TIDMOPE TIDMLGEN

RNS Number : 5790A

Optare PLC

02 April 2012

Financial Services Authority

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
--------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                    Optare 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                                      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. 
------------------------------------------------------------------------------  ------- 
 
  An acquisition or disposal of instruments with similar economic 
  effect to qualifying financial instruments 
------------------------------------------------------------------------------  ------- 
 An event changing the breakdown of voting rights                                 Yes 
------------------------------------------------------------------------------  ------- 
 
  Other (please 
  specify): 
-------------------  ---------------------------------------------------------  ------- 
 3. Full name of person(s) subject               Legal & General Group Plc (Group) 
  to the 
  notification obligation:                      Legal & General Investment Management 
                                                           Limited (LGIM) 
------------------------------------------  ------------------------------------------- 
 4. Full name of shareholder(s)                   Legal & General Group Plc (L&G) 
  (if different from 3.): 
                                                Legal & General (Unit Trust Managers) 
                                                            Limited (UTM) 
------------------------------------------  ------------------------------------------- 
 5. Date of the transaction and date                       29 March 2012 
  on 
  which the threshold is crossed 
  or 
  reached: 
------------------------------------------  ------------------------------------------- 
 6. Date on which issuer notified:                         30 March 2012 
------------------------------------------  ------------------------------------------- 
 7. Threshold(s) that is/are crossed                      Group (Below 5%) 
  or                                                       LGIM (Below 5%) 
  reached: 
------------------------------------------  ------------------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
---------------------------------------------------------------------------------------------------------------------------- 
 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 of voting             % of voting 
                       of                  of                                        rights                     rights 
                     Shares              Voting 
                                         Rights 
------------  ------------------  ------------------  ---               -------------------------------  ------------------- 
                                                           Number            Direct         Indirect      Direct   Indirect 
                                                          of shares 
------------  ----  -----  -----  ----  ------  ----  ----------------  ---------------  --------------  -------  ---------- 
                            122,064,423 
 Ordinary 
  1p                     (As on 10/01/2012)               97,406,378       45,729,867       51,676,511    2.05%      2.31% 
------------  --------------------------------------  ----------------  ---------------  --------------  -------  ---------- 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------------- 
                                                                                 Number of voting 
  Type of financial          Expiration           Exercise/                       rights that may          % of voting 
  instrument                 date                 Conversion Period               be                       rights 
                                                                                  acquired if the 
                                                                                  instrument is 
                                                                                  exercised/ converted. 
-------------------------  -------------------  ------------------------------  -----------------------  ------------------- 
         Warrents                  N/A                        N/A                       7,158,045               0.32% 
-------------------------  -------------------  ------------------------------  -----------------------  ------------------- 
 
 C: Financial Instruments with similar economic effect to Qualifying 
  Financial Instruments 
---------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------------- 
 
 Type of financial    Exercise            Expiration        Exercise/     Number of voting            % of voting rights 
 instrument           price               date              Conversion    rights instrument 
                                                            period        refers to 
------------------  ------------------  -----------------  -----------  --------------------------  ------------------------ 
                                                                                                       Nominal       Delta 
------------------  ------------------  -----------------  -----------  --------------------------  ------------  ---------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                                 Percentage of voting rights 
----------------------------------------------------------------------  ---------------------------------------------------- 
                                 LGIM                                                           4.68 
----------------------------------------------------------------------  ---------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: 
---------------------------------------------------------------------------------------------- 
                                               Legal & General Group Plc (Direct and Indirect) 
                                                           (Group) ( Below 5%= Total Position) 
                                              Legal & General Investment Management (Holdings) 
                                                 Limited (LGIMH) (Direct and Indirect) ( Below 
                                                                          5% = Total Position) 
                                                 Legal & General Investment Management Limited 
                                                (Indirect) (LGIM) ( Below 5% = Total Position) 
                                          Legal & General (Unit Trust Managers) Limited (Below 
                                                                                     5% = UTM) 
                        Legal & General Group Plc (Direct) (L&G) ( Below 3% =LGAS, LGPL & PMC) 
               Legal & General Investment           Legal & General Insurance Holdings Limited 
                                          Management (Holdings) Limited        (Direct) (LGIH) 
                                                                       (Direct) (LGIMHD) (PMC) 
        Legal & General Assurance            Legal & General Assurance Society Limited (LGAS & 
                                                    (Pensions Management) Limited        LGPL) 
                                                                                   (PMC) (PMC) 
                                              Legal & General Pensions Limited (Direct) (LGPL) 
 
 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: 
------------------------------------------------------------  -------------------------------- 
 
                                                      Notification using the total voting 
  13. Additional information:                            rights figure of 2,235,291,827 
-----------------------------------------------  --------------------------------------------- 
 14. Contact name:                                              Paul Toon (LGIM) 
-----------------------------------------------  --------------------------------------------- 
 15. Contact telephone number:                                   020 3124 3854 
-----------------------------------------------  --------------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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