16th Jul 2008 18:34
Letter to: British Polythene Industries PLC
Please find attached below Form TR-1 which discloses Aberforth Partners LLP's interest in 3,999,250 of the voting shares of British Polythene Industries PLC as required under the Disclosure Rules and Transparency Rules Sourcebook of the FSA Handbook.
In addition, Aberforth Partners LLP is interested in a further 700,100 shares although we do not have access to the voting rights of these shares. Aberforth Partners LLP is, therefore, interested in a total of 4,699,350 shares of the above company. This interest arises as a result of the discretionary investment management powers that we can exercise over the funds of our clients. Aberforth Partners LLP is not the beneficial owner of these shares.
Letter from: Aberforth Partners LLP
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TR-1: Notifications of Major Interests in Shares |
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1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
British Polythene Industries PLC |
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2. Reason for notification (yes/no) |
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An acquisition or disposal of voting rights |
Yes |
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An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An event changing the breakdown of voting rights |
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Other (please specify):______________ |
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3. Full name of person(s) subject to notification obligation: |
Aberforth Partners LLP |
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4. Full name of shareholder(s) (if different from 3): |
Shareholder Shares
1. Aberforth Smaller Companies Trust plc 1,875,850 2. Aberforth UK Small Companies Fund 1,437,900 3. The Church Commissioners for England 328,100 4. Aberforth Geared Capital & income Trust plc 357,400
1,2,4 = registered in the name of Nortrust Nominees Ltd A/c Aberforth,
3 = The Church Commissioners for England (Chase GIS) Nominees Ltd
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5. Date of transaction (and date on which the threshold is crossed or reached if different): |
15/07/2008 |
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6. Date on which issuer notified: |
16/07/2008 |
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7. Threshold(s) that is/are crossed or reached: |
15% |
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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 use 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 |
Percentage of voting rights |
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Direct |
Indirect |
Direct |
Indirect |
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Ordinary
GB0007797425
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3,876,300 |
3,876,300 |
3,999,250 |
N/A |
3,999,250 |
N/A |
15.09 |
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B: 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/date |
No. of voting rights that may be acquired (if the instrument exercised/converted) |
Percentage of voting rights |
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N/A |
N/A |
N/A |
N/A |
N/A |
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Total (A+B)
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Number of voting rights |
Percentage of voting rights |
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3,999,250 |
15.09 |
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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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Held by Aberforth Partners LLP |
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Proxy Voting:
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10. Name of proxy holder:
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N/A |
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11. Number of voting rights proxy holder will cease to hold:
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N/A |
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12. Date on which proxy holder will cease to hold voting rights:
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N/A |
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13. Additional information:
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N/A |
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14 Contact name:
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Pauline Robson, Aberforth Partners LLP |
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15. Contact telephone name:
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0131 220 0733 |
For notes on how to complete form TR-1 please see the FSA website.
Related Shares:
BPI.L