TIDMXAR

RNS Number : 8517I

Xaar PLC

21 June 2011

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
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 1. Identity of the issuer or the                        Xaar 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                              X 
---------------------------------------------------------------------  ------- 
 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                BlackRock, Inc. 
  to the 
  notification obligation: (iii) 
----------------------------------  ------------------------------------------ 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
----------------------------------  ------------------------------------------ 
 5. Date of the transaction and                  17(th) June 2011 
 date on which the threshold is 
 crossed or reached: (v) 
----------------------------------  ------------------------------------------ 
 6. Date on which issuer notified:               21(st) June 2011 
----------------------------------  ------------------------------------------ 
 7. Threshold(s) that is/are                Holding has gone above 16% 
 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                  Number 
                 of              Voting              of         Number of voting         % of voting rights 
                 Shares          Rights              shares      rights                   (x) 
-------------  --------------  -------------------  ---------  -----------------------  ----------------------------- 
                                                                Direct       Indirect 
                                                     Direct      (xi)         (xii)      Direct         Indirect 
-------------    ---  -------  ------  -----  ----  ---------  -----------  ----------  -------------  -------------- 
 GB0001570810   7,331,702       7,331,702            N/A        N/A          8,433,527   N/A            11.66% 
-------------  --------------  -------------------  ---------  -----------  ----------  -------------  -------------- 
 
 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 
--------------------  ---------------  ---------------------------  ---------------------------  -------------------- 
 
 
 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) 
---------------  ------------  -------------  ---------------  ---------------------------  ------------------------- 
 CFD                                                            3,522,071                    Nominal       Delta 
---------------  ------------  -------------  ---------------  ---------------------------  ------------  ----------- 
                                                                                             4.87%         4.87% 
-------------    ---  -------  ------  -----  ----  -------    ---  ------  ----------      ------------  ----------- 
 
 Total (A+B+C) 
--------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                      Percentage of voting rights 
-----------------------------------------------------------  -------------------------------------------------------- 
 11,955,598                                                   16.53% 
-----------------------------------------------------------  -------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
------------------------------------------------------------------------------ 
 BlackRock Investment Management (UK) Limited - 11,955,598 (16.53%) 
 
 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: 
-------------------------------------------------  --------------------------- 
 
                                         BlackRock International Threshold 
 13. Additional information:              Reporting Team 
--------------------------------------  -------------------------------------- 
 14. Contact name:                       Andrew Manchester 
--------------------------------------  -------------------------------------- 
 15. Contact telephone number:           020 7743 5773 
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This information is provided by RNS

The company news service from the London Stock Exchange

END

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