21 December 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):
Gartmore Investment Limited
4. Full name of shareholder(s)
Gartmore Fund Managers Limited - HSBC GLOBAL CUSTODY NOMINEE UK LTD
Gartmore Investment Limited - NORTRUST NOMINEES LIMITED
5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):
10/12/2010
6. Date on which issuer notified:
13/12/2010
7. Threshold(s) that is/are crossed or reached:
Below 5%
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 GBP 0.02 |
13,957,749 |
13,957,749 |
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 GBP 0.02 |
10,746,913 |
- |
10,746,913 |
- |
4.870% |
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 |
10,746,913 |
4.870% |
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:
All figures are based on the Company's issued share capital of 220,671,505 as provided by Exshare.
14. Contact name:
RDU
15. Contact telephone number:
0207 782 2224
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):
Contact address (registered office for legal entities):
Phone number:
Other useful information (at least legal representative for legal persons):
B: Identity of the notifier, if applicable (xvii)
Full name:
Gartmore Investment Limited
Contact address:
Gartmore House, 8 Fenchurch Place, London EC3M 4PB
Phone number:
020 7782 2324
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation):
Asset Manager
C: Additional information :
.................