Bank of Ireland Group PLC Notification of Major Holdings (1565C)

TIDMBIRG TIDMPRU

RNS Number : 1565C

Bank of Ireland Group PLC

27 September 2018

Standard Form TR-1

Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS

(to be sent to the relevant issuer and to the Central Bank of Ireland)

 
 1. Identity of the issuer or the underlying issuer of existing shares 
  to which voting rights are attached: 
  Bank of Ireland Group plc 
 2. Reason for the notification (please tick the appropriate box or boxes): 
 
  [] An acquisition or disposal of voting rights 
  [] An acquisition or disposal of financial instruments 
  [] An event changing the breakdown of voting rights 
  [X] Other (please specify): 
  Please See Additional Information 
 3. Details of person subject to the notification obligation: 
 Name:                             City and country of registered office (if applicable): 
 Prudential plc group of            London, England 
 companies 
                                  ---------------------------------------------------------------------------------- 
 4. Full name of shareholder(s) (if different from 3.): 
 5. Date on which the threshold was crossed or reached: 
  24 September 2018 
 6. Date on which issuer notified: 
  26 September 2018 
 7. Threshold(s) that is/are crossed or reached: 
  3% 
 8. Total positions of person(s) subject to the notification obligation: 
                                   % of voting rights    % of voting rights                        Total number 
                                   attached to shares     through financial     Total of both       of voting rights 
                                   (total of 9.A)         instruments           in % (9.A + 9.B)    of issuer 
                                                          (total of 9.B.1 
                                                          + 9.B.2) 
                                  --------------------  -------------------  -------------------  ------------------ 
 Resulting situation 
  on the date on 
  which threshold 
  was crossed or 
  reached                                        2.95%                  N/A                2.95%       1,078,822,872 
                                  --------------------  -------------------  -------------------  ------------------ 
 Position of previous 
  notification (if 
  applicable)                                    3.03%                  N/A                3.03% 
                                  --------------------  -------------------  -------------------  ------------------ 
 
 
 
 9. Notified details of the resulting situation on the date on which the 
  threshold was crossed or reached: 
 A: Voting rights attached to shares 
 Class/type of            Number of voting rights      % of voting rights 
  shares 
  ISIN code (if 
  possible) 
                         ---------------------------  --------------------------- 
 
                            Direct        Indirect       Direct        Indirect 
                         -----------                  -----------  -------------- 
ORD EUR1 
 IE00BD1RP616                             31,836,285                        2.95% 
                         -----------  --------------  -----------  -------------- 
 
 
 SUBTOTAL A                               31,836,285                        2.95% 
                         ---------------------------  --------------------------- 
 
 
 B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations 
                                                               Number of voting 
   Type of financial     Expiration     Exercise/ Conversion   rights that may 
   instrument            date           Period                 be acquired if the                   % of voting rights 
                                                               instrument is 
                                                               exercised/converted. 
                      -------------  -----------------------  ---------------------------------  --------------------- 
 
 
 
                                      SUBTOTAL B.1 
                                     -----------------------  ---------------------------------  --------------------- 
 
 
 B 2: Financial Instruments with similar economic effect according to Regulation 
  17(1)(b) of the Regulations 
 Type of financial   Expiration   Exercise/ Conversion   Physical or        Number of 
  instrument          date         Period                 cash settlement    voting rights     % of voting rights 
                    -----------  ---------------------  -----------------  ---------------  --------------------- 
 
 
 
                                                         SUBTOTAL B.2 
                                                        -----------------  ---------------  --------------------- 
 
 
 10. Information in relation to the person subject to the notification obligation 
  (please tick the applicable box): 
 
  [ ] Person subject to the notification obligation is not controlled by 
  any natural person or legal entity and does not control any other undertaking(s) 
  holding directly or indirectly an interest in the (underlying) issuer. 
 
  [X] Full chain of controlled undertakings through which the voting rights 
  and/or the 
  financial instruments are effectively held starting with the ultimate controlling 
  natural person or legal entity: 
                                          % of voting rights 
   Name      % of voting rights            through financial       Total of both if 
             if it equals or is            instruments if it       it equals or is higher 
             higher than the notifiable    equals or is higher     than the notifiable 
             threshold                     than the notifiable     threshold 
                                           threshold 
          -----------------------------  ---------------------  ------------------------- 
Prudential plc (parent Company) - 31,836,285 - (2.95%) 
 
 11. In case of proxy voting: [name of the proxy holder] will cease to hold 
  [% and number] voting rights as of [date] 
 
 12. Additional information: 
 
  We no longer hold a notifiable interest. 
 
  After a review of The Transparency (Directive 2004/109/EC) Regulations 
  2007, Prudential plc has deemed that Jackson National Asset Management 
  ('JNAM') will no longer be aggregated in filings with immediate effect. 
  JNAM has delegated to Sub-Advisers the power to vote the Funds' portfolio 
  securities and the power to dispose of those securities. In addition, JNAM 
  does not exercise investment discretion over the Funds, because it does 
  not have the power to decide which securities are bought and sold. 
 

Done at Dublin on 27 September 2018

Contact: Helen Nolan, Group Secretary

Telephone: [phone]

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

HOLEAPNXASKPEEF

(END) Dow Jones Newswires

September 27, 2018 05:00 ET (09:00 GMT)