Rurelec PLC

Press Releases 2010

Holding(s) in Company

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 :

.................

www.rurelec.com

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