26 Oct 2009 10:42
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | ||||
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii | Xaar Plc | |||
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 the notification obligation: iii | Legal & General Group Plc (Group) Legal & General Investment Management Limited (LGIM) Legal & General Group Plc (L&G) | |||
4. Full name of shareholder(s) (if different from 3.):iv | Legal & General Assurance Society Limited (LHAS & LGPL) Legal & General (Unit Trust Managers) Limited (UTM) | |||
5. Date of the transaction and date on which the threshold is crossed or reached: v | 22 October 2009 | |||
6. Date on which issuer notified: | 23 October 2009 | |||
7. Threshold(s) that is/are crossed or reached: vi, vii | Above 15% (Group) Above 15% (LGIM) From 6%-7% (L&G) |
8. Notified details: | ||||||||||||||||
A: Voting rights attached to shares viii, ix | ||||||||||||||||
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 x | ||||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | ||||||||||||
ORD | 6,882,506 (LGIM) | 6,882,506 (LGIM) | 8,949,066 | 4,726,017 | 4,223,049 | 7.514 | 6.714 | |||||||||
GBP 0.10 | 3,926,319 (L&G) | 3,926,319 (L&G) | ||||||||||||||
B: Qualifying Financial Instruments | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financial instrument | Expiration date xiii | Exercise/ Conversion Period xiv | Number of voting rights that may be acquired if the instrument is exercised/ converted. | % of voting rights | ||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financial instrument | Exercise price | Expiration date xvii | Exercise/ Conversion period xviii | Number of voting rights instrument refers to | % of voting rights xix, xx | |||||||||||
CFD | N/A | N/A | N/A | 592,500 | Nominal | Delta | ||||||||||
0.942 | 0.942 | |||||||||||||||
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
9,541,566 | 15.17 |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi | |||||||||||||||||||||||
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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 | ||||||||||||||||||||||
13. Additional information: | Notification using the total voting rights figure of 62,895,633 | ||||||||||||||||||||||
14. Contact name: | Helen Lewis (LGIM) | ||||||||||||||||||||||
15. Contact telephone number: | 020 3124 3851 |