12th Mar 2009 14:08
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:
Aberforth Partners LLP
4. Full name of shareholder(s) (if different from 3.) :
Aberforth Smaller Companies Trust plc 16,207,855 shares
Aberforth UK Small Companies Fund 8,845,048 shares
The Church Commissioners for England 3,037,798 shares
Aberforth Geared Capital & Income Trust plc 3,136,074 shares
1,2 and 4 registered in the name of Nortrust Nominees Ltd A/C Aberfrth and 3 regsited in the name of The Church Commissioners for England (Chase GIS) Nominees Limited
5. Date of the transaction (and date on which the threshold is crossed or reached if different):
11 March 2009
6. Date on which issuer notified:
12 March 2009
7. Threshold(s) that is/are crossed or reached
11%
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 |
19,177,000 |
19,177,000 |
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 |
|
GB0005363014 |
31,226,775 |
N/A |
31,226,775 |
N/A |
10.88 |
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 |
|
31,226,775 |
10.88% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
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: Shares purchased in Placing and Open Offer
14. Contact name:
Matthew Joy, Company Secretary, Low & Bonar plc
15. Contact telephone number:
0207 535 3180
Related Shares:
LWB.L