Vanquis Banking Group (formerly: Provident Financial Plc)

Major Shareholding Notification • Apr 29, 2016

National Storage Mechanism | Additional information

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RNS Number : 8532W

Provident Financial PLC

29 April 2016

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	Provident Financial plc

2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached		X
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	Prudential plc group of companies
4. Full name of shareholder(s) (if different from 3.): iv	Prudential plc The Prudential Assurance Company Limited
5. Date of the transaction and date on which the threshold is crossed or reached: v	27 April 2016
6. Date on which issuer notified:	28 April 2016
7. Threshold(s) that is/are crossed or reached: vi, vii	See item 13

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
ORD GBP0.207272 GB00B1Z4ST84	4,457,076	4,457,076	4,417,775	0	4,417,775	0	2.99%

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
ORD GBP0.207272 GB00B1Z4ST84 (Right Of Recall)			221,575	0.15%

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
4,639,350	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) - 4,639,350 (3.14%) The Prudential Assurance Company Limited - 4,639,350 (3.14%)

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:	As per the non-exempt rules, Prudential plc has moved below a 3% indirect notifiable interest, excluding the right of recall under the Qualifying Financial Instruments.
14. Contact name:	Emma Versluys
15. Contact telephone number:	01274 351 351

This information is provided by RNS

The company news service from the London Stock Exchange

END

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