Press Releases 2007

Holding(s) in Company

Details

Published: Tuesday, 23 October 2007 16:17

18th October 2007

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

2. Reason for the notification:
An acquisition or disposal of voting rights.

3. Full name of person(s) subject to the notification obligation (iii):
RAB ENERGY FUND LIMITED

4. Full name of shareholder(s)
CREDIT SUISSE CLIENT NOMINEES (UK) LIMITED

5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):
17/10/2007

6. Date on which issuer notified:
18/10/2007

7. Threshold(s) that is/are crossed or reached:
8%

8. Notified details:

A: Voting rights attached to shares

 

Class/type of shares if possible using the ISIN CODE	Situation previous to the Triggering transaction (vi)
	Number of shares	Number of voting Rights (viii)
ORDINARY SHARES

 

Resulting situation after the triggering transaction (vii)

 

Class/type of shares if possible using the ISIN CODE	Number of shares	Number of voting rights (ix)		% of voting rights
	Direct	Direct (x)	Indirect (xi)	Direct	Indirect
GB00B01XPW41	5,425,000	7.40%	6,365,000	< 3%	N/A

 

B: Financial Instruments
Resulting situation after the triggering transaction (xii)

 

Type of financial instrument	Expiration Date (xiii)	Exercise/Conversion Period/ Date (xiv)	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights

 

N/A

Total (A+B)

 

Number of voting rights	% of voting rights
< 3%	< 3%

 

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable :
n/a

Proxy Voting:

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

13. Additional information:
.................

14. Contact name:
Tara O'Hagan

15. Contact telephone number:
+44(0) 20 7102 1832

 

For further information, please contact:

Peter Earl
Managing Director Tel. 020 7793 5610

Paul Shackleton
Daniel Stewart & Company Tel. 020 7776 6578

Simon Robinson
Park Green Communications Tel. 020 7851 7480

 

RAB ENERGY FUND LIMITED