Virgin Money Holdings (UK) PLC Holding(s) in Company (9800Q)

TIDMVM. TIDMPRU

RNS Number : 9800Q

Virgin Money Holdings (UK) PLC

05 December 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                        Virgin Money Holdings (UK) 
  the underlying issuer                                                          Plc 
  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)                                           Prudential plc 
  (if different from 3.):(iv)                                    The Prudential Assurance Company 
                                                                              Limited 
-----------------------------------------------------------  --------------------------------------- 
 5. Date of the transaction                                              01 December 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  --------------------------------------- 
 6. Date on which issuer                                                 02 December 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                 % of voting 
                of                of                 of shares       voting                    rights (x) 
                Shares            Voting                             rights 
                                  Rights 
------------  ----------------  -----------------  --------------  ------------------------  ------------------------- 
                                                    Direct          Direct     Indirect       Direct        Indirect 
                                                                    (xi)        (xii) 
------------      ------------    -------------    --------------  ---------  -------------  ------------  ----------- 
     ORD 
  GBP0.0001 
 GB00BQP0644     12,845,124         12,845,124       14,003,154        0        14,003,154         0          3.14% 
------------  ----------------  -----------------  --------------  ---------  -------------  ------------  ----------- 
 
 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 
---------------------------------------------------  ----------------------------------------------------------------- 
 14,003,154                                           3.14% 
---------------------------------------------------  ----------------------------------------------------------------- 
 
 
 
 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) - 14,003,154 (3.14%) 
   The Prudential Assurance Company Limited (wholly owned 
   subsidiary of Prudential plc) - 14,003,154 (3.14%) 
 
 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:                               The non-exempt indirect holdings 
                                                            for Prudential plc have moved 
                                                            above a 3% notifiable interest. 
 
                                                            The Prudential Assurance 
                                                            Company Limited (wholly owned 
                                                            subsidiary of Prudential 
                                                            plc) has moved above a 3% 
                                                            indirect notifiable interest. 
-------------------------------------------------------  ----------------------------------- 
 14. Contact name:                                          Adam Key, Investor Relations/ 
                                                           Katie Marshall, Company Secretary 
-------------------------------------------------------  ----------------------------------- 
                                                                    020 7111 1311/ 
 15. Contact telephone number:                                       0191 279 6482 
-------------------------------------------------------  ----------------------------------- 
 
 

The company news service from the London Stock Exchange

END

HOLEAFASESAKFFF

(END) Dow Jones Newswires

December 05, 2016 10:30 ET (15:30 GMT)