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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi |
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1. Identity of the issuer or the underlying issuer |
Barclays PLC |
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2 Reason for the notification (please tick the appropriate box or boxes): |
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An acquisition or disposal of voting rights |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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An event changing the breakdown of voting rights |
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Other (please specify): |
Regulatory announcement by issuer of an increased total in its issued ordinary shares with voting rights |
x |
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3. Full name of person(s) subject to the |
His Excellency Khadem Abdulla Khadem Butti Al Qubaisi ('HE Khadem Al Qubaisi') KAQ Holdings Limited ('KAQ') |
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4. Full name of shareholder(s) |
KAQ Holdings Limited ('KAQ') |
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5. Date of the transaction and date on |
3 July 2009 |
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6. Date on which issuer notified: |
7 July 2009 |
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7. Threshold(s) that is/are crossed or |
9%, 8%, 7% |
8. Notified details: |
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A: Voting rights attached to shares viii, ix |
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Class/type of
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Situation previous |
Resulting situation after the triggering transaction |
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Number |
Number |
Number |
Number of voting |
% of voting rights x |
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Direct |
Direct xi |
Indirect xii |
Direct |
Indirect |
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B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial |
Expiration |
Exercise/ |
Number of voting |
% of voting |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi |
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Resulting situation after the triggering transaction |
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Type of financial |
Exercise price |
Expiration date xvii |
Exercise/ |
Number of voting rights instrument refers to |
% of voting rights xix, xx |
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Option |
Subject to prior conditions |
No expiration date |
No exercise period |
758,437,618 |
Nominal |
Delta |
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6.88% |
Not required |
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Total (A+B+C) |
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Number of voting rights |
Percentage of voting rights |
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758,437,618 |
6.88% |
9. Chain of controlled undertakings through which the voting rights and/or the |
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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. |
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Proxy Voting: |
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10. Name of the proxy holder: |
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11. Number of voting rights proxy holder will cease |
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12. Date on which proxy holder will cease to hold |
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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. |
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14. Contact name: |
Fryderyk J. Holc |
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15. Contact telephone number: |
+971.(2).417.6690 |