Telspec PLC - Holding(s) in Company

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Mon Mar 31, 2008 6:15am EDT

RNS Number:1479R
Telspec PLC
31 March 2008

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
    Telspec plc

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 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                                                             ( )
    (specify):

3.  Full name of person(s) subject to the notification obligation:
    Peter Gyllenhammar

4.  Full name of shareholder(s) (if different from 3.)
    Bronsstadet AB;
    Union Discount Company of London Ltd

5.  Date of the transaction (and date on which the threshold is crossed
    or reached if different):
    26 Mar 2008

6.  Date on which issuer notified:
    31 Mar 2008

7.  Threshold(s) that is/are crossed or reached:
    23%

8.  Notified details:

A. Voting rights attached to shares

Class/type of shares (if possible using the            Ordinary (GB0008821455)
ISIN code)

Situation previous to    Resulting situation after the triggering transaction
the triggering
transaction
Number of   Number of    Number of   Number of voting     % of voting rights
shares      voting       shares      rights
            rights
                         Direct      Direct    Indirect    Direct   Indirect
9,230,500   9,230,500    9,355,500   9,355,500             23.1%
 

B. Financial Instruments

Resulting situation after the triggering transaction
Type of       Expiration   Exercise/          Number of voting  % of voting
financial     date         Conversion Period/ rights that may   rights
instrument                 Date               be acquired if
                                              the instrument is
                                              exercised/
                                              converted

Total (A+B)
Number of voting rights              % of voting rights
9,355,500                            23.1%

9.  Chain of controlled undertakings through which the voting rights and/
    or the financial instruments are effectively held, if applicable:
    Peter Gyllenhammar owns 100% owner of the following companies owning
    the Telspec plc shares:

    Union Discount Company of London Ltd:   6,380,000 shares
    Bronsstadet AB:                         2,975,500 shares


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:                 Peter Gyllenhammar

15.  Contact telephone number:     +46 708 185 244




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

END
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