TIDMAVON TIDMSDR

RNS Number : 0398X

Avon Rubber PLC

30 November 2010

 
 For filings with the FSA include the 
  annex 
 For filings with issuer exclude the 
  annex 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
--------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying 
  issuer 
  of existing shares to which voting rights 
  are 
  attached:                                               Avon Rubber plc 
-------------------------------------------------------  ------------------ 
 2 Reason for the notification (please tick the appropriate box or boxes): 
--------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                     Yes 
--------------------------------------------------------  ----------------- 
 An acquisition or disposal of qualifying financial 
 instruments which may result in the acquisition of 
 shares already issued to which voting rights are 
 attached                                                         No 
--------------------------------------------------------  ----------------- 
 An acquisition or disposal of instruments with similar 
 economic effect to qualifying financial instruments              No 
--------------------------------------------------------  ----------------- 
 An event changing the breakdown of voting rights                 No 
--------------------------------------------------------  ----------------- 
 Other (please 
  specify):                                                       No 
-------------------------------------------------------   ----------------- 
 3. Full name of person(s) subject 
  to the 
  notification obligation:                                Schroders plc 
-------------------------------------------------------  ------------------ 
 4. Full name of shareholder(s) 
 (if different from 3.): 
-------------------------------------------------------  ------------------ 
 5. Date of the transaction and date 
  on 
  which the threshold is crossed or 
  reached:                                                26 November 2010 
-------------------------------------------------------  ------------------ 
 6. Date on which issuer notified:                        29 November 2010 
-------------------------------------------------------  ------------------ 
 7. Threshold(s) that is/are crossed 
  or 
  reached:                                                12% - 13% 
-------------------------------------------------------  ------------------ 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
---------------------------------------------------------------------------------------------------------------- 
 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 
                 Shares           Rights           of shares      rights                % of voting rights 
-------------  ---------------  ---------------  -------------  ---------------------  ------------------------- 
                                                  Direct         Direct     Indirect    Direct        Indirect 
-------------      -----------    -----------    -------------  ---------  ----------  ------------  ----------- 
 GB0000667013   3,910,000        3,910,000        4,060,000      N/A        4,060,000   N/A           13.215% 
               ---------------  ---------------  -------------  ---------  ----------  ------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------- 
                                                                   Number of voting 
                                                                    rights that may 
                                                                    be 
 Type of                                                            acquired if the 
 financial          Expiration     Exercise/                        instrument is           % of voting 
 instrument          date           Conversion Period               exercised/ converted.    rights 
-----------------  -------------  ------------------------------  -----------------------  --------------------- 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments 
---------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------- 
 Type of                                        Exercise/        Number of voting 
 financial        Exercise       Expiration     Conversion        rights instrument 
 instrument        price         date           period            refers to               % of voting rights 
---------------  -------------  -------------  ---------------  -----------------------  ----------------------- 
                                                                                          Nominal       Delta 
---------------  -------------  -------------  ---------------  -----------------------  ------------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                            Percentage of voting rights 
-------------------------------------------------  ------------------------------------------------------------- 
 4,060,000                                          13.215% 
-------------------------------------------------  ------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: 
---------------------------------------------------------------------------- 
 Schroders Investment Management Limited 4,060,000 13.215% 
 
 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: 
-------------------------------------  ------------------------------------- 
 
                                        The shares referred to in section 9 
                                        are held in portfolios managed by 
                                        those firms on a discretionary basis 
                                        for clients under investment 
 13. Additional information:            management agreements. 
-------------------------------------  ------------------------------------- 
                                        Taryn O'Donoghue 
 14. Contact name:                      taryn.o'donoghue@schroders.com 
-------------------------------------  ------------------------------------- 
 15. Contact telephone number:          020 7658 6000 
-------------------------------------  ------------------------------------- 
 
 
 
 Note: Annex should only be submitted to the FSA not the issuer 
 Annex: Notification of major interests in share 
 
 A: Identity of the persons or legal entity subject to the notification 
  obligation 
------------------------------------------------------------------------------ 
 Full name (including legal form of 
 legal entities)                          Avon Rubber plc 
---------------------------------------  ------------------------------------- 
 Contact address                          Hampton Park West, Semington Road, 
 (registered office for legal entities)    Melksham, Wiltshire SN12 6NB 
---------------------------------------  ------------------------------------- 
 Phone number & email                     01225 896850 
---------------------------------------  ------------------------------------- 
 Other useful information                 M Ingrey-Counter, Company Secretary 
 (at least legal representative for 
  legal persons) 
---------------------------------------  ------------------------------------- 
 
 B: Identity of the notifier, if applicable 
------------------------------------------------------------------------------ 
 Full name                                Schroders plc/Schroders Investment 
                                           Management Ltd 
---------------------------------------  ------------------------------------- 
 Contact address                          31 Gresham Street, London EC2V 7QA 
---------------------------------------  ------------------------------------- 
 Phone number & email                     020 7658 6000 
                                          taryn.o'donoghue@schroders.com 
---------------------------------------  ------------------------------------- 
 Other useful information                 Taryn O'Donoghue, Compliance 
  (e.g. functional relationship with 
  the person or legal entity subject 
  to the notification obligation) 
---------------------------------------  ------------------------------------- 
 
 C: Additional information 
------------------------------------------------------------------------------ 
 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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