Balfour Beatty PLC Holding(s) in Company (2973I)
August 26 2016 - 10:49AM
UK Regulatory
TIDMBBY TIDMSDR
RNS Number : 2973I
Balfour Beatty PLC
26 August 2016
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
(i)
1. Identity of the issuer or the underlying Balfour Beatty plc
issuer
of existing shares to which voting rights
are
attached: (ii)
-------------------------------------------------- ------------------------------------
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 Type 1 disclosure as per the Transparency Directive x
specify): II Regulation
------------------ ----------------------------------------------------------- -------
3. Full name of person(s) subject Schroders plc
to the
notification obligation: (iii)
------------------------------------------- -------------------------------------------
4. Full name of shareholder(s) Schroder Investment Management Limited
(if different from 3.):(iv)
------------------------------------------- -------------------------------------------
5. Date of the transaction and date 25.08.16
on
which the threshold is crossed
or
reached: (v)
------------------------------------------- -------------------------------------------
6. Date on which issuer notified: 26.08.16
------------------------------------------- -------------------------------------------
7. Threshold(s) that is/are crossed Above 5%
or
reached: (vi, vii)
------------------------------------------- -------------------------------------------
8. Notified details:
------------------------------------------------------------------------------------------------------------------------
A: Voting rights attached to shares (viii, ix)
------------------------------------------------------------------------------------------------------------------------
Class/type Situation previous Resulting situation after the triggering
of to the triggering transaction
shares transaction
if possible
using
the ISIN CODE
-------------- --------------------------------------- ---------------------------------------------------------------
Number Number Number Number of voting % of voting
of of of shares rights rights (x)
Shares Voting
Rights
-------------- ------------------- ------------------ ----------------- ---------------------- --------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
-------------- ----- ----- --- ----- --- ------ ----------------- ------- ------------- ------- -----------
Ordinary
GB0000961622 32,558,524 32,558,524 34,721,314 N/A 34,711,704 N/A 5.033%
------------------- ------------------ ----------------- ------- ------------- ------- -----------
B: Qualifying Financial Instruments
------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
------------------------------------------------------------------------------------------------------------------------
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date (xiii) Conversion rights that may rights
Period (xiv) be
acquired if the
instrument is
exercised/ converted.
----------------------- ----------------- -------------------------- -------------------------- --------------------
C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments (xv, xvi)
------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
------------------------------------------------------------------------------------------------------------------------
Type of Exercise Expiration Exercise/ Number of voting % of voting rights
financial price date (xvii) Conversion rights instrument (xix, xx)
instrument period refers to
(xviii)
---------------- ------------ --------------- --------------- ---------------------------- ------------------------
Nominal Delta
---------------- ------------ --------------- --------------- ---------------------------- ----------- -----------
Total (A+B+C)
------------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
---------------------------------------------------------------- ------------------------------------------------------
34,711,704 5.033%
---------------------------------------------------------------- ------------------------------------------------------
9. Chain of controlled undertakings through which the voting rights and/or
the
financial instruments are effectively held, if applicable: (xxi)
-----------------------------------------------------------------------------------------
Schroder Investment Management Limited 34,711,704 5.033%
Proxy Voting:
-----------------------------------------------------------------------------------------
10. Name of the proxy holder:
------------------------------------------------------ ---------------------------------
11. Number of voting rights proxy holder will
cease
to hold:
------------------------------------------------------ ---------------------------------
12. Date on which proxy holder will cease to
hold
voting rights:
------------------------------------------------------ ---------------------------------
This disclosure has been made based
13. Additional information: on the legal entity postion crossing
the 5% threshold. Schroders plc's
position remains as per the last disclosure
made 05.07.16. The shares referred
to in section 9 are held in portfolios
managed by those firms on a discretionary
basis for clients under investment
management agreements. This disclosure
has been calculated based on issue
share capital amount 689,739,619.
---------------------------------------- -----------------------------------------------
14. Contact name:
Chloe Talbot
---------------------------------------- -----------------------------------------------
15. Contact telephone number: 020 7658 6000
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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