State Bk.in.gdr Regulatory News (SBID)

29 Jan 2008 15:21

State Bank Of India29 January 2008 ANNOUNCEMENT Under SEBI (Substantial Acquisition Of Shares and Takeovers) Regulations, 1997 In terms of Regulation 7 (3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997, we enclose in the prescribed format the change inthe holding of Life Insurance Corporation of India, (LIC) due to acquisition ofshares, as advised by LIC, A copy of their letter dated 16.01.2008 is enclosed. Format for informing details of acquisition to Stock Exchanges by targetcompany, in terms of Regulation 7 (3) Name of Target Company (Reporting Company): State Bank of India +------------------+--------------------------------------------------------------------------------------------------+|Date of Reporting |21-01-2008 |+------------------+--------------------------------------------------------------------------------------------------+|Name of Stock |1. The Bombay Stock Exchange Ltd., Mumbai (BSE) ||Exchanges |2. The National Stock Exchange of India Ltd., (NSE), Mumbai, ||where shares |3. The Stock Exchanges, Kolkata, ||of reporting |4. Chennai. ||company are |5. New Delhi, and ||listed. |6. Ahmedabad |+------------------+--------------------------------------------------------------------------------------------------+ | |Details of Acquisition as informed u/r 7 (1) |+-------------+---------------+--------------------+----------------+------------------------+------------------------+|Name of | Date of | Mode of | No & % of | Shareholding of | Shareholding of ||Acquirer(s) | Acquisition/ | acquisition | shares/ | acquirers stated at | acquirer(s) || | date of | (market | voting | (A) before | stated at (A) || | receipt of | purchases/ | rights | acquisition (In | after acquisition || | intimation of | interse | acquired | terms of No. & % of | (In terms of No. || | allotment by | transfer/public | | Shares/VRs) | & % of shares/VRs) || | acquirer | /fights | | | || | | /preferential | | | || | | offer etc., | | | || | | | | | ||(A) | (B) | (C) | (D) | (E) | (F) || | | | | | |+-------------+---------------+--------------------+----------------+------------------------+------------------------+ |Life | | | | | ||Insurance | | | | | ||Corporation | | | 99000 | 26275353 | 26374353 ||of India | 21.01.2008 | Open Market | 0.02% | 4.99% | 5.01% || | | | | | |+-------------+---------------+--------------------+----------------+------------------------+------------------------+ General Manager (Shares & Bonds)State Bank of India,Shares & Bonds Dept.,Corporate Centre, Mumbai. Date: 29.01.2008 Re: Regulation 7- Details of change in shareholding in Respect of persons holding more than 5 % shares in a Listed Company. As per the requirement of the Regulation 7 of the SEBI Regulations, we areInforming the shareholding in the enclosed format (FORM C). We also inform our DP ID and Client ID as below: DP ID : IN 300812 Client ID : 10000012 10491937 10491970 10492462 DP ID : IN 300126 Client ID : 11179676 11197419 11197396 11197402 11211897 11211902 FORM A Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 1992 (Regulation 13 (1) and (6) Regulation 13(1) - Details of acquisition of 5% or more shares in a listed Company - STATE BANK OF INDIA +---------------------------------------------------------+---------------------------------------------+|Name & Address of the Shareholder with telephone number | LIFE INSURANCE CORPORATION INDIA, || | Investment department, Back office Central || | Office Yagakshema, Mumbai-400021 || | || | 022 66598626 |+---------------------------------------------------------+---------------------------------------------+|Shareholding prior to acquisition | 26275353 & 4.99% |+---------------------------------------------------------+---------------------------------------------+No. & percentage of Shares/voting rights acquired | 99000 & 0.02% |+---------------------------------------------------------+---------------------------------------------+Date of receipt of allotment/ advice. | |Date of acquisition (specify) | 15/01/2008 |+---------------------------------------------------------+---------------------------------------------+Date of intimation to company | 16/01/2008 |+---------------------------------------------------------+---------------------------------------------+Mode of acquisition (market purchase/public/rights/ | |preferential offer etc.) | MARKET PURCHASES |+---------------------------------------------------------+---------------------------------------------+Shareholding subsequent to acquisition | 26374353 & 5.01% |+---------------------------------------------------------+---------------------------------------------+Trading member through whom the trade was executed | |with SEBI Registration No. of the TM | VARIOUS BROKERS |+---------------------------------------------------------+---------------------------------------------+Exchange on which the trade was executed | NSE & BSE |+---------------------------------------------------------+---------------------------------------------+Buy Quantity | 99000 |+---------------------------------------------------------+---------------------------------------------+Buy Value | RS.242641284.10 |+---------------------------------------------------------+---------------------------------------------+ Place: Mumbai Date: 16/01/2008 Format for disclosure of details of acquisition to target company and stock exchanges where the shares of the target company are listed, in terms of Regulation 7 (1) +---------------------------------------------------+-----------------------------------------------+| | ||Name of the Target company | STATE BANK OF INDIA |+---------------------------------------------------+-----------------------------------------------+|Name of the acquirer and PAC with the acquirer | LIFE INSURANCE CORPORATION OF INDIA |+---------------------------------------------------+-----------------+-----------------------------+| | Number | % w.r.t. total paid up ||Details of the acquisition as follows | | capital of Target Company |+---------------------------------------------------+-----------------+-----------------------------+| | | ||a) Shares/Voting rights (VR) before acquisition | | || under consideration | 26275353 | 4.99 ||+--------------------------------------------------+-----------------+-----------------------------+|b) Shares/voting rights acquired | 999000 | 0.02 |+---------------------------------------------------+-----------------+-----------------------------+|c) Share/VR after acquisition | 26374353 | 5.01 |+---------------------------------------------------+-----------------+-----------------------------+|Mode of acquisition (e.g. open market/public | ||issue/rights issue/preferential allotment/ | ||interest transfer etc) | Open market |+---------------------------------------------------+-----------------------------------------------+|Date of acquisition of shares/VR or date of | ||receipt of intimation of allotment of shares, | ||whichever is applicable | 15/01/2008 |+---------------------------------------------------+-----------------------------------------------+|Paid up capital/total voting capital of the | 5262988780 ||target company before the said acquisition | |+---------------------------------------------------+-----------------------------------------------+|Paid up capital/total voting capital of the | 5262988780 ||target company after the said acquisition | |+---------------------------------------------------+-----------------------------------------------+ Note: 1. The disclosure shall be made whenever the post acquisition holding crosses 5%, 10% and 14% of the total paid up capital of the target company within 2 days of the acquisition. 2. The stock exchange shall immediately display the above information on the trading screen, the notice board and also on its website. Place: Mumbai Date: 16/01/2008 This information is provided by RNS The company news service from the London Stock Exchange