Notification of Major Interests in Shares

RNS Number : 8419D

Prudential PLC

29 March 2011

 



 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

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments   

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 :      

24^th March 2011

6.   Date on which issuer notified:      

28^th March 2011

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
126,685,887	126,685,887

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	124,830,761	N/A	4.90%

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	1,262,821	0.05%	0.05%

Total (A+B+C):

Number of voting rights	% of voting rights
126,093,582	4.95%

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 - 126,093,582 (4.95%)

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 [e-mail] 020 7548 3807

Company official responsible for making notification

Clive Burns, Head of Group Secretariat, 020 7548 3805

 

END

 

 

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