Independent Investment Trust Announcements

Holding(s) in Company

16 September 2008 17:07:21



RNS Number : 5897D Land of Leather Holdings plc 16 September 2008  
16th September 2008
Land of Leather Holdings plc
Holding(s) in Company
Land of Leather Holdings plc, the UK's only national retailer which specialises in leather sofas, has received the following notification of a major interest in its shares.  
2. Reason for the notification:    Share Consolidation on 15 July 2008 diluted holding
3. Full name of person(s) subject to the notification obligation: The Independent Investment Trust PLC
4. Full name of shareholder(s) (if different from 3): N/A
5. Date of the transaction (and date on which the threshold was crossed or reached if different): 15 July 2008
6. Date on which issuer notified: 16 September 2008
7. Threshold(s) crossed or reached: 4% to below 3%
8. Notified details
A: Voting rights attached to shares
Class/type of shares:    Ordinary ten pence shares
Situation previous to the triggering transaction
Number of Shares: 2,500,000
Number of Voting Rights: 2,500,000
Resulting situation after the triggering transaction
Number of shares: Less than 3%
Number of voting rights - Direct: Less than 3%
Number of voting rights - Indirect: 
% of voting rights - Direct: 
% of voting rights - Indirect: 
B: Financial Instruments: N/A
Total (A+B)
Number of voting rights: No longer notifiable
% of voting rights: Below 3%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: N/A
Proxy Voting
10. Name of the proxy holder: N/A
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 of person(s) subject to the notification obligations: Forbes Morrison
15. Contact telephone number: 0131 275 3179
Enquires concerning this announcement can be directed to Adrian Goodenough, Company Secretary (Telephone 01474 322277 / Facsimile 01474 360428 / E-mail cosec@landofleather.net)
This information is provided by RNSThe company news service from the London Stock Exchange  END  HOLUNRNRWSRKAAR

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Risk Warning

There is an extra risk of losing money when shares are bought in some smaller companies including 'Penny Shares'. There is a big difference between the buying price and the selling price of these shares. If they have to be sold immediately, you may get back much less than you paid for them or you may have difficulty in selling them. Past performance is not a reliable indicator of future results. The price may change quickly and it may go down as well as up. You could lose every penny put into a particular share.

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