Shanks Group plc (ticker: SKS.L, exchange: London Stock Exchange (.L))
News Release -
23-Mar-2010
Holding(s) in CompanyRNS Number : 0017J Shanks Group PLC 23 March 2010 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
|
| 1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached: | Shanks Group 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: | Legal & General Group Plc (L&G) | 4. Full name of shareholder(s) (if different from 3.): | Legal & General Assurance (Pensions Management) Limited (PMC) | 5. Date of the transaction and date on
which the threshold is crossed or
reached: | 19 March 2010 | 6. Date on which issuer notified: | 22 March 2010 | 7. Threshold(s) that is/are crossed or
reached: | L&G (From 6% to 4%) | | | | | |
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 | Resulting situation after the triggering transaction | Number
of
Shares | Number
of
Voting
Rights | Number
of shares | Number of voting
rights | % of voting rights | Direct | Indirect | Direct | Indirect | Ordinary 10p | 27,384,765 (As on 19/03/2010) | 19,746,010 | 19,746,010 |
| 4.97% |
|
| B: Qualifying Financial Instruments | Resulting situation after the triggering transaction | Type of financial
instrument | Expiration
date | Exercise/
Conversion Period | 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 | Resulting situation after the triggering transaction | Type of financial
instrument | Exercise price | Expiration date | Exercise/
Conversion period | Number of voting rights instrument refers to | % of voting rights |
|
|
|
| | Nominal | Delta |
|
|
| Total (A+B+C) | Number of voting rights | Percentage of voting rights | 19,746,010 | 4.97% | | | | | | | | | | | | | | | | | |
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: | Legal & General Group Plc (Direct and Indirect) (Group) ( 23,439,534 - 5.90%= Total Position) |
| Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) ( 23,439,534 - 5.90%= Total Position) |
| Legal & General Investment Management Limited (Indirect) (LGIM) ( 23,439,534 - 5.90%= Total Position) |
| Legal & General Group Plc (Direct) (L&G) ( 19,746,010 - 4.97%=LGAS, LGPL & PMC) | Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD) ( 12,996,166 - 3.27%= PMC) | Legal & General Insurance Holdings Limited (Direct) (LGIH) | Legal & General Assurance (Pensions Management) Limited (PMC) ( 12,996,166 - 3.27%= PMC) | Legal & General Assurance Society Limited (LGAS & LGPL) |
| Legal & General Pensions Limited (Direct) (LGPL) | | | |
|
| 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 396,791,273 | 14. Contact name: | Joanne Shelton (LGIM) | 15. Contact telephone number: | 020 3124 3850 | | | |
This information is provided by RNS
The company news service from the London Stock Exchange END HOLMMGZFRFMGGZG |