FBD Holdings PLC Holding(s) in Company TR1 (8560I)

TIDMFBH TIDMPRU

RNS Number : 8560I

FBD Holdings PLC

02 September 2016

Standard Form TR-1

Standard form for notification of major holdings

 
 1. Identity of the issuer or the underlying issuer of 
  existing shares to which voting rights are attachedii: 
  FBD Holdings plc 
----------------------------------------------------------------------------------------------------- 
 2. Reason for the notification (please tick the appropriate 
  box or boxes): 
 
  [X] An acquisition or disposal of voting rights 
  [ ] An acquisition or disposal of financial instruments 
  [ ] An event changing the breakdown of voting rights 
  [ ] Other (please specify)iii: 
----------------------------------------------------------------------------------------------------- 
 3. Details of person subject to the notification obligationiv 
  : 
 Name:                     City and country of registered office 
  Prudential plc group      (if applicable): 
  of companies              London, England 
------------------------  --------------------------------------------------------------------------- 
 4. Full name of shareholder(s) (if different from 3.)v: 
  Prudential plc 
  M&G Group Limited 
  M&G Limited 
  M&G Investment Management Limited 
  M&G Securities Limited 
----------------------------------------------------------------------------------------------------- 
 5. Date on which the threshold was crossed or reachedvi: 
  01 September 2016 
----------------------------------------------------------------------------------------------------- 
 6. Date on which issuer notified: 
  02 September 2016 
----------------------------------------------------------------------------------------------------- 
 7. Threshold(s) that is/are crossed or reached: 
  5% - 6% 
----------------------------------------------------------------------------------------------------- 
 8. Total positions of person(s) subject to the notification 
  obligation: 
----------------------------------------------------------------------------------------------------- 
                           % of voting        % of voting                                Total number 
                           rights attached     rights through            Total of both    of voting 
                           to shares           financial instruments     in % (9.A        rights of 
                           (total of           (total of 9.B.1           + 9.B)           issuervii 
                           9.A)                + 9.B.2) 
------------------------  -----------------  -----------------------  ----------------  ------------- 
 Resulting 
  situation 
  on the date 
  on which threshold 
  was crossed 
  or reached              6.00%              N/A                      6.00%             34,666,201 
------------------------  -----------------  -----------------------  ----------------  ------------- 
 Position of 
  previous notification 
  (if applicable)         5.42%              N/A                      5.42%             34,648,122 
------------------------  -----------------  -----------------------  ----------------  ------------- 
 
 
 
 9. Notified details of the resulting situation on the 
  date on which the threshold was crossed or reachedviii: 
----------------------------------------------------------------------- 
 A: Voting rights attached to shares 
----------------------------------------------------------------------- 
 Class/type          Number of voting rightsix     % of voting rights 
  of shares 
  ISIN code 
  (if possible) 
------------------  ----------------------------  --------------------- 
 
                        Direct        Indirect      Direct    Indirect 
------------------  ------------  --------------  --------  ----------- 
ORD EURO0.60 
 IE0003290289                     2,080,357                 6.00% 
------------------  ------------  --------------  --------  ----------- 
 
 
 SUBTOTAL 
  A                 2,080,357                     6.00% 
------------------  ----------------------------  --------------------- 
 
 
 B 1: Financial Instruments according to Regulation 17(1)(a) 
  of the Regulations 
------------------------------------------------------------------------------------------------------- 
                                                               Number of voting 
   Type of financial     Expiration     Exercise/ Conversion    rights that 
   instrument            datex          Periodxi                may be acquired             % of voting 
                                                                if the instrument           rights 
                                                                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/     Physical         Number 
  instrument          datex        Conversion    or cash          of voting     % of voting 
                                   Period xi     settlementxii    rights        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.xiii 
 
  [ ] 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 entityxiv: 
                                    % of voting rights 
   Namexv     % of voting rights     through financial     Total of both 
              if it equals           instruments if        if it equals 
              or is higher           it equals or          or is higher 
              than the notifiable    is higher than        than the notifiable 
              threshold              the notifiable        threshold 
                                     threshold 
---------  ----------------------  -------------------  ---------------------- 
Prudential plc (parent Company) - 2,080,357 (6.00%) 
------------------------------------------------------------------------------ 
M&G Group Limited (wholly owned subsidiary of Prudential 
 plc) - 2,080,357 (6.00%) 
------------------------------------------------------------------------------ 
M&G Limited (wholly owned subsidiary of M&G Group Limited) 
 - 2,080,357 (6.00%) 
------------------------------------------------------------------------------ 
M&G Investment Management Limited (wholly owned subsidiary 
 of M&G Limited) - 2,080,357 (6.00%) 
------------------------------------------------------------------------------ 
M&G Securities Limited (wholly owned subsidiary of M&G 
 Limited) - 1,968,526 (5.67%) 
------------------------------------------------------------------------------ 
 
