(OPE.L) Optare PLC Buy/Sell

RNS Number : 6930Z Optare PLC 25 September 2009

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuer OPTARE PLC

of existing shares to which voting rights are attached: ii 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 to the HARGREAVE HALE LIMITED

notification obligation: iii
4. Full name of shareholder(s) DISCRETIONARY CLIENTS

(if different from 3.):iv
5. Date of the transaction and date on 24 SEPTEMBER 2009

which the threshold is crossed or reached: v
6. Date on which issuer notified: 25 SEPTEMBER 2009
7. Threshold(s) that is/are crossed or 10%

reached: vi, vii 8. Notified details: A: Voting rights attached to shares viii, ix
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 Number of voting % of voting
of of of shares rights rights x
Shares Voting
Rights
Direct Indirect Direct xi Indirect Direct Indirect
xii
GB00B2PGSY66 23,195,435 23,195,435 22,770,435 22,770,435 9.8438%

B: Qualifying Financial Instruments Resulting situation after the triggering transaction
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date xiii Conversion Period xiv rights that may be rights
acquired if the
instrument is
exercised/ converted.

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi Resulting situation after the triggering transaction
Type of financial Exercise price Expiration date xvii Exercise/ Number of voting rights instrument refers to % of voting rights xix, xx
instrument Conversion period xviii
Nominal Delta

Total (A+B+C)
Number of voting rights Percentage of voting rights
22,770,435 9.8438%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi 12,017,147 of these shares are for a unit trust operated by Marlborough Fund Managers Ltd for who Hargreave Hale Ltd manages the portfolio of investments on a discretionary basis. The remaining balance is held on behalf of other discretionary clients.

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: Holdings percentage is based a TVR figure of 231,316,953 which increased as a
result of the placing of 122,857,142 new shares on the 22nd September 2009.
The figure used does not include the additional admission of 1,100,000 new
shares reported by the company as these do not commence trading until the 26th
September 2009.
14. Contact name: David Clueit

15. Contact telephone number: 01253 754739

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

HOLUVUURKARKUAR