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): |
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An acquisition or disposal of voting rights |
X |
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An acquisition or disposal of qualifying 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:
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BlackRock, Inc. |
4. Full name of shareholder(s) (if different from 3.):
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5. Date of the transaction and date on which the threshold is crossed or reached:
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10 June 2011 |
6. Date on which issuer notified:
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14 June 2011 |
7. Threshold(s) that is/are crossed or reached:
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Holding has gone above 14% |
8. Notified details: |
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A: Voting rights attached to shares
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Class/type of
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Situation previous |
Resulting situation after the triggering transaction |
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Number |
Number |
Number |
Number of voting |
% of voting rights |
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Indirect |
Direct |
Indirect |
Direct |
Indirect |
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GB0032089863 |
22,113,115 |
22,113,115 |
N/A |
N/A |
24,094,146 |
N/A |
13.88% |
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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 |
Expiration |
Exercise/ |
Number of voting
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% of voting |
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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 |
Exercise |
Expiration |
Exercise/ |
Number of voting |
% of voting rights
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CFD |
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471,669 |
Nominal |
Delta
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0.27% |
0.27% |
Total (A+B+C)
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Number of voting rights |
Percentage of voting rights |
24,565,815 |
14.15% |
9. Chain of controlled undertakings through which the voting rights and/or the |
BlackRock Investment Management (UK) Limited - 24,565,815 (14.15%) |
Proxy Voting:
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10. Name of the proxy holder:
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11. Number of voting rights proxy holder will acquire:
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12. Date on which proxy holder will acquire voting rights:
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13. Additional information:
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BlackRock Threshold Reporting Team |
14. Contact name:
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Andrew Manchester |
15. Contact telephone number:
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020 7743 5773; Andrew.manchester@blackrock.com |