Holding(s) in Company

RNS Number : 8349O
Direct Line Insurance Group PLC
16 October 2012
 

 TR-1 NOTIFICATION OF MAJOR INTEREST IN SHARES

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

 

Direct Line Insurance Group 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): Following Offer of Ordinary Shares and admission to the Premium Listing segment of the Official List and to trading on the London Stock Exchange

X

 

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

 

 

The Royal Bank of Scotland Group plc

 

4. Full name of shareholder(s):

(if different from 3)

 

 

The Royal Bank of Scotland Group plc

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

 

16/10/2012

 

6. Date on which issuer notified

 

 

16/10/2012

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

3%

 

  

8. Notified details:

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


Ord GBP 0.10

 

GB00B89W0M42

Direct

Direct

Indirect

Direct

Indirect

1,500,000,000

1,500,000,000

1,046,708,583

1,046,708,583


69.78%


 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/

Conversion Period

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

Resulting situation after the triggering transaction

Type of financial instrument

Expiration Price

Expiration date

Exercise/

Conversion Period

Number of voting rights instrument refers to

% of voting rights

 

 





Nominal

Delta



Total A + B + C

Number of Voting Rights

Percentage of Voting Rights

1,046,708,583

69.78%

  

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

The Royal Bank of Scotland Group plc (69.78%)

 

 

Proxy Voting

10. Name of the proxy holder:

Percentage of Voting Rights

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:

This Notification is based on a Total Voting Rights figure of 1,500,000,000.

14. Contact name:

RBS Group - Richard Hopkins

Direct Line Group - Robert Franklin

15. Contact telephone number:

RBS Group - 0207 672 0354

Direct Line Group - 020 8285 3764

 

 

 


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