ITE Group PLC ITE Holding(s) in Company

  ITE Group PLC (ITE) - Holding(s) in Company

RNS Number : 0406S
ITE Group PLC
26 November 2012










+----------------------------------------------------------------------------+
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES^i               |
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1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are                  ITE Group PLC
attached:  ^ii
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
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                BlackRock, Inc.
notification obligation:  ^iii
4. Full name of shareholder(s)
(if different from 3.):^iv
5. Date of the transaction and date on
which the threshold is crossed or                    12^th September 2012
reached:
6. Date on which issuer notified:                     26^th November 2012
7. Threshold(s) that is/are crossed or            Holding has gone below 18%
reached: ^vi, vii



8. Notified details:
A: Voting rights attached to shares ^viii, ix
Class/type   Situation previous         Resulting situation after the triggering
of           to the triggering          transaction
shares       transaction
             Number       Number        Number   Number of voting  % of voting
if possible  of           of            of       rights            rights ^x
using        Shares       Voting        shares
the ISIN                  Rights        Direct   Direct Indirect   Direct   Indirect
CODE                                             ^xi    ^xii
GB0002520509  38,663,158   38,663,158     N/A     N/A   38,641,686   N/A     15.52%
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial     Expiration Exercise/           Number of voting    % of voting
instrument            date ^xiii Conversion Period   rights that may be  rights
                                 ^xiv                acquired if the
                                                     instrument is
                                                     exercised/
                                                     converted.
C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments ^xv, xvi
Resulting situation after the triggering transaction
Type of financial Exercise Expiration Exercise/  Number of voting     % of voting
instrument        price    date ^xvii Conversion rights instrument    rights ^xix,
                                      period     refers to            xx
                                      ^xviii
                                                                     
       CFD                                            6,145,480       Nominal Delta
                                                                       2.47%  2.47%
Total (A+B+C)
Number of voting rights                      Percentage of voting rights
                 44,787,166                                  17.99%



9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: ^xxi


BlackRock Investment Management (UK) Limited - 44,787,166 (17.99%)
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:                    John Price, Company Secretary, ITE Group
                                     plc
15. Contact telephone number:        020 7596 5139



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

END


HOLLLFSRLLLRFIF -0- Nov/26/2012 16:43 GMT
 
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