Holding(s) in Company

RNS Number : 9435B
Direct Line Insurance Group PLC
10 March 2014
 



 

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

X

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):



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

CREDIT SUISSE GROUP AG

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

CREDIT SUISSE SECURITIES (EUROPE) LTD

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

06/02/2014

6. Date on which issuer notified:

10/03/2014

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

7%



 

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

GB00B89W0M42

 

105,371,046

 

105,371,046

 

N/A

 

N/A

 

96,047,431

 

N/A

 

6.403%

 

 

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

N/A





 

 

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

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

96,047,431

6.403%

 

 

 

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

 

1.    Credit Suisse Group AG

2.    Credit Suisse AG

3.    Credit Suisse Securities (EUROPE) Limited

4.    Credit Suisse Funds AG

5.    Credit Suisse International

6.    Credit Suisse Fund Management S.A.

 

 


 

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:



 

14. Contact name:

Anthony Allen/Paul MacDonald

 

15. Contact telephone number:

+44 (0) 20 7888 5416 / 8548

 

 


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