19th Feb 2013 07:00
Financial Services Authority
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES | ||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached:
| Rurelec 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.
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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 | ||||
Other (please specify):
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3. Full name of person(s) subject to thenotification obligation: | Legal & General Group Plc (Group)
Legal & General (Unit Trust Managers) Limited (UTM)
Legal & General Investment Management Limited (LGIM)
Legal & General Group Plc (L&G) | |||
4. Full name of shareholder(s) (if different from 3.): | Legal & General Assurance Society Limited (LGAS & LGPL) | |||
5. Date of the transaction and date onwhich the threshold is crossed orreached:
| 14 February 2013 | |||
6. Date on which issuer notified: | 18 February 2013 | |||
7. Threshold(s) that is/are crossed orreached:
| Group (Below 5%)
LGIM (Below 5%)
L&G (Below 3%)
UTM (Below 5%) | |||
8. Notified details:
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A: Voting rights attached to shares | |||||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | |||||||||||||||
NumberofShares | NumberofVotingRights |
Numberof shares | Number of votingrights | % of voting rights | |||||||||||||
Direct | Indirect | Direct | Indirect | ||||||||||||||
Ordinary 2p | 14,698,945 L&G (As on 22/01/2010) | 7.15% | Below 5% | ||||||||||||||
35,365,899 LGIM (As on 22/01/2010) | 17.21% | ||||||||||||||||
19,346,954 UTM (As on 22/01/2010) | 9.41% | ||||||||||||||||
B: Qualifying Financial Instruments | |||||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||||
Type of financialinstrument |
Expirationdate |
Exercise/Conversion Period | Number of votingrights that may beacquired if theinstrument isexercised/ converted. |
% of votingrights | |||||||||||||
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | |||||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||||
Type of financialinstrument
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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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| Nominal | Delta | |||||||||||||||
Total (A+B+C) | |||||||||||||||||
Number of voting rights | Percentage of voting rights | ||||||||||||||||
Below 3% (L&G)
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Below 5% (LGIM)
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Below 5% (UTM) | |||||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: | ||||||||||||||||||||||||||
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Proxy Voting: | ||||||||||||||||||||||||||
10. Name of the proxy holder: | N/A | |||||||||||||||||||||||||
11. Number of voting rights proxy holder will ceaseto hold: | N/A | |||||||||||||||||||||||||
12. Date on which proxy holder will cease to holdvoting rights: | N/A | |||||||||||||||||||||||||
13. Additional information: | Notification using the total voting rights figure of 420,671,505 | |||||||||||||||||||||||||
14. Contact name: | Angela Hayter (LGIM) | |||||||||||||||||||||||||
15. Contact telephone number: | 020 3124 3851 | |||||||||||||||||||||||||
Related Shares:
Legal & GeneralRUR.L