TR-1 Notification Of Major In

RNS Number : 3268N

Renold PLC

09 June 2010

 



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:			Renold 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:		Prudential plc group of companies
4. Full name of shareholder(s)  (if different from 3.):		PRUCLT HSBC GIS NOM(UK) PAC AC NORTRUST NOMINEE LTD A/C MKK01
5. Date of the transaction and date on which the threshold is crossed or reached: v		07 June 2010
6. Date on which issuer notified:		08 June 2010
7. Threshold(s) that is/are crossed or reached:		See item 13

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

Direct

Direct

Indirect

Direct

Indirect

GB0007325078

32,073,668

32,073,668

31,948,668

31,948,668

14.55%

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

31,948,668

14.55%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Prudential plc (parent Company) M&G Group Limited (wholly owned subsidiary of Prudential plc) M&G Limited (wholly owned subsidiary of M&G Group Limited) M&G Investment Management Limited (wholly owned subsidiary of M&G Limited) M&G Securities Limited (wholly owned subsidiary of M&G Limited) The Prudential Assurance Company Limited (wholly owned subsidiary of Prudential plc)
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:	The notifiable position has not crossed a disclosable threshold. The notifiable position of 14.55% is an exempt holding under section 5.1.2 of the FSA's DTR Handbook. The trigger for this notification is the movement from 5.00% to 4.95% in the non-exempt holding, which makes up part of the 14.55% notifiable interest.
14. Contact name:	Hannah Woodcock, Legal Manager and Company Secretary
15. Contact telephone number:	0161 498 4500

 

END

 

 

HOLFKLFBBQFEBBF