23rd Jan 2007 18:11
TR-1i: 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):
GKN plc
2. Reason for the notification: (please state Yes/No):
An acquisition or disposal of voting rights:
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) - YES
Introduction of the Disclosure and Transparency Rules
3. Full name of person(s) subject to the notification obligation (iii):
Mondrian Investment Partners Limited (FRN - 149507)
4. Full name of shareholder(s) (if different from 3.) (iv):
5. Date of the transaction and date on which the threshold is crossed or reached (v):
20/01/2007
6. Date on which issuer notified:
22/01/2007
7. Threshold(s) that is/are crossed or reached:
5% 8. Notified details:
A: Voting rights attached to shares
Resulting situation after the triggering transaction (vii)
Class/type of Number of shares Number of voting rights % of voting shares if possible (ix) rights using the ISIN CODE Direct Direct (x) Indirect (xi) Direct Indirect Ordinary 54,798,613 43,849,886 6.24% GB0030646508 B: Financial Instruments
Resulting situation after the triggering transaction (xii)
Type of Expiration Date Exercise/ Number of voting % of voting financial (xiii) Conversion Period rights that may be rights instrument / Date (xiv) acquired if the instrument is exercised/ converted. Total (A+B)Number of voting % of voting rights rights 43,849,886 6.24%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
Proxy Voting: 10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:
GKN plc received this notification from Mondrian Investment Partners Limited, a London-based discretionary investment manager, and is disclosing this information in accordance with DTR 5.8.12.
Mondrian believes that this disclosure has been triggered by the introduction of the new Disclosure and Transparency Rules. They believe that previously they were considered to have a non-material interest as an investment manager and disclosure was not required until a 10% threshold was reached.
(Mondrian advised that: Client assets managed by Mondrian are custodied at their clients' custodians of choice (i.e. Mondrian does not act as custodian for any of its clients).)
14. Contact name: Chris Winters, Senior Secretarial Assistant, GKN plc
15. Contact telephone number: 01527 533383
GKN PLCRelated Shares:
GKN PLC