BBA Aviation PLC Holding(s) in Company (2099K)

TIDMBBA TIDMPRU

RNS Number : 2099K

BBA Aviation PLC

19 September 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                             BBA Aviation 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 
----------------------------------------------------------------  ----------------------------------- 
 An acquisition or disposal of qualifying financial                                X 
  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) 
  (if different from 3.):(iv)                                              Prudential plc 
                                                                  The Prudential Assurance Company 
                                                                               Limited 
-----------------------------------------------------------  ---------------------------------------- 
 5. Date of the transaction                                              15 September 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ---------------------------------------- 
 6. Date on which issuer                                                 16 September 2016 
  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              % of voting 
                         of                 of                 of shares         voting                 rights (x) 
                         Shares             Voting                               rights 
                                            Rights 
-------------------    -----------------  -----------------  ----------------  ---------------------  ----------------------- 
                                                              Direct            Direct    Indirect     Direct        Indirect 
                                                                                 (xi)      (xii) 
-------------------      -------------      -------------    ----------------  --------  -----------  ------------  --------- 
  GBP ORD0.297619047 
     GB00B1FP8915          30,899,725         30,899,725        30,956,373                30,956,373                  3.00% 
---------------------  -----------------  -----------------  ----------------  --------  -----------  ------------  --------- 
 
 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. 
-----------------------  -----------------  -------------------------------  -------------------------  --------------------- 
   GBP ORD0.297619047                                                                 640,891                   0.06% 
      GB00B1FP8915 
    (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 
  instrument          price              date               Conversion       rights instrument          rights (xix, 
                                         (xvii)             period           refers to                  xx) 
                                                            (xviii) 
-------------------  -----------------  -----------------  --------------  -------------------------  ----------------------- 
                                                                                                       Nominal     Delta 
-------------------  -----------------  -----------------  --------------  -------------------------  ----------  ----------- 
 
 
 Total (A+B+C) 
----------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                                    Percentage of voting rights 
-------------------------------------------------------------------------  -------------------------------------------------- 
 31,597,264                                                                 3.06% 
-------------------------------------------------------------------------  -------------------------------------------------- 
 
 
 
 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) - 31,597,264 (3.06%) 
   The Prudential Assurance Company Limited (wholly owned 
   subsidiary of Prudential plc) - 31,597,264 (3.06%) 
 
 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:                               The non-exempt indirect holdings 
                                                            for Prudential plc have moved 
                                                            above 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 above 3% notifiable 
                                                            interest excluding the right 
                                                            of recall under the Qualifying 
                                                            Financial Instruments. 
-------------------------------------------------------  ------------------------------------- 
 14. Contact name:                                        John Baker / Owen Smith 
                                                           M&G Investment Management 
                                                           Limited 
-------------------------------------------------------  ------------------------------------- 
                                                          020 7548 2561 / 020 7004 
 15. Contact telephone number:                             4517 
-------------------------------------------------------  ------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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September 19, 2016 07:09 ET (11:09 GMT)