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SEVERFIELD PLC — Major Shareholding Notification 2015
Nov 25, 2015
4741_mrq_2015-11-25_07af2a3b-cf22-46e9-9cb4-961e574abd34.html
Major Shareholding Notification
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RNS Number : 9911G
Severfield PLC
25 November 2015
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES i |
| 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii | Severfield Plc |
| 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: iii | Legal & General Group Plc (Group) Legal & General Group Plc (L&G) |
| 4. Full name of shareholder(s) (if different from 3.): iv |
N/A |
| 5. Date of the transaction and date on which the threshold is crossed or reached: v | 23 November 2015 |
| 6. Date on which issuer notified: | 25 November 2015 |
| 7. Threshold(s) that is/are crossed or reached: vi, vii |
L&G (From 4% to 3%) |
| 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 2.5p | 12,322,907 (As of 19/06/2015) |
11,621,874 | 11,621,874 | - | 3.90% | - | ||
| 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 |
| 11,621,874 | 3.90% |
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi
| Legal & General Group Plc (Direct and Indirect) (Group) (18,679,539, 6.27% = Total Position) | ||
| Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) (18,679,539, 6.27% = Total Position) | ||
| Legal & General Investment Management Limited (Indirect) (LGIM) (18,679,539, 6.27% = Total Position) | ||
| Legal & General Group Plc (Direct) (L&G) (11,621,874, 3.90% = LGAS, LGPL & PMC) | ||
| Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD) | Legal & General Insurance Holdings Limited (Direct) (LGIH) | |
| Legal & General Assurance (Pensions Management) Limited (PMC) | Legal & General Assurance Society Limited (LGAS & LGPL) | |
| Legal & General Pensions Limited (Direct) (LGPL) | ||
| 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: | Notification using the total voting rights figure of 297,503,587 |
| 14. Contact name: | Amy Williams (LGIM) |
| 15. Contact telephone number: | 029 2035 4097 |
This information is provided by RNS
The company news service from the London Stock Exchange
END
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