Beazley PLC TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (3514S)

TIDMBEZ

RNS Number : 3514S

Beazley PLC

20 December 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                Beazley 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)                                    Woodford Investment Management 
  subject to the                                               Ltd 
  notification obligation: 
  (iii) 
----------------------------------------------------------  ------------------------------------ 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
----------------------------------------------------------  ------------------------------------ 
 5. Date of the transaction 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v)                                                19/12/2016 
----------------------------------------------------------  ------------------------------------ 
 6. Date on which issuer 
  notified:                                                   20/12/2016 
----------------------------------------------------------  ------------------------------------ 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                         5% 
----------------------------------------------------------  ------------------------------------ 
 
 
 
 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) 
-------------      --------------      --------------    ----------------  ----------------  ---------------  ----------  ----------- 
 GB00BYQ0JC66     26,351,686.00       26,351,686.00       25,739,154.00     25,739,154.00                      4.92% 
---------------  ------------------  ------------------  ----------------  ----------------  ---------------  ----------  ----------- 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration          Exercise/                             Number of voting               % of voting 
 financial           date                Conversion                            rights that                    rights 
 instrument          (xiii)              Period (xiv)                          may be 
                                                                               acquired if 
                                                                               the 
                                                                               instrument 
                                                                               is 
                                                                               exercised/ 
                                                                               converted. 
-----------------  ------------------  ------------------------------------  -----------------------------  ------------------------- 
                                                                               0.00                           0.00 % 
-----------------  ------------------  ------------------------------------  -----------------------------  ------------------------- 
 
 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 (xvii)         Conversion        rights instrument                 rights (xix, 
  instrument                                            period            refers to                         xx) 
                                                        (xviii) 
-------------  ------------------  ------------------  ----------------  -------------------------------  --------------------------- 
                                                                          0.00                             Nominal       Delta 
-------------  ------------------  ------------------  ----------------  -------------------------------  ------------  ------------- 
                                                                                                                          0.00 
                                                                                                                           % 
-------------      --------------      --------------    --------------      --------------  -----------  ------------  ------------- 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                                  Percentage of voting rights 
-----------------------------------------------------------------------  ------------------------------------------------------------ 
  25,739,154.00                                                           4.92 % 
-----------------------------------------------------------------------  ------------------------------------------------------------ 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------ 
  Woodford Investment Management Ltd as investment manager 
 
 Proxy Voting: 
------------------------------------------------------------------------------ 
 10. Name of the proxy holder: 
-------------------------------------------------------------  --------------- 
 11. Number of voting rights proxy 
  holder will cease 
  to hold: 
-------------------------------------------------------------  --------------- 
 12. Date on which proxy holder will 
  cease to hold 
  voting rights: 
-------------------------------------------------------------  --------------- 
 
 
  13. Additional information: 
-------------------------------------------------------------  --------------- 
 14. Contact name:                                               Simon Osborne 
-------------------------------------------------------------  --------------- 
 15. Contact telephone number:                                   01865 809046 
-------------------------------------------------------------  --------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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December 20, 2016 04:57 ET (09:57 GMT)