Holding(s) in Company

RNS Number : 0913H

Kingspan Group PLC

10 March 2015

 



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 :  Kingspan 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:

            Allianz Global Investors GmbH

            (Address: Bockenheimer Landstrasse 42-44, 60323 Frankfurt am Main,

Germany)

4.         Full name of shareholder(s) (if different from 3.):

5.         Date of the transaction and date on which the threshold is crossed or reached:

            24 July 2014

6.         Date on which issuer notified: 10 March 2015

7.         Threshold(s) that is/are crossed or reached: 4%

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
IE0004927939	6,396,094	6,396,094	2,375,096	2,375,096	4,526,077	1.38	2.64
SUBTOTAL A (based on aggregate voting rights)	6,396,094	6,396,094	2,375,096	6,901,173		4.02

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
N/A	N/A	N/A	N/A	N/A
		SUBTOTAL B (in relation to all expiration dates)	N/A	N/A

Total (A+B)	number of voting rights	% of voting rights
	6,901,173	4 (rounded down) 4.02 (unrounded)

9.         Chain of controlled undertakings through which the voting rights and/or the financial instrumentsare 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:

a) General information:

The name of the person subject to the notification obligation was "Allianz Global Investors Europe GmbH" until 28 November 2014.

b) Regarding 8. A) above:

aa)

The notified holdings have to be indicated as either "direct holdings" or "indirect holdings".

Allianz Global Investors GmbH is a German investment management company. Its core business is the establishment and portfolio management of investment funds domiciled in Germany and Luxembourg, but also e.g. in Italy and France. Allianz Global Investors GmbH is entitled to execute the voting rights by proxy (since the foundation of the funds). Additionally, Allianz Global Investors GmbH is mandated in several cases to manage individual asset portfolios for clients on a contractual basis; under such contracts Allianz Global Investors GmbH is entitled to execute the voting rights of shares held in such asset portfolios.

For the purpose of section 8. of this Form TR-1 we have considered holdings in investment funds which do not have a legal personality, but are mere pools of assets, for which Allianz Global Investors GmbH acts in its own name, but for the account of the fund, as direct holdings.  The units of such investment funds are jointly owned by their investors, but the funds are legally represented by Allianz Global Investors GmbH as the funds' investment manager.

Holdings in funds managed by Allianz Global Investors GmbH which are legal person of their own (e.g. Luxembourgish SICAV) as well as holdings in above-mentioned portfolio mandates (including fund mandates, under which Allianz Global Investors GmbH is the portfolio manager of funds established by other investment companies) we considered as indirect holdings with respect to the fact that the proxy was granted on a contractual basis.

bb)

With reference to the situation previous to the triggering transaction, the "Number of Shares" has to be indicated. For this notification, we have - in parallel to the "Number of Voting rights" indicated the total number of directly and indirectly held shares as disclosed in our notification submitted on 02 July 2014.

Done at Frankfurt am Main, Germany, on 10 March 2015

 

END

 

 

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