3 Oct 2008 14:56
Admiral Group plc
Notification of interest in shares
3 October 2008
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: | Admiral 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 financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | |||
An event changing the breakdown of voting rights | |||
Other (please specify): | |||
3. Full name of person(s) subject to the notification obligation: | Newton Investment Management Limited | ||
4. Full name of shareholder(s) (if different from 3.): | |||
5. Date of the transaction (and date on which the threshold is crossed or reached if different): | 02/10/08 | ||
6. Date on which issuer notified: | 03/10/08 | ||
7. Threshold(s) that is/are crossed or reached: | Decrease from 4.11% to 3.99% | ||
8. Notified details: | Sale of 326,961 shares |
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 | Direct | Indirect | Direct | Indirect | |||
Ordinary Shares ISIN GB00B02J6398 | 10,874,472 | 4.11% | N/A | N/A | 10,547,511 | N/A | 3.99% |
B: Financial Instruments | ||||
Resulting situation after the triggering transaction | ||||
Type of financial instrument | Expiration date | Exercise/ Conversion Period/ Date | Number of voting rights that may be acquired if the instrument is exercised/ converted. | % of voting rights |
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Total (A+B) | |
Number of voting rights | % of voting rights |
10,547,511 | 3.99% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
Newton Investment Management Limited hold these shares as a discretionary Investment Manager. |
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: |
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14. Contact name: | Matt Beattie |
15. Contact telephone number: | +44 (0)20 7163 3285 |
Annex Notification Of Major Interests In Shares
A: Identity of the person or legal entity subject to the notification obligation | |
Full name (including legal form for legal entities) | Newton Investment Management Ltd |
Contact address (registered office for legal entities) | Mellon Financial Centre 160 Queen Victoria Street London EC4V 4LA |
Phone number | +44 (0)207 163 9000 |
Other useful information (at least legal representative for legal persons) | Rachel Wheeler |
B: Identity of the notifier, if applicable | |
Full name | Newton Investment Management Ltd |
Contact address | Mellon Financial Centre 160 Queen Victoria Street London EC4V 4LA |
Phone number | +44 (0)207 163 9000 |
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation) | Discretionary Investment Manager |
C: Additional information |