8 Oct 2008 17:05
Work Group plc ("the Company")
Holding in Company
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
| Work Group Plc ISIN: GB00BOVP0707 |
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 (please specify):
[ ] Initial notification of shareholding
3. Full name of person(s) subject to the notification obligation:
| Morgan Stanley (Institutional Securities Group and Global Wealth Management) |
4. Full name of shareholder(s) (if different from 3.):
5. Date of the transaction (and date on which the threshold is crossed or reached if different):
| 7 October 2008 |
6. Date on which issuer notified:
| 8 October 2008 |
7. Threshold(s) that is/are crossed or reached:
| 7% |
8. Notified details:
A: Voting rights attached to shares
| Class/type of shares | Situation previous to the triggering transaction | |
| Number of Shares | Number of Voting Rights | |
| Ordinary Shares GB00BOVP0707 | 2,396,610 | 2,396,610 |
| Resulting situation after the triggering transaction | ||||
| Number of shares | Number of voting rights | % of voting rights | ||
| Direct | Direct | Indirect | Direct | Indirect |
| 1,723,275 | 1,723,275 | 6.02% | ||
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 |
| 1,723,275 | 6.02% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
| Morgan Stanley Securities Limited |
10. Name of the proxy holder:
| n/a |
11. Number of voting rights proxy holder will cease to hold:
| n/a |
12. Date on which proxy holder will cease to hold voting rights:
| n/a |
13. Additional information:
| n/a |
14. Contact name:
| Michael Warren |
15. Contact telephone number:
| 020 7492 0000 |