British Polythene BPI Holding(s) in Company

  British Polythene (BPI) - Holding(s) in Company

RNS Number : 8570C
British Polythene Industries PLC
08 May 2012











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:                                     British Polythene Industries
                                                  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


Other (please specify):                            



3. Full name of person(s) subject to the           
notification obligation:
                                                   Bank of America Corporation

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

5. Date of the transaction and date on which the   
threshold is crossed or reached:
                                                   01 May 2012

6. Date on which issuer notified:                  

                                                  03 May 2012
7. Threshold(s) that is/are crossed or reached:    

                                                  Below threshold



8. Notified details:
A: Voting rights attached to shares


Class/type of Situation previous  Resulting situation after the triggering
shares        to the triggering   transaction
              transaction
if possible   Number    Number    Number    Number of voting   % of voting
using         of        of        of shares rights             rights
the ISIN CODE Shares    Voting
                        Rights    Direct    Direct    Indirect Direct    Indirect
GB0007797425 1,370,888 1,370,888 Below     Below     0       Below     0
                                  threshold threshold          threshold



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.

                                        
N/A



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

N/A                                                                      



Total (A+B+C)


Number of voting rights Percentage of voting rights
Below threshold        Below threshold



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:             

                             Doug Berwick
15. Contact telephone number: 

                             0207 995 8859



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

END


HOLUGUQCAUPPURR -0- May/08/2012 09:08 GMT
 
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