RNS Number:5689E
Metalrax Group PLC
26 September 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                       Yes

    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):

3.  Full name of person(s) subject to the notification obligation:
    Arlington Capital Investors Ltd

4.  Full name of shareholder(s) (if different from 3.)
    European Renaissance Fund Ltd

5.  Date of the transaction (and date on which the threshold is crossed
    or reached if different):
    25th Sept 2007

6.  Date on which issuer notified:
    26 Sept 2007

7.  Threshold(s) that is/are crossed or reached:
    6%

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 transaction
   the triggering
     transaction
Number of   Number of   Number of   Number of voting     % of voting rights
Shares      Voting      shares      rights
            Rights
                                    Direct    Indirect   Direct    Indirect
5,663,000   5,663,000   7,463,000   7,463,000            6.22%


B. Financial Instruments

Resulting situation after the triggering transaction
Type of       Expiration   Exercise/          Number of voting  % of voting
financial     date         Conversion Period/ rights that may   rights
instrument                 Date               be acquired if
                                              the instrument is
                                              exercised/
                                              converted

Total (A+B)
Number of voting rights              % of voting rights
7,463,000                            6.22%

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

    European Renaissance Fund Limited is managed by Arlington Capital Partners 
    Ltd as investment manager

Proxy Voting:
10.  Name of the proxy holder:            Arlington Capital Investors Limited

11.  Number of voting rights proxy        7,463,000
     holder will cease to hold:

12.  Date on which proxy holder           N/A
     will cease to hold voting
     rights:

13.  Additional information:

14:  Contact name:                        Audrey Welch

15.  Contact telephone number:            020 7647 8200







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

END
HOLBRGDCGBDGGRL
Metalrax Group (LSE:MRX)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Metalrax Group Charts.
Metalrax Group (LSE:MRX)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Metalrax Group Charts.