Travis Perkins: TR1 Notification of Major Share Interest (837967)

 
 Travis Perkins (TPK) 
Travis Perkins: TR1 Notification of Major Share Interest 
 
08-Jul-2019 / 15:27 GMT/BST 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
TR-1: Standard form for notification of major holdings 
 
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant 
issuer and to the FCA in Microsoft Word format if 
possible)i 
 
1a. Identity of the issuer       Travis Perkins plc (Company No. 
or the underlying issuer                               00824821) 
of existing shares to 
which voting rights are 
attachedii: 
1b. Please indicate if the issuer is a non-UK issuer 
(please mark with an "X" if appropriate) 
Non-UK issuer 
2. Reason for the notification (please mark the 
appropriate box or boxes with an "X") 
An acquisition or disposal of voting rights                X 
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                         TIAA-CREF Investment Management, 
                             LLC on behalf of the accounts 
                             listed in Exhibit B. 
 
                             Teachers Advisors, LLC on behalf 
                             of the funds 
 
                             listed in Exhibit C. 
 
City and country of          TIAA-CREF Investment Management, 
registered office (if        LLC - New York, USA 
applicable) 
 
                             Teachers Advisors, LLC. - New 
                             York, USA 
 
4. Full name of shareholder(s) (if different from 3.)v 
Name                         See Number 3. 
City and country of          See Number 3. 
registered office (if 
applicable) 
5. Date on which the         4 July 2019 
threshold was crossed or 
reachedvi: 
6. Date on which issuer      8 July 2019 
notified (DD/MM/YYYY): 
7. Total positions of person(s) subject to the 
notification obligation 
             % of      % of voting    Total of Total number of 
            voting   rights through   both in  voting rights of 
            rights      financial     % (8.A + issuervii 
            attache    instruments      8.B) 
             d to    (total of 8.B 1 
            shares      + 8.B 2) 
            (total 
             of 8. 
              A) 
Resulting   2.971%         0%          2.971%     252,143,923 
situation 
on the date 
on which 
threshold 
was crossed 
or reached 
Position of 3.974%         0%          3.974% 
previous 
notificatio 
n (if 
 
applicable) 
 
8. 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 
 
           (Art 9 of        (Art 10 of        (Art 9 of    (Art 10 
           Directive         Directive        Directive       of 
         2004/109/EC)      2004/109/EC)     2004/109/EC)   Directiv 
           (DTR5.1)         (DTR5.2.1)        (DTR5.1)        e 
                                                           2004/109 
                                                             /EC) 
                                                           (DTR5.2. 
                                                              1) 
GB0007739609     7,491,106             0%               2.971%      0% 
 
SUBTOTAL 8.                7,491,106                      2.971% 
A 
 
B 1: Financial Instruments according to Art. 13(1)(a) of 
Directive 2004/109/EC (DTR5.3.1.1 (a)) 
Type of       Expiration Exercise/         Number of voting         % 
financial     datex      Conversion        rights that may be       of 
instrument               Periodxi          acquired if the          vot 
                                           instrument is            ing 
                                                                    rig 
                                                                    hts 
 
                                           exercised/converted. 
     N/A         N/A            N/A                  N/A            N/A 
 
                         SUBTOTAL 8. B 1             N/A            N/A 
 
B 2: Financial Instruments with similar economic effect 
according to Art. 13(1)(b) of Directive 2004/109/EC 
(DTR5.3.1.1 (b)) 
Type   Expiration        Exercise/   Physical or cash      Number   % 
of     datex             Conversion                        of       of 
financ                   Period xi                         voting   vot 
ial                                                        rights   ing 
instru                               settlementxii                  rig 
ment                                                                hts 
 N/A          N/A            N/A              N/A            N/A    N/A 
 
                                     SUBTOTAL 8.B.2          N/A    N/A 
 
9. Information in relation to the person subject to the 
notification obligation (please mark the 
 
applicable box with an "X") 
Person subject to the notification obligation           X 
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) issuerxiii 
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 (please add 
additional rows as necessary) 
  Namexv    % of voting   % of    Total of both if it equals or 
             rights if   voting   is higher than the notifiable 
             it equals   rights             threshold 
               or is    through 
            higher than financia 
                the        l 
            notifiable  instrume 
             threshold   nts if 
                           it 
                         equals 
                         or is 
                         higher 
                        than the 
                        notifiab 
                           le 
                        threshol 
                           d 
 
10. In case of proxy voting, please identify: 
Name of the proxy        TIAA-CREF Investment Management, LLC/ 
holder                           Teachers Advisors, LLC 
The number and % of                       N/A 
voting rights held 
The date until which                      N/A 
the voting rights will 
be held 
 
