14 May 2009 15:03
14 May 2009
IFG Group plc IFG House Booterstown Hall Booterstown Avenue Co. Dublin Ireland
Dear Donal Lynch,
In fulfilment of the obligation imposed by Part 5 of the Transparency Regulations 2007, Irish Life Investment Managers hereby give notice that the cumulative holdings on behalf of third party discretionary clients fell below the 3% threshold to 2.5585% of voting rights from ordinary shares in IFG Group.
If this gives rise to any queries, please contact me.
Yours faithfully
__________________
Heather Rafferty
Compliance Business Risk
Irish Life Investment Managers Beresford Court Beresford Place Dublin 1, Ireland Phone: 1 7042870 Fax: 1 7042500
TR-1: Notifications of Major Interests in Shares
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
IFG Group……………..
2. Reason for the notification
(please place an X inside the appropriate bracket/s):
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 notification obligation:
Irish Life Investment Managers as agent……………..
4. Full name of shareholder(s) (if different from 3) :
Discretionary clients……………..
5. Date of transaction (and date on which the threshold is crossed or reached if different):
13/05/09……………..
6. Date on which issuer notified:
14/05/09……………..
7. Threshold(s) that is/are crossed or reached:
From 3.0333% to 2.9899%
8. Notified Details:
A: Voting rights attached to shares
| Class/type of shares if possible use ISIN CODE | Situation previous to the triggering transaction | |
| Sedol 4373355/ ISIN IE0002325243 | Number of shares 2,297,114 | Number of voting rights 3.0656% |
| Resulting situation after the triggering transaction | |||||
| Class/type of shares if possible use ISIN CODE | Number of shares | Number of voting rights | % of voting rights | ||
| Sedol 4373355/ ISIN IE0002325243 | 1,917,114 | Direct | Indirect | Direct 2.5585%
| Indirect |
B: Financial Instruments
Resulting situation after the triggering transaction
| Type of financial instrumentN/A | Expiration date | Exercise/conversion period/date | No. of voting rights that may be acquired (if the instrument exercised/ converted) | % of voting rights |
Total (A+B)
| Number of voting rights 1,917,114 | % of voting rights 2.5585% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable :
……………..
Proxy Voting:
10. Name of proxy holder:
……………..
11. Number of voting rights proxy holder will cease to hold:
……………..
12. Date on which proxy holder will cease to hold voting rights:
……………..
13. Additional information:
……………..
14. Contact name:
……………..
15. Contact telephone number:
……………..
Annex: Notification of major interests in shares
A: Identity of the persons or legal entity subject to the notification obligation
Full name (including legal form of legal entities):
Ger Knowles, Head of Business Risk Management ……………..
Contact address (registered office for legal entities):
Irish Life Investment Managers, Beresford Place, Beresford Court, Dublin 1
Phone number & email:
01 704-2097, compliance@ilim.com ……………..
Other useful information (at least legal representative for legal persons):
……………..
B: Identity of the notifier, if applicable
Full name:
……………..
Contact address:
……………..
Phone number & email:
……………..
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation):
……………..
C: Additional information:
……………..
This announcement has been issued through the Companies Announcement Service of
the Irish Stock Exchange.