1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
Somero Enterprises, Inc.
2. Reason for notification (yes/no)
An acquisition or disposal of voting rights
Yes
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):
3. Full name of person(s) subject to notification obligation:
Hermes Equity Ownership Services Limited
4. Full name of shareholder(s) (if different from 3):
Shares are held by the relevant custodian(s)
5. Date of transaction (and date on which the threshold is crossed or reached if different):
25 October 2012
6. Date on which issuer notified:
26 October 2012
7. Threshold(s) that is/are crossed or reached:
6% and 5%
8: Notified Details
A: Voting rights attached to shares
Class/type of shares
Situation previous to the triggering transaction
Resulting situation after the triggering transaction
If possible use ISIN code
Number of shares
Number of voting rights
Number of shares
Number of voting rights
Percentage of voting rights
Direct
Direct
Indirect
Direct
Indirect
028432810
B1GCQ97
3,650,000
3,650,000
2,650,000
4.69645%
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial
instrument
Expiration
date
Exercise/
Conversion Period
Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.
% of voting
rights
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument
Exercise price
Expiration date
Exercise/ Conversion period
Number of voting rights instrument refers to
% of voting rights
Nominal
Delta
Total (A+B+C)
Number of voting rights
Percentage of voting rights
2,650,000
4.69645%
9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable:
BT Pension Scheme Trustees Limited, as trustee of the BT Pension Scheme ("BTPS") controls Britel Fund Trustees Limited, which is the parent undertaking of Hermes Fund Managers Limited ("HML"). HFML is the parent undertaking of :-
*This notification is being made in respect of HEOS, which is an indirect holder of shares for the purpose of DTR 2.5.1(h) as a result of control of voting rights in relation to such shares.
Proxy Voting:
10. Name of proxy holder:
See Comment in Section 9
11. Number of voting rights proxy holder will cease to hold:
See Comment in Section 9
12. Date on which proxy holder will cease to hold voting rights:
See Comment in Section 9
13. Additional information:
N/A
14 Contact name:
James Sherry (j.sherry@hermes.co.uk)
15. Contact telephone name:
020 7702 6110
This information is provided by RNS
The company news service from the London Stock Exchange
RNS news service provided by Hemscott Group Limited.
Somero Enterprises, Inc. designs, assembles, remanufactures, sells, and distributes concrete leveling, contouring and placing equipment, related parts and accessories, and training services around the world. Its products are machinery used in the process of horizontal concrete placement. Its product categories include Lightweight Screeds, Ride-on Laser Concrete Screeds, Boom Screeds, Skyline Stationary Laser Screeds, Materials Placement, and Software Packages. Its Lightweight Screeds include Mini Screed C and CopperHead XD 3.0. Its Ride-on Laser Concrete Screeds consist of S-485 Laser Screed and S-940 Laser Screed. Its Boom Screeds include S-28EZ Laser Screed, S-PS50 Laser Screed, and others. Its Skyline Stationary Laser Screeds consist of SkyScreed 36 (SkyStrip). Its Materials Placement includes Broom + Cure Machine, Somero LineDragon, and STS-11M Topping Spreader. Its software packaging includes 3-D Concrete Profiler System, SiteShape System, and Somero Floor Levelness System.