12 January 2010
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 right
3. Full name of person(s) subject to the notification obligation (iii):
Legal and General Group Plc (Group)
Legal and General Investment Management Limited (LGIM)
4. Full name of shareholder(s)
Legal & General Group Plc (L&G)
Legal & General Assurance Society Limited (LGAS & LGPL)
Legal & General (Unit Trust Managers) Limited (UTM)
5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):
11/01/2010
6. Date on which issuer notified:
12/01/2010
7. Threshold(s) that is/are crossed or reached:
Group (Above 15%)
LGIM (Above 15%)
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 2p |
28,195,899 (as on 23/09/2009) |
32,495,899 |
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 |
Ordinary 2p |
13,962,278 |
13,962,278 |
18,533,621 |
6.79% |
9.02% |
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 |
None |
None |
None |
None |
N/A |
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction (xx)
Type of financial instrument |
Exercise Price (xv) |
Expiration Date (xvi) |
Number of voting rights instrument refers to |
% of voting rights |
N/A |
N/A |
N/A |
N/A |
N/A |
Total (A+B+C)
Number of voting rights |
% of voting rights |
32,495,899 |
15.81% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable :
Client |
Number of Voting rights |
% Voting rights |
Registration Name |
Legal & General Group Plc (Direct and Indirect) (Group) |
32,495,899 |
15.81% = Total Position |
|
Legal & General Investment Management (Holdings)Limited (LGIMH) (Direct and Indirect) |
32,495,899 |
15.81% = Total Position |
|
Legal & General Investment Management Limited (LGIM) (Indirect)
Legal & General (Unit Trust Managers) Limited |
32,495,899
18,533,621 |
15.81% = Total Position
9.02%=UTM |
|
Legal & General Group Plc (Direct) (L&G) |
13,962,278 |
6.79%=LGAS, LGPL & PMC |
|
Legal & General Insurance Holdings Limited (Direct) (LGIH) |
13,962,278 |
6.79%=LGAS & LGPL |
Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD) (PMC) |
Legal & General Assurance Society Limited (LGAS & LGPL) |
13,962,278 |
6.79%=LGAS & LGPL |
Legal & General Assurance (Pension Management) Limited (PMC) (PMC) |
|
|
|
Legal and General Pensions Limited (Direct) (LGPL) |
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:
Notification using the total voting rights figure of 205,421,505
14. Contact name:
Helen Lewis (LGIM)
15. Contact telephone number:
0203 124 3851