Holding(s) in Company (8157B)

TIDMDRV TIDMBKWB
RNS Number : 8157B
Driver 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            DRIVER GROUP PLC 
 underlying issuer of existing shares to 
 which voting rights are attached: (ii) 
------------------------------------------  ---------------------------------- 
 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 
---------------------------------------------------------------------  ------- 
 An event changing the breakdown of voting rights 
---------------------------------------------------------------------  ------- 
 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 date   24 FEBRUARY 2011 
  on 
  which the threshold is crossed or 
  reached: (v) 
------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified:     24 FEBRUARY 2011 
------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are crossed   >4% 
  or 
  reached: (vi, vii) 
------------------------------------  ---------------------------------------- 
 
 
 
 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         % of voting rights 
                 Shares         Rights              of shares     rights                   (x) 
-------------  -------------  ------------------  ------------  -----------------------  ----------------------------- 
                                                                 Direct        Indirect 
                                                   Direct         (xi)          (xii)     Direct         Indirect 
-------------    ---  ------  ------  -----  ---  ------------  ------------  ---------  -------------  -------------- 
 ORD SHARES 
 GB00B0L9C092   0              0                   1,139,510     1,139,510                4.32% 
               -------------  ------------------  ------------  ------------  ---------  -------------  -------------- 
 
 
 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 
--------------------  --------------  -----------------------------  ---------------------------  -------------------- 
 N/A                                                                                               l 
--------------------  --------------  -----------------------------  ---------------------------  -------------------- 
 
 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 
------------------------------------------------------------  -------------------------------------------------------- 
 1,139,510                                                     4.32% 
------------------------------------------------------------  -------------------------------------------------------- 
 
 
 
 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 
-------------------------------------------------  --------------------------- 
 11. Number of voting rights proxy holder will 
  cease 
  to hold:                                          N/A 
-------------------------------------------------  --------------------------- 
 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 
--------------------------------------  -------------------------------------- 
 14. Contact name:                       Russell Scott 
--------------------------------------  -------------------------------------- 
 15. Contact telephone number:           020 7490 4355 
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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