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Dutch fund ABP has 5.1 pct stake in Oce- regulator

Sun Jul 6, 2008 7:21am EDT

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AMSTERDAM, July 6 (Reuters) - Dutch pension fund ABP has a 5.1 percent stake in Dutch printer and photocopier Oce (OCEN.AS), a filing at Dutch market watchdog AFM showed on Sunday.

ABP, the world's third-largest state pension fund, was obliged to report its stake in Oce on Friday, the filing said. Under Dutch rules, investors have to report a stake when it passes 5 percent.

Oce said on Thursday it planned to shed about 600 jobs after second-quarter profit was hit by slowing economies, sending its shares down more than 20 percent.

Its businesses include high-volume printing systems for financial institutions, telecoms companies and energy utilities as well as wide-format printing machines for construction companies and architects.

(Reporting by Catherine Hornby; Editing by Erica Billingham)



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