Holding(s) in Company (8265B)

TIDMMRX TIDMBKWB
RNS Number : 8265B
Metalrax 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            Metalrax 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) 
----------------------------------  ------------------------------------------ 
 4. Full name of shareholder(s)      Nortrust Nominees Limited 
  (if different from 3.):(iv) 
----------------------------------  ------------------------------------------ 
 5. Date of the transaction and      24 February 2011 
 date 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         >4% 
 crossed or reached: (vi, vii) 
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 8. Notified details: 
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 A: Voting rights attached to shares (viii, ix) 
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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) 
-------------  --------------  -------------  -------------  -----------------------  -------------------------- 
                                                                            Indirect 
                                               Direct         Direct (xi)    (xii)     Direct       Indirect 
-------------    ---  -------  -----  ------  -------------  ------------  ---------  -----------  ------------- 
 ORD SHARES     0               0              5,585,040      5,585,040                4.66% 
               --------------  -------------  -------------  ------------  ---------  -----------  ------------- 
 GB0005838247 
-------------    ---  -------  -----  ------  -----------    ---  -------  ---------    ---  ----     ---------- 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------- 
 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 
--------------------  --------------  --------------------------  -------------------------  ------------------- 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments (xv, xvi) 
---------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------- 
                                               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) 
---------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                    Percentage of voting rights 
---------------------------------------------------------  ----------------------------------------------------- 
 5,585,040                                                  4.66% 
---------------------------------------------------------  ----------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
------------------------------------------------------------------------------ 
 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 
-------------------------------------------------  --------------------------- 
 
                                         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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 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 
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 Full name 
  (including legal form of legal entities) 
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 Contact address 
  (registered office for legal entities) 
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 Phone number & email 
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 Other useful information 
  (at least legal representative for 
  legal persons) 
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 B: Identity of the notifier, if applicable 
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 Full name 
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 Contact address 
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 Phone number & email 
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 Other useful information 
  (e.g. functional relationship with 
  the person or legal entity subject 
  to the notification obligation) 
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 C: Additional information 
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 For notes on how to complete form TR-1 please see the FSA website.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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