SAR - Future Network PLC
March 15 2004 - 5:21AM
UK Regulatory
RNS Number:5230W
Schroders PLC
15 March 2004
FORM SAR 3
Lodge with a RIS or Newstrack if appropriate and the Takeover Panel.
A copy must also be sent to the company the shares of which are acquired.
Date of disclosure
15 March 2004...............................................................
DISCLOSURE UNDER RULE 3 OF THE RULES GOVERNING
SUBSTANTIAL ACQUISITIONS OF SHARES ("SARs")
Date of acquisition
12 March 2004...............................................................
Acquisition in (name of company)
Future Network Plc............................................................
...
1. Class of voting shares (eg ordinary shares)
Ordinary 1p...............................................................
Number of shares/rights over shares acquired
500,000...Shares........................Rights
If rights over shares acquired, as opposed to the shares themselves, specify
nature of rights
...............................................................
2. Resultant total holding of voting shares (and % of total voting shares in
issue)
48,822,654.......... ....15.109%
Resultant total holding of rights over shares (and % of total voting shares in
issue)
.......... ..........%
Total percentage
15.109%
3. Party making disclosure
Schroders plc...............................................................
4. (a) Name of person acquiring shares or rights over shares
Schroders plc...............................................................
and, if different, beneficial owner
...............................................................
(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)
Alison Dunn......................................................
Telephone and extension number
020 7658 2959...............................................................
Note 1. 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.
Note 2. The resultant total percentage holding of voting shares and
rights over shares is to be calculated by reference to the percentage held and
in issue outside treasury.
For full details of the SARs disclosure requirements, see Rules 3 and 5 of the
SARs. If in doubt, contact the Panel on Takeovers and Mergers, Monitoring
Section. Tel. No: 020 7638 0129.
Email:monitoring@disclosure.org.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
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