 11. In case of proxy voting: [name of the proxy holder] 
  will cease to hold [% and number] voting rights as of 
  [date] 
------------------------------------------------------------------------------ 
 
 12. Additional informationxvi: 
------------------------------------------------------------------------------ 
 

Completed in London on 02 September 2016

Annex: Notification of major holdings (only to be filed with the Central Bank of Ireland and not with the relevant issuer)

 
 A: Identity of the person subject to the notification 
  obligation 
----------------------------------------------------------- 
 Full name (including legal form for legal entities) 
  Prudential Group of companies - please see attached forms 
  for details. 
----------------------------------------------------------- 
 Contact address (registered office for legal entities) 
  Laurence Pountney Hill, London EC4R 0HH, England 
----------------------------------------------------------- 
 E-Mail 
  M&[e-mail] 
----------------------------------------------------------- 
 Phone number / Fax number 
  020 7548 3266 
----------------------------------------------------------- 
 Other useful information (at least legal a contact person 
  for legal persons) 
  John Baker (Shareholder Disclosure Analyst) 
----------------------------------------------------------- 
 
 
 B: Identity of the notifier, if applicable 
------------------------------------------------------------- 
 Full name 
  M&G Investment Management Limited 
------------------------------------------------------------- 
 Contact address 
  Laurence Pountney Hill, London EC4R 0HH, England 
------------------------------------------------------------- 
 E-Mail 
  M&[e-mail] 
------------------------------------------------------------- 
 Phone number / Fax number 
  020 7548 3266 
------------------------------------------------------------- 
 Other useful information (e.g. functional relationship 
  with the person or legal entity subject to the notification 
  obligation) 
  John Baker (Shareholder Disclosure Analyst) - 020 7548 
  2561 
------------------------------------------------------------- 
 

Notes

(i)

(i) PersonscompletingthisformshouldhaveregardtotherequirementsoftheTransparency(Directive2004/109/EC)Regulations2007 asamended (the "Regulations"),the CentralBankof Ireland'sTransparencyRules(the"TransparencyRules")and CommissionDelegated Regulation(EU) 2015/761 of17 December2014.

ii

Fullnameofthelegalentityandotheridentifyingspecificationoftheissuerorunderlyingissuer, provideditisreliableandaccurate

(e.g. address,LEI,domestic number identity).

iii

Other

reason

forthenotificationcouldbevoluntarynotifications, changesofattributionofthenatureoftheholding(e.g.expiringoffinancial instruments)or actingin concert.

iv

Thisshouldbethefullnameof(a)theshareholder;(b)thenaturalpersonorlegalentityacquiring, disposingoforexercisingvotingrightsinthecasesprovidedforinRegulation15(b)to(h)oftheRegulations(Article10(b)to(h)ofDirective2004/109/EC);or(c)theholderof financialinstruments referredto inRegulation17(1)of the Regulations(Article13(1) of Directive2004/109/EC).

Asthe disclosureof casesof actingin concert mayvarydue tothe specificcircumstances(e.g. same or different total positions of theparties, enteringorexitingofactinginconcertbyasingleparty)thestandardformdoesnotprovideforaspecificmethodhowtonotifycasesof acting inconcert.

Inrelationtothetransactionsreferredtoinpoints(b)to(h)ofRegulation15oftheRegulations(Article10ofDirective2004/109/EC), the followinglist isprovided asanindication of thepersonswho should bementioned:

--

inthecircumstancesforeseeninletter(b)ofRegulation15oftheRegulations(Article10ofDirective2004/109/EC), thenaturalpersonorlegalentitythatacquiresthevotingrightsandisentitledtoexercisethemundertheagreementandthenaturalpersonor legal entitywhoistransferring temporarilyforconsideration thevoting rights;

--

inthecircumstancesforeseeninletter(c)oftheRegulation15oftheRegulations(Article10ofDirective2004/109/EC), thenaturalpersonorlegalentityholdingthecollateral, providedthepersonorentitycontrolsthevotingrightsanddeclaresitsintentionof exercising them,and naturalpersonor legalentitylodging the collateral under theseconditions;

--

inthecircumstancesforeseeninletter(d)ofRegulation15oftheRegulations(Article10ofDirective2004/109/EC), thenaturalperson or legal entitywhohasalifeinterest in sharesifthat person or entityisentitled to exercise the votingrightsattachedtothesharesand the natural personor legal entitywhoisdisposingof thevoting rightswhen the life interest iscreated;

