Xchanging PLC Holding(s) in Company (9116X)

TIDMXCH TIDMLGEN

RNS Number : 9116X

Xchanging PLC

11 May 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
------------------------------------------------------------------------------------------------ 
 
 1. Identity of the issuer or                                            Xchanging Plc 
  the underlying 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                              Yes 
---------------------------------------------------------------  ------------------------------- 
 
   Other (please 
   specify): 
--------------------------------------------------------  -----  ------------------------------- 
 3. Full name of person(s) 
  subject to the                                                   Legal & General Group Plc 
  notification obligation:                                                  (Group) 
 
                                                                  Legal & General Investment 
                                                                   Management Limited (LGIM) 
----------------------------------------------------------  ------------------------------------ 
 4. Full name of shareholder(s)                                   Legal & General Assurance 
  (if different from 3.):                                       Society Limited (LGAS & LGPL) 
----------------------------------------------------------  ------------------------------------ 
                                                                         06 May 2016 
   5. Date of the transaction 
   and date on 
   which the threshold is 
   crossed or 
   reached: 
----------------------------------------------------------  ------------------------------------ 
 6. Date on which issuer                                                 10 May 2016 
  notified: 
----------------------------------------------------------  ------------------------------------ 
 7. Threshold(s) that is/are                                     LGIM (Below 5%), L&G (Below 
  crossed or                                                                 3%) 
  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 
                      of                of                                    rights                    rights 
                    Shares            Voting 
                                      Rights 
-------------  ---------------  -----------------                   ------------------------  ------------------------ 
                                                        Number         Direct      Indirect      Direct      Indirect 
                                                       of shares 
-------------    -------------    -------------    ---------------  -----------  -----------  -----------  ----------- 
   Ordinary                                             Below 
      5p                                                  3% 
                            9,090,715                    (L&G) 
                                L&G 
-------------  ----------------------------------  ---------------  --------                  ------ 
                            12,956,640                  Below 
                                                          5% 
                               LGIM                     (LGIM)                  -                         - 
-------------  ----------------------------------  ---------------  ------------------------  ------------------------ 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
                                                                               Number of 
   Type of financial              Expiration        Exercise/                   voting                   % of voting 
   instrument                     date              Conversion                  rights that              rights 
                                                    Period                      may be 
                                                                                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 
  financial         price            date               Conversion     rights instrument         rights 
  instrument                                            period         refers to 
---------------  ---------------  -----------------  -------------  ------------------------  ------------------------ 
                                                                                                Nominal       Delta 
---------------  ---------------  -----------------  -------------  ------------------------  -----------  ----------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                             Percentage of voting rights 
------------------------------------------------------------------  -------------------------------------------------- 
 
                                                        Below 3% 
                                                          (L&G) 
---------------------------------------------------------------------------------------------------------------------- 
                                                        Below 5% 
                                                         (LGIM) 
---------------------------------------------------------------------------------------------------------------------- 
 
 
 
 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) (Below 5% = Total 
                                                                                                           Position) 
                                                                               Legal & General Investment Management 
                                                                              (Holdings) Limited (LGIMH) (Direct and 
                                                                                                    Indirect) (Below 
                                                                                                5% = Total Position) 
                                                                               Legal & General Investment Management 
                                                                         Limited (Indirect) (LGIM) (Below 5% = Total 
                                                                                                           Position) 

                                              Legal & General Group Plc (Direct) (L&G) (Below 3% = LGAS, LGPL & PMC) 
                              Legal & General Investment Management       Legal & General Insurance Holdings Limited 
                                                         (Holdings) Limited (Direct) (LGIMHD)        (Direct) (LGIH) 
                               Legal & General Assurance (Pensions         Legal & General Assurance Society Limited 
                                                           Management) Limited (PMC)                   (LGAS & LGPL) 
                                                                           Legal & General Pensions Limited (Direct) 
                                                                                                              (LGPL) 
 
 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: 
-----------------------------------------------------------------------------  ------------------------------------- 
 
                                                                                    Notification using the total 
  13. Additional information:                                                    voting rights figure of 248,051,399 
-----------------------------------------------------------------------------  ------------------------------------- 
 14. Contact name:                                                                      Amy Williams (LGIM) 
-----------------------------------------------------------------------------  ------------------------------------- 
 15. Contact telephone number:                                                             029 2035 4097 
-----------------------------------------------------------------------------  ------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLLIFSTEAILLIR

(END) Dow Jones Newswires

May 11, 2016 04:51 ET (08:51 GMT)