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Holding(s) in Company

10 Jun 2015 14:39

RNS Number : 8025P
Powerflute Oyj
10 June 2015
 

 

For filings with the FCA include the annex

 

For filings with issuer exclude the annex

 

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

 

 

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached:

 

Powerflute OYJ

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 thenotification obligation:

Legal & General Group Plc (L&G)

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

N/A

 

5. Date of the transaction and date onwhich the threshold is crossed orreached:

 

08 June 2015

6. Date on which issuer notified:

09 June 2015

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

 

LGIM (Below 5%)

 

L&G (From 5% to 4%)

     
 

 

8. Notified details:

 

A: Voting rights attached to shares

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

 

Numberof shares

Number of votingrights

% of voting rights

Direct

Indirect

Direct

Indirect

NPV (DI)

LGIM (Above 5%)

 

16,882,900 (5.82%)

 14,167,900

 14,167,900

-

4.98%

-

NPV (DI)

L&G (From 4% to 5%)

 

16,882,900 (5.82%)

14,167,900

14,167,900

-

4.98%

-

 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

 

Type of financialinstrument

 

Expirationdate

 

Exercise/Conversion Period

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

 

% of votingrights

 

 

 

 

 

 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

 

Type of financialinstrument

 

 

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

 

 14,167,900

 

4.98%

               
 

 

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable:

 

Legal & General Group Plc (Direct and Indirect) (Group)

 

Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect = 4.98%)

 

Legal & General Investment Management Limited (Indirect) (LGIM) = 4.98%

 

Legal & General Group Plc (Direct) (L&G) ( 14,167,900 - 4.98%= 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  284,118,174

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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