Irish Continental Group plc : Holding(s) in Com...

9 February 2017

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

Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the Central Bank of Ireland)
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 [ ] An event changing the breakdown of voting rights [ ] Other (please specify):
3. Details of person subject to the notification obligation:
Name: Ameriprise Financial, Inc.		City and country of registered office (if applicable): Minneapolis, USA
4. Full name of shareholder(s) (if different from 3.): Bank Lombard Odier & Co Ltd Securities Nominees Limited Citibank Nominees (Ireland) Limited State Street Custodial Services Ireland Limited Please note that the above entities are the nominee companies used by the entities listed in section 10 of this form to hold the shares in the issuer.
5. Date on which the threshold was crossed or reached: 07/02/2017
6. Date on which issuer notified: 09/02/2017
7. Threshold(s) that is/are crossed or reached: Above 7%
8. Total positions of person(s) subject to the notification obligation:
	% of voting rights attached to shares (total of 9.A)		% of voting rights through financial instruments (total of 9.B.1 + 9.B.2)	Total of both in % (9.A + 9.B)	Total number of voting rights of issuervii
Resulting situation on the date on which threshold was crossed or reached	7.019%		0%	7.019%	188,309,390
Position of previous notification (if applicable)	6.098%		0%	6.098%

9. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii:
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)	Number of voting rightsix					% of voting rights
	Direct			Indirect		Direct		Indirect
IE00BLP58571				13,216,947				7.019%
SUBTOTAL A				13,216,947				7.019%
B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations
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
			SUBTOTAL B.1
B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of the Regulations
Type of financial instrument	Expiration date		Exercise/ Conversion Period		Physical or cash settlement		Number of voting rights			% of voting rights
					SUBTOTAL B.2

10. Information in relation to the person subject to the notification obligation (please tick the applicable box):   [ ] Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.   [x ] Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity:
Name	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
Ameriprise Financial, Inc.
Ameriprise International Holdings GmbH
Threadneedle Asset Management Holdings SARL
Threadneedle Holdings Limited
TAM UK Holdings Limited
Threadneedle Asset Management Holdings Limited
TC Financing Limited
Threadneedle Asset Management Limited	7.019%		7.019%
11. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]
12. Additional information:

Done at ThreadneedleAsset Management Holdings Ltd, Holbrook House, Station Road, Swindon SN1 1HH on 9^th February 2017.

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Source: Irish Continental Group plc via Globenewswire