(RHEP.L) Rheochem PLC Buy/Sell

RNS Number : 1614B Rheochem PLC 21 October 2009

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer of existing RHEOCHEM UK shares 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

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 GARTMORE INVESTMENT LIMITED

notification obligation:

4. Full name of shareholder(s) (if different SEE SCHEDULE BELOW

from 3.):

5. Date of the transaction and date on which 19TH OCTOBER 2009

the threshold is crossed or reached:

6. Date on which issuer notified: 20TH OCTOBER 2009

7. Threshold(s) that is/are crossed or 18%

reached:

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 Number of voting % of voting
of of of shares rights rights
Shares Voting
Rights
Direct Direct Indirect Direct Indirect

39,116,402 39,116,402 38,866,402 38,866,402 17.909%

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 may be rights
Period 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 rights
instrument price date Conversion rights instrument
period refers to
Nominal Delta

Total (A+B+C)

Number of voting rights Percentage of voting rights
38,866,402 17.909%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

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: All figures are based on the Company's issued
share capital of 217,026,002 as provided by
Exshare

Email
Adrian.bowers@rheochem.com.au
Helen.tracey@rheochem.com.au

Email contactRDU@Gartmore.com

14. Contact name: RDU

15. Contact telephone number: 0207 782 2324

Current Holdings by Instrument Type

Stock Line: B02YHV9 RHEOCHEM (UK) ORD GBP0.05 Issued Share Capital: 217,206,002
Share DescriptionFund Managing Shares Held % of Issued Share UKRegistered Owner Beneficial Owner
Co. Capital

Equities RHEOCHEM (UK) ORD GBP0.05
Gartmore Fund Managers Limited 5,299,997 2.442% HSBC GLOBAL CUSTODY GARTMORE FUND MANAGERS LTD A/C
NOMINEE UK LIMITED GARTMORE UK & IRISH SMALLER

Gartmore Investment Limited 10,325,868 4.758% NORTRUST NOMINEES STRATHCLYDE PENSION FUND

2,406,458 1.109% GARTMORE GROWTH GARTMORE GROWTH OPPORTUNITIES

20,834,079 9.600% VIDACOS NOMINEES LTD THE ALPHAGEN VOLANTIS FUND

38,866,402 17.909%

38,866,402 17.909%

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

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