TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii): |
IP Group plc |
2. Reason for the notification (please state Yes/No): |
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An acquisition or disposal of voting rights: ( Yes ) |
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An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( ) |
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An event changing the breakdown of voting rights: ( ) |
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Other (please specify) : ( ) |
3. Full name of person(s) subject to the notification obligation (iii): |
FIL Limited (FIL) |
4. Full name of shareholder(s) (if different from 3.) (iv): |
See section 9. |
5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v): |
13 February 2009 |
6. Date on which issuer notified: |
16 February 2009 |
7. Threshold(s) that is/are crossed or reached: |
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 (vi) |
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Number of shares |
Number of voting Rights (viii) |
GB00B128J450 |
11,879,005 |
11,879,005 |
Resulting situation after the triggering transaction (vii) |
Class/type of shares if possible using the ISIN CODE |
Number of shares |
Number of voting rights (ix) |
% of voting rights |
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Direct |
Direct (x) |
Indirect (xi) |
Direct |
Indirect |
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14,879,005 |
14,879,005 |
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5.94 |
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B: Financial Instruments |
Resulting situation after the triggering transaction (xii) |
Type of financial instrument |
Expiration Date (xiii) |
Exercise/Conversion Period/ Date (xiv) |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
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N/A |
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Total (A+B) |
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Number of voting rights |
% of voting rights |
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14,879,005 |
5.94% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv): |
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SHARES HELD NOMINEE MANAGEMENT |
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FIL Limited (FIL) is parent holding company to various direct and indirect subsidiaries including FIL Fund Management Limited (FFML), FIL Investment Services Ltd (FISL), FIL Gestion (FIGEST), FIL Asset Management (Korea) Limited (FIAKL) FIL Investments Management (Hong Kong) Limited (FIMHK) FIL Pension Management (FPM) Fidelity Investments Japan (FIJ) and FIL Investments International (FII) Investment managers for various non-US investment companies and institutional clients |
1,688,643 13,190,362 |
JP MORGAN, BOURNEMOUTH JP MORGAN, BOURNEMOUTH |
FII FISL |
Proxy Voting: |
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10. Name of the proxy holder: |
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FIL Limited (FIL) |
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11. Number of voting rights proxy holder will cease to hold: |
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3,000,000 |
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12. Date on which proxy holder will cease to hold voting rights: |
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13 February 2009 |
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13. Additional information: |
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N/A |
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14. Contact name: |
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Greg Smith |
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15. Contact telephone number: |
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0845 074 2929 |