OPE Optare

TIDMOPE

RNS Number : 0035G

Optare PLC

01 May 2014

Optare plc

("Optare")

Holdings in Company

Optare has been informed by Ashok Leyland Limited that following an Order of the Madras High Court (India) passed on 21 March 2014, Ashley Services Limited (an investment company of the Ashok Group), which was holding 49.76% of Optare's issued share capital, has been amalgamated with Ashok Leyland Limited effective from 1 July 2013. Accordingly, Ashok's holding in Optare remains unchanged representing 75.1% of Optare's issued share capital which is now solely held by Ashok Leyland Limited.

For further information please contact:

   Optare plc                                             Tel: +44 (0) 8434 873 200 
   Enrico Vassallo -   CEO 
   Cenkos Securities plc                            Tel: +44 (0) 20 7397 8900 

Stephen Keys/Camilla Hume

This information is provided by RNS

The company news service from the London Stock Exchange

END

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