Holding(s) in Company (1586D)
March 17 2011 - 10:47AM
UK Regulatory
TIDMMRX TIDMBKWD
RNS Number : 1586D
Metalrax Group PLC
17 March 2011
TR-1: NOTIFICATION OF MAJOR INTEREST IN
SHARES(i)
------------------------------------------------
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1. Identity of the issuer or the Metalrax Group plc
underlying issuer of existing shares to
which voting rights are attached: (ii)
------------------------------------------ ----------------------------------
2 Reason for the notification (please tick the appropriate box or boxes):
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An acquisition or disposal of voting rights Yes
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An acquisition or disposal of qualifying financial instruments No
which may result in the acquisition of shares already issued to
which voting rights are attached
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An acquisition or disposal of instruments with similar economic No
effect to qualifying financial instruments
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An event changing the breakdown of voting rights No
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Other (please No
specify):
-------------- ----------------------------------------------------- -------
3. Full name of person(s) subject Brookwell Limited
to the
notification obligation: (iii)
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4. Full name of shareholder(s) Nortrust Nominees Limited
(if different from 3.):(iv)
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5. Date of the transaction and 17 March 2011
date on which the threshold is
crossed or reached: (v)
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6. Date on which issuer notified: 17 March 2011
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7. Threshold(s) that is/are >5%
crossed or reached: (vi, vii)
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8. Notified details:
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A: Voting rights attached to shares (viii, ix)
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Class/type
of shares if
possible Situation previous
using the to the triggering Resulting situation after the triggering
ISIN CODE transaction transaction
------------- ------------------------------------- ---------------------------------------------------------------
Number
Number of
of Voting Number Number of voting % of voting
Shares Rights of shares rights rights (x)
------------- -------------------- --------------- -------------- ----------------------- ----------------------
Direct Indirect
Direct (xi) (xii) Direct Indirect
------------- ---- ----- ----- --- --- ----- -------------- ---------- ----------- ----------- ---------
Ord Shares 5,585,040 5,585,040 6,835,040 6,835,040 5.70%
-------------------- --------------- -------------- ---------- ----------- ----------- ---------
GB0005838247
------------- ---- ----- ----- --- --- ----- ------ ---- ---------- ------ --- ---- ---------
B: Qualifying Financial Instruments
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Resulting situation after the triggering transaction
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Number of voting
rights that may
be
Exercise/ acquired if the
Type of financial Expiration Conversion Period instrument is % of voting
instrument date (xiii) (xiv) exercised/ converted. rights
--------------------- ----------------- ------------------------ ----------------------------- ------------------
N/A
--------------------- ----------------- ------------------------ ----------------------------- ------------------
C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments (xv, xvi)
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Resulting situation after the triggering transaction
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Exercise/
Type of Conversion Number of voting
financial Exercise Expiration period rights instrument % of voting rights
instrument price date (xvii) (xviii) refers to (xix, xx)
--------------- ----------- --------------- ------------- -------------------------- ---------------------------
N/A Nominal Delta
--------------- ----------- --------------- ------------- -------------------------- ------------- ------------
Total (A+B+C)
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Number of voting rights Percentage of voting rights
------------------------------------------------------------ -------------------------------------------------------
6,835,040 5.70%
------------------------------------------------------------ -------------------------------------------------------
9. Chain of controlled undertakings through which the voting rights and/or
the
financial instruments are effectively held, if applicable: (xxi)
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N/a
Proxy Voting:
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10. Name of the proxy holder: N/a
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11. Number of voting rights proxy holder will
cease
to hold: N/a
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12. Date on which proxy holder will cease to
hold
voting rights: N/a
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Progressive AIM Realisation Limited
is Investment Manager to Brookwell
13. Additional information: Limited
-------------------------------------- --------------------------------------
14. Contact name: Anthony Lee
-------------------------------------- --------------------------------------
15. Contact telephone number: 0207 490 4355
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This information is provided by RNS
The company news service from the London Stock Exchange
END
HOLBSGDXXSBBGBR
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