(OPE.L) Optare PLC Buy/Sell

RNS Number : 5724Z Optare PLC 23 September 2009

Financial Services Authority

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Optare Plc
2. Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
Yes

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 to the

notification obligation:
Legal & General Group Plc (Group)

Legal & General (Unit Trust Managers) Limited (UTM)

Legal & General Investment Management Limited (LGIM)

Legal & General Group Plc (L&G)
4. Full name of shareholder(s)

(if different from 3.):
Legal & General Assurance Society Limited (LGAS & LGPL)

5. Date of the transaction and date on which the threshold is crossed or reached:

22 September 2009
6. Date on which issuer notified:
23 September 2009
7. Threshold(s) that is/are crossed or

reached:

Above 5% to Above 10% (Group)

Above 5% to Above 10% (LGIM)

Above 5% (UTM)

Above 3% (L&G) 8. Notified details:

A: Voting rights attached to shares
Class/type of Situation previous Resulting situation after the triggering transaction
shares to the triggering
transaction

if possible using the ISIN CODE
Number Number Number of voting % of voting rights
of of Number rights
Shares Voting of shares
Rights
Direct Indirect Direct Indirect
ORD Below 3% 29,748,333 12,081,430 17,666,903 5.2229 7.6375
L&G

GBP 0.01
5,598,333 5,598,333

Below 5%

B: Qualifying Financial Instruments Resulting situation after the triggering transaction
Number of voting
Type of financial Expiration Exercise/ rights that may be % of voting
instrument date Conversion Period acquired if the rights
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 price Expiration date Exercise/ Number of voting rights instrument refers to % of voting rights
instrument Conversion period
Nominal Delta

Total (A+B+C)
Number of voting rights Percentage of voting rights
29,748,333 12.86

16,594,403 7.17

12,081,430 5.22
(L&G) (L&G)

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: Legal & General Group Plc (Direct and Indirect) (Group) (29,748,333 -12.86% = Total Position) Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) (29,748,333 -12.86% = Total Position) Legal & General Investment Management Limited (Indirect) (LGIM(29,748,333 -12.86% = Total Position) Legal & General (Unit Trust Managers) Limited (16,594,403 - 7.17% = UTM) Legal & General Group Plc (Direct) (L&G) (12,081,430 - 5.22 % = LGAS, LGPL
& PMC)
Legal & General Investment Legal & General Insurance Holdings Limited
Management (Holdings) Limited (Direct) (LGIH) (12,081,430 - 5.22 % =
(Direct) (LGIMHD) LGAS & LGPL)
Legal & General Assurance Legal & General Assurance Society Limited
(Pensions Management) Limited (LGAS & LGPL) (12,081,430 - 5.22 % = LGAS
(PMC) & LGPL)
Legal & General Pensions Limited (Direct)

Proxy Voting:
10. Name of the 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:
Notification using the total voting rights figure of 231,316,953
14. Contact name:
Helen Lewis (LGIM)
15. Contact telephone number:

Note: Annex should only be submitted to the FSA not the issuer Annex: Notification of major interests in share

A: Identity of the persons or legal entity subject to the notification obligation
Full name Legal & General
(including legal form of legal entities) Group Plc
Legal & General
(Unit Trust
Managers) Limited
Legal & General
Investment
Management Limited
Contact address One Coleman Street,
(registered office for legal entities) London, EC2R 5AA
Phone number & email 020 3124 3851
Other useful information Paul Sweeney

(at least legal representative for legal persons)

B: Identity of the notifier, if applicable
Full name Helen Lewis
Contact address One Coleman Street,
London, EC2R 5AA
Phone number & email 020 3124 3851
Helen.lewis@lgim.co.
uk
Other useful information Investment Advisor

(e.g. functional relationship with the person or legal entity subject to the notification obligation)

C: Additional information

This information is provided by RNS The company news service from the London Stock Exchange

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