Close Brothers Group PLC Holding(s) in Company (7452P)

TIDMCBG TIDMPRU

RNS Number : 7452P

Close Brothers Group PLC

21 November 2016

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------------------------------------------------ 
  1. Identity of the issuer or the underlying                                        Close Brothers Group PLC 
   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 
---------------------------------------------------------------------------  ------------------------------------------- 
 An acquisition or disposal of qualifying financial instruments                                   X 
  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) subject                                            Prudential plc group of companies 
  to the 
  notification obligation: (iii) 
-------------------------------------------------------------------  --------------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv)                                                            Prudential Plc 
                                                                            The Prudential Assurance Company Limited 
                                                                                       M&G Group Limited 
                                                                               M&G Investment Management Limited 
                                                                                          M&G Limited 
-------------------------------------------------------------------  --------------------------------------------------- 
 5. Date of the transaction and date                                                   17 November 2016 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
-------------------------------------------------------------------  --------------------------------------------------- 
 6. Date on which issuer notified:                                                     18 November 2016 
-------------------------------------------------------------------  --------------------------------------------------- 
 7. Threshold(s) that is/are crossed                                                     See item 13 
  or 
  reached: (vi, vii) 
-------------------------------------------------------------------  --------------------------------------------------- 
 
 
 
 8. Notified details: 
--------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
--------------------------------------------------------------------------------------------------------------------------- 
 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 voting        % of voting rights 
                       of               of                of shares       rights                  (x) 
                       Shares           Voting 
                                        Rights 
-------------------  ---------------  ----------------  --------------  ----------------------  --------------------------- 
                                                         Direct          Direct     Indirect     Direct        Indirect 
                                                                         (xi)        (xii) 
-------------------      -----------    ------------    --------------  ---------  -----------  ------------  ------------- 
    ORD GBP0.25 
    GB0007668071        8,344,331         8,344,331        8,326,945        0       8,326,945         0           5.55% 
-------------------  ---------------  ----------------  --------------  ---------  -----------  ------------  ------------- 
 
 B: Qualifying Financial Instruments 
--------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
--------------------------------------------------------------------------------------------------------------------------- 
 Type of financial        Expiration     Exercise/                         Number of voting          % of voting 
  instrument               date (xiii)    Conversion Period                 rights that may           rights 
                                          (xiv)                             be 
                                                                            acquired if the 
                                                                            instrument is 
                                                                            exercised/ converted. 
-----------------------  -------------  --------------------------------  ------------------------  ----------------------- 
      ORD GBP0.25                                                                  333,011                   0.22% 
      GB0007668071 
    (Right of Recall) 
-----------------------  -------------  --------------------------------  ------------------------  ----------------------- 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments (xv, xvi) 
--------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
--------------------------------------------------------------------------------------------------------------------------- 
 Type of financial      Exercise       Expiration      Exercise/         Number of voting          % of voting rights 
  instrument             price         date (xvii)     Conversion         rights instrument         (xix, xx) 
                                                       period             refers to 
                                                       (xviii) 
---------------------  -------------  --------------  ----------------  ------------------------  ------------------------- 
                                                                                                   Nominal       Delta 
---------------------  -------------  --------------  ----------------  ------------------------  ------------  ----------- 
 
 
 Total (A+B+C) 
--------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                   Percentage of voting rights 
--------------------------------------------------------  ----------------------------------------------------------------- 
 8,659,956                                                 5.77% 
--------------------------------------------------------  ----------------------------------------------------------------- 
 
 
 
 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) - 8,659,956 (5.77%) 
   The Prudential Assurance Company Limited (wholly owned subsidiary of 
   Prudential plc) - 6,325,522 (4.21%) 
   M&G Group Limited (wholly owned subsidiary of Prudential plc) - 8,659,956 
   (5.77%) 
   M&G Limited (wholly owned subsidiary of M&G Group Limited) - 8,659,956 
   (5.77%) 
   M&G Investment Management Limited (wholly owned subsidiary of M&G Limited) 
   - 8,659,956 (5.77%) 
 
 Proxy Voting: 
-------------------------------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                                               N/A 
----------------------------------------------------------------------  -------------------------------------------- 
 11. Number of voting rights proxy holder will                                               N/A 
  cease 
  to hold: 
----------------------------------------------------------------------  -------------------------------------------- 
 12. Date on which proxy holder will cease to                                                N/A 
  hold 
  voting rights: 
----------------------------------------------------------------------  -------------------------------------------- 
 
 
  13. Additional information:                                              The non-exempt indirect holdings for 
                                                                           Prudential plc have moved from a 4% 

                                                                           to a 3% notifiable interest excluding 
                                                                           the right of recall under the Qualifying 
                                                                           Financial Instruments. 
 
                                                                           The Prudential Assurance Company Limited 
                                                                           (wholly owned subsidiary of Prudential 
                                                                           plc) has moved from a 4% to a 3% indirect 
                                                                           notifiable interest, excluding the 
                                                                           right of recall under the Qualifying 
                                                                           Financial Instruments. 
----------------------------------------------------------------------  -------------------------------------------- 
 14. Contact name:                                                       Nicholas Jennings 
----------------------------------------------------------------------  -------------------------------------------- 
 15. Contact telephone number:                                           020 7655 3100 
----------------------------------------------------------------------  -------------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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November 21, 2016 11:13 ET (16:13 GMT)