Notifications of Major Intere

RNS Number : 4434K

Schroders PLC

18 December 2008

 



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:	Schroders plc
2. Reason for the notification   (please tick the appropriate box or boxes)
An acquisition or disposal of voting rights		No
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached		No
An event changing the breakdown of voting rights		Yes
3. Full name of person(s) subject to the notification obligation:	Vincitas Limited
4. Full name of shareholder(s) (if different from 3.):	Flavida (Bermuda) Limited
5. Date of the transaction (and date on which the threshold is crossed or reached if different):	18 December 2008
6. Date on which issuer notified:	18 December 2008
7. Threshold(s) that is/are crossed or reached:	27% to 26%
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	Indirect	Direct	Indirect
Ordinary ISIN:GB0002405495	62,861,892	62,861,892	60,951,886	-	60,951,886	-	26.97

B: 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

Total (A+B)
Number of voting rights	% of voting rights
60,951,886	26.97

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
The 60,951,886 shares are registered in the name of a nominee company incorporated in Bermuda, Flavida (Bermuda) Limited. The beneficial interests in respect of 16,365,096 shares are held by the following companies (each of which is a wholly owned subsidiary of Vincitas Limited) as follows:
Name of wholly owned subsidiary	Number of shares in respect of which the beneficial interest is held (and percentage of voting rights they represent)
Depth (Bda) Ltd	4,216,300 (1.87%)
Pur (Bda) Ltd	4,049,593 (1.79%)
Stee (Bda) Ltd	4,049,602 (1.79%)
Vest (Bda) Ltd	4,049,601 (1.79%)
Total	16,365,096 (7.24%)

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:	Percentage figures are based on a total number of voting rights of 226,022,400
14. Contact name:	Graham Staples
15. Contact telephone number:	020 7658 6742

 

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