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Holding(s) in Company

14 Sep 2010 09:04

RNS Number : 6311S
Redstone PLC
14 September 2010
 



Financial Services Authority

 

 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:

 

Redstone 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

Yes

 

Other (please specify):

 

3. Full name of person(s) subject to the notification obligation:

Legal & General Group Plc (Group)

 

Legal & General (Unit Trust Managers) Limited (UTM)

 

Legal & General Investment Management Limited (LGIM)

 

Legal & General Group Plc (L&G)

4. Full name of shareholder(s)  (if different from 3.):

Legal & General Assurance Society Limited (LGAS & LGPL)

 

5. Date of the transaction and date on which the threshold is crossed or reached:

 

09 September 2010

6. Date on which issuer notified:

10 September 2010

7. Threshold(s) that is/are crossed or reached:

 

Group (Above 15%)

 

LGIM (Above 15%)

 

L&G (Above 3%)

 

UTM (Above 5%)

 

 

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

Ordinary GBP 0.001

 Below 3%

L&G

(As on First notification under DTR Source Book)

0.00%

 400,000,000

150,000,000

250,000,000

5.858%

9.763%

 Below 5%

LGIM

(As on First notification under DTR Source Book)

0.00%

 Below 5%

UTM

(As on First notification under DTR Source Book)

0.00%

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

 

 150,000,000

L&G

 

5.858%

 

 400,000,000

LGIM

 

15.62%

 250,000,000

UTM

9.763%

 

 

 

 

 

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) ( 400,000,000 -15.62% = Total Position)

Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) ( 400,000,000 - 15.62% = Total Position)

Legal & General Investment Management Limited (Indirect) (LGIM) ( 400,000,000 - 15.62% = Total Position)

Legal & General (Unit Trust Managers) Limited (250,000,000 - 9.76% UTM)

Legal & General Group Plc (Direct) (L&G) ( 150,000,000 -5.85% = LGAS, LGPL & PMC)

Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD)

Legal & General Insurance Holdings Limited (Direct) (LGIH) ( 150,000,000 -5.85%= LGAS & LGPL)

Legal & General Assurance (Pensions Management) Limited (PMC)

Legal & General Assurance Society Limited (LGAS & LGPL) ( 150,000,000 -5.85% = 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  2,560,572,810

14. Contact name:

Paul Toon (LGIM)

15. Contact telephone number:

020 3124 3854

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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