TIDMCOST

RNS Number : 8451F

Costain Group PLC

03 May 2011

 
 For filings with the FSA include the 
  annex 
 For filings with issuer exclude the 
  annex 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
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 1. Identity of the issuer or the 
 underlying issuer of existing shares to 
 which voting rights are attached: (ii)              Costain Group Plc 
------------------------------------------  ---------------------------------- 
 2 Reason for the notification (please tick the appropriate box or boxes): 
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 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 
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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 
  to the 
  notification obligation: (iii)         Henderson Global Investors Limited 
------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv)                       See section 9 
------------------------------------  ---------------------------------------- 
 5. Date of the transaction and date 
  on 
  which the threshold is crossed or 
  reached: (v)                                      27 April 2011 
------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified:                   03 May 2011 
------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                     9% 
------------------------------------  ---------------------------------------- 
 
 
 
 8. Notified details: 
--------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
--------------------------------------------------------------------------------------------------------------------- 
 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                  Number 
                 of              Voting              of         Number of voting        % of voting rights 
                 Shares          Rights              shares      rights                  (x) 
-------------  --------------  -------------------  ---------  ----------------------  ------------------------------ 
                                                                Direct      Indirect 
                                                     Direct      (xi)        (xii)      Direct         Indirect 
-------------    ---  -------  ------  -----  ----  ---------  ----------  ----------  -------------  --------------- 
 ORD GBP0.50      4,270,552         4,270,552                               4,246,352                      6.65% 
               --------------  -------------------  ---------  ----------  ----------  -------------  --------------- 
 GB00B64NSP76 
-------------    ---  -------  ------  -----  ----  -------        ------  ----------          -----     ------------ 
 
 B: Qualifying Financial Instruments 
--------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
--------------------------------------------------------------------------------------------------------------------- 
                                                                    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 
--------------------  ---------------  --------------------------  --------------------------  ---------------------- 
 
 
 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) 
---------------  ------------  -------------  ---------------  --------------------------  -------------------------- 
      CFD                                                               2,116,516           Nominal       Delta 
---------------  ------------  -------------  ---------------  --------------------------  ------------  ------------ 
                                                                                               3.31% 
-------------    ---  -------  ------  -----  ----  -------        ------  ----------      ------------  ------------ 
 
 Total (A+B+C) 
--------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                      Percentage of voting rights 
-----------------------------------------------------------  -------------------------------------------------------- 
                         6,362,868                                                     9.96% 
-----------------------------------------------------------  -------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights 
  and/or the 
  financial instruments are effectively held, if applicable: (xxi) 
--------------------------------------------------------------------------- 
 The Henderson Smaller Companies Investment Trust and Henderson Global 
  Investors Limited 
 
 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: 
-----------------------------------------------  -------------------------- 
 
 13. Additional information: 
------------------------------------  ------------------------------------- 
 14. Contact name:                                 Wayne Powell 
------------------------------------  ------------------------------------- 
 15. Contact telephone number:                    020 7818 5611 
------------------------------------  ------------------------------------- 
 
 
 
 Note: Annex should only be submitted to the FSA not the issuer 
 Annex: Notification of major interests in share(xxii) 
 
 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) 
----------------------------------------------------------------------- 
 
 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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