Notification of Major Interest in Shares

RNS Number : 0281J
Royal Bank of Scotland Group PLC
23 June 2011
 



 

For filings with the FSA include the annex
For filings with issuer exclude the annex



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

The Royal Bank of Scotland Group plc

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

An acquisition or disposal of voting rights


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

x

Other (please specify):



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

The Solicitor for the affairs of Her Majesty's Treasury

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


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

20 June 2011

6. Date on which issuer notified:

23 June 2011

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

Fallen below 67%



 

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

GB0007547838

39,644,835,194

39,644,835,194

39,644,835,194

39,644,835,194


66.46%




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

 

Series 1 class B shares

£0.50 (subject to adjustment)

-

Any time

 

Up to 51,000,000,000 (depending on extent of conversion into ordinary shares)

Nominal

Delta

Up to 46.1%



Total (A+B+C)

Number of voting rights

Percentage of voting rights

90,644,835,194

81.92%



 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
xxi

 

UKFI Financial Investments Limited, a company wholly-owned by Her Majesty's Treasury, is entitled to exercise control over the voting rights which are the subject of this notification (pursuant to certain management arrangements agreed with Her Majesty's Treasury).

 

The solicitor for the affairs of Her Majesty's Treasury is acting as nominee for Her Majesty's Treasury.


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:

 

 

14. Contact name:

Andy Donald, UKFI Financial Controller and Compliance Officer

15. Contact telephone number:

+44 (0)20 7070 5941



 

Note: Annex should only be submitted to the FSA not the issuer

Annex: Notification of major interests in share


A: Identity of the persons or legal entity subject to the notification obligation

Full name

(including legal form of legal entities)

 

The Solicitor for the affairs of Her Majesty's Treasury

Contact address

(registered office for legal entities)

 

One Kemble Street, London, WC2B 4TS

Phone number & email

 

c/o Andy Donald; andy.donald@ukfi.co.uk;

0207 070 5941

Other useful information

(at least legal representative for legal persons)

 




B: Identity of the notifier, if applicable

Full name

 

Andy Donald

Contact address

 

UKFI, 1a Cockspur Street, London SW1Y 5BG

Phone number & email

 

andy.donald@ukfi.co.uk; 0207 070 5941

Other useful information

(e.g. functional relationship with the person or legal entity subject to the notification obligation)

UKFI holds power of attorney to act in TSol's name and on its behalf in connection with all meetings of shareholders held by The Royal Bank of Scotland Group


C: Additional information


For notes on how to complete form TR-1 please see the FSA website.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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