Holding(s) in Company (4307R)

TIDMASD TIDMLGEN

RNS Number : 4307R

Axis-Shield PLC

03 November 2011

Financial Services Authority

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
--------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                  Axis Shield 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                                 Yes 
------------------------------------------------------------------------------  ------- 
 
  Other (please 
  specify): 
-------------------  ---------------------------------------------------------  ------- 
 3. Full name of person(s) subject               Legal & General Group Plc (Group) 
  to the 
  notification obligation:                      Legal & General Investment Management 
                                                           Limited (LGIM) 
 
                                                   Legal & General Group Plc (L&G) 
------------------------------------------  ------------------------------------------- 
 4. Full name of shareholder(s)                                 N/A 
  (if different from 3.): 
------------------------------------------  ------------------------------------------- 
                                                          01 November 2011 
  5. Date of the transaction and date 
  on 
  which the threshold is crossed 
  or 
  reached: 
------------------------------------------  ------------------------------------------- 
 6. Date on which issuer notified:                        02 November 2011 
------------------------------------------  ------------------------------------------- 
 7. Threshold(s) that is/are crossed                      Group (Below 5%) 
  or                                                       LGIM (Below 5%) 
  reached:                                                 L&G (Below 3%) 
------------------------------------------  ------------------------------------------- 
 
 
 
 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 
-------------      ----  ---      ------  -----  ---  ----------  ----------  ---------  ------------  ---------------- 
 Ordinary 35p                 2,903,461                                        LGIM (Below 5%) 
                                (L&G)                                                  & 
                                                                                L&G (Below 3%) 
-------------  -------------------------------------  ----------------------------------------------------------------- 
                              3,837,433 
                                (LGIM) 
-------------  -------------------------------------  ------          ------  ---------      ---  ---      ------------ 
                         (As on 03/10/2011) 
-------------  -------------------------------------  ------          ------  ---------      ---  ---      ------------ 
 
 B: Qualifying Financial Instruments 
----------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------------- 
                                                                       Number of voting 
  Type of financial        Expiration       Exercise/                   rights that may             % of voting 
  instrument               date             Conversion Period           be                          rights 
                                                                        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 
------------------------------------------------------------  --------------------------------------------------------- 
                                                     L&G (Below 3%) 
----------------------------------------------------------------------------------------------------------------------- 
 
                                                     LGIM (Below 5%) 
----------------------------------------------------------------------------------------------------------------------- 
 
 
 
 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           Legal & General Insurance Holdings Limited 
                                          Management (Holdings) Limited        (Direct) (LGIH) 
                                                                             (Direct) (LGIMHD) 
        Legal & General Assurance            Legal & General Assurance Society Limited (LGAS & 
                                                    (Pensions Management) Limited        LGPL) 
                                                                                         (PMC) 
                                              Legal & General Pensions Limited (Direct) (LGPL) 
 
 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 49,997,913 
-----------------------------------------------  --------------------------------------------- 
 14. Contact name:                                              Paul Toon (LGIM) 
-----------------------------------------------  --------------------------------------------- 
 15. Contact telephone number:                                   020 3124 3854 
-----------------------------------------------  --------------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLGCBDBCUGBGBX