RNS Number:7679M
Metalrax Group PLC
29 January 2008

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:

    Metalrax Group PLC


2.  Reason for the notification (please state Yes/No):

    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: No

    An event changing the breakdown of voting rights: No

    Other (please specify): No


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

    Arlington Capital Investors Limited


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

    European Renaissance Fund Limited


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

    24 January 2008


6.  Date on which issuer notified:

    28 January 2008


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

    Above 7%


8.  Notified details:

A:  Voting rights attached to shares

Class/type of shares if possible using    Situation previous to the triggering
the ISIN CODE                             transaction
                                          Number of       Number of Voting
                                          Shares          Rights
Ordinary Shares                           7,463,000       7,463,000
GB0005838247

Resulting situation after the triggering transaction

Class/type of shares if       Number of   Number of Voting      % of Voting
possible using the ISIN CODE  Shares      Rights                Rights

                                          Direct      Indirect  Direct  Indirect

Ordinary Shares               8,405,300   8,405,300   Nil       7.01    Nil
GB0005838247


B:  Financial Instruments

Resulting situation after the triggering transaction

Type of      Expiration Exercise/     Number of Voting Rights that may    % of
financial    Date       Conversion    be acquired if the instrument is    Voting
instrument              Period/ Date  exercised/ converted.               Rights

N/A          N/A        N/A           N/A                                 N/A


Total (A+B)

Number of Voting Rights               % of Voting Rights

8,405,300                             7.01



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 Investors
    Limited as investment manager


Proxy Voting:


10. Name of the proxy holder:

    Arlington Capital Investors Limited


11. Number of voting rights proxy holder will cease to hold:

    8,405,300


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

    N/A


13. Additional information:

    None


14. Contact name:

    Darren Farrimond, Company Secretary, Metalrax Group PLC


15. Contact telephone number:

    0121 433 3444














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

END
HOLBBGDBUUDGGIC
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.