TT ELECTRONICS PLC - Major Shareholding Notification 2014

National Storage Mechanism | Additional information

RNS Number : 8299X

TT electronics PLC

16 January 2014

TR-1: Notifications of Major Interests in Shares


1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:		TT Electronics PLC
2. Reason for notification (yes/no)
An acquisition or disposal of voting rights			YES
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An event changing the breakdown of voting rights
Other (please specify):______________
3. Full name of person(s) subject to notification obligation:	John Watson Newman
4. Full name of shareholder(s) (if different from 3):
5. Date of transaction (and date on which the threshold is crossed or reached if different):	16th January 2014
6. Date on which issuer notified:	16th January 2014
7. Threshold(s) that is/are crossed or reached:	Less than 3%


8: Notified Details
A: Voting rights attached to shares
Class/type of shares If possible use ISIN code	Situation previous to the triggering transaction		Resulting situation after the triggering transaction
Number of shares	Number of voting rights	Number of shares	Number of voting rights			Percentage of voting rights
Direct		Indirect	Direct	Indirect

	6,356,254	6,356,254	4,556,254	69,573	4,486,681		0.044%	2.828%


B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ conversion period/date	No. of voting rights that may be acquired (if the instrument exercised/converted)	Percentage of voting rights


9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable:
John Watson Newman holds a controlling interest in Newship Industries. John Watson Newman held 69,573shares directly, Newship Industries Limited held 6,286,681 shares. Following the transaction Newship Industries now holds 4,486,681 shares directly. John Watson Newman holds 69,573 shares directly and controls a total of 4,556,254 i.e. 2.872%


Proxy Voting:
10. Name of proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:


13. Additional information:	John Watson Newman makes this notification for himself and also on behalf of Newship Industries Limited and Newship Investments Limited as the parent undertaking.
14 Contact name:
15. Contact telephone name:

For notes on how to complete form TR-1 please see the FSA website.

Name of authorised official of the issuer responsible for making this notification:

Lynton Boardman

Group General Counsel & Company Secretary

TT electronics plc

Date of Notification: 16 January 2014

This information is provided by RNS

The company news service from the London Stock Exchange

END

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