TIDMMRX

RNS Number : 8723Y

Metalrax Group PLC

04 January 2011

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:

James Anthony Leek

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

As above

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

31 December 2010

6. Date on which issuer notified:

31 December 2010

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 
 Ordinary Shares 
  GB0005838247                6,040,500              6,040,500

Resulting situation after the triggering transaction

 
Class/type of 
shares if 
possible using                       Number of Voting 
the ISIN CODE      Number of Shares   Rights              % of Voting Rights 
                                     Direct     Indirect  Direct    Indirect 
Ordinary Shares 
 GB0005838247      5,990,500         5,990,500  Nil       4.99      Nil

B: Financial Instruments

Resulting situation after the triggering transaction

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

Total (A+B)

 
 Number of Voting Rights   % of Voting Rights 
 5,990,500                 4.99%

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:

Nick Longley, Company Secretary, Metalrax Group PLC

15. Contact telephone number:

0845 030 3300

This information is provided by RNS

The company news service from the London Stock Exchange

END

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