Holding(s) in Company
March 02 2009 - 9:04AM
UK Regulatory
TIDMTLR
RNS Number : 1413O
Local Radio Company PLC (The)
02 March 2009
TR-1:notification of major interests in shares
+------------------------------------------------+-----------+-----------+-----------+
| 1. Identity of the issuer or the underlying | The Local Radio Company Plc |
| 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 | X |
+------------------------------------------------------------+-----------------------+
| An acquisition or disposal of financial instruments which | |
| may result in the acquisition of shares already issued to | |
| which voting rights are attached | |
+------------------------------------------------------------+-----------------------+
| An event changing the breakdown of voting rights | |
+------------------------------------------------------------+-----------------------+
| Other (please | |
| specify):___________________________________________ | |
+------------------------------------------------------------+-----------------------+
| 3. Full name of person(s) subject to the | Herald Investment Management |
| notification obligation: | Limited |
+------------------------------------------------+-----------------------------------+
| 4. Full name of shareholder(s) (if different | (1) Bank of New York (OCS) |
| from 3.): | Nominees Ltd on behalf of Herald |
| | Investment Trust Plc |
+------------------------------------------------+-----------------------------------+
| 5. Date of the transaction (and date on which | 26th February 2009 |
| the threshold is crossed or reached if | |
| different): | |
+------------------------------------------------+-----------------------------------+
| 6. Date on which issuer notified: | 2nd March 2009 |
+------------------------------------------------+-----------------------------------+
| 7. Threshold(s) that is/are crossed or | 5% |
| reached: | |
+------------------------------------------------+-----------------------------------+
| 8. Notified details: | |
+------------------------------------------------+-----------+-----------+-----------+
+---------------+--------------+------------+--------------------+----------+------------+------------+----------+
| A: Voting rights attached to shares |
+----------------------------------------------------------------------------------------------------------------+
| Class/type | Situation previous | Resulting situation after the triggering |
| of shares | to the Triggering | transaction |
| if possible | transaction | |
| using the | | |
| ISIN CODE | | |
+ +---------------------------+--------------------------------------------------------------------+
| | Number of | Number | Number | Number of voting | % of voting rights |
| | Shares | of | of | rights ix | |
| | | Voting | shares | | |
| | | Rights | | | |
| | | viii | | | |
+ + + +--------------------+-----------------------+-----------------------+
| | | | Indirect | Direct | Indirect | Direct | Indirect |
| | | | | x | xi | | |
+---------------+--------------+------------+--------------------+----------+------------+------------+----------+
| GB00B0108C60 | 4,394,.024 | 4,969,231 | 1,952,516 (2.71%) | | 1,952,518 | | 2.71% |
| | (6.10%) | | | | | | |
+---------------+--------------+------------+--------------------+----------+------------+------------+----------+
+----------------+------------+-------------------+--------------------+------------+
| B: Financial Instruments |
+-----------------------------------------------------------------------------------+
| Resulting situation after the triggering transaction xii |
+-----------------------------------------------------------------------------------+
| Type of | Expiration | Exercise/ | Number of voting | % of |
| financial | date xiii | Conversion | rights that may be | voting |
| instrument | | Period/ Date xiv | acquired if the | rights |
| | | | instrument is | |
| | | | exercised/ | |
| | | | converted. | |
+----------------+------------+-------------------+--------------------+------------+
| None | | | | Nil |
+----------------+------------+-------------------+--------------------+------------+
+--------------------------------------+----------------------------------------+
| Total (A+B) |
+-------------------------------------------------------------------------------+
| Number of voting rights | % of voting rights |
+--------------------------------------+----------------------------------------+
| 1,952,518 | 2.71% |
+--------------------------------------+----------------------------------------+
+-----------------------------------------------------------------------------+
| 9. Chain of controlled undertakings through which the voting rights and/or |
| the financial instruments are effectively held, if applicable xv: |
+-----------------------------------------------------------------------------+
| Herald Investment Management Limited, a discretionary investment manager, |
| is the parent undertaking of an investment management business. |
| |
+-----------------------------------------------------------------------------+
+-------------------------------------------------+----------------------------+
| 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: | |
+---------------------------------+--------------------------------------------+
| 14. Contact name: | Andrew Miller |
+---------------------------------+--------------------------------------------+
| 15. Contact telephone number: | 020 7553 6308 |
+---------------------------------+--------------------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
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