22nd May 2009 14:31
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: ( ).
Changes to shares in issue figure following placing of new shares
Other (please specify): ( )
3. Full name of person(s) subject to the notification obligation:
Hermes Specialist UK Focus Fund
4. Full name of shareholder(s) (if different from 3.) :
5. Date of the transaction (and date on which the threshold is crossed or reached if different):
21 May 2009
6. Date on which issuer notified:
22 May 2009
7. Threshold(s) that is/are crossed or reached
15%
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 |
|
056301 GB0005363014 ORD5P |
40,516,648 |
40,516,648 |
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 |
|
056301 GB0005363014 ORD5P |
45,320,985 |
45,320,985 |
N/A |
15.761% |
N/A |
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 |
|
45,320,985 |
15.761% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
|
N/A |
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:
All voting rights held on behalf of the above entity are disclosed pursuant to DTR 5.1.2.
This disclosure is made by Hermes Investment Management Limited as agent on behalf of Hermes Specialist UK Focus Fund.
14. Contact name:
Matthew Joy, Company Secretary, Low & Bonar plc
15. Contact telephone number:
0207 535 3180
Related Shares:
LWB.L