Low & Bonar PLC Holding(s) in Company (4586Z)
May 26 2016 - 10:21AM
UK Regulatory
TIDMLWB TIDMPRU
RNS Number : 4586Z
Low & Bonar PLC
26 May 2016
TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing
shares to which voting rights are attached:
Low & Bonar PLC
2. Reason for the notification (please place an X inside the
appropriate bracket/s):
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 the notification
obligation:
Prudential plc group of companies
4. Full name of shareholder(s) (if different from 3.):
Prudential plc
M&G Group Limited
M&G Limited
M&G Investment Management Limited
5. Date of the transaction (and date on which the threshold is
crossed or reached if different):
25 May 2016
6. Date on which issuer notified:
26 May 2016
7. Threshold(s) that is/are crossed or reached
Below 5%
8. Notified details:
A: Voting rights attached to shares
Class/type of shares if possible using the ISIN CODE Situation previous to the Triggering transaction
------------------------------------------------------ ---------------------------------------------------
GB0005363014 Number of shares Number of voting Rights
--------------------- ----------------------------
16,542,145 16,542,145
---------------------------------------------------
Resulting situation after the triggering transaction
Class/type of Number Number of voting % of voting
shares if possible of shares rights rights
using the ISIN
CODE
---------- ------------------- ----------------
Direct Indirect Direct Indirect
---------- ------- ---------- ------ --------
GB0005363014 15,792,145 0 15,792,145 0% 4.80%
-------------------- ---------- ------- ---------- ------ --------
B: Financial Instruments
Resulting situation after the triggering transaction
Type of Expiration Exercise/Conversion Number of voting % of voting
financial Date Period/ Date rights that rights
instrument may be acquired
if the instrument
is exercised/
converted.
--------------- ------------ --------------------- ------------------- ------------
ORD GBP0.05
GB0005363014 N/A N/A 27,333 0.00%
--------------- ------------ --------------------- ------------------- ------------
C: Financial Instruments with similar economic effect to
Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type Exercise Expiration Exercise/ Number % of voting rights
of financial price Date Conversion of voting
instrument Period rights
instrument
refers
to
-------------- --------- ----------- ------------ ------------ ---------------------
Nominal Delta
-------------- --------- ----------- ------------ ------------ ----------- --------
N/A N/A N/A N/A N/A N/A N/A
-------------- --------- ----------- ------------ ------------ ----------- --------
Total (A+B+C)
Number of voting rights % of voting rights
------------------------ -------------------
15,819,478 4.80%
------------------------ -------------------
9. Chain of controlled undertakings through which the voting
rights and/or the financial instruments are effectively held, if
applicable:
N/A
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:
Prudential plc group of companies no longer hold a notifiable
interest.
14. Contact name:
Stuart Haydon, Company Secretary, Low & Bonar PLC
15. Contact telephone number:
0207 535 3180
This information is provided by RNS
The company news service from the London Stock Exchange
END
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