TIDMWSM

RNS Number : 4024B

Wellstream Holdings PLC

17 February 2011

 
 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
----------------------------------------------- 
 
 
 1. Identity of the issuer or the        Wellstream Holdings PLC 
  underlying issuer of existing shares 
  to which voting rights are attached: 
--------------------------------------  ------------------------ 
 
 
 2 Reason for the notification (please tick the appropriate box 
  or boxes): 
------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                          u 
-----------------------------------------------------------------  ------ 
 An acquisition or disposal of qualifying financial instruments 
  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 effect to qualifying financial instruments 
-----------------------------------------------------------------  ------ 
 An event changing the breakdown of voting rights 
-----------------------------------------------------------------  ------ 
 Other (please 
  specify): 
-----------------  ----------------------------------------------  ------ 
 
 
 
 3. Full name of person(s) subject     General Electric Austria GMBH 
  to the notification obligation: 
------------------------------------  ------------------------------ 
 4. Full name of shareholder(s) (if 
  different from 3.): 
------------------------------------  ------------------------------ 
 5. Date of the transaction and date   11-14 February 2011 
  on which the threshold is crossed 
  or reached: 
------------------------------------  ------------------------------ 
 6. Date on which issuer notified:     14 February 2011 
------------------------------------  ------------------------------ 
 7. Threshold(s) that is/are crossed   88% and 92% 
  or reached: 
------------------------------------  ------------------------------ 
 
 
 8. Notified details: 
--------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
--------------------------------------------------------------------------------------- 
 Class/type of 
 shares if       Situation 
 possible        previous to the 
 using 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 
--------------  -------  ---------  -----------  ------------------  ------------------ 
                                     Direct       Direct   Indirect   Direct   Indirect 
--------------  -------  ---------  -----------  -------  ---------  -------  --------- 
 Ordinary        0        0          92,979,959                       92.35 
                -------  ---------  -----------  -------  ---------  -------  --------- 
 GB00B1VWM162 
--------------  -------  ---------  -----------  -------  ---------  -------  --------- 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------ 
 Type of financial   Expiration   Exercise/     Number of voting   % of voting 
  instrument          date         Conversion   rights that may     rights 
                                   Period       be acquired if 
                                                the instrument 
                                                is exercised/ 
                                                converted. 
------------------  -----------  ------------  -----------------  ------------ 
 n/a 
------------------  -----------  ------------  -----------------  ------------ 
 
 
 C: Financial Instruments with similar economic effect to Qualifying 
  Financial Instruments 
------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------- 
 Type of      Exercise   Expiration   Exercise/    Number of    % of voting 
 financial     price      date        Conversion   voting        rights 
 instrument                           period       rights 
                                                   instrument 
                                                   refers to 
-----------  ---------  -----------  -----------  -----------  ---------------- 
 n/a                                                            Nominal   Delta 
-----------  ---------  -----------  -----------  -----------  --------  ------ 
 
 
 
 Total (A+B+C) 
------------------------------------------------------ 
 Number of voting rights   Percentage of voting rights 
------------------------  ---------------------------- 
 92,979,959                92.35 
------------------------  ---------------------------- 
 
 
 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: 
------------------------------------ 
 11. Number of voting rights proxy 
  holder will cease to hold: 
------------------------------------ 
 12. Date on which proxy holder will 
  cease to hold voting rights: 
------------------------------------ 
 
 
 13. Additional information: 
-------------------------------  ----------------- 
 14. Contact name:                George Flemma 
-------------------------------  ----------------- 
 15. Contact telephone number:    + 1 203 373 3579 
-------------------------------  ----------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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