11. Additional informationxvi 
The College Retirement Equities Fund ("CREF") hereby informs 
you on July 4, 2019 funds managed by an affiliate of CREF 
sold 75,275 shares of Travis Perkins Plc bringing its total 
ownership to 5,988,799 or 2.375% of Travis Perkins Plc. 
These holdings are owned by mutual funds which are 
investment portfolios of the TIAA-CREF Funds or the 
TIAA-CREF Life Funds (collectively, the "Funds"). The Funds 
are SEC registered investment companies and the Funds are 
managed by Teachers Advisors, LLC ("TAL"), an SEC registered 
investment adviser that is affiliated with TCIM. It is our 
understanding the total voting shares outstanding of Travis 
Perkins Plc is 252,143,923 bringing TAL's voting share 
ownership in Travis Perkins Plc to a 2.375% level. 
 
Additionally, as of July 4, 2019, CREF owns 1,502,307 shares 
of Travis Perkins Plc equivalent to 0.596% of Travis Perkins 
Plc. CREF owns these shares through two of its investment 
accounts: the Stock Account and the Global Equities Account. 
 
For your information, CREF is a U.S. based investment 
company, which is registered with the Securities and 
Exchange Commission ("SEC"). CREF has multiple investment 
accounts, each with separate investment objectives and 
policies. All assets in the accounts are beneficially owned 
by CREF, and all the accounts are managed by TIAA-CREF 
Investment Management, LLC ("TCIM"), an SEC registered 
investment adviser. 
 
A total of 7,491,106 or 2.971% of the outstanding voting 
shares of Travis Perkins Plc are owned, in aggregate, by 
CREF and these affiliated funds and accounts. TAL and TCIM 
follow the same policies when voting on behalf of CREF and 
the Funds. Additionally, TAL and TCIM separately and 
independently vote all proxies for shares held in Travis 
Perkins Plc. We are therefore aggregating the holdings in 
Travis Perkins Plc as requested by the current FCA 
Disclosure and Transparency Rules for purposes of this form. 
 
(See Exhibit A) 
 
Place of completion TIAA-CREF Investment Management, LLC, 730 
                    Third Avenue, New York, New York 10017-3206 
                    USA 
Date of completion  8 July 2019 
 
Exhibit A 
 
TIAA-CREF 
 
Summary of Holdings of Travis Perkins plc 
 
Between February 1, 2019 - February 4, 2019 
 
                             TIAA-CREF Investment Management 
                                       LLC ("CREF") 
                   Stock     Global     Total CREF  Total CREF 
                  Account   Equities     Holdings        % 
                             Account 
Holdings as of   1,491,020      11,287    1,502,307      0.596% 
July 3, 2019 
 
Transactions as          -                        -      0.000% 
of July 4 ,2019 
 
Holdings as of   1,491,020      11,287    1,502,307      0.596% 
July 4, 2019 
 
                             Teachers Advisors LLC 
                 TIAA-CREF    TIAA-CREF     Total      Total 
                Internationa    Life       Mutual      Mutual 
                  l Equity   Internation    Funds     Funds % 
                    Fund      al Equity   Holdings 
                                Fund 
Holdings as of     5,951,494     112,580   6,064,074     2.405% 
July 3, 2019 
 
Transactions as     (74,000)     (1,275)    (75,275)    -0.030% 
of July 4 ,2019 
 
Holdings as of     5,877,494     111,305   5,988,799     2.375% 
July 4, 2019 
 
                                     Aggregate Holding 

                                Total Holdings    Total % 
Holdings as of July 3, 2019          7,566,381        3.001% 
 
Transactions as of July 4 ,2019       (75,275)       -0.030% 
 
Holdings as of July 4, 2019          7,491,106        2.971% 
 
Total Voting Shares Outstanding 252,143,923 
 
Total Combined Total Percentage 
  7,491,106         2.971% 
 
Exhibit B 
 
TIAA-CREF Investment Management, LLC 
 
College Retirement Equities Fund ("CREF") * 
 
? CREF Stock Account 
 
? CREF Global Equities Account 
 
* Registered Investment Company 
 
Exhibit C 
 
Teachers Advisors, LLC 
 
TIAA-CREF Funds * 
 
? International Equity Fund 
 
TIAA-CREF Life Funds * 
 
? Life International Equity Fund 
 
* Registered Investment Company 
 
ISIN:           GB0007739609 
Category Code:  HOL 
TIDM:           TPK 
LEI Code:       2138001I27OUBAF22K83 
OAM Categories: 2.3. Major shareholding notifications 
Sequence No.:   12705 
EQS News ID:    837967 
 
End of Announcement EQS News Service 
 
 

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July 08, 2019 10:28 ET (14:28 GMT)