HgCapital Trust PLC Holding(s) in Company (3912N)

TIDMHGT TIDMPRU

RNS Number : 3912N

HgCapital Trust PLC

25 October 2016

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
----------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                           HG Capital Trust 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                                       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 October 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ---------------------------------------- 
 6. Date on which issuer                                                  24 October 2016 
  notified: 
-----------------------------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are                                                See item 13 
  crossed or 
  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 voting          % of voting 
                       of                of                of shares       rights                    rights (x) 
                       Shares            Voting 
                                         Rights 
-------------------  ----------------  ----------------  --------------  ------------------------  ------------------------------ 
                                                          Direct          Direct     Indirect       Direct     Indirect 
                                                                          (xi)        (xii) 
-------------------      ------------    ------------    --------------  ---------  -------------  ---------  ------------------- 
   ORDGBP0.25 
    GB0003921052         4,255,916          4,255,916        4,303,094        0       4,303,094        0             11.53% 
-------------------  ----------------  ----------------  --------------  ---------  -------------  ---------  ------------------- 
 
 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. 
-----------------------  --------------  --------------------------------  ------------------------  ---------------------------- 
       ORDGBP0.25                                                                   18,418                       0.04% 
      GB0003921052 
    (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 
---------------------------------------------------------------------  ---------------------------------------------------------- 
 4,321,512                                                              11.57% 
---------------------------------------------------------------------  ---------------------------------------------------------- 
 
 
 
 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) - 4,321,512 (11.57%) 
   The Prudential Assurance Company Limited (wholly owned 
   subsidiary of Prudential Plc) - 2,852,825 (7.64%) 
   M&G Group Limited (wholly owned subsidiary of Prudential 
   plc) - 3,465,213 (9.28%) 
   M&G Limited (wholly owned subsidiary of M&G Group Limited) 
   - 3,465,213 (9.28%) 
   M&G Investment Management Limited (wholly owned subsidiary 
   of M&G Limited) - 3,465,213 (9.28%) 
 
 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:                                As per 5.1.2, the non-exempt 

                                                             holdings for Prudential plc 
                                                             and the holdings for The 
                                                             Prudential Assurance Company 
                                                             Limited (wholly owned subsidiary 
                                                             of Prudential plc) have moved 
                                                             from 8% to a 7% notifiable 
                                                             interest. 
--------------------------------------------------------  ----------------------------------- 
 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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October 25, 2016 04:15 ET (08:15 GMT)