--

inthecircumstancesforeseeninletter(e)ofRegulation15oftheRegulations (Article10ofDirective2004/109/EC), thecontrollingnaturalpersonorlegalentityand, providedithasanotificationdutyatanindividuallevelunderRegulation14oftheRegulations(Article9of Directive2004/109/EC), underletters(a) to (d) ofRegulation 15ofthe Regulations(Article 10ofDirective2004/109/EC)or under acombinationof any of thosesituations,thecontrolledundertaking;

--

inthecircumstancesforeseeninletter(f)ofRegulation15oftheRegulations(Article10ofDirective2004/109/EC), thedeposittakeroftheshares,ifhecanexercisethevotingrightsattachedtothesharesdepositedwithhimathisdiscretion, andthedepositorof thesharesallowing thedeposittaker toexercisethe voting rights athisdiscretion;

--

inthecircumstancesforeseeninletter(g)ofRegulation15oftheRegulations(Article10ofDirective2004/109/EC), thenaturalperson orlegal entitythat controlsthevoting rights;

--

inthecircumstancesforeseeninletter(h)ofRegulation15oftheRegulations(Article10ofDirective2004/109/EC), theproxyholder,ifhecanexercisethevotingrightsathisdiscretion, andtheshareholderwhohasgivenhisproxytotheproxyholderallowing the latterto exercise the voting rights at his discretion (e.g.management companies).

v

Applicable

in

thecasesprovidedforinRegulation15(b)to(h)oftheRegulations(Article10(b)to(h)ofDirective2004/109/EC).ThisshouldbethefullnameoftheshareholderwhoisthecounterpartytothenaturalpersonorlegalentityreferredtoinRegulation15oftheRegulations(Article10Directive2004/109/EC)unlessthepercentageofvotingrightsheldbytheshareholderislowerthan

thelowestnotifiablethresholdforthedisclosureofvotingrightsholdingsinaccordancewiththerequirementsoftheRegulationsandtheTransparencyRules.

vi

Thedateonwhichthresholdiscrossedorreachedshouldbethedateonwhichtheacquisitionordisposaltookplaceortheotherreason triggered the notification obligation.Forpassivecrossings, thedate whenthecorporate eventtookeffect.

vii

Thetotalnumberofvotingrightsshallbecomposedofalltheshares,includingdepositoryreceiptsrepresentingshares, towhichvoting rightsareattached even if the exercise thereofissuspended.

viii

Iftheholdinghasfallenbelowthelowestapplicable thresholdinaccordancewiththeRegulationsandtheTransparencyRulestheholderisnotobliged todisclose theextent of the holding onlythat the holdingis"below 3%"or "below 5%"asappropriate.

ix

Incaseofcombinedholdingsofshareswithvotingrightsattached"directholding"andvotingrights"indirectholding", pleasesplitthevotingrightsnumberandpercentageintothedirectandindirectcolumns--ifthereisnocombinedholdings, pleaseleavetherelevantboxblank.

x

Date of maturity/expiration ofthe financial instrument i.e. the datewhen right toacquiresharesends.

xi

If the financialinstrumenthassucha period--pleasespecifythis period--for exampleonce every3 months startingfrom[date].

xii

Incaseofcashsettledinstrumentsthenumberandpercentagesofvotingrightsistobepresentedonadelta-adjustedbasis(Regulation17(4)of the Regulations/Article 13(1a) of Directive 2004/109/EC).

xiii

Ifthepersonsubjecttothenotificationobligationiseithercontrolledand/ordoescontrolanotherundertakingthenthesecondoption applies.

xiv

Thefullchainofcontrolledundertakings,startingwiththeultimatecontrollingnaturalpersonorlegalentity, hastobepresentedalsoincasesinwhichonlyonsubsidiarylevelathresholdiscrossedorreachedandthesubsidiaryundertakingdisclosesthenotification, asonlythuswillthemarketsgetafullpictureofthegroupholdings.Inthecaseofmultiplechainsthroughwhichthevotingrightsand/orfinancialinstrumentsareeffectivelyheld, thechainshavetobepresentedchainbychainleavingarowfreebetweendifferent chains(e.g.:A, B, C, free row, A,B, D, freerow, A, E, Fetc.).

xv

Thenamesofcontrolledundertakingsthroughwhichthevotingrightsand/orfinancialinstrumentsareeffectivelyheldhavetobepresentedirrespective of whether thecontrolledundertakingscrossor reachthelowest applicable thresholdthemselves.

xvi

Example:

Correction ofa previous notification.

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September 02, 2016 10:00 ET (14:00 GMT)