8th Nov 2007 16:54
SDL PLC08 November 2007 TR-1: notification of major interests in shares 1. Identity of the issuer or the underlying issuer of existing SDL PLCshares to which voting rights are attached: 2. Reason for notification (yes/no) An acquisition or disposal of voting rights An acquisition or disposal of financial instruments which may result in the acquisitionof shares already issued to which voting rights are attached An event changing the breakdown of voting rightsOther (please specify): Transferred to External Fund Manager YES 3. Full name of person(s) subject to the notification BT Pension Scheme Trustees Ltd asobligation: Trustee of the BT Pension Scheme. See section 9 for further information.4. Full name of shareholder(s) (if different from 3.): N/A 5. Date of the transaction (and date on which the threshold is 01 November 2007crossed or reached if different): 6. Date on which issuer notified: 07 November 2007 7. Threshold(s) that is/are crossed or reached: 2% 8. Notified details: A: Voting rights attached to sharesClass/type of Situation previous to Resulting situation after the triggering transactionshares the Triggering transaction if possible Number of Number of Number of Number of voting rights % of voting rightsusing the ISIN Shares Voting sharesCODE Rights Direct Direct Indirect Direct IndirectOrd GBP 0.01 2,330,924 2,330,924 1,217,372 1,217,372 285,920 1.624% 0.382% B: Financial InstrumentsResulting situation after the triggering transactionType of financial Expiration date Exercise/ Conversion Number of voting rights % of votinginstrument Period/ Date that may be acquired if rights the instrument is exercised/ converted. Total (A+B)Number of voting rights % of voting rights 1,503,292 2.006% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectivelyheld, if applicable: BT Pension Scheme Trustees Limited is the parent undertaking of Britel Fund Trustees Limited, which is the parentundertaking of Hermes Pensions Management Limited. Hermes Pensions Management Limited is the parent undertaking of: 1. Hermes Investment Management Limited (voting rights held in this issuer: 2.006%) Please see Section 13 for further information. Proxy Voting: 10. Name of the proxy holder: See Comment in Section 13 11. Number of voting rights proxy holder will cease to hold: See Comment in Section 13 12. Date on which proxy holder will cease to hold voting rights: See Comment in Section 13 13. Additional information: Hermes Equity Ownership Services Ltd hold the voting rights under a standing proxy contained in services agreements for the provision of corporate governance services to various underying clients. Hermes Investment Management Ltd hold the voting rights under a standing proxy contained in investment management agreements with various underying clients, which includes all the shares owned directly by BT Pension Scheme. All voting rights held on behalf of the above entities are aggregated for the purposes of DTR 5.2.1(a). The aggregation is made at the lower threshold of 3% and above because Hermes Equity Ownership Services Ltd does not manage investments for the purposes of the investment manager exemption contained in DTR 5.1.5. This disclosure is made by BT Pension Scheme Trustees Ltd, with is the ultimate parent undertaking for the purposes of DTR 5.2.1 (e).14. Contact name: Alastair Gordon, SDL plc 15. Contact telephone number: 01628 417241 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
SDL.L