MRX Metalrax Group

RNS Number:0329Q
Metalrax Group PLC
23 January 2007



TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1.  Identity of the issuer or the underlying issuer of existing shares to
    which voting rights are attached
    METALRAX GROUP PLC

2.  Reason for the notification (please tick the appropriate box or boxes)

    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 (specify):   Initial notification as per regulatory         (X)
                       requirement


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

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):
    20/01/2007

6.  Date on which issuer notified:
    20/01/2007

7.  Threshold(s) that is/are crossed or reached:
    Above 5%

8.  Notified details:



A. Voting rights attached to shares

Class/type of shares (if possible using the Ordinary (GB0005838247)
ISIN code)

Situation previous to                  Resulting situation after the triggering 
the triggering transaction             transaction

Number of  Number of   Number of     Number of voting       % of voting rights
   Shares     Voting      shares        rights
              Rights  
                         Direct      Direct  Indirect    Direct        Indirect
     n/a        n/a         n/a        n/a  8,619,197       n/a       8,619,197


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




Total (A+B)
Number of voting rights              % of voting rights
8,619,197                            7.189%

9.  Chain of controlled undertakings through which the voting rights and/
    or the financial instruments are effectively held, if applicable:
    Schroder Investment Management Limited (8,619,197 shares 7.189%)

Proxy Voting:
10.  Name of the proxy holder:

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:       The Shares referred to in section 9 are
                                   held in portfolios managed by those
                                   firms on a discretionary basis for
                                   clients under investment management
                                   agreements

14:  Contact name:

15.  Contact telephone number:


Annex - Notification of Major Interests in Shares


A: Identity of the person or legal entity subject to the notification obligation
     Full name (including legal form for    Schroders plc
     legal entities):
     Contact address (registered office     31 Gresham Street, London, EC2V 7QA
     for legal entities)                 
     Phone number                           020 7658 2959
     Other useful information (at least     Taryn O'Donoghue
     legal representative for legal
     persons):


B: Identity of the notifier, if applicable
     Full name:
     Contact address:
     Phone number:
     Other useful information (at least
     legal relationship with the person
     or legal entity subject to the
     notification obligation):


C: Additional information






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

END
HOLBRGDBBUDGGRX

Metalrax Group (LSE:MRX)
Historical Stock Chart
From Jun 2024 to Jul 2024

Metalrax Group (LSE:MRX)
Historical Stock Chart
From Jul 2023 to Jul 2024