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 |
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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 |
X |
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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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FMR LLC |
4. Full name of shareholder(s) (if different from 3.):
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See attached schedule.
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5. Date of the transaction and date on which the threshold is crossed or reached:
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25 May 2012 |
6. Date on which issuer notified:
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28 May 2012 |
7. Threshold(s) that is/are crossed or reached:
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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 |
23,218,544 |
23,218,544 |
23,217,644 |
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23,217,644 |
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14.01% |
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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 |
% 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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Nominal |
Delta
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Total (A+B+C)
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Number of voting rights |
Percentage of voting rights |
23,217,644 |
14.01% |
9. Chain of controlled undertakings through which the voting rights and/or the |
Brown Brothers Harriman and Co - 16,818,800 PGATC-PYRAMIS GLOBAL ADVISORS TRUST COMPANY CIBC Mellon Trust (C) - 15,900 PGALLC-PYRAMIS GLOBAL ADVISORS, LLC JP Morgan Chase Bank - 4,712,144 PGATC-PYRAMIS GLOBAL ADVISORS TRUST COMPANY Mellon Bank NA (C) - 27,500 PGATC-PYRAMIS GLOBAL ADVISORS TRUST COMPANY National Bank Trust (C) - 8,000 PGALLC-PYRAMIS GLOBAL ADVISORS, LLC Northern Trust Co (C) - 26,700 PGATCH-PYRAMIS GLOBAL ADVISORS TRUST COMPANY Royal Trust-Toronto (C) - 26,100 PGALLC-PYRAMIS GLOBAL ADVISORS, LLC State Street Bank and TR Co - 1,575,800 PGATCH-PYRAMIS GLOBAL ADVISORS TRUST COMPANY US Bank NA (C) - 6,700 FIIS-FIIS - FIDELITY INVESTMENTS INSTITUTIONAL SERVICES CO, INC
Grand Total 23,217,644
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Proxy Voting:
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10. Name of the proxy holder:
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FMR LLC |
11. Number of voting rights proxy holder will acquire:
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900 |
12. Date on which proxy holder will acquire voting rights:
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25 May 2012 |
13. Additional information:
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Decrease of voting rights to 165,676,864 |
14. Contact name:
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Nina Collomosse |
15. Contact telephone number:
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fil-regreporting@fil.com 01737 837092 |