LWB Low & Bonar Plc

TIDMLWB

RNS Number : 3953A

Low & Bonar PLC

29 March 2012

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:

Low & Bonar PLC

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

An acquisition or disposal of voting rights: (X)

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): Transfer of voting rights

3. Full name of person(s) subject to the notification obligation:

Standard Life Investments Ltd

4. Full name of shareholder(s) (if different from 3.):

Vidacos Nominees

5. Date of the transaction (and date on which the threshold is crossed or reached if different):

28 March 2012

6. Date on which issuer notified:

29 March 2012

7. Threshold(s) that is/are crossed or reached

5%

8. Notified details:

A: Voting rights attached to shares

 
 Class/type of shares if possible using the ISIN CODE     Situation previous to the Triggering transaction 
                                                         Number of shares       Number of voting Rights 
 GB0005363014                                            15,036,666             15,036,666 
 

Resulting situation after the triggering transaction

 
Class/type of shares   Number of   Number of voting rights    % of voting rights 
 if possible using      shares 
 the ISIN CODE 
                                   Direct        Indirect     Direct    Indirect 
GB0005363014           14,150,061  8,408,171     5,741,890    2.807%    1.917% 
 

B: Financial Instruments

Resulting situation after the triggering transaction

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

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

 
 Type of       Exercise   Expiration   Exercise/Conversion   Number        % of voting rights 
  financial     price      Date         Period                of voting 
  instrument                                                  rights 
                                                              instrument 
                                                              refers 
                                                              to 
                                                                           Nominal       % 
 N/A           N/A        N/A          N/A                   N/A           N/A              N/A 
 
 

Total (A+B+C)

 
 Number of voting rights   % of voting rights 
 14,150,061                4.724% 
 

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

N/A

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:

N/A

14. Contact name:

Matthew Joy, Company Secretary, Low & Bonar PLC

15. Contact telephone number:

0207 535 3184

This information is provided by RNS

The company news service from the London Stock Exchange

END

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