2nd Sep 2010 17:52
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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
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1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
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TT Electronics Plc |
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2. Reason for the notification (please tick the appropriate box or boxes): |
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An acquisition or disposal of voting rights |
Yes |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached.
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
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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 the notification obligation: |
Legal & General Group Plc (Group)
Legal & General Investment Management Limited (LGIM) |
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4. Full name of shareholder(s) (if different from 3.): |
Legal & General Assurance (Pensions Management) Limited (PMC)
Legal & General Group Plc (L&G) |
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5. Date of the transaction and date on which the threshold is crossed or reached:
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01 September 2010 |
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6. Date on which issuer notified: |
02 September 2010 |
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7. Threshold(s) that is/are crossed or reached:
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Group (Below 10%)
LGIM (Below 10%) |
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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 using the 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 |
% of voting rights |
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Direct |
Indirect |
Direct |
Indirect |
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Ordinary 25p |
15,620,319
(As on 03/02/2010) |
14,409,544 |
9,310,752 |
4,398,792 |
6.008% |
2.838% |
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B: Qualifying 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 |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial instrument
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Exercise price |
Expiration date |
Exercise/ Conversion period |
Number of voting rights instrument refers to
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% of voting rights
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CFD |
N/A |
N/A |
N/A |
700,000 |
Nominal |
Delta |
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0.451% |
0.451% |
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Total (A+B+C) |
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Number of voting rights |
Percentage of voting rights |
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14,409,544 |
9.29% |
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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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Proxy Voting: |
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10. Name of the proxy holder: |
N/A |
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11. Number of voting rights proxy holder will cease to hold: |
N/A |
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12. Date on which proxy holder will cease to hold voting rights: |
N/A |
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13. Additional information: |
Notification using the total voting rights figure of 154,952,795 |
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14. Contact name: |
Paul Toon (LGIM) |
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15. Contact telephone number: |
020 3124 3854 |
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Name of authorised official of the issuer responsible for making this notification:
Wendy Sharp
Group Company Secretary
TT electronics plc
Date of Notification: 2 September 2010
Related Shares:
Tt ElectronicsLegal & General