Imagination Technologies Group PLC Holding(s) in Company (7757G)

TIDMIMG TIDMPRU

RNS Number : 7757G

Imagination Technologies Group PLC

24 November 2015

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                       Imagination Technologies 
  the underlying issuer                                                     Group Plc 
  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 
                                                                     M&G Securities Limited 
---------------------------------------------------------  ---------------------------------------- 
 5. Date of the transaction                                            19 November 2015 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
---------------------------------------------------------  ---------------------------------------- 
 6. Date on which issuer                                               20 November 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                    % of voting 
                 of               of               of shares      voting                       rights (x) 
                 Shares           Voting                          rights 
                                  Rights 
-------------  ---------------  ---------------  -------------  ---------------------------  ------------------------- 
                                                  Direct         Direct         Indirect      Direct        Indirect 
                                                                  (xi)           (xii) 
-------------      -----------    -----------    -------------  -------------  ------------  ------------  ----------- 
 GB0009303123     29,842,190       29,842,190      29,699,893     29,699,893         0          10.84%          0 
-------------  ---------------  ---------------  -------------  -------------  ------------  ------------  ----------- 
 
 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. 
-----------------  -------------  ------------------------------  -----------------------------  --------------------- 
 
 
 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 
-------------------------------------------------  ------------------------------------------------------------------- 
 29,699,893                                         10.84% 
-------------------------------------------------  ------------------------------------------------------------------- 
 
 
 
 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) - 29,699,893 (10.84%) 
   M&G Group Limited (wholly owned subsidiary of Prudential 
   plc) - 29,699,893 (10.84%) 
   M&G Limited (wholly owned subsidiary of M&G Group Limited) 
   - 29,699,893 (10.84%) 
   M&G Investment Management Limited (wholly owned subsidiary 
   of M&G Limited) - 29,699,893 (10.84%) 
   M&G Securities Limited (wholly owned subsidiary of M&G 
   Limited) - 27,280,744 (9.96%) 
 
 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:                                M&G Securities Limited (wholly 
                                                             owned subsidiary of M&G Limited) 
                                                             has moved from a 10% to a 
                                                             9% notifiable interest triggering 
                                                             this notification. 
--------------------------------------------------------  ------------------------------------ 
 14. Contact name:                                         Ravi Patel / James Todd 
                                                            M&G Investment Management 
                                                            Limited 
--------------------------------------------------------  ------------------------------------ 

(MORE TO FOLLOW) Dow Jones Newswires

November 24, 2015 06:51 ET (11:51 GMT)