Holding(s) in Company

RNS Number : 9718B

Babcock International Group PLC

04 November 2009

 

TR-1i: NOTIFICATION OF MAJOR INTERESTS IN SHARES

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

Babcock International Group PLC

2. Reason for the notification (please state Yes/No):

An acquisition or disposal of voting rights: YES

Disclosure of holdings follows the sale of Insight Investment Management Limited on 2 November 2009. This notification supersedes any notifications previously issued by Lloyds Banking Group plc. 

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

Lloyds Banking Group plc

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

Scottish Widows Investment Partnership Ltd

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

2 November 2009

6. Date on which issuer notified:

4 November 2009

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

N/A - Direct/Indirect holdings remain above 6%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares if possible using the ISIN CODE

GB0009697037 (Ordinary 60p)

Situation previous to the Triggering transaction 

Number of shares 13,837,144

Number of voting Rights  13,837,144

Resulting situation after the triggering transaction 

Number of shares	Number of voting rights		% of voting rights
Direct 421,904	Direct  421,904	Indirect 13,879,288	Direct 0.184%	Indirect 6.044%

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
N/A

Total (A+B)

Number of voting rights 14,301,192	% of voting rights 6.228%

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

12,941,834 shares (5.636%) are under the control of Scottish Widows Investment Partnership Ltd, a wholly owned subsidiary of Scottish Widows Group Ltd, a wholly owned subsidiary of Lloyds TSB Bank plc, a wholly owned subsidiary of Lloyds Banking Group plc (Indirect Interests).

Contact name:

Valerie Teller

Contact telephone number:

020 7355 5330

 

END

 

 

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