NSAM New Star

    TR-1: Notifications of Major Interests in Shares                               

1. Identity of the issuer or the underlying     New Star Asset Management Group
issuer of existing shares to which voting                     PLC              
rights are attached:                                                           
                                                                               
2. Reason for notification (yes/no)                                            
                                                                               
An acquisition or disposal of voting rights                             Yes    
                                                                               
An acquisition or disposal of financial instruments which may result           
in the acquisition of shares already issued to which voting rights             
are attached                                                                   
                                                                               
An event changing the breakdown of voting rights                               
                                                                               
Other (please specify):______________                                          
                                                                               
3. Full name of person(s) subject to     BT Pension Scheme Trustees Limited as 
notification obligation:                 trustee of the BT Pension Scheme. See 
                                          Section 9 for further information.   
                                                                               
4. Full name of shareholder(s) (if                        N/A                  
different from 3):                                                             
                                                                               
5. Date of transaction (and date on                 02 January 2009            
which the threshold is crossed or                                              
reached if different):                                                         
                                                                               
6. Date on which issuer notified:                   05 January 2009            
                                                                               
7. Threshold(s) that is/are crossed or               From 3% to 2%             
reached:                                                                       

8: Notified Details                                                           
                                                                              
A: Voting rights attached to shares                                           
                                                                              
Class/type of   Situation previous      Resulting situation after the triggering    
shares           to the triggering                   transaction                                 
                       transaction                                                     
If possible                                                                   
use ISIN 
code          Number of  Number of  Number of    Number of voting     Percentage of            
                 shares     voting     shares        rights           voting rights            
                            rights                                                           
                                                Direct    Indirect   Direct  Indirect         
                                                                              
GB00B1VJF742  8,119,455  8,119,455  7,464,961  7,464,961   495,000   2.779%   0.184%  
                                                                              

B: Financial Instruments                                                       
                                                                               
Resulting situation after the triggering transaction                           
                                                                               
Type of        Expiration     Exercise/       No. of voting      Percentage of 
financial      date           conversion      rights that may be voting rights 
instrument                    period/date     acquired (if the                 
                                              instrument                       
                                              exercised/                       
                                              converted)                       
                                                                               

Total (A+B)                                                                    
                                                                               
Number of voting rights                 Percentage of voting rights            
                                                                               
7,959,961                               2.964%                                 

9. Chain of controlled undertakings through which the voting rights and /or the
financial instruments are effectively held, if applicable:                     
                                                                               
BT Pension Scheme Trustees Limited is the parent undertaking of Britel Fund    
Trustees Limited, which is the parent undertaking of Hermes Fund Managers      
Limited. Hermes Fund Manager Limited is the parent undertaking of:             
                                                                               
1. Hermes Equity Ownership Services Limited (voting rights held in this issuer:
2.963%)                                                                        
                                                                               
2. Hermes Investment Management Limited (voting rights held in this issuer: 0%)
                                                                               
Please see Section 13 for further information.                                 

Proxy Voting:                                                                  
                                                                               
10. Name of proxy holder:               See Comment in Section 13.             
                                                                               
11. Number of voting rights proxy       See Comment in Section 13.             
holder will cease to hold:                                                     
                                                                               
12. Date on which proxy holder will     See Comment in Section 13.             
cease to hold voting rights:                                                   

13. Additional information:             Hermes Equity Ownership Services       
                                        Limited hold the voting rights under a 
                                        standing proxy contained in agreements 
                                        for the provision of voting services to
                                        various underlying clients for the     
                                        puropses of DTR 5.2.1(h), which        
                                        includes all the shares owned directly 
                                        by BT Pension Scheme.                  
                                                                               
                                        Hermes Investment Management Limited   
                                        hold the voting rights under a standing
                                        proxy contained in investment          
                                        management agreements with various     
                                        underlying clients for the purposes of 
                                        DTR 5.2.1(h).                          
                                                                               
                                        All voting rights held on behalf of the
                                        above entities are aggregated for the  
                                        purposes of DTR 5.2.1(e).              
                                                                               
                                        This disclosure is made by BT Pension  
                                        Scheme Trustees Limited, which is the  
                                        ultimate parent undertaking for the    
                                        purposes of DTR 5.2.1(e).              
                                                                               
14 Contact name:                        Bhupinder Kalsi                        
                                                                               
15. Contact telephone number:           +44 207 225 6053                       



END

New Star Asset Management (LSE:NSAM)
Historical Stock Chart
From Jun 2024 to Jul 2024

New Star Asset Management (LSE:NSAM)
Historical Stock Chart
From Jul 2023 to Jul 2024