New World Resources Plc NOTIFICATION OF MAJOR INTEREST IN SHARES (7581R)

TIDMNWR TIDMPRU

RNS Number : 7581R

New World Resources Plc

11 March 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                     New World Resources 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 
----------------------------------------------------------  ---------------------------------- 
 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                            X 
----------------------------------------------------------  ---------------------------------- 
 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 
                                                                      M&G Group Limited 
                                                                         M&G Limited 
                                                                 M&G Alternatives Investment 
                                                                     Management Limited 
                                                                  M&G Investment Management 
                                                                           Limited 
----------------------------------------------------------  ---------------------------------- 
 5. Date of the transaction                                            09 March 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
----------------------------------------------------------  ---------------------------------- 
 6. Date on which issuer                                               10 March 2016 
  notified: 
----------------------------------------------------------  ---------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                         19% 
----------------------------------------------------------  ---------------------------------- 
 
 
 
 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 
  GBP0.0004 
 GB00B42CTW68     632,752,105             632,752,105             632,752,105       0       632,752,105       0         19.18% 
-------------  ----------------  -----------------------------  --------------  ---------  ------------  ----------  ----------- 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration        Exercise/                                    Number of voting         % of voting 
 financial           date              Conversion                                   rights that              rights 
 instrument          (xiii)            Period (xiv)                                 may be 
                                                                                    acquired if 
                                                                                    the 
                                                                                    instrument 
                                                                                    is 
                                                                                    exercised/ 
                                                                                    converted. 
-----------------  ----------------  -------------------------------------------  -----------------------  --------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
-------------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise          Expiration     Exercise/       Number of voting                       % of voting 
 financial         price            date            Conversion      rights instrument                      rights (xix, 
 instrument                         (xvii)          period          refers to                              xx) 
                                                    (xviii) 
---------------  ----------------  -------------  --------------  -------------------------------------  ----------------------- 
                                                                                                          Nominal       Delta 
---------------  ----------------  -------------  --------------  -------------------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
-------------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                           Percentage of voting rights 
----------------------------------------------------------------  -------------------------------------------------------------- 
 632,752,105                                                       19.18% 
----------------------------------------------------------------  -------------------------------------------------------------- 
 
 
 
 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) - 632,752,105 (19.18%) 
   M&G Group Limited (wholly owned subsidiary of Prudential 
   plc) - 632,752,105 (19.18%) 
   M&G Limited (wholly owned subsidiary of M&G Group Limited) 
   - 632,752,105 (19.18%) 
   M&G Alternatives Investment Management Limited - 632,752,105 
   (19.18%) 
   M&G Investment Management Limited (wholly owned subsidiary 
   of M&G Limited) - 632,752,105 (19.18%) 
 
 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 / Poonam Stammers 
                                                              M&G Investment Management 
                                                              Limited 
----------------------------------------------------------  ----------------------------- 

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March 11, 2016 02:01 ET (07:01 GMT)