
Number of Voting Rights |
Number of shares |
Number of voting rights |
% of voting rights |
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Direct |
Indirect |
Direct |
Indirect |
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Ordinary 1p |
18,854,867 L&G (As on 03/08/2010) |
44,906,378 |
18,854,867 |
26,051,511 |
4.933% |
6.817% |
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44,906,378 LGIM (As on 03/08/2010) |
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B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial instrument |
Expiration date |
Exercise/ Conversion Period |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
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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 financial instrument
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Exercise price |
Expiration date |
Exercise/ Conversion period |
Number of voting rights instrument refers to
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% of voting rights
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Nominal |
Delta |
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Total (A+B+C) |
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Number of voting rights |
Percentage of voting rights |
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18,854,867 (L&G)
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4.93% |
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44,906,378 (LGIM) |
11.75% |
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9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
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Proxy Voting: |
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10. Name of the proxy holder: |
N/A |
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11. Number of voting rights proxy holder will cease to hold: |
N/A |
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12. Date on which proxy holder will cease to hold voting rights: |
N/A |
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13. Additional information: |
Notification using the total voting rights figure of 382,145,493 The event changing the breakdown of voting rights is the admission of 99,357,828 new ordinary shares, which were admitted to AIM on the 19th August 2010. |
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14. Contact name: |
Paul Toon (LGIM) |
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15. Contact telephone number: |
020 3124 3854 |
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Related Shares:
Legal & General