BT Group PLC - Major Shareholding Notification 2017

National Storage Mechanism | Additional information

RNS Number : 9997I

BT Group PLC

23 June 2017

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi



1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii		BT Group plc
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) subject to the notification obligation: iii	Atlas Services Belgium S.A. Orange S.A.
4. Full name of shareholder(s) (if different from 3.):iv	Registered holder: Bank of New York (Nominees) Limited
5. Date of the transaction and date on which the threshold is crossed or reached: v	Monday 19 June 2017
6. Date on which issuer notified:	Thursday 22 June 2017
7. Threshold(s) that is/are crossed or reached: vi, vii	Atlas Services Belgium S.A.: direct holding has fallen below 3% (reduced from 4% to 2.66%) Orange S.A.: indirect holding has fallen below 3% (reduced from 4% to 2.66%)


8. Notified details:
A: Voting rights attached to shares viii, ix
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 x
Direct		Direct xi		Indirect xii		Direct			Indirect
Ordinary shares of £0.05 each (ISIN Code: GB0030913577) indirectly held by Orange S.A.)		-		398,725,107			-		-		265,725,107		-			2.66
Ordinary shares of £0.05 each (ISIN Code: GB0030913577) directly held by Atlas Services Belgium S.A.		398,725,107		398,725,107			265,725,107		265,725,107		-		2.66			-

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument			Expiration date xiii			Exercise/ Conversion Period xiv						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 xv, xvi
Resulting situation after the triggering transaction
Type of financial instrument	Exercise price				Expiration date xvii			Exercise/ Conversion period xviii		Number of voting rights instrument refers to				% of voting rights xix, xx
-	-				-			-		-				Nominal			Delta
-			-

Total (A+B+C)
Number of voting rights										Percentage of voting rights
265,725,107										2.66


9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Orange S.A. owns the entire issued share capital of Atlas Services Belgium SA. On 19 June 2017, Atlas Services Belgium S.A. sold, by way of an Accelerated Book Building Placement, a 1.33% holding in BT Group plc to: (a) the issuer and the BT Group Employee Share Ownership Trust ( in aggregate, a disposal of circa 69 million ordinary shares); and (b) to institutional and qualified investors (a disposal of circa 64 million ordinary shares). Note: The remaining 265,725,107 ordinary shares of the issuer held by Atlas Services Belgium S.A. are registered in the name of Bank of New York (Nominees) Limited in its capacity as nominee of Atlas Services Belgium S.A.

Proxy Voting:
10. Name of the proxy holder:		N/A
11. Number of voting rights proxy holder will cease to hold:		N/A
12. Date on which proxy holder will cease to hold voting rights:		N/A

13. Additional information:	N/A
14. Contact name:	Mr Cédric Testut
15. Contact telephone number:	+ 33 1 44 44 08 92

This information is provided by RNS

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