TIDMELCO

RNS Number : 4317F

Eleco PLC

23 May 2013

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 
 1. Identity of the issuer or the underlying                          Eleco plc 
  issuer 
  of existing shares to which voting rights 
  are 
  attached: (ii) 
----------------------------------------------------  ---------------------------------------- 
 2 Reason for the notification (please tick the appropriate box or boxes): 
---------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights 
------------------------------------------------------------------------------------  -------- 
 An acquisition or disposal of qualifying financial instruments 
  which may result in the acquisition of shares already issued to 
  which voting rights are attached 
------------------------------------------------------------------------------------  -------- 
 An acquisition or disposal of instruments with similar economic 
  effect to qualifying financial instruments 
------------------------------------------------------------------------------------  -------- 
 An event changing the breakdown of voting rights 
------------------------------------------------------------------------------------  -------- 
 Other (please 
  specify): 
------------------  ----------------------------------------------------------------  -------- 
 3. Full name of person(s) subject           Delta Lloyd N.V. and its Group of Companies 
  to the 
  notification obligation: (iii) 
------------------------------------------  -------------------------------------------------- 
 4. Full name of shareholder(s)                                             Registered Holder: 
  (if different from 3.):(iv) 
                                                          Delta Lloyd L European Participation 
                                                                                    Fund Sicav 
                                                                                       728,755 
 
                                                       Delta Lloyd Europees Deelnemingen Fonds 
                                                                                          N.V. 
                                                                                     5,131,522 
------------------------------------------  -------------------------------------------------- 
 5. Date of the transaction and date                           May 21st 2013 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
------------------------------------------  -------------------------------------------------- 
 6. Date on which issuer notified:                             May 23rd 2013 
------------------------------------------  -------------------------------------------------- 
 7. Threshold(s) that is/are crossed                    >10% to 9% Change at Combined Indirect 
  or                                                                            Interest Level 
  reached: (vi, vii) 
------------------------------------------  -------------------------------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                    Resulting situation after the triggering 
 of              to the triggering                     transaction 
 shares          transaction 
 
 if possible 
 using 
 the ISIN 
 CODE 
-------------  ------------------------------------  -------------------------------------------------------------------- 
                Number            Number              Number        Number of voting         % of voting rights 
                 of                of                  of shares     rights                   (x) 
                 Shares            Voting 
                                   Rights 
-------------  ----------------  ------------------  ------------  -----------------------  ----------------------------- 
                                                      Direct        Direct       Indirect    Direct           Indirect 
                                                                     (xi)         (xii) 
-------------    -----  -------  ------  -----  ---  ------------  -----------  ----------  ---------------  ------------ 
 Ordinary 
 Shares 
 
 GB0003081246   6,110,277         6,110,277           5,860,277     Nil          5,860,277   Nil              9.66% 
               ----------------  ------------------  ------------  -----------  ----------  ---------------  ------------ 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------- 
 Type of financial       Expiration       Exercise/                      Number of voting               % of voting 
  instrument              date (xiii)      Conversion Period              rights that may                rights 
                                           (xiv)                          be 
                                                                          acquired if the 
                                                                          instrument is 
                                                                          exercised/ converted. 
----------------------  ---------------  -----------------------------  -----------------------------  ------------------ 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments (xv, xvi) 
------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise        Expiration     Exercise/          Number of voting              % of voting rights 
 financial         price           date (xvii)    Conversion         rights instrument             (xix, xx) 
 instrument                                       period             refers to 
                                                  (xviii) 
---------------  --------------  -------------  -----------------  ----------------------------  ------------------------ 
                                                                                                  Nominal        Delta 
---------------  --------------  -------------  -----------------  ----------------------------  -------------  --------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                          Percentage of voting rights 
---------------------------------------------------------------  -------------------------------------------------------- 
 5,860,277                                                        9.66% 
---------------------------------------------------------------  -------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
----------------------------------------------------------------------------------- 
 The voting rights held in the 2 investment funds are managed and controlled 
  by Delta Lloyd Asset Management N.V., with the following chain of controlled 
  undertakings: 
 
  Delta Lloyd Asset Management N.V.: 
   *    Delta Lloyd N.V. 
 
 
   *    DLAM Holding B.V. (wholly owned subsidiary of Delta 
        Lloyd N.V.) 
 
 
   *    Delta Lloyd Asset Management N.V. (wholly owned 
        subsidiary of DLAM Holding B.V.) 
 
 Proxy Voting: 
----------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                          See section 4 
-----------------------------------------------------  ---------------------------- 
 11. Number of voting rights proxy holder will 
  cease 
  to hold: 
-----------------------------------------------------  ---------------------------- 
 12. Date on which proxy holder will cease to 
  hold 
  voting rights: 
-----------------------------------------------------  ---------------------------- 
 
 
  13. Additional information:                  Figures are based on a total number 
                                               of voting rights of 60,658,239 (on 
                                                         23rd May 2013) 
------------------------------------------  --------------------------------------- 
 14. Contact name:                             Stéphanie Pirlot, Delta Lloyd 
                                                        Asset Management 
------------------------------------------  --------------------------------------- 
 15. Contact telephone number:                         +31 (0)20 594 3827 
------------------------------------------  --------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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