RNS Number : 4221L
Volex PLC
03 July 2014
 



 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi



1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached: ii

Volex 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


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 to the
notification obligation: iii

Ruffer LLP (for its discretionary clients)

4. Full name of shareholder(s)
 (if different from 3.):iv


5. Date of the transaction and date on
which the threshold is crossed or
reached: v

2 July 2014

6. Date on which issuer notified:

3 July 2014

7. Threshold(s) that is/are crossed or
reached: vi, vii

7% to 10%


 

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of
shares


if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

 

 

 

GB0009390070

   6,614,772

    

 

 6,614,772

 

 

 

   9,079,266

 

 

9,079,266

 

-

10%

-



B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date xiii

Exercise/
Conversion Period xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights







C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date xvii

Exercise/
Conversion period xviii

Number of voting rights instrument refers to

 

% of voting rights xix, xx

 





 

 

Nominal

Delta




Total (A+B+C)

Number of voting rights

Percentage of voting rights

9,079,266

10%


 

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:

10. Name of the proxy holder:

N/A

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:


Ruffer LLP now controls the voting rights over 9,079,266 shares (10% of the voting rights) of Volex Plc which are held by Ruffer LLP's discretionary clients.

 

Ruffer purchased 2,149,070 new shares in the recent placing which were admitted to the market on 2 July 2014. In addition to this Ruffer also purchased, on 2 July 2014 a further 315,424 of Volex Plc's existing shares.

 

These transactions had the effect of increasing Ruffer's percentage holding from 7% to 10%

 

14. Contact name:

Louise Stanway

15. Contact telephone number:

020 7963 8146

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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