HgCapital Trust PLC Holding(s) in Company (2193X)

TIDMHGT TIDMPRU

RNS Number : 2193X

HgCapital Trust PLC

26 August 2015

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
---------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                           HG CAPITAL TRUST Plc 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
-------------------------------------------------------------  ------------------------------------- 
 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 qualifying 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): 
---------------------------------------------------------  -----  ---------------------------------- 
 3. Full name of person(s)                                      Prudential plc group of companies 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  --------------------------------------- 
 4. Full name of shareholder(s)                                           Prudential plc 
  (if different from 3.):(iv)                                            M&G Group Limited 
                                                                            M&G Limited 
                                                                     M&G Investment Management 
                                                                              Limited 
                                                                 The Prudential Assurance Company 
                                                                              Limited 
-----------------------------------------------------------  --------------------------------------- 
 5. Date of the transaction                                               25 August 2015 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  --------------------------------------- 
 6. Date on which issuer                                                  26 August 2015 
  notified: 
-----------------------------------------------------------  --------------------------------------- 
 7. Threshold(s) that is/are                                               See item 13 
  crossed or 
  reached: (vi, vii) 
-----------------------------------------------------------  --------------------------------------- 
 
 
 
 8. Notified details: 
--------------------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
--------------------------------------------------------------------------------------------------------------------------------------- 
 Class/type      Situation previous                  Resulting situation after the 
  of              to the triggering                   triggering transaction 
  shares          transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
--------------  ----------------------------------  ----------------------------------------------------------------------------------- 
                 Number            Number            Number          Number of voting                   % of voting 
                  of                of                of shares       rights                             rights (x) 
                  Shares            Voting 
                                    Rights 
--------------  ----------------  ----------------  --------------  ---------------------------------  -------------------------------- 
                                                     Direct          Direct          Indirect           Direct       Indirect 
                                                                      (xi)            (xii) 
--------------      ------------    ------------    --------------  --------------  -----------------  -----------  ------------------- 
 
  GB0003921052      4,619,857          4,619,857        4,699,857      4,699,857                   0      12.59%              0 
--------------  ----------------  ----------------  --------------  --------------  -----------------  -----------  ------------------- 
 
 B: Qualifying Financial Instruments 
--------------------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
--------------------------------------------------------------------------------------------------------------------------------------- 
 Type of financial   Expiration      Exercise/                         Number of voting                   % of voting 
  instrument          date            Conversion                        rights that                        rights 
                      (xiii)          Period (xiv)                      may be 
                                                                        acquired if 
                                                                        the 
                                                                        instrument 
                                                                        is 
                                                                        exercised/ 
                                                                        converted. 
------------------  --------------  --------------------------------  ---------------------------------  ------------------------------ 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
--------------------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
--------------------------------------------------------------------------------------------------------------------------------------- 
 Type of           Exercise        Expiration      Exercise/       Number of voting                   % of voting 
 financial          price          date            Conversion      rights instrument                   rights (xix, 
 instrument                        (xvii)          period          refers to                           xx) 
                                                   (xviii) 
----------------  --------------  --------------  --------------  ---------------------------------  ---------------------------------- 
                                                                                                      Nominal                  Delta 
----------------  --------------  --------------  --------------  ---------------------------------  -----------------------  --------- 
 
 
 Total (A+B+C) 
--------------------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                           Percentage of voting rights 
----------------------------------------------------------------  --------------------------------------------------------------------- 
 4,699,857                                                         12.59% 
----------------------------------------------------------------  --------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
----------------------------------------------------------------------------------------- 
 
   Prudential plc (parent Company) - 4,699,857 (12.59%) 
   M&G Group Limited (wholly owned subsidiary of Prudential 
   plc) - 3,188,929 (8.54%) 
   M&G Limited (wholly owned subsidiary of M&G Group Limited) 
   - 3,188,929 (8.54%) 
   M&G Investment Management Limited (wholly owned subsidiary 
   of M&G Limited) - 3,188,929 (8.54%) 
   The Prudential Assurance Company Limited (wholly owned 
   subsidiary of Prudential Plc) - 3,042,495 (8.15%) 
 
 Proxy Voting: 
----------------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                          N/A 
--------------------------------------------------------  ------------------------------- 
 11. Number of voting rights proxy                                      N/A 
  holder will cease 
  to hold: 
--------------------------------------------------------  ------------------------------- 
 12. Date on which proxy holder will                                    N/A 
  cease to hold 
  voting rights: 
--------------------------------------------------------  ------------------------------- 
 
 
  13. Additional information:                                As per 5.1.2, the non-exempt 
                                                             holdings for Prudential plc 
                                                             have moved from 7% to a 8% 
                                                             threshold triggering this 
                                                             notification. 

(MORE TO FOLLOW) Dow Jones Newswires

August 26, 2015 12:36 ET (16:36 GMT)