Kesa Electricals plc - Major Interests in Shares

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Tue Jan 22, 2008 5:23am EST

RNS Number:2633M
Kesa Electricals plc
22 January 2008


TR-1: Notifications of Major Interests in Shares

1. Identity of the issuer or the underlying issuer       Kesa Electricals plc
of existing shares to which voting rights are            
attached:
--------------------------------------------------------------------------------
2. Reason for notification (yes/no)
--------------------------------------------------------------------------------
                                                                        
An acquisition or disposal of voting rights                                  X
--------------------------------------------------------------------------------
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)
--------------------------------------------------------------------------------
3. Full name of person(s) subject to                Tocqueville Finance SA
notification obligation:                         
--------------------------------------------------------------------------------
4. Full name of shareholder(s) (if
different from 3):                                         
--------------------------------------------------------------------------------
5. Date of transaction (and date on which              17 January 2008
the threshold is crossed or reached if            
different):
--------------------------------------------------------------------------------
6. Date on which issuer notified:                      21 January 2008
--------------------------------------------------------------------------------
7. Threshold(s) that is/are crossed or                     Below 3%
reached:                                          
--------------------------------------------------------------------------------

8: Notified Details
------------------------------------------------------------------------------------------------
A: Voting rights attached to shares
------------------------------------------------------------------------------------------------
Class/type   Situation previous to the   Resulting situation after the triggering transaction
of shares    triggering transaction
If possible
use ISIN     Number of     Number of     Number of     Number of voting rights Percentage of
code         shares        voting rights shares                                voting rights
                                         Direct
                                                       Direct         Indirect Direct   Indirect
-------------------------------------------------------------------------------------------------
GB0033040113  15,886,711   15,886,711    15,742,711    15,742,711              2.972%
-------------------------------------------------------------------------------------------------

B: Financial Instruments
-------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
-------------------------------------------------------------------------------------------------
Type of     Expiration Exercise/     No. of voting rights that may   Percentage
financial   date       conversion    be acquired (if the instrument  of voting
instrument             period/date   exercised/converted)            rights
-------------------------------------------------------------------------------------------------

-------------------------------------------------------------------------------------------------


Total (A+B)
-------------------------------------------------------------------------------------------------
Number of voting rights              Percentage of voting rights
-------------------------------------------------------------------------------------------------
            15,742,711                                2.972%
-------------------------------------------------------------------------------------------------


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 proxy holder:                                                  N/A
11. Number of voting rights proxy holder will cease to hold:               N/A
12. Date on which proxy holder will cease to hold voting rights:           N/A

13. Additional             Notification using shares in issue figure of
information:               529,553,216

14 Contact name:           Simon Enoch
                           Company Secretary - KESA Electricals plc
15. Contact
telephone name:            020 7269 1400






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

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