Frontier IP Group plc Holding(s) in Company (5221A)

TIDMFIPP TIDMLGEN

RNS Number : 5221A

Frontier IP Group plc

24 March 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
----------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                          Frontier IP Group 
  issuer 
  of existing shares to which voting 
  rights are 
  attached: 
------------------------------------------------------------  --------------------------------- 
 2. Reason for the notification (please tick the appropriate 
  box or boxes): 
----------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                   Yes 
----------------------------------------------------------------  ----------------------------- 
 
   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) 
  subject to the                                                  Legal & General Group Plc 
  notification obligation:                                                 (Group) 
 
                                                                  Legal & General Investment 
                                                                  Management Limited (LGIM) 
----------------------------------------------------------  ----------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.): 
                                                                  Legal & General Assurance 
                                                                       Society Limited 
                                                                           (LGAS ) 
----------------------------------------------------------  ----------------------------------- 
                                                                       22 March 2017 
   5. Date of the transaction 
   and date on 
   which the threshold is 
   crossed or 
   reached: 
----------------------------------------------------------  ----------------------------------- 
 6. Date on which issuer                                               24 March 2017 
  notified: 
----------------------------------------------------------  ----------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached:                                                        L&G (Above 3%, 4%, 5%, 6%) 
                                                                       LGIM (Above 5%) 
----------------------------------------------------------  ----------------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares 
------------------------------------------------------------------------------------------------------------ 
 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 of voting           % of voting 
                     of              of                                rights                  rights 
                   Shares          Voting 
                                   Rights 
-------------  -------------  ---------------                ------------------------  --------------------- 
                                                  Number        Direct      Indirect    Direct     Indirect 
                                                 of shares 
-------------   ------------   -------------   ------------  -----------  -----------  --------  ----------- 
 
                              L&G 
 
                      First Notification 
 ORD GBP0.1          Under DTR Sourcebook        2,500,000     2,500,000        -        6.53%        - 
-------------  ------------------------------  ------------  -----------  -----------  --------  ----------- 
 
 
                      LGIM 
 
               First Notification 
              Under DTR Sourcebook               2,500,000           2,500,000                 6.53% 
 ------------------------------                ------------  ------------------------  --------------------- 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------ 
                                                              Number of 
   Type of financial            Expiration       Exercise/     voting                     % of voting 
   instrument                   date             Conversion    rights that                rights 
                                                 Period        may be 
                                                               acquired 
                                                               if the 
                                                               instrument 
                                                               is 
                                                               exercised/ 
                                                               converted. 
----------------------------  --------------  -------------  ------------------------  --------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------ 
 
  Type of          Exercise       Expiration     Exercise/      Number of voting          % of voting 
  financial        price          date           Conversion     rights instrument         rights 
  instrument                                     period         refers to 
--------------  -------------  --------------  ------------  ------------------------  --------------------- 
                                                                                        Nominal     Delta 
--------------  -------------  --------------  ------------  ------------------------  --------  ----------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                                      Percentage of voting rights 
-----------------------------------------------------------  ----------------------------------------------- 
 
                            (L&G) 
 
                          2,500,000                                               6.53% 
-----------------------------------------------------------  ----------------------------------------------- 
 
                            (LGIM) 
 
                          2,500,000                                               6.53% 
-----------------------------------------------------------  ----------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
-------------------------------------------------------------------------------------------------------------------- 
                                                                               Legal & General Group Plc (Direct and 
                                                                         Indirect) (Group) ( 2,500,000 -6.53%= Total 
                                                                                                           Position) 
                                                                               Legal & General Investment Management 
                                                                              (Holdings) Limited (LGIMH) (Direct and 
                                                                                               Indirect) ( 2,500,000 
                                                                                            - 6.53%= Total Position) 
                                                                               Legal & General Investment Management 
                                                                             Limited (Indirect) (LGIM) ( 2,500,000 - 
                                                                                                        6.53%= Total 
                                                                                                           Position) 
                                                                               Legal & General (Unit Trust Managers) 
                                                                                                       Limited (UTM) 
                                           Legal & General Group Plc (Direct) (L&G) ( 2,500,000 - 6.53%=LGAS, & PMC) 

                              Legal & General Investment Management       Legal & General Insurance Holdings Limited 
                                                  (Holdings) Limited (Direct) (LGIMHD)        (Direct) (LGIH) (LGAS) 
                               Legal & General Assurance (Pensions         Legal & General Assurance Society Limited 
                                                                  Management) Limited (PMC)                   (LGAS) 
 
 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: 
------------------------------------------------------------------------------  ------------------------------------ 
 
                                                                                    Notification using the total 
  13. Additional information:                                                     voting rights figure of 38,278,520 
------------------------------------------------------------------------------  ------------------------------------ 
 14. Contact name:                                                                     Victoria Davies (LGIM) 
------------------------------------------------------------------------------  ------------------------------------ 
 15. Contact telephone number:                                                              029 2035 4147 
------------------------------------------------------------------------------  ------------------------------------ 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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March 24, 2017 12:33 ET (16:33 GMT)