Provident Financial PLC Holding(s) in Company (8532W)

TIDMPFG TIDMPRU

RNS Number : 8532W

Provident Financial PLC

29 April 2016

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
 
 
 1. Identity of the issuer      Provident Financial 
  or the underlying issuer              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 
----------------------------------------------- 
 An acquisition or disposal of qualifying         X 
  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 
  subject to the notification              of companies 
  obligation: (iii) 
---------------------------------  -------------------------- 
 4. Full name of shareholder(s)          Prudential plc 
  (if different from 3.):            The Prudential Assurance 
  (iv)                                   Company Limited 
---------------------------------  -------------------------- 
 5. Date of the transaction               27 April 2016 
  and date on which the threshold 
  is crossed or reached: (v) 
---------------------------------  -------------------------- 
 6. Date on which issuer                  28 April 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               Resulting situation after 
  of                 previous                the triggering transaction 
  shares             to the triggering 
                     transaction 
  if possible 
  using 
  the ISIN 
  CODE 
-----------------  ----------------------  --------------------------------------------------- 
                    Number      Number      Number      Number of            % of voting 
                     of          of          of          voting               rights (x) 
                     Shares      Voting      shares      rights 
                                 Rights 
-----------------  ----------  ----------  ----------  -------------------  ------------------ 
                                            Direct      Direct   Indirect    Direct   Indirect 
                                                         (xi)     (xii) 
-----------------  ----------  ----------  ----------  -------  ----------  -------  --------- 
 ORD GBP0.207272 
  GB00B1Z4ST84      4,457,076   4,457,076   4,417,775     0      4,417,775     0       2.99% 
-----------------  ----------  ----------  ----------  -------  ----------  -------  --------- 
 
 
 B: Qualifying Financial Instruments 
----------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------- 
 Type of financial    Expiration    Exercise/      Number of      % of voting 
  instrument           date          Conversion     voting         rights 
                       (xiii)        Period         rights that 
                                     (xiv)          may be 
                                                    acquired 
                                                    if the 
                                                    instrument 
                                                    is 
                                                    exercised/ 
                                                    converted. 
-------------------  ------------  -------------  -------------  ------------ 
 ORD GBP0.207272 
  GB00B1Z4ST84 
  (Right Of 
  Recall)                                          221,575        0.15% 
------------------------------------------------  -------------  ------------ 
 
 
 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     % of voting 
  financial     price      date         Conversion    voting        rights (xix, 
  instrument               (xvii)       period        rights        xx) 
                                        (xviii)       instrument 
                                                      refers 
                                                      to 
------------  ---------  -----------  ------------  ------------  ---------------- 
                                                                   Nominal   Delta 
------------  ---------  -----------  ------------  ------------  --------  ------ 
 
 
 
 Total (A+B+C) 
----------------------------------------------- 
 Number of voting rights   Percentage of voting 
                            rights 
------------------------  --------------------- 
  4,639,350                3.14% 
------------------------  --------------------- 
 
 
 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) - 4,639,350 (3.14%) 
   The Prudential Assurance Company Limited - 4,639,350 
   (3.14%) 
------------------------------------------------------------ 
 
 
 Proxy Voting: 
------------------------------------- 
 10. Name of the proxy holder:    N/A 
------------------------------  ----- 
 11. Number of voting rights     N/A 
  proxy holder will cease 
  to hold: 
------------------------------  ----- 
 12. Date on which proxy         N/A 
  holder will cease to hold 
  voting rights: 
------------------------------  ----- 
 
 
 13. Additional information:       As per the non-exempt 
                                    rules, Prudential plc 
                                    has moved below a 3% 
                                    indirect notifiable 
                                    interest, excluding 
                                    the right of recall 
                                    under the Qualifying 
                                    Financial Instruments. 
-------------------------------  ------------------------- 
 14. Contact name:                Emma Versluys 
-------------------------------  ------------------------- 
 15. Contact telephone number:    01274 351 351 
-------------------------------  ------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 29, 2016 07:39 ET (11:39 GMT)