REG-Clyde Process Solutions PLC: Holding(s) in Company

Thu Nov 5, 2009 2:00am EST
 
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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                                
                                                                              


1. Identity of the issuer or the underlying issuer of         Clyde Process   
existing shares to which voting rights are attached:          Solutions 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 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                              
                                                                              
           Disclosure of holdings follows the sale of Insight                 
           Investment Management Limited on 2 November 2009. This             
           notification supersedes any notifications previously issued by     
           Lloyds Banking Group plc.                                          
                                                                              
Other                                                                         
(please                                                                       
specify):                                                                    X
                                                                              

 

3. Full name of person(s) subject to the          Lloyds Banking Group plc    
notification obligation:                                                      
                                                                              
                                                                              
                                                                              
4. Full name of shareholder(s) (if different from See Section 9.              
3.):                                                                          
                                                                              
                                                                              
                                                                              
5. Date of the transaction and date on which the  2 November 2009             
threshold is crossed or reached:                                              
                                                                              
                                                                              
                                                                              
6. Date on which issuer notified:                 4 November 2009             
                                                                              
                                                                              
                                                                              
7. Threshold(s) that is/are crossed or reached:   N/A - Direct/Indirect       
                                                  holdings remain above 11%   
    

8. Notified details:                                                          
                                                                              
A: Voting rights attached to shares                                           
                                                                              
                                                                              
                                                                              
Class/type   Situation previous Resulting situation after the triggering      
of           to the triggering  transaction                                   
shares       transaction                                                      
                                                                              
                                                                              
if possible  Number    Number   Number    Number of voting    % of  voting    
using        of        of       of shares rights              rights          
the ISIN     Shares    Voting                                                 
CODE                   Rights                                                 
                                Direct    Direct    Indirect  Direct Indirect 
                                                                              
                                                                              
Ord 25p                                                                       
Shares       4,665,553 4665,553 3,101,589 3,101,589 1,563,965 7.682% 3.873%   
                                                                              
GB00B1TSKR82                                                                  
                                                                              

 

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         Exercise Expiration Exercise/  Number of       % of voting    
financial       price    date       Conversion voting          rights         
instrument                          period     rights                         
                                               instrument                     
                                               refers to                      
                                                                              
                                                               Nominal  Delta 
                                                                              
  

Total (A+B+C)                                                                 
                                                                              
                                                                              
Number of voting rights             Percentage of voting rights               
                                                                              
4,665,554                           11.555%                                   
                                                                              

 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:                    
                                                                              
2,669,601 shares (6.612%) are under the control of Uberior Equity Limited, a  
wholly owned subsidiary of Uberior Investments plc, a wholly owned subsidiary 
of Bank of Scotland plc, a wholly owned subsidiary of HBOS plc, a wholly owned
subsidiary of Lloyds Banking Group plc (Direct Interests).                    
                                                                              
1,995,940 shares (4.943%) are under the control of Scottish Widows Investment 
Partnership Ltd, a wholly owned subsidiary of Scottish Widows Group Ltd, a    
wholly owned subsidiary of Lloyds TSB Bank plc, a wholly owned subsidiary of  
Lloyds Banking Group plc (Direct / Indirect Interests).                       
                                                                             
                                                                              
                                                                              
Within these holdings 29,213 shares (0.072%) are managed on behalf of Clerical
Medical Managed Funds Limited a wholly owned subsidiary of Clerical Medical   
Investment Group Limited, and a further 402,762 shares (0.998%) are managed on
behalf of Clerical Medical Investment Group Limited, a wholly owned subsidiary
of HBOS Financial Services Limited, a wholly owned subsidiary of HBOS         
Insurance & Investment Group Limited a wholly owned subsidiary of HBOS plc, a 
wholly owned subsidiary of Lloyds Banking Group plc, These holdings are       
therefore disclosed as an overall Direct Interest.                            
   

Proxy Voting:                                                                 
                                                                              
                                                                              
                                                                              
10. Name of the 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 the Total Voting Rights figure of 
information:             40,376,710                                           
                                                                              
                                                                              
                                                                              
14. Contact name:        Matthew Wilson                                       
                                                                              
                                                                              
                                                                              
15. Contact telephone    0113 235 7729                                        
number:                                                                       
     

END

 

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