NB Distressed Debt Invest. Fd. Ltd Holding(s) in Company (8842W)
February 14 2017 - 10:32AM
UK Regulatory
TIDMNBDD TIDMNBDX TIDMNBDG TIDMPRU
RNS Number : 8842W
NB Distressed Debt Invest. Fd. Ltd
14 February 2017
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
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1. Identity of the issuer or the underlying NB Distressed Debt Investment Fund
issuer Limited
of existing shares to which voting rights
are
attached: (ii)
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2 Reason for the notification (please tick the appropriate box or boxes):
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An acquisition or disposal of voting rights X
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An acquisition or disposal of qualifying financial instruments
which may result in the acquisition of shares already issued to
which voting rights are attached
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An acquisition or disposal of instruments with similar economic
effect to qualifying financial instruments
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An event changing the breakdown of voting rights
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Other (please specify):
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3. Full name of person(s) subject Prudential plc group of companies
to the
notification obligation: (iii)
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4. Full name of shareholder(s)
(if different from 3.):(iv) Prudential plc
The Prudential Assurance Company Limited
M&G Group Limited
M&G Limited
M&G Investment Management Limited
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5. Date of the transaction and date 13 February 2017
on
which the threshold is crossed
or
reached: (v)
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6. Date on which issuer notified: 14 February 2017
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7. Threshold(s) that is/are crossed
or
reached: (vi, vii) 14% - 15%
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8. Notified details:
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A: Voting rights attached to shares (viii, ix)
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Class/type of Situation previous Resulting situation after the triggering
shares to the triggering transaction
transaction
if possible
using
the ISIN CODE
--------------------- ------------------------------------ --------------------------------------------------------------------
Number Number Number Number of voting % of voting rights
of of of shares rights (x)
Shares Voting
Rights
------------------- ----------------- ----------------- --------------- ------------------------ -------------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
------------------- ------------- ------------- --------------- --------- ------------- ----------- ------------
EXTED LIFE
RED ORD NPV
SHS
GG00BZ001B27 24,507,782 24,507,782 26,507,782 0 26,507,782 0 7.54%
--------------------- ----------------- ----------------- --------------- --------- ------------- ----------- ------------
NEW RED ORD
NPV
GG00BH7JH183 27,366,750 27,366,750 27,366,750 0 27,366,750 0 7.79%
--------------------- ----------------- ----------------- --------------- --------- ------------- ----------- ------------
B: Qualifying Financial Instruments
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Resulting situation after the triggering transaction
---------------------------------------------------------------------------------------------------------------------------------
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date (xiii) Conversion Period rights that may rights
(xiv) be
acquired if the
instrument is
exercised/ converted.
----------------------- ----------------- ---------------------------------- ------------------------ -----------------------
NEW RED ORD NPV 13,000 0.00%
GG00BH7JH183
(Right of Recall)
----------------------- ----------------- ---------------------------------- ------------------------ -----------------------
C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments (xv, xvi)
---------------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
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Type of financial Exercise Expiration Exercise/ Number of voting % of voting rights
instrument price date (xvii) Conversion rights instrument (xix, xx)
period refers to
(xviii)
------------------- ----------------- ----------------- --------------- -------------------------- -------------------------
Nominal Delta
------------------- ----------------- ----------------- --------------- -------------------------- ------------- ----------
Total (A+B+C)
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Number of voting rights Percentage of voting rights
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53,887,532 15.33%
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9. Chain of controlled undertakings through which the voting rights and/or
the
financial instruments are effectively held, if applicable: (xxi)
---------------------------------------------------------------------------------------------------------------------------------
Prudential plc (parent Company) - 53,887,532 (15.33%)
The Prudential Assurance Company Limited (wholly owned subsidiary of
Prudential plc) - 52,191,949 (14.85%)
M&G Group Limited (wholly owned subsidiary of Prudential plc) - 53,887,532
(15.33%)
M&G Limited (wholly owned subsidiary of M&G Group Limited) - 53,887,532
(15.33%)
M&G Investment Management Limited (wholly owned subsidiary of M&G Limited)
- 53,887,532 (15.33%)
Proxy Voting:
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10. Name of the proxy holder: N/A
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11. Number of voting rights proxy holder will N/A
cease
to hold:
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12. Date on which proxy holder will cease to N/A
hold
voting rights:
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13. Additional information:
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14. Contact name: John Baker / Owen Smith / James Todd
M&G Investment Management Limited
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020 7004 4517 / 020 7548 2293 / 020
15. Contact telephone number: 7548 2293
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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