Holding(s) in Company

RNS Number : 7588P

London Stock Exchange Group PLC

22 July 2010

 



TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii

London Stock Exchange Group PLC

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

x

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

Gradual sale of common stock and a change in issued share capital by the owner.

3. Full name of person(s) subject to the notification obligation: iii

Horizon Asset Management, Inc.

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

Horizon Asset Management, Inc.

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

May 27, 2010 gradual sale of stock by Horizon Asset Management.

6. Date on which issuer notified:

21 July 2010

7. Threshold(s) that is/are crossed or reached: vi, vii

3%

8. Notified details:

A: Voting rights attached to shares viii, ix

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 x

Direct

Direct xi

Indirect xii

Direct

Indirect

3.7% of shares outstanding

same

Below 3%

Same

Below 3%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

Below 3%

Below 3%-Horizon

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:	Horizon and Kinetics are two related federally registered investment advisers, with some overlapping ownership and employment.  They each file separate holdings reports with the SEC and have separate ADV filings with the SEC.
14. Contact name:	Andrew M. Fishman,  General Counsel of Horizon
15. Contact telephone number:	646-495-7347

 

END

 

 

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