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Holding(s) in Company

18th Oct 2007 14:19

Rurelec PLC18 October 2007 TR-1(i): notification of major interests in shares 1. Identity of the issuer or the Rurelec Plcunderlying issuer of existing shares to --------------------which voting rights are attached(1):-------------------------------2. Reason for the notification (please tick the appropriate box or boxes)-------------------------------------------- -------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 RAB ENERGY FUND LIMITEDnotification obligation(1): ---------------------------------------------------4. Full name of shareholder(s) (if CREDIT SUISSE CLIENT NOMINEES (UK) LIMITEDdifferent from 3.)(1): ---------------------------------------------------5. Date of the transaction (and date on 17/10/2007which the threshold is crossed or reached --------------------if different)(1):-------------------------------6. Date on which issuer notified: 18/10/2007------------------------------- --------------------7. Threshold(s) that is/arecrossed or reached: 8%------------------------------- --------------------8. Notified details: n/a------------------------------- -------------------- A: Voting rights attached to sharesClass/type Situation previous Resulting situation after the triggering transaction(1)of shares to the Triggering transaction (1)ifpossible Number of Number Number of Number of voting % of voting rightsusing the Shares of shares rights ixISIN CODE Voting Rights Direct Direct x Indirect Direct Indirect viii xi ORDINARY 5,425,000 7.40% 6,365,000 6,365,000 n/a 8.68% n/aSHARES B: Financial InstrumentsResulting situation after the triggering transaction xiiType of Expiration Exercise/ Conversion Number of voting % of votingfinancial date xiii Period/ Date xiv rights that may be rightsinstrument acquired if the instrument is exercised/ converted. n/a n/a n/a n/a n/a Total (A+B)Number of voting rights % of voting rights 6,365,000 8.68% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable xv:RAB Capital plc acts as investment manager for RAB ENERGY FUND LIMITED. RABCapital plc does not act as custodian for its clients and therefore the sharesare held in the nominee name of the custodian of its clients, which is CREDIT SUISSE CLIENT NOMINEES (UK) LIMITED. 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: LEGAL TEAM 15. Contact telephone number: 020 7389 7000 Annex Notification Of Major Interests In Shares xvi A: Identity of the person or legal entity subject to the notification obligationFull name (including legal form for legal entities) RAB ENERGY FUND LIMITEDContact address (registered office for legal entities) C/O RAB CAPITAL PLC, 1 ADAM STREET, LONDON WC2N 6LEPhone number 020 7389 7000 Other useful information (at least legal representative for legalpersons) B: Identity of the notifier, if applicable xvii Full name ALL AS ABOVEContact addressPhone number Other useful information (e.g. functional relationship with theperson or legal entity subject to the notification obligation) C: Additional informationn/a Notes -------------------------- (i) This form is to be sent to the issuer or underlying issuer and to be filedwith the competent authority. This information is provided by RNS The company news service from the London Stock Exchange

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RUR.L
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