Holding(s) in Company (2967X)

TIDMCRE
RNS Number : 2967X
Creston PLC
13 February 2012
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
----------------------------------------------- 
 
 
 1. Identity of the issuer or the 
  underlying issuer of existing shares    Creston Plc 
  to which voting rights are attached: 
--------------------------------------  ------------- 
 
 
 2 Reason for the notification (please tick the appropriate box 
  or boxes): 
-------------------------------------------------------------------------- 
 
  An acquisition or disposal of voting rights                          X 
------------------------------------------------------------------  ------ 
 
  An acquisition or disposal of qualifying financial instruments 
  which may result in the acquisition of shares already 
  issued to which voting rights are attached 
------------------------------------------------------------------  ------ 
 
  An acquisition or disposal of instruments with similar 
  economic effect to qualifying financial instruments 
------------------------------------------------------------------  ------ 
 
  An event changing the breakdown of voting rights 
------------------------------------------------------------------  ------ 
 
  Other (please 
  specify): 
------------------  ----------------------------------------------  ------ 
 
 
 
 3. Full name of person(s) subject      Hermes Equity Ownership Services 
  to the notification obligation:        Limited 
-------------------------------------  --------------------------------- 
 4. Full name of shareholder(s) (if     Shares are held by the relevant 
  different from 3.):                    custodian(s) 
-------------------------------------  --------------------------------- 
 5. Date of the transaction and date    09 February 2012 
  on which the threshold is crossed 
  or reached: 
-------------------------------------  --------------------------------- 
 6. Date on which issuer notified:      10 February 2012 
-------------------------------------  --------------------------------- 
 7. Threshold(s) that is/are crossed 
  or reached:                           9% 
-------------------------------------  --------------------------------- 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares 
------------------------------------------------------------------------------------------------ 
 Class/type        Situation previous     Resulting situation after the triggering 
  of                to the triggering      transaction 
  shares            transaction 
 
  if possible 
  using 
  the ISIN CODE 
----------------  ---------------------  ------------------------------------------------------- 
                   Number       Number    Number       Number of voting     % of voting rights 
                    of           of        of shares    rights 
                    Shares       Voting 
                                 Rights 
----------------  -----------  --------  -----------  -------------------  --------------------- 
                                          Direct       Direct   Indirect    Direct     Indirect 
----------------  -----------  --------  -----------  -------  ----------  ---------  ---------- 
 
  GB000444028      5,335,552    8.69870                         5,565,552              9.07368% 
                  -----------  --------  -----------  -------  ----------  ---------  ---------- 
 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------ 
 Type of financial   Expiration   Exercise/     Number of voting         % of voting 
  instrument          date         Conversion    rights that              rights 
                                   Period        may be 
                                                 acquired if 
                                                 the 
                                                 instrument is 
                                                 exercised/ converted. 
------------------  -----------  ------------  -----------------------  ------------ 
 
 
 
 C: Financial Instruments with similar economic effect to Qualifying 
  Financial Instruments 
----------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------- 
 Type of financial   Exercise   Expiration   Exercise/     Number of voting     % of voting 
  instrument          price      date         Conversion    rights instrument    rights 
                                              period        refers to 
------------------  ---------  -----------  ------------  -------------------  ---------------- 
                                                                                Nominal   Delta 
------------------  ---------  -----------  ------------  -------------------  --------  ------ 
 
 
 
 Total (A+B+C) 
------------------------------------------------------ 
 Number of voting rights   Percentage of voting rights 
------------------------  ---------------------------- 
 5,565,552                 9.07368% 
------------------------  ---------------------------- 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: 
--------------------------------------------------------------------------------- 
 
  BT Pension Scheme Trustees Limited, as trustee of the BT Pension Scheme 
  ("BTPS") controls Britel Fund Trustees Limited, which is the parent undertaking 
  of Hermes Fund Managers Limited ("HFML"). HFML is the parent undertaking 
  of Hermes Equity Ownership Services Limited ("HEOS") (voting rights: 
  9.07368%)* 
 
 
  * This notification is being made in respect of HEOS, which is an indirect 
  holder of shares for the purpose of DTR5.2.1 (h) as a result of control 
  of voting rights in relation to such shares. 
--------------------------------------------------------------------------------- 
 
 
 Proxy Voting: 
--------------------------------------------------------------- 
 10. Name of the proxy holder:         See Comment in Section 9 
------------------------------------  ------------------------- 
 11. Number of voting rights proxy     See Comment in Section 9 
  holder will cease to hold: 
------------------------------------  ------------------------- 
 12. Date on which proxy holder will   See Comment in Section 9 
  cease to hold voting rights: 
------------------------------------  ------------------------- 
 
 
 13. Additional information: 
-------------------------------  -------------- 
 14. Contact name:                James Sherry 
-------------------------------  -------------- 
 15. Contact telephone number:    020 7702 6110 
-------------------------------  --------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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