TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES i

RNS Number : 3471V
Royal Bank of Scotland Group PLC
06 August 2015
 




 

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

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):



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

6 August 2015

6. Date on which issuer notified:

6 August 2015

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

Crossed percentage thresholds of 52% and 73%



 

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

GB00B7T77214

3,964,483,519

15,857,934,076

3,334,483,519

13,337,934,076


51.53%




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

£5.00 (subject to adjustment)

-

Anytime

Up to 20,400,000,000 (depending on extent of conversion into ordinary shares)

 

 

Nominal

Delta

Up to 44.08%



Total (A+B+C)

Number of voting rights

Percentage of voting rights

33,737,934,076

72.89%



 

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:


The Solicitor for the Affairs of Her Majesty's Treasury is acting as nominee for Her Majesty's Treasury

14. Contact name:

James Neilson

15. Contact telephone number:

+44 (0)207 270 5813

 


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