18th Aug 2008 11:16
TR-1(i): 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):
Renold 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 (iii):
SVG Investment Managers
4. Full name of shareholder(s) (if different from 3.) (iv):
HSBC Bank plc
The Northern Trust Company
Chase Nominees Ltd
Chase Nominees Ltd a/c CMBL
5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):
6. Date on which issuer notified:
15 August 2008
7. Threshold(s) that is/are crossed or reached:
Sale decrease to 9.52%
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 (vi) |
|
|
|
Number of shares |
Number of voting Rights (viii) |
|
GB0007325078 |
7,090,511 |
7,090,511 |
Resulting situation after the triggering transaction (vii)
|
Class/type of shares (If possible using the ISIN CODE) |
Number of shares |
Number of voting rights (ix) |
% of voting rights |
||
|
|
Direct |
Direct (x) |
Indirect (xi) |
Direct |
Indirect |
|
GB0007325078 |
6,672,381 |
None |
6,672,381 |
None |
9.52% |
B: Financial Instruments
Resulting situation after the triggering transaction (xii)
|
Type of financial instrument |
Expiration Date (xiii) |
Exercise/Conversion Period/ Date (xiv) |
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 |
|
6,672,381 |
9.52% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
N/A
Proxy Voting:
N/A
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:
Lindsay Beardsell
15. Contact telephone number:
0161 498 4519
Related Shares:
Renold