Language
13th March 2008
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 Capital Plc
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):
05/02/2008
6. Date on which issuer notified:
12/03/2008
7. Threshold(s) that is/are crossed or reached:
10%
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) |
|
|
GB00B01XPW41 |
6,365,000 |
6,365,000 |
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 |
8,815,000 |
8,815,000 |
N/A |
12.03% |
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 |
|
8,815,000 |
12.03% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable :
RAB Capital plc does not act as custodian for its clients and therefore the shares are held in the nominee name of the custodian of its clients, which is CREDIT SUISSE CLIENT NOMINEES (UK) LIMITED.
Annex to Notification Of Major Interests In Shares (xvi)
A: Identity of the person or legal entity subject to the notification obligation
Full name (including legal form for legal entities):
Rab Capital
Contact address (registered office for legal entities):
1 Adam Street, London, WC2N 6LE
Phone number:
020 7389 7000
Other useful information (at least legal representative for legal persons):
.................
B: Identity of the notifier, if applicable (xvii)
Full name:
As above
Contact address:
.................
Phone number:
.................
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation):
.................
C: Additional information :
.................
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