Holding(s) in Company

RNS Number : 5957G

Wolseley PLC

08 May 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:

Wolseley 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:	Cevian Capital II G.P. Limited
4. Full name of shareholder(s) (if different from 3.):	Vidacos Nominees Limited
5. Date of the transaction and date on which the threshold is crossed or reached:	7 May 2014
6. Date on which issuer notified:	7 May 2014
7. Threshold(s) that is/are crossed or reached:	Holding has gone below 5%

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
JE00BFNWV485	13,306,560	13,306,560	N/A	N/A	13,123,178	N/A	4.94%

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
13,123,178	Cevian Capital II G.P Limited.: 4.94% (being the aggregate of 4.46% held indirectly by Cevian Capital II Master Fund L.P. and 0.48% held indirectly by Cevian Capital II Co-Investment Fund L.P.)

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

Cevian Capital II G.P. Limited ("Cevian") acts as general partner for Cevian Capital II Master Fund L.P. and Cevian Capital II Co-Investment Fund L.P. Cevian is the indirect holder of the voting rights attached to the shares. The legal owner of the shares is Vidacos Nominees Limited (acting as nominee), which holds the shares on behalf of UBS AG (acting as custodian).

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:	Graham Middlemiss
15. Contact telephone number:	0118 929 8700

 

END

 

 

HOLSSEFSAFLSEFI