Holding(s) in Company

RNS Number : 3524V
Barclays PLC
08 July 2009
 







TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi



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

attached:
 ii

Barclays PLC

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights


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):

Regulatory announcement by issuer of an increased total in its issued ordinary shares with voting rights

x

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

His Excellency Khadem Abdulla Khadem Butti Al Qubaisi ('HE Khadem Al Qubaisi')


KAQ Holdings Limited ('KAQ')

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

KAQ Holdings Limited ('KAQ')

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

reached:
 v

3 July 2009

6. Date on which issuer notified:

7 July 2009

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

9%, 8%, 7%

  

8. Notified details:

A: Voting rights attached to shares viii, ix

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 x

Direct

Direct xi

Indirect xii

Direct

Indirect











B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date 
xiii

Exercise/ 
Conversion Period 
xiv

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 xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date xvii

Exercise/
Conversion period 
xviii

Number of voting rights instrument refers to


% of voting rights xix, xx


Option

Subject to prior conditions

No expiration date

No exercise period

758,437,618


Nominal

Delta

6.88%

Not required


Total (A+B+C)

Number of voting rights

Percentage of voting rights

758,437,618

6.88%

  

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

The option has been granted to KAQ, which is wholly owned by HE Khadem Al Qubaisi.


The option is to acquire, at any time, the entire share capital (and not a portion only) of Kadin Holdings Ltd. ('Kadin'). Kadin wholly owns PCP Gulf Invest 3 Limited, which, in turn, owns warrants exercisable into 758,437,618 ordinary shares in Barclays PLC at an exercise price of 197.775p. The expiration date of the warrants is 31 October 2013.


Proxy Voting:

10. Name of the proxy holder:


11. Number of voting rights proxy holder will cease
to hold:


12. Date on which proxy holder will cease to hold
voting rights:




13. Additional information:

On 3 July 2009, Barclays PLC released a regulatory announcement that its total issued ordinary shares with voting rights was 11,027,630,910.


As a direct result, the aggregate percentage of voting rights in Barclays PLC referenced by the option granted to KAQ and HE Khadem Al Qubaisi is required to be recalculated from 9.04% to 6.88%.


The previous percentage of 9.04% is as stated in the regulatory announcement of KAQ and HE Khadem Al Qubaisi that was filed on 8 June 2009, and which was based on a total issued Barclays PLC ordinary share capital of 8,391,578,567 as announced by Barclays PLC on 29 May 2009.

14. Contact name:

Fryderyk J. Holc

15. Contact telephone number:

+971.(2).417.6690




This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
HOLSSWFLASUSEFW

Companies

Barclays (BARC)
UK 100

Latest directors dealings