(BPI.L) British Polythene Industries PLC Buy/Sell

RNS Number : 6166C British Polythene Industries PLC 17 November 2009

Financial Services Authority

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer British Polythene Plc

of existing 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 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 Legal & General Group Plc (L&G)

notification obligation:
4. Full name of shareholder(s) Legal & General Assurance (Pensions Management) Limited
(if different from 3.): (PMC)
13 November 2009

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

6. Date on which issuer notified: 16 November 2009
7. Threshold(s) that is/are crossed or From 4% - 3% (L&G)

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 of voting % of voting rights
of of Number rights
Shares Voting of shares
Rights
Direct Indirect Direct Indirect
ORD 1,216,640 1,216,640 1,059,399 1,059,399 3.99

GBP 0.25

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
1,059,399 3.99

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) Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) Legal & General Investment Management Limited (Indirect) (LGIM) Legal & General Group Plc (Direct) (L&G) (1,059,399 -3.99 % = LGAS, LGPL &

Legal & General Investment Legal & General Insurance Holdings Limited

Management (Holdings) Limited (Direct) (LGIH) (Direct) (LGIMHD) (964,099 -3.63 % = PMC)
Legal & General Assurance Legal & General Assurance Society Limited
(Pensions Management) Limited (LGAS & LGPL)

(PMC) (964,099 -3.63 % = PMC)
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 26,498,160
14. Contact name:
Helen Lewis (LGIM)
15. Contact telephone number:

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

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RNS Number : 5235C
  British Polythene Industries PLC
  16 November 2009
   

16 November 2009

INTERIM MANAGEMENT STATEMENT

British Polythene Industries PLC issues today the following Interim Management Statement in respect of the period of 1 July 2009 to 31 October 2009.

As we indicated at the time of our Interim Statement on 28 August, July was a much better month than in 2008. The same pattern continued into August, September and October and we are well positioned to have a much better year than in 2008, with the outcome nearer the top end of current market expectations.

Our UK business continues to benefit from the weakness of Sterling against the Euro, although our European business has seen increased competition from UK based competitors. Currently there is no sign of any upturn in demand from those customers facing difficult economic conditions and overall trading remains challenging.

Volumes will certainly be down on 2008, but our capacity and cost base is better aligned to our customers' demands and this has allowed us to reduce the losses in certain UK sites producing packaging for the depressed construction and industrial sectors of the economy.

Our raw material costs have risen in the last few months, but are now looking to stabilise or erode very slowly. We are fairly well hedged against this winter's power costs, both in the UK and Europe. 

We currently await seasonal demand from the retail sector for pre-store and transit packaging. Much of this demand is just-in-time; however we have, as yet, to see anything which would lead us to expect it to be any different from last year. 

We previously announced the closure of the Stockton site and this is proceeding to plan. Heavy duty sack production has already been moved and pallet-hoods and printed industrial sheeting are being transferred in the next few months. The wide agricultural and horticultural films will transfer on the installation of a new wide film line during the first half of next year and production at the Stockton site will then cease, eliminating the significant site costs. Full benefits should start to come through from the second half of 2010. In the meantime, we have significant duplication of both people and site costs.

Net borrowings remain at similar levels to June 2009.

      Enquiries:
    
 Cameron McLatchie, Chairman     British Polythene Industries PLC   01475 501000
 John Langlands, Chief           British Polythene Industries PLC   01475 501000
 Executive
 Tim Spratt/Nicola Biles                       Financial Dynamics  0207 831 3113
        

This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
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RNS Number : 5570A British Polythene Industries PLC 09 October 2009

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the British Polythene
underlying issuer of existing shares to Industries PLC

which voting rights are attached:

2 Reason for the notification (please tick the appropriate box or boxes):
X

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 Barclays PLC

notification obligation:

4. Full name of shareholder(s) (if different from 3.):

5. Date of the transaction and date on which the 07-Oct-09

threshold is crossed or reached:

6. Date on which issuer notified: 08-Oct-09
7. Threshold(s) that is/are crossed or reached: 5% to Below notifiable %

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 rights
of of of shares rights
Shares Voting
Rights
Direct Direct Indirect Direct Indirect
Not Reportable Not Reportable
1,336,190 1,336,190 Not Reportable Not Reportable Not Reportable

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 Not Reportable
Not Reportable

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:

14. Contact name: Geoff Smith

15. Contact telephone number: 020 7116 2913

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

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RNS Number : 7271Y British Polythene Industries PLC 08 September 2009

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the British Polythene
underlying issuer of existing shares to Industries PLC

which voting rights are attached:

2 Reason for the notification (please tick the appropriate box or boxes):
X

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) Aberdeen Asset
subject to the notification Management PLC's Fund
obligation: Management
OperatingSubsidiaries

4. Full name of shareholder(s) Aberdeen ICVC - UK
(if different from 3.): EmergingCompanies Fund

5. Date of the transaction and 07/09/2009 date on which the threshold is crossed or reached:

6. Date on which issuer 08/09/2009

notified:

7. Threshold(s) that is/are 10%

crossed or 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 rights
of of of shares rights
Shares Voting
Rights
Direct Direct Indirect Direct Indirect

2,869,108 2,869,108 2,550,108 9.62%

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
2,550,108 9.62%

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:

14. Contact name: Ian Grant

15. Contact telephone number: 01224 404 301

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

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