TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES |
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1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
Marshalls plc |
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2. Reason for the notification (please tick the appropriate box or boxes) |
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An acquisition or disposal of voting rights |
X |
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An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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An event changing the breakdown of voting rights |
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Other (please specify): |
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3. Full name of person(s) subject to the notification obligation: |
Aviva plc and its subsidiaries |
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4. Full name of shareholder(s) (if different from 3.): |
Registered Holder: BNY Norwich Union Nominees Limited (1,741,313)* Chase (GA Group) Nominees Limited (10,477,871)* Chase Nominees Limited (295,449)* CUIM Nominee Limited (641,519)* Vidacos Nominees Limited (10,300)* * denotes direct interest BNP Paribas - London (249,869) Chase Nominees Limited (1,363,944) State Street Nominees Limited (792,995) Vidacos Nominees Limited (1,977,129) R C Greig Nominees Limited (15,884) |
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5. Date of the transaction (and date on which the threshold is crossed or reached if different): |
7 July 2010 |
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6. Date on which issuer notified: |
9 July 2010 |
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7. Threshold(s) that is/are crossed or reached: |
5% to 6% change at direct interest level |
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8. Notified details: |
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A: Voting rights attached to shares |
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Class/type of shares if possible using the ISIN CODE |
Situation previous to the Triggering transaction |
Resulting situation after the triggering transaction |
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Number of Shares |
Number of Voting Rights |
Number of shares |
Number of voting rights |
% of voting rights |
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Direct |
Direct |
Indirect |
Direct |
Indirect |
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GB00B012BV22 |
15,919,120 |
15,919,120 |
17,566,273 |
13,166,452 |
4,399,821 |
6.69% |
2.23% |
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B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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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 |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial instrument |
Exercise price |
Expiration date |
Exercise/ Conversion period |
Number of voting rights instrument refers to |
% of voting rights |
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Nominal |
Delta |
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Total (A+B+C) |
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Number of voting rights |
% of voting rights |
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17,566,273 |
8.92% |
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9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
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The voting rights are managed and controlled by Aviva Investors Global Services Limited with the following chain of controlled undertakings:-
Aviva Investors Global Services Limited: · Aviva plc (Parent Company) · Aviva Group Holdings Limited (wholly owned subsidiary of Aviva plc) · Aviva Investors Holdings Limited (wholly owned subsidiary of Aviva Group Holdings Limited) · Aviva Investors Global Services Limited (wholly owned subsidiary of Aviva Investors Holdings Limited)
The investments are administered by Commercial Union Trustees Limited, with the following chain of control:
Commercial Union Trustees Limited: · Aviva plc (Parent Company) · Aviva Group Holdings Limited (wholly owned subsidiary of Aviva plc) · Undershaft Limited (wholly owned subsidiary of Aviva Group Holdings Limited) · Commercial Union Trustees Limited (wholly owned subsidiary of Undershaft Limited)
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Proxy Voting: |
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10. Name of the proxy holder: |
See Section 4 |
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11. Number of voting rights proxy holder will cease to hold: |
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12. Date on which proxy holder will cease to hold voting rights: |
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13. Additional information: |
Figures are based on a total number of voting rights of 196,953,755. |
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14. Contact name: |
Cathy Baxandall, Company Secretary, Marshalls plc |
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15. Contact telephone number: |
01484 438900 |
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