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):
KIER GROUP PLC
2. Reason for the notification (please place an X inside the appropriate bracket/s):
An acquisition or disposal of voting rights: (X)
3. Full name of person(s) subject to the notification obligation (iii):
Legal & General Group Plc (L&G)
4. Full name of shareholder(s) (if different from 3.) (iv):
Legal & General Assurance (Pensions Management) Limited (PMC)
5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):
16 March 2010
6. Date on which issuer notified:
18 March 2010
7. Threshold(s) that is/are crossed or reached:
4% to 3%
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) |
|
|
Number of shares |
Number of voting Rights (viii) |
GB0004915632 |
1,588,899 |
1,588,899 |
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 |
||
|
Direct |
Direct (x) |
Indirect (xi) |
Direct |
Indirect |
GB0004915632 |
1,488,681 |
1,488,681 |
|
3.99% |
|
B: Financial Instruments
Resulting situation after the triggering transaction (xii)
Type of financial instrument |
Expiry Date (xiii) |
Exercise/Conversion Period/ Date (xiv) |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
|
|
|
|
|
Total (A+B)
Number of voting rights |
% of voting rights |
1,488,681 |
3.99% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
Legal & General Group Plc (Direct and Indirect) (Group)
Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect)
Legal & General Investment Management Limited (Indirect) (LGIM)
Legal & General Group Plc (Direct) (L&G)
(1,488,681 - 3.99 % = LGAS, LGPL & PMC)
Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD)
(1,226,526 - 3.29% = PMC)
Legal & General Insurance Holdings Limited (Direct) (LGIH)
Legal & General Assurance (Pensions Management) Limited (PMC)
(1,226,526 - 3.29% = PMC)
Legal & General Assurance Society Limited (LGAS & LGPL)
Legal & General Pensions Limited (Direct) (LGPL)
13. Additional information:
Total issued capital of Kier Group plc and total number of voting rights at 18 March 2010 is 37,223,266 ordinary shares.
14. Contact name:
Deborah Hamilton
Acting Company Secretary
Kier Group plc
Tempsford Hall
Sandy, BEDS SG19 2BD
15. Contact telephone number:
01767 640-111