Holding(s) in Company

RNS Number : 2780B
Next PLC
15 February 2011
 



 

 

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

 

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

 

 Next 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:

 

 

FMR LLC

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

 

FMR LLC is the parent holding company of Fidelity Management & Research Company (FMRCO), Investment manager for US mutual funds, FIL Management Trust Company (FMTC), Pyramis Global Advisors Trust Company (PGATC). US state chartered bank which acts as a trustee or Investment manager of various pension and trust accounts Pyramis Global Advisors LLC (PGALLC) and Pyramis Trust Company (PTC).

 

Brown Brothers Harriman and Co - 15,009,100 (FMRCO)

JP Morgan Chase Bank - 2,626,551 (FMRCO)

State Street Bank and TR Co - 31,230 (FCL)

State Street Bank and TR Co - 267,400 (FMRCO)

State Street Bank and TR Co - 200,000 (FMTC)

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

 

11 February 2011

6. Date on which issuer notified:

 

14 February 2011

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

 

10%



 

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

Indirect

Direct

Indirect

Direct

Indirect

GB0032089863

18,034,281

18,034,281

18,134,281


18,134,281


10.03%


 

 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

 

Type of financial
instrument

Expiration
date

Exercise/
Conversion
Period

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

Resulting situation after the triggering transaction

 

Type of financial
instrument

Exercise
price

Expiration
date

Exercise/
Conversion
period

Number of voting
rights instrument
refers to

% of voting rights

 






Nominal

Delta

 



 

Total (A+B+C)

 

Number of voting rights

Percentage of voting rights

18,134,281

10.03%

 

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

FMR LLC is the parent holding company of Fidelity Management & Research Company (FMRCO), Investment manager for US mutual funds, FIL Management Trust Company (FMTC), Pyramis Global Advisors Trust Company (PGATC). US state chartered bank which acts as a trustee or Investment manager of various pension and trust accounts Pyramis Global Advisors LLC (PGALLC) and Pyramis Trust Company (PTC).

 

Brown Brothers Harriman and Co - 15,009,100 (FMRCO)

JP Morgan Chase Bank - 2,626,551 (FMRCO)

State Street Bank and TR Co - 31,230 (FCL)

State Street Bank and TR Co - 267,400 (FMRCO)

State Street Bank and TR Co - 200,000 (FMTC)

 

Proxy Voting:

 

10. Name of the proxy holder:

 

 FMR LLC

11. Number of voting rights proxy holder will acquire:

 

 100,000

12. Date on which proxy holder will acquire voting rights:

 

 11 February 2011

 

13. Additional information:

 

None

14. Contact name:

 

Robert Crayston

15. Contact telephone number:

 

Fil-regreporting@fil.com

01737 836241

 


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

Companies

Next (NXT)
UK 100