TIDMMRX

RNS Number : 1592D

Metalrax Group PLC

17 March 2011

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------ 
 
 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): 
------------------------------------------------------------------------------ 
 An acquisition or disposal of voting rights                             Yes 
---------------------------------------------------------------------  ------- 
 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 
---------------------------------------------------------------------  ------- 
 An acquisition or disposal of instruments with similar economic          No 
  effect to qualifying financial instruments 
---------------------------------------------------------------------  ------- 
 An event changing the breakdown of voting rights                         No 
---------------------------------------------------------------------  ------- 
 Other (please                                                            No 
  specify): 
--------------  -----------------------------------------------------  ------- 
 3. Full name of person(s) subject              James Anthony Leek 
  to the 
  notification obligation: (iii) 
----------------------------------  ------------------------------------------ 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
----------------------------------  ------------------------------------------ 
 5. Date of the transaction and                    17 March 2011 
 date on which the threshold is 
 crossed or reached: (v) 
----------------------------------  ------------------------------------------ 
 6. Date on which issuer notified:                 17 March 2011 
----------------------------------  ------------------------------------------ 
 7. Threshold(s) that is/are                            <4% 
 crossed or reached: (vi, vii) 
----------------------------------  ------------------------------------------ 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------- 
 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     4,890,500             4,890,500        4,140,500     4,140,500                3.45% 
               --------------------  ---------------  ------------  ----------  -----------  -----------  --------- 
 GB0005838247 
-------------    ----  -----  -----  ---  ---  -----  ------  ----  ----------  -----  ----    -----      --------- 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------- 
                                                                     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) 
------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------- 
                                                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) 
------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                       Percentage of voting rights 
------------------------------------------------------------  ----------------------------------------------------- 
                          4,140,500                                                   3.45% 
------------------------------------------------------------  ----------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
------------------------------------------------------------------------------ 
 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:                                James Anthony Leek 
--------------------------------------  -------------------------------------- 
 15. Contact telephone number:                       0208 944 5667 
--------------------------------------  -------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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