Holding(s) in Company (8157B)
February 24 2011 - 9:06AM
UK Regulatory
TIDMDRV TIDMBKWB
RNS Number : 8157B
Driver Group plc
24 February 2011
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
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1. Identity of the issuer or the DRIVER GROUP PLC
underlying issuer of existing shares to
which voting rights are attached: (ii)
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2 Reason for the notification (please tick the appropriate box or boxes):
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An acquisition or disposal of voting rights X
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An acquisition or disposal of qualifying financial instruments
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
effect to qualifying financial instruments
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An event changing the breakdown of voting rights
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Other (please
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 date 24 FEBRUARY 2011
on
which the threshold is crossed or
reached: (v)
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6. Date on which issuer notified: 24 FEBRUARY 2011
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7. Threshold(s) that is/are crossed >4%
or
reached: (vi, vii)
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8. Notified details:
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A: Voting rights attached to shares
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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 rights
Shares Rights of shares rights (x)
------------- ------------- ------------------ ------------ ----------------------- -----------------------------
Direct Indirect
Direct (xi) (xii) Direct Indirect
------------- --- ------ ------ ----- --- ------------ ------------ --------- ------------- --------------
ORD SHARES
GB00B0L9C092 0 0 1,139,510 1,139,510 4.32%
------------- ------------------ ------------ ------------ --------- ------------- --------------
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 l
-------------------- -------------- ----------------------------- --------------------------- --------------------
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
------------------------------------------------------------ --------------------------------------------------------
1,139,510 4.32%
------------------------------------------------------------ --------------------------------------------------------
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
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14. Contact name: Russell Scott
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15. Contact telephone number: 020 7490 4355
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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