Xaar PLC Notification of Major Interest in Shares (5074A)

TIDMXAR TIDMLGEN

RNS Number : 5074A

Xaar PLC

24 March 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
------------------------------------------------------------------------------------------------------------------------ 
 
 1. Identity of the issuer or the underlying                                                Xaar Plc 
  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: 
                                                                              Legal & General (Unit Trust Managers) 
                                                                                          Limited (UTM) 
--------------------------------------------------------------------  -------------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.): 
                                                                            Legal & General Assurance Society Limited 
                                                                                             (LGAS ) 
 
                                                                               Legal & General Assurance (Pensions 
                                                                                    Management) Limited (PMC) 
--------------------------------------------------------------------  -------------------------------------------------- 
                                                                                         22 March 2017 
   5. Date of the transaction and date 
   on 
   which the threshold is crossed 
   or 
   reached: 
--------------------------------------------------------------------  -------------------------------------------------- 
 6. Date on which issuer notified:                                                       24 March 2017 
--------------------------------------------------------------------  -------------------------------------------------- 
 7. Threshold(s) that is/are crossed                                                    UTM (Above 5%) 
  or 
  reached: 
--------------------------------------------------------------------  -------------------------------------------------- 
 
 
 
 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 rights 
                      of               of                              rights 
                    Shares           Voting 
                                     Rights 
-------------  ---------------  ---------------  ------------  ---------------------  --------------------- 
                                                    Number      Direct    Indirect      Direct    Indirect 
                                                   of shares 
-------------    -------------   -------------   ------------  -------  ------------  ---------  ---------- 
                              UTM 
 
 Ordinary 10p               Below 5%                3,971,873      -       3,971,873       -         5.10% 
-------------  --------------------------------  ------------  -------  ------------  ---------  ---------- 
 
 B: Qualifying Financial Instruments 
----------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------- 
                                                                Number of voting 
  Type of           Expiration      Exercise/                   rights that may          % of voting 
  financial         date            Conversion Period           be                       rights 
  instrument                                                    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 rights 
  financial        price          date            Conversion      rights instrument 
  instrument                                      period          refers to 
--------------  --------------  --------------  -------------  ---------------------  --------------------- 
                                                                                       Nominal      Delta 
--------------  --------------  --------------  -------------  ---------------------  ---------  ---------- 
 
 
 Total (A+B+C) 
----------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                        Percentage of voting rights 
-------------------------------------------------------------  -------------------------------------------- 
 
                              UTM 
 
                           3,971,873                                                5.10% 
-------------------------------------------------------------  -------------------------------------------- 
 
 
 
 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) ( 7,370,329 - 9.47%= 
                                                                                                     Total Position) 
                                        Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and 
                                                                                               Indirect) ( 7,370,329 
                                                                                            - 9.47%= Total Position) 
                                       Legal & General Investment Management Limited (Indirect) (LGIM) ( 7,370,329 - 
                                                                                                        9.47%= Total 
                                                                                                           Position) 
                                              Legal & General (Unit Trust Managers) Limited ( 3,971,873 -5.10%= UTM) 
                                           Legal & General Group Plc (Direct) (L&G) ( 3,397,470 - 4.37%=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 holder will                                                   N/A 
  cease 
  to hold: 
------------------------------------------------------------------------------  ------------------------------------ 
 12. Date on which proxy holder will cease to                                                    N/A 
  hold 
  voting rights: 
------------------------------------------------------------------------------  ------------------------------------ 
 
                                                                                 Notification using the total voting 
  13. Additional information:                                                        rights figure of 77,817,517 
------------------------------------------------------------------------------  ------------------------------------ 
 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

END

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March 24, 2017 10:42 ET (14:42 GMT)