Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Holding(s) in Company

30th Mar 2009 14:45

RNS Number : 7184P
Stagecoach Group PLC
30 March 2009
 



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:

Stagecoach Group PLC

2. Reason for the notification (please tick the appropriate box or boxes): N/A see additional information

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

3. Full name of person(s) subject to the notification obligation:

Brian Souter

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:

30 March 2009

6. Date on which issuer notified:

30 March 2009

7. Threshold(s) that is/are crossed or reached:

Above 13%

  

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 

Resulting situation after the triggering transaction

Number of Shares 

Number of Voting Rights 

Number of shares 

Number of voting rights 

% of voting rights

Direct

Direct

Indirect 

Direct

Indirect

 Ord GBP 56/57p

84,567,952  84,785,037

62,936,959

62,936,959

35,912,420

8.75%

4.99%

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

Executive share options over ordinary shares

10 December 2011

10 December 2007 to 10 December 2011

217,085

0.03%

Total (A+B)

Number of voting rights

% of voting rights

99,066,464

13.78%

  

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

Brian Souter holds 62,936,959 ordinary shares in the issuer directly in his own name

62,936,959

Brian Souter holds 507 shares in trust for members of his family

507

Lakestream Limited holds 9,851,913 ordinary shares in the issuer. Brian Souter controls 51% of the voting rights of Lakestream Limited and therefore indirectly controls the voting rights of the shares held by Lakestream Limited

9,851,913

Highland and Universal Securities Limited holds 2,060,000 ordinary shares in the issuer. Brian Souter controls 51% of the voting rights of Highland and Universal Securities Limited and therefore indirectly controls the voting rights of the shares held by Highland and Universal Securities Limited

2,060,000

HSDL Nominees Limited holds 24,000,000 ordinary shares in the issuer over which it is contractually bound to follow the voting instructions of Brian Souter unless certain personal banking arrangements of Brian Souter are in default

24,000,000

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:

.

14. Contact name:

Alan Whitnall

15. Contact telephone number:

01738 642018

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
HOLURAORKBROOAR

Related Shares:

SGC.L
FTSE 100 Latest
Value8,463.46
Change46.12