9 Jun 2010 12:52
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES | ||||
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1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: | Renold 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 qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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An event changing the breakdown of voting rights |
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Other (please specify): |
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3. Full name of person(s) subject to the notification obligation: | Prudential plc group of companies | |||
4. Full name of shareholder(s) (if different from 3.): | PRUCLT HSBC GIS NOM(UK) PAC AC NORTRUST NOMINEE LTD A/C MKK01 | |||
5. Date of the transaction and date on which the threshold is crossed or reached: v | 07 June 2010 | |||
6. Date on which issuer notified: | 08 June 2010 | |||
7. Threshold(s) that is/are crossed or reached: | See item 13 | |||
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 | Direct | Indirect | Direct | Indirect | ||||||||||||
GB0007325078 | 32,073,668 | 32,073,668 | 31,948,668 | 31,948,668 |
| 14.55% |
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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 | ||||||||||||
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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
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| Nominal | Delta | ||||||||||
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Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
31,948,668 | 14.55% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: | ||
Prudential plc (parent Company) M&G Group Limited (wholly owned subsidiary of Prudential plc) M&G Limited (wholly owned subsidiary of M&G Group Limited) M&G Investment Management Limited (wholly owned subsidiary of M&G Limited) M&G Securities Limited (wholly owned subsidiary of M&G Limited) The Prudential Assurance Company Limited (wholly owned subsidiary of Prudential plc)
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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 | |
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13. Additional information: | The notifiable position has not crossed a disclosable threshold. The notifiable position of 14.55% is an exempt holding under section 5.1.2 of the FSA's DTR Handbook.
The trigger for this notification is the movement from 5.00% to 4.95% in the non-exempt holding, which makes up part of the 14.55% notifiable interest. | |
14. Contact name: | Hannah Woodcock, Legal Manager and Company Secretary | |
15. Contact telephone number: | 0161 498 4500 | |