16 August 2013
Pursuant to its obligations under the Transparency (Directive 2004/109/EC) Regulations 2007 ("The Regulations"), Irish Continental Group plc sets out below details of a notification received under The Regulations.
Tom Corcoran
Company Secretary
Standard Form TR-1
Voting rights attached to shares- Article 12(1) of directive 2004/109/EC
Financial instruments - Article 11(3) of the Commission Directive 2007/14/EC
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: Irish Continental Group PLC
2. Reason for the notification (please tick the appropriate box or boxes):
[X] an acquisition or disposal of voting rights
[ ] an acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
[ ] an event changing the breakdown of voting rights
3. Full name of person(s) subject to the notification obligation:
Marathon Asset Management LLP
4. Full name of shareholder(s) (if different from 3.):
See attached breakdown
5. Date of the transaction and date on which the threshold is crossed or reached:
15 August 2013
6. Date on which issuer notified;
16 August 2013
7. Threshold(s) that is/are crossed or reached:
7% (voting rights)
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 | |||
IE0033336516 | 1,550,062 | 1,287,097 | 1,547,216 | 1,284,251 | 6.997% | ||
SUBTOTAL A (based on aggregate voting rights) | 1,550,062 | 1,287,097 | 1,547,216 | 1,284,251 | 6.997% |
B) Financial Instruments | ||||
Resulting situation after the triggering transaction | ||||
Type of financial instrument | Expiration Date | Exercise/Conversion Period/ Date | Number of voting rights that may be acquired if the instrument is exercised/converted | % of voting rights |
SUBTOTAL B (in relation to all expiration dates) |
Total (A+B) | number of voting rights | % of voting rights |
1,284,251 | 6.997% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
10. In case of proxy voting: [name of the proxy holder] will cease to hold [number] voting rights as of [date].
11. Additional information:
Done at Orion House, London on 16th August 2013.
Annex to the standard form TR-1
a) Identity of the person or legal entity subject to the notification obligation:
Full name (including legal form for legal entities) | Marathon Asset Management LLP |
Contact address (registered office for legal entities) | Orion House, 5 Upper St Martins Lane, London, WC2H 9EA |
Phone number | 0044 (0)20 7497 2211 |
Other useful information (at least legal representative for legal persons) | Simon Davies |
b) Identity of the notifier, if applicable:
Full name | Simon Davies |
Contact address | As above |
Phone number | As above |
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation) | Chief Compliance Officer |
c) Additional information
Custodian | Nominal |
BNP Paribas Securities Services UK | 10,066 |
Citibank | 7,877 |
Danske Bank | 17,227 |
JP Morgan Chase | 21,021 |
Mellon Bank | 145,396 |
Northern Trust | 628,691 |
RBC Dexia | 3,491 |
State Street Bank & Trust Company, Boston | 313,067 |
MEHF | 137,415 |
Total | 1,284,251 |