Holding(s) in Company

RNS Number : 7306D

Next PLC

28 March 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), a 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 - 16,534,100 (FMRCO) JP Morgan Chase Bank - 2,626,551 (FMRCO) State Street Bank and TR Co - 7,000 (FCL) State Street Bank and TR Co - 268,000 (FMRCO) State Street Bank and TR Co - 225,000 (FMTC)
5. Date of the transaction and date on which the threshold is crossed or reached:	23 March 2011
6. Date on which issuer notified:	25 March 2011
7. Threshold(s) that is/are crossed or reached:	11%

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	19,628,051	19,628,051	19,843,751		19,843,751		11.03%

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
19,843,751	11.03%

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 - 16,534,100 (FMRCO) JP Morgan Chase Bank - 2,626,551 (FMRCO) State Street Bank and TR Co - 7,000 (FCL) State Street Bank and TR Co - 268,000 (FMRCO) State Street Bank and TR Co - 225,000 (FMTC)

Proxy Voting:
10. Name of the proxy holder:	FMR LLC
11. Number of voting rights proxy holder will acquire:	215,700
12. Date on which proxy holder will acquire voting rights:	23 March 2011

13. Additional information:	None
14. Contact name:	Philip Alexander
15. Contact telephone number:	[e-mail] 01737 836241

 

END

 

 

HOLEAEDPAFXFEFF