Holding(s) in Company (4640C)

TIDMASD TIDMLGEN

RNS Number : 4640C

Axis-Shield PLC

07 March 2011

Financial Services Authority

 
  TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
  ----------------------------------------------- 
------------------------------------------------------------------------------ 
 
 1. Identity of the issuer or the                    Axis Shield PLC 
 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 
--------------------------------------------------------------------  -------- 
 Other (please 
  specify): 
--------------  ----------------------------------------------------  -------- 
 3. Full name of person(s) subject        Legal & General Group Plc (L&G) 
  to the 
  notification obligation: 
----------------------------------  ------------------------------------------ 
 4. Full name of shareholder(s)         Legal & General Assurance (Pensions 
  (if different from 3.):            Management) Limited (PMC) Legal & General 
                                      Assurance Society Limited (LGAS & LGPL) 
----------------------------------  ------------------------------------------ 
 5. Date of the transaction and                    03 March 2011 
 date on which the threshold is 
 crossed or reached: 
----------------------------------  ------------------------------------------ 
 6. Date on which issuer notified:                 04 March 2011 
----------------------------------  ------------------------------------------ 
 7. Threshold(s) that is/are                    L&G (From 6% to 7%) 
 crossed or reached: 
----------------------------------  ------------------------------------------ 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares 
------------------------------------------------------------------------------------------------------------------------ 
 Class/type 
 of shares 
 if 
 possible              Situation previous 
 using the              to the triggering                         Resulting situation after the triggering 
 ISIN CODE                 transaction                                           transaction 
-----------  -------------------------------------  -------------------------------------------------------------------- 
                                     Number 
                 Number                of 
                    of               Voting             Number           Number of voting              % of voting 
                  Shares             Rights            of shares               rights                     rights 
-----------  --------------  ---------------------  -------------  ----------------------------  ----------------------- 
                                                                      Direct        Indirect       Direct     Indirect 
-----------      ----  ----     ------  -----  ---  --------  ---  ------------  --------------  ---------  ------------ 
 Ordinary                  3,033,796 
  35p                  (As on 16/02/2011)             3,793,236      3,793,236                     7.58% 
-----------  -------------------------------------  -------------  ------------  --------------  ---------  ------------ 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------ 
                                                                         Number of voting 
                                                                          rights that may 
                                                                          be 
                                                                          acquired if the 
 Type of financial      Expiration       Exercise/                        instrument is               % of voting 
  instrument             date             Conversion Period               exercised/ converted.        rights 
---------------------  ---------------  ------------------------------  ---------------------------  ------------------- 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments 
------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------ 
 Type of                                        Exercise/      Number of voting 
 financial        Exercise       Expiration      Conversion     rights instrument 
 instrument        price          date           period         refers to                     % of voting rights 
---------------  -------------  -------------  -------------  -----------------------------  --------------------------- 
                                                                                                Nominal         Delta 
---------------  -------------  -------------  -------------  -----------------------------  -------------  ------------ 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                                       Percentage of voting rights 
------------------------------------------------------------  ---------------------------------------------------------- 
                          3,793,236                                                      7.58% 
------------------------------------------------------------  ---------------------------------------------------------- 
 
 
 
 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) ( 4,753,629 -9.50%= Total Position) 
   Legal & General Investment Management (Holdings) 
   Limited (LGIMH) (Direct and Indirect) ( 4,753,629 
   -9.50%= Total Position) 
   Legal & General Investment Management Limited 
   (Indirect) (LGIM) ( 4,753,629 -9.50%= Total 
   Position) 
               Legal & General Group Plc (Direct) (L&G) ( 3,793,236 
                             - 7.58%=LGAS, LGPL & PMC) 
   Legal & General Investment           Legal & General Insurance Holdings 
   Management (Holdings) Limited        Limited (Direct) (LGIH) ( 2,227,012 
   (Direct) (LGIMHD) ( 1,566,224        -4.45%= LGAS & LGPL) 
   -3.13%= PMC) 
   Legal & General Assurance            Legal & General Assurance Society 
   (Pensions Management) Limited        Limited (LGAS & LGPL) ( 2,227,012 
   (PMC) ( 1,566,224 -3.13%= PMC)       -4.45%= LGAS & LGPL) 
                                        Legal & General Pensions Limited 
                                        (Direct) (LGPL) 
 
 Proxy Voting: 
------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                  N/A 
--------------------------------------------------  --------------------------- 
 11. Number of voting rights proxy holder will 
  cease 
  to hold:                                                      N/A 
--------------------------------------------------  --------------------------- 
 12. Date on which proxy holder will cease to 
  hold 
  voting rights:                                                N/A 
--------------------------------------------------  --------------------------- 
 
                                           Notification using the total voting 
 13. Additional information:                   rights figure of 49,996,208 
---------------------------------------  -------------------------------------- 
 14. Contact name:                                  Paul Toon (LGIM) 
---------------------------------------  -------------------------------------- 
 15. Contact telephone number:                        020 3124 3854 
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This information is provided by RNS

The company news service from the London Stock Exchange

END

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