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TIDMEMG
RNS Number : 6292I
Man Group plc
26 July 2012
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
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1. Identity of the issuer or the
underlying issuer of existing shares Man Group plc
to which voting rights are attached:
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2 Reason for the notification (please tick the appropriate box
or boxes):
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An acquisition or disposal of voting rights X
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An acquisition or disposal of qualifying financial instruments
which may result in the acquisition of shares already
issued to which voting rights are attached
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An acquisition or disposal of instruments with similar
economic effect to qualifying financial instruments
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An event changing the breakdown of voting rights
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Other (please
specify):
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3. Full name of person(s) subject TIAA-CREF Investment Management,
to the notification obligation: LLC on behalf of the accounts
listed in Exhibit A attached
hereto
Teachers Advisors, Inc. on
behalf of the funds Listed
in Exhibit B attached hereto
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4. Full name of shareholder(s) (if
different from 3.):
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5. Date of the transaction and date 24 July 2012
on which the threshold is crossed
or reached:
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6. Date on which issuer notified: 25 July 2012
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7. Threshold(s) that is/are crossed Below 3%
or reached:
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8. Notified details:
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A: Voting rights attached to shares
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Class/type Situation previous Resulting situation after the triggering
of to the triggering transaction
shares transaction
if possible
using
the ISIN
CODE
-------------- ------------------------ -----------------------------------------------------
Number Number Number Number of % of voting
of of of shares voting rights
Shares Voting rights
Rights
-------------- ----------- ----------- ----------- ------------------ --------------------
Direct Direct Indirect Direct Indirect
-------------- ----------- ----------- ----------- ------- --------- ------- -----------
GB00B28KQ186 56,563,879 56,563,879
----------- ----------- -----------
Below 3%
-------------- ----------- ----------- -----------------------------------------------------
B: Qualifying Financial Instruments
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Resulting situation after the triggering transaction
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Type of financial Expiration Exercise/ Number of voting % of voting
instrument date Conversion rights that rights
Period may be
acquired if
the
instrument is
exercised/ converted.
------------------ ----------- ------------ ----------------------- ------------
N/A N/A N/A N/A N/A
------------------ ----------- ------------ ----------------------- ------------
C: Financial Instruments with similar economic effect to Qualifying
Financial Instruments
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Resulting situation after the triggering transaction
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Type of financial Exercise Expiration Exercise/ Number of voting % of voting
instrument price date Conversion rights instrument rights
period refers to
------------------ --------- ----------- ------------ ------------------- ----------------
Nominal Delta
------------------ --------- ----------- ------------ ------------------- -------- ------
N/A N/A N/A N/A N/A N/A N/A
------------------ --------- ----------- ------------ ------------------- -------- ------
Total (A+B+C)
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Number of voting rights Percentage of voting rights
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Below 3%
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9. Chain of controlled undertakings through which the voting rights and/or
the
financial instruments are effectively held, if applicable:
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The College Retirement Equities Fund ("CREF") hereby informs you that
on July 24, 2012 , CREF holds 11,184,132
shares of Man Group Plc. CREF owns these shares through two of its investment
accounts, the Global Equities Account and Stock Account. It is our understanding
the total voting shares outstanding of Man Group Plc are 1,820,560,383
bringing CREF's ownership in your company to a 0.614% level.
For your information, CREF is a U.S. based investment company, which
is registered with the Securities and Exchange
Commission ("SEC"). CREF has multiple investment accounts, each with
separate investment objectives and policies. All assets in the accounts
are beneficially owned by CREF, and all the accounts are managed by TIAA-CREF
Investment Management, LLC, an SEC registered investment adviser.
Additionally, on July 24, 2012 affiliates of CREF sold some of its shares
of Man Group Plc, bringing its total holdings
in your company to 33,435,742 shares. These holdings are owned by the
TIAA-CREF Funds ("Funds"), and the TIAA-CREF Life Funds ("Life Funds"),
each of which are SEC registered investment companies. The Funds and
Life Funds are managed by Teachers Advisors, Inc., an SEC registered
investment adviser that is affiliated with TIAA-CREF Investment Management,
LLC. These affiliated funds, aggregated with those of CREF, own a total
of less than 3% of the outstanding voting shares of your company. Because
Teachers Advisors, Inc. and TIAA-CREF Investment Management, LLC follow
the same policies when voting these funds, we are aggregating the holdings
for purposes of this letter.
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Proxy Voting:
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10. Name of the proxy holder: TIAA-CREF Investment Management,
LLC/Teachers Advisors, Inc
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11. Number of voting rights proxy N/A
holder will cease to hold:
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12. Date on which proxy holder will N/A
cease to hold voting rights:
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13. Additional information:
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14. Contact name: Rachel Rowson
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15. Contact telephone number: 020 7144 1732
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Exhibit A.
TIAA-CREF Investment Management, LLC
College Retirement Equities Fund ("CREF") *
-- CREF Stock Account
-- CREF Global Equities Account
* Registered Investment Company
Exhibit B.
Teachers Advisors, Inc.
TIAA-CREF Funds*
-- International Equity Fund
-- International Equity Index Fund
TIAA-CREF Life Funds*
-- Life International Equity Fund
*Registered Investment Company
This information is provided by RNS
The company news service from the London Stock Exchange
END
HOLLLFFEDFIRFIF
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