BBGI SICAV S.A. TR-1: Notification of Major Interest in Shares (6028K)

TIDMBBGI TIDMPRU

RNS Number : 6028K

BBGI SICAV S.A.

22 September 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
----------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                         BBGI SICAV S.A. 
  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                                 X 
----------------------------------------------------------  ----------------------------------- 
 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)                                   Prudential plc group of companies 
  subject to the 
  notification obligation: 
  (iii) 
----------------------------------------------------------  ----------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv)                                           Prudential plc 
                                                               The Prudential Assurance Company 
                                                                           Limited 
                                                                      M&G Group Limited 
                                                                         M&G Limited 
                                                                  M&G Investment Management 
                                                                           Limited 
----------------------------------------------------------  ----------------------------------- 
 5. Date of the transaction                                          21 September 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
----------------------------------------------------------  ----------------------------------- 
 6. Date on which issuer                                             22 September 2016 
  notified: 
----------------------------------------------------------  ----------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                     16% - 14% 
----------------------------------------------------------  ----------------------------------- 
 
 
 
 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 NPV 
     LU0686550053       69,273,869       69,273,869       64,271,669        0       64,271,669         0          14.87% 
-------------------  ---------------  ----------------  --------------  ---------  ------------  ------------  ----------- 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of financial        Expiration     Exercise/                         Number of voting           % of voting 
  instrument               date           Conversion                        rights that                rights 
                           (xiii)         Period (xiv)                      may be 
                                                                            acquired if 
                                                                            the 
                                                                            instrument 
                                                                            is 
                                                                            exercised/ 
                                                                            converted. 
-----------------------  -------------  --------------------------------  -------------------------  --------------------- 
        ORD NPV                                                                     25,908                   0.01% 
      LU0686550053 
    (Right of Recall) 
-----------------------  -------------  --------------------------------  -------------------------  --------------------- 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of financial      Exercise       Expiration      Exercise/         Number of voting           % of voting 
  instrument             price         date            Conversion         rights instrument          rights (xix, 
                                       (xvii)          period             refers to                  xx) 
                                                       (xviii) 
---------------------  -------------  --------------  ----------------  -------------------------  ----------------------- 
                                                                                                    Nominal       Delta 
---------------------  -------------  --------------  ----------------  -------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
-------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                   Percentage of voting rights 
--------------------------------------------------------  ---------------------------------------------------------------- 
 64,297,577                                                14.88% 
--------------------------------------------------------  ---------------------------------------------------------------- 
 
 
 
 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) - 64,297,577 (14.88%) 
   M&G Group Limited (wholly owned subsidiary of Prudential 
   plc) - 64,297,577 (14.88%) 
   M&G Limited (wholly owned subsidiary of M&G Group Limited) 
   - 64,297,577 (14.88%) 
   M&G Investment Management Limited (wholly owned subsidiary 
   of M&G Limited) - 64,297,577 (14.88%) 
   The Prudential Assurance Company Limited (wholly owned 
   subsidiary of Prudential plc) - 61,534,707 (14.24%) 
 
 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: 
--------------------------------------------------------  --------------------------- 
 14. Contact name:                                         Owen Smith / James Todd 
                                                            M&G Investment Management 
                                                            Limited 
--------------------------------------------------------  --------------------------- 

                                                           020 7004 4517 / 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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September 22, 2016 10:41 ET (14:41 GMT)