Bovis Homes Group PLC Holding(s) in Company (0016O)

TIDMBVS TIDMPRU

RNS Number : 0016O

Bovis Homes Group PLC

03 February 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or the underlying                                            Bovis Homes Group PLC 
  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) subject                                              Prudential plc group of companies 
  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 Investment Management Limited 
------------------------------------------------------------------------  -------------------------------------------- 
 5. Date of the transaction and date                                                    01 February 2016 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
------------------------------------------------------------------------  -------------------------------------------- 
 6. Date on which issuer notified:                                                      02 February 2016 
------------------------------------------------------------------------  -------------------------------------------- 
 7. Threshold(s) that is/are crossed                                                       See item 13 
  or 
  reached: (vi, vii) 
------------------------------------------------------------------------  -------------------------------------------- 
 
 
 
 8. Notified details: 
----------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
----------------------------------------------------------------------------------------------------------------------------- 
 Class/type of          Situation previous                  Resulting situation after the triggering 
  shares                 to the triggering                   transaction 
                         transaction 
  if possible 
  using 
  the ISIN CODE 
---------------------  ----------------------------------  ------------------------------------------------------------------ 
                        Number            Number            Number          Number of voting         % of voting rights 
                         of                of                of shares       rights                   (x) 
                         Shares            Voting 
                                           Rights 
-------------------    ----------------  ----------------  --------------  -----------------------  ------------------------- 
                                                            Direct          Direct     Indirect      Direct      Indirect 
                                                                            (xi)        (xii) 
-------------------      ------------      ------------    --------------  ---------  ------------  ----------  ------------- 
 
      ORD GBP0.50 
      GB0001859296         6,884,533         6,884,533        6,764,533        0        6,764,533        0          5.03% 
---------------------  ----------------  ----------------  --------------  ---------  ------------  ----------  ------------- 
 
 B: Qualifying Financial Instruments 
----------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------------------- 
 Type of financial        Expiration        Exercise/                         Number of voting         % of voting 
  instrument               date (xiii)       Conversion                        rights that may          rights 
                                             Period (xiv)                      be 
                                                                               acquired if the 
                                                                               instrument is 
                                                                               exercised/ converted. 
-----------------------  ----------------  --------------------------------  -----------------------  ----------------------- 
      ORD GBP0.50                                                                    252,743                   0.19% 
      GB0001859296 
    (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 rights 
  instrument          price             date (xvii)       Conversion       rights instrument          (xix, xx) 
                                                          period           refers to 
                                                          (xviii) 
-------------------  ----------------  ----------------  --------------  -------------------------  ------------------------- 
                                                                                                     Nominal       Delta 
-------------------  ----------------  ----------------  --------------  -------------------------  ------------  ----------- 
 
 
 Total (A+B+C) 
----------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                                  Percentage of voting rights 
-----------------------------------------------------------------------  ---------------------------------------------------- 
 7,017,276                                                                5.22% 
-----------------------------------------------------------------------  ---------------------------------------------------- 
 
 
 
 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) - 7,017,276 (5.22%) 
   M&G Group Limited (wholly owned subsidiary of Prudential plc) - 6,949,116 
   (5.17%) 
   M&G Limited (wholly owned subsidiary of M&G Group Limited) - 6,949,116 
   (5.17%) 
   M&G Investment Management Limited (wholly owned subsidiary of M&G Limited) 
   - 6,949,116 (5.17%) 
 
 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: 
-------------------------------------------------------------  ----------------------------------------------------- 
 
 
  13. Additional information:                                     The below entities have moved from a 5% to 
                                                                  a 4% indirect notifiable interest excluding 
                                                                  the right of recall under the Qualifying Financial 
                                                                  Instruments. 
 

February 03, 2016 11:45 ET (16:45 GMT)

                                                                  M&G Group Limited (wholly owned subsidiary 
                                                                  of Prudential plc) 
 
                                                                  M&G Limited (wholly owned subsidiary of M&G 
                                                                  Group Limited) 
 
                                                                  M&G Investment Management Limited (wholly 
                                                                  owned subsidiary of M&G Limited) 
-------------------------------------------------------------  ----------------------------------------------------- 
 14. Contact name:                                              Ravi Patel / Owen Smith / James Todd 
                                                                 M&G Investment Management Limited 
-------------------------------------------------------------  ----------------------------------------------------- 
 15. Contact telephone number:                                  020 7004 4177 / 020 7004 4517 / 020 7548 2293 
-------------------------------------------------------------  ----------------------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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February 03, 2016 11:45 ET (16:45 GMT)