Holding(s) in Company

RNS Number : 5895A
Direct Line Insurance Group PLC
22 March 2013
 



 

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):

Placing - Exercise of over-allotment option

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:

 

20/03/2013

6. Date on which issuer notified:

 

21/03/2013

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

 

49%

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

Direct

Direct

Indirect

Direct

Indirect

Ord GBP 0.10

 

749,766,378

749,766,378

727,770,105

727,770,105


48.51%


GB00B89W0M42

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

Exercise
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

 727,770,105

48.51%

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 (48.51%)

 

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:

 

This Notification is based upon the Voting Rights figure of 1,500,000,000

14. Contact name:

 

Richard Hopkins

15. Contact telephone number:

 

0207 672 0354

 


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