Notification of major interest in share (1179Y)

TIDMESG TIDMLGEN

RNS Number : 1179Y

eServGlobal Limited

24 February 2012

Financial Services Authority

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
---------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                       eServGlobal Limited 
  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 
-------------------------------------------------------------  ------------------------------- 
 
  Other (please 
  specify): 
--------------------------------------------------------  ---  ------------------------------- 
 3. Full name of person(s)                                      Legal & General Group Plc 
  subject to the                                                         (Group) 
  notification obligation: 
                                                                Legal & General Investment 
                                                                Management Limited (LGIM) 
 
                                                                Legal & General Group Plc 
                                                                          (L&G) 
--------------------------------------------------------  ------------------------------------ 
 4. Full name of shareholder(s) 
  (if different from 3.):                                       Legal & General Assurance 
                                                              Society Limited (LGAS & LGPL) 
--------------------------------------------------------  ------------------------------------ 
 5. Date of the transaction                                         23 February 2012 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
--------------------------------------------------------  ------------------------------------ 
 6. Date on which issuer                                            24 February 2012 
  notified: 
--------------------------------------------------------  ------------------------------------ 
 7. Threshold(s) that is/are 
  crossed or                                                        Group (Above 15%) 
  reached:                                                           LGIM (Above 15%) 
                                                                 L&G (Move from 3% to 6%) 
--------------------------------------------------------  ------------------------------------ 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type             Situation                             Resulting situation after the triggering 
 of                      previous                                            transaction 
 shares             to the triggering 
                       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 
-----------    -----------    -----------    -----------------  --------------  ------------  ----------  ------------ 
    NPV                                          32,215,061 
                        23,675,900 
                    (As on 05/08/2010) 
                          (LGIM) 
-----------  ------------------------------  -----------------  --------        ------------  -----       --- 
                        7,467,433 
                    (As on 05/08/2010) 
                           (L&G)                                   11,889,844     18,147,589     6.04%        9.22% 
-----------  ------------------------------  ---  ------------  --------------  ------------  ----------  ------------ 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
                                                                           Number of voting 
  Type of financial          Expiration      Exercise/                      rights that                % of voting 
  instrument                 date            Conversion                     may be                     rights 
                                             Period                         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 
-------------  -------------  ------------------  ------------  ----------------------------  ------------------------ 
     CFD            N/A               N/A              N/A                2,177,628               Nominal       Delta 
-------------  -------------  ------------------  ------------  ----------------------------  ---------------  ------- 
                                                                                                   1.11%        1.11% 
-----------    -----------    -----------    ---  ------------  --------  ----  ------------  ---------------  ------- 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                         Percentage of voting rights 
--------------------------------------------------------------  ------------------------------------------------------ 
                                                                                        16.37% 
                           32,215,061 
                             (LGIM) 
--------------------------------------------------------------  ------------------------------------------------------ 
                           11,889,844                                                    6.04% 
                              (L&G) 
--------------------------------------------------------------  ------------------------------------------------------ 
 
 
 
 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) ( 32,215,061 -16.37%= 
                                                                                                     Total Position) 
                                                                               Legal & General Investment Management 
                                                                              (Holdings) Limited (LGIMH) (Direct and 
                                                                                              Indirect) ( 32,215,061 
                                                                                           -16.37% = Total Position) 
                                                                               Legal & General Investment Management 
                                                                            Limited (Indirect) (LGIM) ( 32,215,061 - 
                                                                                                      16.37% = Total 
                                                                                                           Position) 
                                     Legal & General Group Plc (Direct) (L&G) ( 11,889,844 -6.04%= LGAS, LGPL & PMC) 
                              Legal & General Investment Management       Legal & General Insurance Holdings Limited 
                             (Holdings) Limited (Direct) (LGIMHD)        (Direct) (LGIH) ( 11,730,541 -5.96%= LGAS & 
                                                                                                               LGPL) 
                               Legal & General Assurance (Pensions         Legal & General Assurance Society Limited 
                              Management) Limited (PMC)                   (LGAS & LGPL) ( 11,730,541 - 5.96%= 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 196,847,706 
-----------------------------------------------------------------------------  ------------------------------------- 
 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

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