NOTIFICATION OF MAJOR INTEREST IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached
TOROTRAK 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 See also Additional Information below ( )
(specify):
3. Full name of person(s) subject to the notification obligation:
Barclays PLC
4. Full name of shareholder(s) (if different from 3.)
Barclays Capital Securities Ltd
Barclays Stockbrokers Ltd
Gerrard Ltd
5. Date of the transaction (and date on which the threshold is crossed or reached if different):
21/02/2007
6. Date on which issuer notified:
22/02/2007
7. Threshold(s) that is/are crossed or reached:
10% to 9%
8. Notified details:
n/a
A. Voting rights attached to shares
Class/type of shares (if possible using the Ordinary 10p (GB0002922382) ISIN code)
Situation previous to Resulting situation after the triggering transaction
the triggering transaction
| Situation previous to the triggering transaction |
Resulting situation after the triggering transaction |
| Number of shares |
Number of voting rights |
Number of shares |
Number of voting rights |
|
% of voting rights |
|
|
|
Direct |
Direct |
Indirect |
Direct |
Indirect |
| 12,011,578 |
12,011,578 |
11,978,077 |
0 |
11,978,077 |
0 |
9.99% |
B. Financial Instruments
Resulting situation after the triggering transaction
| Type of financial instrument |
Expiration date |
Exercise/conversion period/date |
Number of voting rights that may be acquired if the instrument is exercised/converted |
% of voting rights |
Total (A+B)
|
Number of voting rights |
|
% of voting rights |
| 11,978,077 |
|
9.99% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Barclays Capital Securities Ltd
Barclays Stockbrokers Ltd
Gerrard Ltd
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:
Additional information
Following implementation of the Disclosure and Transparency Rules on 20 January 2007, this comprises the initial disclosure of a major interest in shares by Barclays PLC.