Last checked at 28 Feb 2011 17:43
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES | ||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: | Weir Group 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 | ||||
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: | Prudential plc group of companies | |||
4. Full name of shareholder(s) (if different from 3.): | See attached schedule | |||
5. Date of the transaction and date onwhich the threshold is crossed orreached: | 24 February 2011 | |||
6. Date on which issuer notified: | 25 February 2011 | |||
7. Threshold(s) that is/are crossed orreached: | See item 13 | |||
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 | Direct | Indirect | Direct | Indirect | ||||||||||||
GB0009465807 | 13,221,740 | 13,221,740 | 13,171,856 | 13,171,856 | 6.24% | |||||||||||
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 | |||||||||||||||
13,171,856 | 6.24% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial 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) The Prudential Assurance Company Limited (wholly owned subsidiary of Prudential plc)
| ||
Proxy Voting: | ||
10. Name of the proxy holder: | N/A | |
11. Number of voting rights proxy holder will ceaseto hold: | N/A | |
12. Date on which proxy holder will cease to holdvoting rights: | N/A | |
13. Additional information: |
The notifiable position has not crossed a disclosable threshold. The notifiable position of 6.24% is an exempt holding under section 5.1.2 of the FSA's DTR Handbook.
The trigger for this notification is the movement from 6.01% to 5.99% in the non-exempt holding, which makes up part of the 6.24% notifiable interest.
| |
14. Contact name: | Ryan Dowling / Mark Thomas M&G Investment Management Limited | |
15. Contact telephone number: | 020 7548 3261 / 020 7548 3266 | |
PRUDENTIAL PLC | ||
Registered Holder | Holding | % Voting Rights |
NORTRUST NOMINEE LTD A/C MHA01 | 50,000 | |
NORTRUST NOMINEE LTD A/C MHE01 | 160,000 | |
NORTRUST NOMINEE LTD A/C MHF01 | 46,477 | |
NORTRUST NOMINEE LTD A/C MHJ01 | 215,922 | |
NORTRUST NOMINEE LTD A/C MKB01 | 53,596 | |
NORTRUST NOMS LTD | 5,269 | |
NORTRUST NOMS LTD A/C PUS01 | 8,546 | |
PRUCLT HSBC GIS NOM(UK) PAC AC | 12,458,181 | |
PRUCLT HSBC GIS NOM(UK) PPL AC | 173,865 | |
Total | 13,171,856 | 6.24 |
M&G GROUP LIMITED | ||
Registered Holder | Holding | % Voting Rights |
NORTRUST NOMINEE LTD A/C MHA01 | 50,000 | |
NORTRUST NOMINEE LTD A/C MHE01 | 160,000 | |
NORTRUST NOMINEE LTD A/C MHF01 | 46,477 | |
NORTRUST NOMINEE LTD A/C MHJ01 | 215,922 | |
NORTRUST NOMINEE LTD A/C MKB01 | 53,596 | |
NORTRUST NOMS LTD | 5,269 | |
NORTRUST NOMS LTD A/C PUS01 | 8,546 | |
PRUCLT HSBC GIS NOM(UK) PAC AC | 12,458,181 | |
PRUCLT HSBC GIS NOM(UK) PPL AC | 173,865 | |
Total | 13,171,856 | 6.24 |
M&G INVESTMENT MANAGEMENT LIMITED | ||
Registered Holder | Holding | % Voting Rights |
NORTRUST NOMINEE LTD A/C MHA01 | 50,000 | |
NORTRUST NOMINEE LTD A/C MHE01 | 160,000 | |
NORTRUST NOMINEE LTD A/C MHJ01 | 215,922 | |
NORTRUST NOMINEE LTD A/C MKB01 | 53,596 | |
NORTRUST NOMS LTD | 5,269 | |
NORTRUST NOMS LTD A/C PUS01 | 8,546 | |
PRUCLT HSBC GIS NOM(UK) PAC AC | 12,458,181 | |
PRUCLT HSBC GIS NOM(UK) PPL AC | 173,865 | |
Total | 13,125,379 | 6.22 |
M&G LIMITED | ||
Registered Holder | Holding | % Voting Rights |
NORTRUST NOMINEE LTD A/C MHA01 | 50,000 | |
NORTRUST NOMINEE LTD A/C MHE01 | 160,000 | |
NORTRUST NOMINEE LTD A/C MHF01 | 46,477 | |
NORTRUST NOMINEE LTD A/C MHJ01 | 215,922 | |
NORTRUST NOMINEE LTD A/C MKB01 | 53,596 | |
NORTRUST NOMS LTD | 5,269 | |
NORTRUST NOMS LTD A/C PUS01 | 8,546 | |
PRUCLT HSBC GIS NOM(UK) PAC AC | 12,458,181 | |
PRUCLT HSBC GIS NOM(UK) PPL AC | 173,865 | |
Total | 13,171,856 | 6.24 |
THE PRUDENTIAL ASSURANCE COMPANY LIMITED | ||
Registered Holder | Holding | % Voting Rights |
PRUCLT HSBC GIS NOM(UK) PAC AC | 12,458,181 | |
PRUCLT HSBC GIS NOM(UK) PPL AC | 173,865 | |
Total | 12,632,046 | 5.99 |
Percentage holdings are calculated using 210,759,938 Total Voting Rights | ||