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PRU Prudential Plc

743.00
-12.80 (-1.69%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Prudential Plc LSE:PRU London Ordinary Share GB0007099541 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -12.80 -1.69% 743.00 742.20 742.60 759.80 739.80 752.00 8,775,116 16:35:27
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Life Insurance -8.22B 998M 0.3625 20.48 20.44B

NextEnergy Solar Fund Limited TR-1: Notification of Major Interest in Shares (2156H)

27/11/2015 11:28am

UK Regulatory


TIDMNESF TIDMPRU

RNS Number : 2156H

NextEnergy Solar Fund Limited

27 November 2015

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or the underlying              Next Energy Solar Fund Limited 
  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 
  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):                                                                 x 
  Position stated under the amending EU Transparency Directive 
-------------------------------------------------------------------------------      -------- 
 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 
                                                            M&G Group Limited 
                                                               M&G Limited 
                                                    M&G Investment Management Limited 
                                                 The Prudential Assurance Company Limited 
----------------------------------------  --------------------------------------------------- 
 5. Date of the transaction and date                        25 November 2015 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
----------------------------------------  --------------------------------------------------- 
 6. Date on which issuer notified:                          26 November 2015 
----------------------------------------  --------------------------------------------------- 
 7. Threshold(s) that is/are crossed                              25% 
  or                                                           See item 13 
  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) 
-------------  -----  -------    ----  --------  ---  -----------------  ----------  -----------  ---------  -------------- 
 RED ORD NPV 
 GG00BJ0JVY01     69,495,459          69,495,459          67,662,546          0       67,662,546      0          24.34% 
-------------  ----------------  -------------------  -----------------  ----------  -----------  ---------  -------------- 
 
 B: Qualifying Financial Instruments 
--------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
--------------------------------------------------------------------------------------------------------------------------- 
 Type of financial              Expiration        Exercise/                     Number of voting          % of voting 
  instrument                     date (xiii)       Conversion                    rights that may           rights 
                                                   Period (xiv)                  be 
                                                                                 acquired if the 
                                                                                 instrument is 
                                                                                 exercised/ converted. 
-----------------------------  ----------------  ----------------------------  ------------------------  ------------------ 
 
          RED ORD NPV 
        Right of Recall                                                                1,832,913                0.66% 
-----------------------------  ----------------  ----------------------------  ------------------------  ------------------ 
 
 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 
-----------------------------------------------------------------  -------------------------------------------------------- 
 69,495,459                                                         25.00% 
-----------------------------------------------------------------  -------------------------------------------------------- 
 
 
 
 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) - 69,495,459 (25.00%) 
   M&G Group Limited (wholly owned subsidiary of Prudential plc) - 69,495,459 
   (25.00%) 
   M&G Limited (wholly owned subsidiary of M&G Group Limited) - 69,495,459 
   (25.00%) 
   M&G Investment Management Limited (wholly owned subsidiary of M&G Limited) 
   - 69,495,459 (25.00%) 
   The Prudential Assurance Company Limited (wholly owned subsidiary of 
   Prudential plc) - 67,534,813 (24.29%) 
 
 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: 
-------------------------------------------------------  ----------------------------- 
 
                                            Notification now made under the amending 
  13. Additional information:                EU Transparency Directive. 
-----------------------------------------  ------------------------------------------- 
 14. Contact name:                          Owen Smith / James Todd 
                                             M&G Investment Management Limited 
-----------------------------------------  ------------------------------------------- 
 15. Contact telephone number:              020 7004 4517 / 020 7548 2293 
-----------------------------------------  ------------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLBBBDBLDDBGUR

(END) Dow Jones Newswires

November 27, 2015 06:28 ET (11:28 GMT)

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