Holding(s) in Company

RNS Number : 2321B

Balfour Beatty PLC

22 October 2009

 



22 October 2009  

Consequent upon amendment to Chapter 5 of the Disclosure and Transparency Rules, Balfour Beatty plc ("the Company") received notice on 21 October 2009 from M&G Investment Management Limited, on behalf of Prudential plc ("Prudential") and certain of its subsidiary companies, confirming that Prudential continues to hold a direct interest in 5.24% of the Company's total voting rights (50p Ordinary Shares in the Company).  

The Company has also been advised that this includes the interests of the following subsidiary companies of Prudential, who are also interested in the same 50p Ordinary Shares in the Company:  

M&G Group Limited (wholly owned subsidiary of Prudential plc):  5.11%  

M&G Limited (wholly owned subsidiary of M&G Group Limited):  5.11%  

M&G Investment Management Limited (wholly owned subsidiary of M&G Limited):  5.06%  

The Prudential Assurance Company Limited (wholly owned subsidiary of Prudential plc):  3.96%  

The Company has also been advised that ("Prudential") and certain of its subsidiary companies are also interested in 3.14% of the Company's Cumulative Convertible Redeemable Preference Shares of 1p each ("Preference Shares"). However, the Preference Shares carry no voting rights at a general meeting of the Company, except where the dividend is six months or more in arrears, or where the business of the meeting includes a resolution which directly affects the rights and privileges attached to the Preference Shares or a resolution for the winding-up of the Company.  

 

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