RNS Number : 1589G
Kentz Corporation Ltd
26 January 2010
TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):
Kentz Corporation Limited.
2. Reason for the notification (please state 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): ( )
Disclosure for purposes of transparency
3. Full name of person(s) subject to the notification obligation (iii):
BT Pension Scheme Trustees Limited as trustee of the BT Pension Scheme. See Section 9 for further information
4. Full name of shareholder(s) (if different from 3.) (iv):
Hermes Equity Ownership Services Limited
5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):
15 January 2010
6. Date on which issuer notified:
18 January 2010
7. Threshold(s) that is/are crossed or reached:
5%
8. Notified details:
A: Voting rights attached to shares
Class/type of shares if Situation previous to the Triggering transaction (vi)
possible using the ISIN CODE
Number of shares Number of voting Rights (viii)
JE00B28ZGP75 nil nil
Resulting situation after the triggering transaction (vii)
Class/type of shares if Number of shares Number of voting rights (ix) % of voting rights
possible using the ISIN CODE
Direct (x) Indirect (xi) Direct Indirect
JE00B28ZGP75 Nil Nil 6,005,590 0% 5.161%
B: Financial Instruments
Resulting situation after the triggering transaction (xii)
Type of financial instrument Expiration Date Exercise/Conversion Number of voting % of voting rights
(xiii) Period/Date (xiv) rights that may be
acquired if the
instrument is
exercised/
converted.
N/A N/A N/A N/A N/A
Total (A+B)
Number of voting rights % of voting rights
6,005,590 5.161%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
BT Pension Scheme Trustees Limited is the parent under taking of Britel Fund Trustees Limited, which is the parent undertaking of Hermes Pensions Manangement Limited. Hermes Pensions Management Limited is the parent undertaking of:
1. Hermes Investment Management Limited (voting right held in this issuer: 0.00%)
2. Hermes Equity Ownership Services Limited (voting rights held in this issuer: 5.161%)
Please see Section 13 for further information
Proxy Voting:
10. Name of the proxy holder:
See comment in Section 13
11. Number of voting rights proxy holder will cease to hold:
See comment in Section 13
12. Date on which proxy holder will cease to hold voting rights:
See comment in Section 13
13. Additional information:
Hermes Equity Ownership Services Limited hold the voting rights under a standing proxy contained in services agreements for the provision of corporate governance services to various underlying clients.
Hermes Investment Management Limited hold the voting rights under a standing proxy contained in investment management agreements with various underlying clients, which includes all the shares owned directly by BT Pension Scheme.
All voting rights held on behalf of the above entities are aggregated for the purposes of DTR 5.2.1(a). The aggregation is made at the lower threshold of 3% and above because Hermes Equity Ownership Services Limited does not manage investments for the purposes of the investment manager exemption contained in DTR 5.1.5.
This disclosure is made by BT Pension Scheme Trustees Limited, which is the ultimate parent undertaking for the purposes of DTR 5.2.1(e).
14. Contact name:
Margaret Moss / Valerie Davidson
15. Contact telephone number:
020 7680 2125 / 020 7680 2177
This information is provided by RNS
The company news service from the London Stock Exchange
END
HOLQQLFLBFFFBBX
