RNS No 3782b
ACORN GROUP PLC


                    DEALINGS BY SUBSTANTIAL SHAREHOLDERS

1)  NAME OF COMPANY

ACORN GROUP PLC

2)  NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

SCHRODER INVESTMENT MANAGEMENT LIMITED

3)  Please state whether notification indicates that it is in respect of holding
    of the Shareholder named in 2 above or in respect of a non-beneficial
    interest or in the case of an individual holder if it is a holding of that
    person's spouse or children under the age of 18

PLEASE SEE BELOW

4)  Name of the registered holder(s) and, if more than one holder, the number of
    shares held by each of them.

PLEASE SEE BELOW

5)  Number of shares/amount of stock acquired.

NOT NOTIFIED

6)  ( N/A %) of issued Class

7)  Number of shares/amount of stock disposed

NOT NOTIFIED

8)  ( N/A %) of issued Class

9)  Class of security

10P ORDINARY SHARES

10) Date of transaction

NOT NOTIFIED

11) Date company informed

12 NOVEMBER 1997

12) Total holding following this notification

17,477,720

13) Total percentage holding of issued class following this notification

19.06%

14) Any additional information

N/A

15) Name of contact and telephone number for queries

RICHARD CONWAY
01223 725000

16) Name and signature of authorised company official responsible for making
    this notification

    Date of Notification.....12 NOVEMBER 1997...


LETTER TO ACORN COMPUTER GROUP PLC

ACORN COMPUTER GROUP PLC                                    12 November 1997
10P ORDINARY SHARES ("SHARES")

We write to advise you that we, Schroder Investment Management Limited, have an
interest in 17,477,720 shares which are held in portfolios managed by us on a
discretionary basis for clients under investment management agreements.

Our aggregate interest represents 19.085% of your company's issued share
capital, which we understand to be 91,577,293 shares.

Included in this figure are:-

(i)  13,458,720 shares registered or to be registered in the name of our wholly
owned subsidiary nominee company, Schroder Nominees Limited (Schroder Nominees).

(ii)  49,000 shares held in (a) unit trust(s) operated and managed by another
wholly-owned subsidiary, Schroder Unit Trusts Limited (SUTL), and registered or
to be registered in the name of Popeshead Nominees Limited (Popeshead), and

(iii)  3,970,000 shares neither registered nor to be registered in the name of
Schroder Nominees or Popeshead. The registration details are shown on Schedule
A.

This notification is made to you:-

(a) in respect of our interest as investment managers and also by virtue of the
fact that we are the parent company of SUTL,

(b) on behalf of SUTL in relation to the interest it is treated as having under
the Companies Act 1985 (the Act), and

(c) on behalf of Schroders plc, our holding company, which is treated as having
an interest in all of the above shares under the Act by virtue of its ownership
and ourselves.


LETTER FROM PAUL MARTIN
(COMPLIANCE MANAGER)
SCHRODER INVESTMENT MANAGEMENT LIMITED


                             10P ORDINARY SHARES

                                SCHEDULE A

REGISTRATION                                                          AMOUNT

Chase Manhattan Nominees Ltd                                          845,000
Chase Nominees Ltd                                                  1,815,000
Nortrust Nominees Ltd                                                 310,000
Credit Suisse Zurich                                                1,000,000
                                                                   ----------
                                                                    3,970,000
                                                                      
END

HOLFFWSUDUWUFIF


Advance Capital (LSE:ACN)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Advance Capital Charts.
Advance Capital (LSE:ACN)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Advance Capital Charts.