RNS No 7690d
HOARE GOVETT 1000 INDEX FUND


                                     Date of disclosure...20/3/98.............

             DISCLOSURE UNDER RULE 3 OF THE RULES GOVERNING
              SUBSTANTIAL ACQUISITIONS OF SHARES ("SARs")


Date of acquisition.....19 MARCH 1998.............

Acquisition in....HOARE GOVETT 1000 INDEX FUND...............(name of company)


(1)  Class of voting shares   Number of shares/rights   If rights over shares
     (eg ordinary shares)     over shares acquired      acquired, as opposed
                                                        to the shares  
                                                        themselves, specify     
                                                        nature of rights

     .....ORDINARY........    ....350,000......shares   ........................
                              ...N/A...........rights


(2)  Resultant total holding   Resultant total holding  Total percentage
     of voting shares (and %   of rights over shares 
     of total voting shares    (and % of total voting  
     in issue)                 shares in issue)

     ...9,050,000...(18.01%)   ..............(    %)    ...............(18.01%)

(3)  Party making disclosure....FRIENDS IVORY & SIME PLC.......................

(4)  (a)  Name of person acquiring shares or rights over shares..FRIENDS IVORY &
                                                                   SIME PLC
          and, if different, beneficial owner.BRITISH EMPIRE SECURITIES & ......
                                              GENERAL TRUST PLC
     (b)  Names of any other persons acting by
           agreement or understanding (see SAR 5).....-........................


Signed, for and on behalf of the party named in (3) above......................

(Also print name of signatory) IAN JOHN PATERSON BROWN..................

Telephone and extension number.0131 225 1357 CONTACT: MR.K. MOFFAT.........

Note. Under SAR 5, the holdings of and acquisitions by persons acting by
agreement or understanding must be aggregated and treated as a holding of or
acquisition by one person. Note 3 on SAR 5 requires persons who must aggregate
holdings to disclose certain disposals.

For full details of the SARs disclosure requirements, see Rules 3 and 5 of the
SARs.  If in doubt, contact the Panel on Take-overs and Mergers, Tel. No: 01-382
9026.


END


DCCAILSAVSIIFAT


Hg Capital (LSE:HGT)
Historical Stock Chart
From Sep 2024 to Oct 2024 Click Here for more Hg Capital Charts.
Hg Capital (LSE:HGT)
Historical Stock Chart
From Oct 2023 to Oct 2024 Click Here for more Hg Capital Charts.