TIDMOPE TIDMPRU

RNS Number : 5394Y

Optare PLC

01 March 2012

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------------ 
 
 1. Identity of the issuer or the underlying                 Optare Plc 
  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                                    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             Prudential plc group of companies 
  to the 
  notification obligation: (iii) 
----------------------------------------  ------------------------------------------ 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
----------------------------------------  ------------------------------------------ 
 5. Date of the transaction and date                   28 February 2012 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
----------------------------------------  ------------------------------------------ 
 6. Date on which issuer notified:                     29 February 2012 
----------------------------------------  ------------------------------------------ 
 7. Threshold(s) that is/are crossed                       Below 5% 
  or 
  reached: (vi, vii) 
----------------------------------------  ------------------------------------------ 
 
 
 
 8. Notified details: 
--------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
--------------------------------------------------------------------------------------------------------------------- 
 Class/type      Situation previous                    Resulting situation after the triggering 
  of              to the triggering                     transaction 
  shares          transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
--------------  ------------------------------------  --------------------------------------------------------------- 
                 Number            Number              Number          Number of voting        % of voting rights 
                  of                of                  of shares       rights                  (x) 
                  Shares            Voting 
                                    Rights 
--------------  ----------------  ------------------  --------------  ----------------------  ----------------------- 
                                                       Direct          Direct       Indirect   Direct      Indirect 
                                                                       (xi)          (xii) 
--------------      ---  -------  ------  -----  ---  --------------  -----------  ---------  ----------  ----------- 
                                                                                                 Below 
 GB00B2PGSY66      112,821,824        112,821,824        Below 5%       Below 5%                   5% 
--------------  ----------------  ------------------  --------------  -----------  ---------  ----------  ----------- 
 
 
 B: Qualifying Financial Instruments 
--------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
--------------------------------------------------------------------------------------------------------------------- 
 Type of financial        Expiration       Exercise/                       Number of voting          % of voting 
  instrument               date (xiii)      Conversion Period               rights that may           rights 
                                            (xiv)                           be 
                                                                            acquired if the 
                                                                            instrument is 
                                                                            exercised/ converted. 
-----------------------  ---------------  ------------------------------  ------------------------  ----------------- 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments (xv, xvi) 
--------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
--------------------------------------------------------------------------------------------------------------------- 
 Type of financial   Exercise      Expiration     Exercise/        Number of voting            % of voting rights 
  instrument          price         date (xvii)    Conversion       rights instrument           (xix, xx) 
                                                   period           refers to 
                                                   (xviii) 
------------------  ------------  -------------  ---------------  --------------------------  ----------------------- 
                                                                                               Nominal     Delta 
------------------  ------------  -------------  ---------------  --------------------------  ----------  ----------- 
 
 
 Total (A+B+C) 
--------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                           Percentage of voting rights 
----------------------------------------------------------------  --------------------------------------------------- 
 Below 5%                                                          Below 5% 
----------------------------------------------------------------  --------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
-------------------------------------------------------------------------------------- 
 
 
 Proxy Voting: 
-------------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                       N/A 
-----------------------------------------------------  ------------------------------- 
 11. Number of voting rights proxy holder will                       N/A 
  cease 
  to hold: 
-----------------------------------------------------  ------------------------------- 
 12. Date on which proxy holder will cease to                        N/A 
  hold 
  voting rights: 
-----------------------------------------------------  ------------------------------- 
 
 
  13. Additional information: 
                                            We no longer have a notifiable interest. 
----------------------------------------  -------------------------------------------- 
 14. Contact name:                         James Todd / Mark Thomas 
                                            M&G Investment Management Limited 
----------------------------------------  -------------------------------------------- 
 15. Contact telephone number:             020 7548 2293 / 020 7548 3266 
----------------------------------------  -------------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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