Summit Corporation plc
(“Summit plc” or “the Company”)
HOLDINGS IN COMPANY
TR-1: Notification of Major Interests in Shares
Oxford, UK, 7 January 2010
1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached:
Summit Corporation Plc
2. Reason for notification (yes/no)
* An acquisition or disposal of voting rights:
* An acquisition or disposal of 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): Participation in placing
3. Full name of person(s) subject to notification obligation:
Lansdowne Partners Limited being the General Partner of Lansdowne Partners
Limited Partnership
Lansdowne Partners International Limited
4. Full name of shareholder(s) (if different from 3):
Vidacos Nominees Ltd (Registered Shareholder)
5. Date of transaction (and date on which the threshold is crossed or reached if
different):
31 December 2009
6. Date on which issuer notified:
5 January 2010
7. Threshold(s) that is/are crossed or reached:
Thresholds from 10% to 29%
8: Notified Details
A: Voting rights attached to shares
+-------------+---------------------+------------------------------------------+
|Class/type of|Situation previous to|Resulting situation after the triggering |
|shares |the Triggering |transaction |
| |transaction | |
| +----------+----------+-------+------------------+---------------+
| |Number of |Number of |Number |Number of Voting |% of Voting |
| |shares |Voting |of |Rights |Rights |
| | |Rights |Shares +------+-----------+------+--------+
| | | | |Direct|Indirect |Direct|Indirect|
+-------------+----------+----------+-------+------+-----------+------+--------+
|GB00B02T3K57 |4,470,000 |4,470,000 | | |49,708,691 | |29.90% |
+-------------+----------+----------+-------+------+-----------+------+--------+
B: Financial Instruments
+------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction |
+------------+------------+---------------------+---------------------+--------+
|Type of |Expiration |Exercise/Conversion |Number of voting |% of |
|Financial |date |Period/Date |rights that may be |voting |
|instrument | | |acquired if the |rights |
| | | |instrument is | |
| | | |exercised/converted | |
+------------+------------+---------------------+---------------------+--------+
| | | | | |
+------------+------------+---------------------+---------------------+--------+
C: Financial Instruments with similar economic effects 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 | % of voting rights |
+-------------------------+--------------------+
| 49,708,691 | 29.90% |
+-------------------------+--------------------+
9. Chain of controlled undertakings through which the voting rights and /or the
financial instruments are effectively held, if applicable:
Lansdowne Partners International Limited is the parent undertaking of Lansdowne
Partners Limited
Proxy Voting:
10. Name of proxy holder: Lansdowne Partners Limited
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: Hugh Orange
15. Contact telephone name: +44 20 7408 8573
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[HUG#1371263]