Major Shareholding Notification • Nov 9, 2015
Major Shareholding Notification
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National Storage Mechanism | Additional information
PR Newswire
London, November 9
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES | ||||
| 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
Lancashire Holdings Limited | |||
| 2. Reason for the notification (please tick the appropriate box or boxes): | ||||
| An acquisition or disposal of voting rights | Yes | |||
| 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) subject to the notification obligation: |
Legal & General Group Plc (L&G) | |||
| 4. Full name of shareholder(s) (if different from 3.): |
Legal & General Group Plc (L&G) & Legal & General Assurance Society Limited (LGAS) |
|||
| 5. Date of the transaction and date on which the threshold is crossed or reached: |
05 November 2015 | |||
| 6. Date on which issuer notified: | 09 November 2015 | |||
| 7. Threshold(s) that is/are crossed or reached: |
L&G (From 5% to 4%) | |||
| 8. Notified details: | ||||||||||||||||||
| A: Voting rights attached to shares | ||||||||||||||||||
| Class/type of shares if possible using the ISIN CODE |
Situation previous to the triggering transaction |
Resulting situation after the triggering transaction | ||||||||||||||||
| Number of Shares |
Number of Voting Rights |
Number of shares |
Number of voting rights |
% of voting rights | ||||||||||||||
| Direct | Indirect | Direct | Indirect | |||||||||||||||
| ORD GBP 0.18 | 9,349,159 (As on 08/11/2013) |
9,900,103 | 9,900,103 | 4.99% | ||||||||||||||
| B: Qualifying Financial Instruments | ||||||||||||||||||
| Resulting situation after the triggering transaction | ||||||||||||||||||
| Type of financial instrument |
Expiration date |
Exercise/ Conversion Period |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
||||||||||||||
| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | ||||||||||||||||||
| Resulting situation after the triggering transaction | ||||||||||||||||||
| Type of financial instrument |
Exercise price | Expiration date | Exercise/ Conversion period |
Number of voting rights instrument refers to | % of voting rights | |||||||||||||
| Nominal | Delta | |||||||||||||||||
| Total (A+B+C) | ||||||||||||||||||
| Number of voting rights | Percentage of voting rights | |||||||||||||||||
| 9,900,103 | 4.99% | |||||||||||||||||
**9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:**
| Legal & General Group Plc (Direct and Indirect) (Group) ( 13,178,997 = 6.64% Total Position) | ||
| Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) ( 13,178,997 = 6.64% Total Position) | ||
| Legal & General Investment Management Limited (Indirect) (LGIM) ( 13,178,997 = 6.64% Total Position) | ||
| Legal & General Group Plc (Direct) (L&G) (9,900,103 = 4.99%) (LGAS, LGPL & PMC) | ||
| Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD) ( 9,900,103 = 4.99% (LGAS, LGPL & PMC) | Legal & General Insurance Holdings Limited (Direct) (LGIH) 5,962,668 = 3.00% (LGAS & LGPL) | |
| Legal & General Assurance (Pensions Management) Limited (PMC) 3,937,435 = 1.99% PMC | Legal & General Assurance Society Limited (LGAS & LGPL) 5,962,668 = 3.00% (LGAS & LGPL) | |
| Legal & General Pensions Limited (Direct) (LGPL) (7,155 = 0.00% ( LGPL) | ||
Proxy Voting:10. Name of the proxy holder:N/A**11. Number of voting rights proxy holder will cease
to hold:N/A12. Date on which proxy holder will cease to hold
voting rights:**N/A
13. Additional information:Notification using the total voting rights figure of 198,215,77414. Contact name:Amy Williams (LGIM)15. Contact telephone number:029 2035 4097

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