Holding(s) in Company

RNS Number : 0759T

3i Group PLC

14 November 2013

 



NOTIFICATION OF MAJOR INTERESTS IN SHARES

On 13 November 2013 3i Group plc ("the Issuer") was notified of the following details relating to a major interest in its shares.

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:     

3i Group plc

2. Reason for the notification:

An acquisition or disposal of voting rights.

3. Full name of person(s) subject to the notification obligation:

Sherborne Investors Management (Guernsey) LLC

Sherborne Investors Management LP

Sherborne Investors Management GP, LLC

Edward Bramson

4. Full name of shareholder(s) (if different from 3):        

SIGB, LP, acting by its general partner Sherborne Investors (Guernsey) GP, LLC, and Sherborne Investors (Guernsey) GP, LLC, each as a counterparty to the investment management agreement with Sherborne Investors Management (Guernsey) LLC

5. Date of the transaction and date on which the threshold is crossed or reached:

12 November 2013

6. Date on which issuer notified:   

13 November 2013

7. Threshold(s) that is/are crossed or reached:

5%

8. Notified details:   

A: Voting rights attached to shares
Class/type of shares	Situation previous to the triggering transaction		Resulting situation after the triggering transaction
if possible using the ISIN CODE	Number of Shares	Number of Voting Rights	Number of shares	Number of voting rights		% of voting rights
			Direct	Direct	Indirect	Direct	Indirect
GB00B1YW4409	49,843,628	49,843,628	Below 5%

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ Conversion  Period/ Date	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights
N/A	N/A	N/A	N/A	N/A

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
N/A	N/A	N/A	N/A	N/A	Nominal	Delta
					N/A	N/A

Total (A+B+C)
Number of voting rights	% of voting rights
	Below 5%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

Edward Bramson is the managing member of Sherborne Investors Management GP, LLC. Edward Bramson, Stephen Welker and Craig McKibben are each members of an investment committee of Sherborne Investors Management GP, LLC which makes all decisions regarding the acquisition, holding, voting, or disposition of investment securities managed, directly or indirectly, by Sherborne Investors Management GP, LLC.

Sherborne Investors Management GP, LLC is the general partner of Sherborne Investors Management LP. Sherborne Investors Management LP is the sole member of Sherborne Investors Management (Guernsey) LLC.

Sherborne Investors Management (Guernsey) LLC is an investment manager which is entitled to exercise discretion over the voting rights in the issuer held by Sherborne Investors (Guernsey) GP, LLC as the general partner of SIGB, LP, which are the subject of this notification of major interest in shares.

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:  

Sherborne Investors Management LP is an investment adviser registered with the United States Securities and Exchange Commission under the U.S. Investment Advisers Act 1940. Sherborne Investors Management (Guernsey) LLC, as a wholly owned subsidiary of Sherborne Investors Management LP, is registered and regulated under the U.S. Investment Advisers Act 1940 as an investment adviser relying on the registration of its parent, Sherborne Investors Management LP.

Issuer contact details:

Jackie Harper, Group Secretariat

Telephone: [phone]

 

END

 

 

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