New World Resources Plc NOTIFICATION OF MAJOR INTEREST IN SHARES (4686G)

TIDMNWR TIDMPRU

RNS Number : 4686G

New World Resources Plc

08 August 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                          New World Resources plc 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
-------------------------------------------------------------  -------------------------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
----------------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights 
-----------------------------------------------------------------  ---------------------------------- 
 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                                   X 
-----------------------------------------------------------------  ---------------------------------- 
 Other (please specify): 
---------------------------------------------------------------    ---------------------------------- 
 3. Full name of person(s)                                      Prudential plc group of companies 
  subject to the 
  notification obligation: 
  (iii) 
---------------------------------------------------------  ------------------------------------------ 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv)                                             Prudential plc 
                                                                         M&G Group Limited 
                                                                            M&G Limited 
                                                                    M&G Alternatives Investment 
                                                                        Management Limited 
                                                                     M&G Investment Management 
                                                                              Limited 
---------------------------------------------------------  ------------------------------------------ 
 5. Date of the transaction                                              04 August 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
---------------------------------------------------------  ------------------------------------------ 
 6. Date on which issuer                                                 05 August 2016 
  notified: 
---------------------------------------------------------  ------------------------------------------ 
 7. Threshold(s) that is/are 
  crossed or                                                                See item 13 
  reached: (vi, vii) 
---------------------------------------------------------  ------------------------------------------ 
 
 
 
 8. Notified details: 
-------------------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
-------------------------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                              Resulting situation after the 
  of             to the triggering                               triggering transaction 
  shares         transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
-------------  ----------------------------------------------  ----------------------------------------------------------------------- 
                Number                      Number              Number              Number of                      % of voting 
                 of                          of                  of shares           voting                         rights (x) 
                 Shares                      Voting                                  rights 
                                             Rights 
-------------  --------------------------  ------------------  ------------------  -----------------------------  -------------------- 
                                                                Direct              Direct     Indirect            Direct     Indirect 
                                                                                     (xi)       (xii) 
-------------      ---------  -----------      --------------  ------------------  ---------  ------------------  ---------  --------- 
     ORD 
  GBP0.0004 
 GB00B42CTW68         1,092,482,588           1,092,482,588       1,092,482,588        0         1,092,482,588        0        22.18% 
-------------  --------------------------  ------------------  ------------------  ---------  ------------------  ---------  --------- 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration                Exercise/             Number of voting               % of voting 
 financial           date                      Conversion            rights that                    rights 
 instrument          (xiii)                    Period (xiv)          may be 
                                                                     acquired if 
                                                                     the 
                                                                     instrument 
                                                                     is 
                                                                     exercised/ 
                                                                     converted. 
-----------------  ------------------------  --------------------  -----------------------------  ------------------------------------ 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
-------------------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise     Expiration       Exercise/         Number of voting               % of voting 
 financial        price         date             Conversion        rights instrument              rights (xix, 
 instrument                     (xvii)           period            refers to                      xx) 
                                                 (xviii) 
---------------  -----------  ---------------  ----------------  -----------------------------  -------------------------------------- 
                                                                                                 Nominal             Delta 
---------------  -----------  ---------------  ----------------  -----------------------------  ------------------  ------------------ 
 
 
 Total (A+B+C) 
-------------------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                          Percentage of voting rights 
---------------------------------------------------------------  --------------------------------------------------------------------- 
 1,092,482,588                                                    22.18% 
---------------------------------------------------------------  --------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
--------------------------------------------------------------------------------------------- 
 
   Prudential plc (parent Company) - 1,092,482,588 (22.18%) 
   M&G Group Limited (wholly owned subsidiary of Prudential 
   plc) - 1,092,482,588 (22.18%) 
   M&G Limited (wholly owned subsidiary of M&G Group Limited) 
   - 1,092,482,588 (22.18%) 
   M&G Alternatives Investment Management Limited (wholly 
   owned subsidiary of M&G Limited) 
   - 868,244,304 (17.63%) 
   M&G Investment Management Limited (wholly owned subsidiary 
   of M&G Limited) - 1,092,482,588 (22.18%) 
 
 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: 
--------------------------------------------------------  ----------------------------------- 
 
 
  13. Additional information:                                The following entity has 
                                                             triggered this notification 
                                                             moving from an 18% to a 17% 

                                                             notifiable interest: 
 
                                                             M&G Alternatives Investment 
                                                             Management Limited (wholly 
                                                             owned subsidiary of M&G Limited) 
--------------------------------------------------------  ----------------------------------- 
 14. Contact name:                                         John Baker / James Todd 
                                                            M&G Investment Management 
                                                            Limited 
--------------------------------------------------------  ----------------------------------- 
                                                           020 7548 2561 / 020 7548 
 15. Contact telephone number:                              2293 
--------------------------------------------------------  ----------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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August 08, 2016 02:00 ET (06:00 GMT)