RNS Number : 5183D
  Derwent London PLC
  16 September 2008
   


    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:
    DERWENT LONDON PLC

    2. Reason for the notification (please place an X inside the appropriate bracket/s):

    An acquisition or disposal of voting rights: (    )

    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: ( )

    Other (please specify) Retirement from trusteeship: (X )

    3. Full name of person(s) subject to the notification obligation:
    Michael Bernard Conn, Sir Evelyn Robert Adrian de Rothschild and Christopher Roxborough Balfour (as executors of Lord Rayne (deceased))


    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 if different):
    Retirement on 30 June 2008, legal transfer of shares to new trustees followed on 12 September 2008.

    6. Date on which issuer notified:
    12 September 2008

    7. Threshold(s) that is/are crossed or reached:
    Major shareholding reduced by more than 1% of issued share capital. Shareholding no longer exceeds 3%.

    8. Notified details:


    A: Voting rights attached to shares

 Class/type of shares if               Situation previous to the Triggering transaction
 possible using the ISIN CODE
                                 Number of shares      Number of voting Rights 
 ORD GBP 0.10
                                 5,548,731             5,234,105


    Resulting situation after the triggering transaction 

 Class/type of shares if         Number of shares   Number of voting rights  % of voting rights
 possible using the ISIN CODE
                                 Direct             Direct     Indirect      Direct   Indirect

 ORD GBP 0.10                    0                  0                        0%

    B: Financial Instruments
    Resulting situation after the triggering transaction

 Type of financial instrument  Expiration Date   Exercise/Conversion   Number of voting      % of voting rights
                                                 Period/ Date          rights that may be
                                                                       acquired if the
                                                                       instrument is
                                                                       exercised/
                                                                       converted.


    Total (A+B)
 Number of voting rights  % of voting rights

 0                        0%

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

    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:
    T.J. KITE

    15. Contact telephone number:
    020 7659 3000

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