Notification of Major Interes

RNS Number : 5662R

Prudential PLC

24 August 2010

 



 PRUDENTIAL PLC ANNOUNCEMENT

Notification of Major Interests in Shares

TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES 

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

Prudential plc

2.   Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights      

3.   Full name of person(s) subject to the notification obligation :         

 BlackRock Inc.            

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

 N/A      

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

20 August 2010

6.   Date on which issuer notified:      

23 August 2010

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

Holding has gone below 5%

8.   Notified details:

8A: Voting rights attached to shares

Class/type of shares: GB0007099541

Situation previous to the Triggering transaction:     

No of Shares	No of Voting Rights
160,592,329	160,592,329

Resulting situation after the triggering transaction:

No of shares	No of voting rights		% of voting rights
Direct	Direct	Indirect	Direct	Indirect
n/a	n/a	126,772,186	N/A	4.993%

8B: Financial Instruments

Resulting situation after the triggering transaction:

Type of financial instrument	Expiration date	Exercise/ Conversion Period/ Date	Number of voting rights that may be acquired if the Instrument is exercised/ converted	% of voting rights
n/a	n/a	n/a	n/a	n/a

8C: Financial  Instruments with similar economic effect to Qualifying Financial Instruments 

Type of financial instrument	Exercise price	Expiration date	Exercise/ Conversion Period/ Date	Number of voting rights instrument refers to	% of voting rights
					Nominal	Delta
CFD	N/A	N/A	N/A	140,353	0.006%	0.006%

Total (A+B+C):

Number of voting rights	% of voting rights
126,912,539	4.998%

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

BlackRock Investment Management (UK) Limited - 126,912,539 (4.998%)

Proxy Voting:

10.  Name of the proxy holder:           

N/A

11.  Number of voting rights proxy holder will cease to hold:      

N/A 

12.  Date on which proxy holder will cease to hold voting rights:

N/A

13.  Additional information:    

Prudential plc is not affiliated in any manner with Prudential Financial, Inc. a company whose principal place of business is in the United States of America.

Contact name for Enquiries    

Anneka Kingan, Group Secretariat 020 7548 3807 

Company official responsible for making notification

Clive Burns, Head of Group Secretariat 020 7548 3805

 

END

 

 

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