5th Mar 2012 13:32
For filings with the FSA include the annex
For filings with issuer exclude the annex
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: Premier
Farnell Plc
2 Reason for the notification (please tick the appropriate box or boxes): An acquisition or disposal of voting rights Yes
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification
obligation: Baillie Gifford & Co
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: 02 Mar 2012 6. Date on which issuer notified: 05 Mar 2012 7. Threshold(s) that is/are crossed or reached:
5% 8. Notified details:
A: Voting rights attached to shares
Class/type Situation previous Resulting situation after the triggering of
to the triggering transaction shares transaction if possible Number Number Number Number of voting % of voting using of of of shares rights rights the ISIN Shares Voting CODE Rights Direct Direct Indirect Direct Indirect Ordinary Share
GB0003318416 Below 5% Below 5% 18932436 18932436 5.12
B: Qualifying Financial Instruments Resulting situation after the triggering transaction
Type of financial Expiration Exercise/ Number of voting % of voting instrument date Conversion rights that may be rights Period acquired if the instrument is exercised/ converted. N/A
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction Type of Exercise Expiration Exercise/ Number of % of voting financial price date Conversion voting rights instrument period rights instrument refers to Nominal Delta N/A Total (A+B+C) Number of voting rights Percentage of voting rights 18932436 5.12
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
In the narrative below, the figures in [ ] indicate the amount of voting rights and the percentage held by each controlled undertaking where relevant.
Baillie Gifford & Co, a discretionary investment manager, is the parent undertaking of an investment management group.
Its wholly-owned subsidiary undertaking Baillie Gifford Overseas Limited [12391000; 3.35%] is also a discretionary investment manager.
Its wholly-owned subsidiary undertaking Baillie Gifford Life Limited [827486; 0.22%] is a life assurance company which procures discretionary investment management services from Baillie Gifford & Co in respect of its own account shareholdings. Proxy Voting: 10. Name of the proxy holder: N/A
11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights:
13. Additional information: 14. Contact name: Gillian Wright 15. Contact telephone number: 0131 275 3041
PINXRelated Shares:
PFL.L