Holding(s) in Company

RNS Number : 0760F

Admiral Group PLC

03 October 2008

 



Admiral Group plc

Notification of interest in shares

3 October 2008

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:	Admiral Group PLC
2. Reason for the notification  (please tick the appropriate box or boxes)
An acquisition or disposal of voting rights		X
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 the notification obligation:	Newton Investment Management Limited
4. Full name of shareholder(s) (if different from 3.):
5. Date of the transaction (and date on which the threshold is crossed or reached if different):	02/10/08
6. Date on which issuer notified:	03/10/08
7. Threshold(s) that is/are crossed or reached:	Decrease from 4.11% to 3.99%
8. Notified details:	Sale of 326,961 shares

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	Direct	Indirect	Direct	Indirect
Ordinary Shares ISIN GB00B02J6398	10,874,472	4.11%	N/A	N/A	10,547,511	N/A	3.99%

B: 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

Total (A+B)
Number of voting rights	% of voting rights
10,547,511	3.99%

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

Newton Investment Management Limited hold these shares as a discretionary Investment Manager.

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:
14. Contact name:	Matt Beattie
15. Contact telephone number:	[phone]

Annex Notification Of Major Interests In Shares

A: Identity of the person or legal entity subject to the notification obligation
Full name (including legal form for legal entities)	Newton Investment Management Ltd
Contact address (registered office for legal entities)	Mellon Financial Centre 160 Queen Victoria Street  London EC4V 4LA
Phone number	[phone]
Other useful information (at least legal representative for legal persons)	Rachel Wheeler

B:     Identity of the notifier, if applicable
Full name	Newton Investment Management Ltd
Contact address	Mellon Financial Centre 160 Queen Victoria Street  London EC4V 4LA
Phone number	[phone]
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)	Discretionary Investment Manager

C:    Additional information

 

END

 

 

HOLUUGQAUUPRGWW