TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

RNS Number : 0160H
Travis Perkins PLC
13 June 2013
 

 

For filings with the FCA include the annex


For filings with issuer exclude the annex



TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi



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

Travis Perkins 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:
iii

TIAA-CREF Investment Management, LLC on behalf of the accounts listed in Exhibit B attached hereto

 

Teachers Advisors, Inc. on behalf of the funds

Listed in Exhibit C attached hereto

 

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

See Number 3

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

12/06/2013

6. Date on which issuer notified:

13/06/2013

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

3%



 

8. Notified details:

A: Voting rights attached to shares viii, ix

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 x

Direct

Direct xi

Indirect xii

Direct

Indirect

Ordinary GBPO.10

GB0007739609

7,371,053

7,371,053

Below 3%

Below 3%

0

Below 3%

0



B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date
xiii

Exercise/
Conversion Period
xiv

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


C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date xvii

Exercise/
Conversion period
xviii

Number of voting rights instrument refers to

 

% of voting rights xix, xx

 

N/A

N/A

N/A

N/A

 

N/A

Nominal

Delta

N/A

N/A


Total (A+B+C)

Number of voting rights

Percentage of voting rights

Below 3%

Below 3%



 

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

The College Retirement Equities Fund ("CREF") hereby informs you that on June 12, 2013, CREF sold 98,297 shares bringing the holdings to 4,803,648 shares of Travis Perkins Plc. CREF owns these shares through two of its investment accounts, the Global Equities Account and Stock Account. It is our understanding the total voting shares outstanding of Travis Perkins Plc is 245,092,647 bringing CREF's ownership in your company to a 1.96% level.

 

For your information, CREF is a U.S. based investment company, which is registered with the Securities and Exchange Commission ("SEC").  CREF has multiple investment accounts, each with separate investment objectives and policies.  All assets in the accounts are beneficially owned by CREF, and all the accounts are managed by TIAA-CREF Investment Management, LLC, an SEC registered investment adviser.

 

Additionally, affiliates of CREF own 2,469,108 of Travis Perkins Plc as of June 12, 2013.  These holdings are owned by the TIAA-CREF Funds ("Funds") and TIAA-CREF Life Funds ("Life Funds") each of which are SEC registered investment companies, as well as one of the TIAA-CREF Active Extension Funds ("Active Extension Unregistered Funds").  The Funds, Life Funds and Active Extension Unregistered Funds are managed by Teachers Advisors, Inc., an SEC registered investment adviser that is affiliated with TIAA-CREF Investment Management, LLC. These affiliated funds, aggregated with those of CREF, own a total of 7,272,756 shares or 2.967% of the outstanding voting shares of your company. Because Teachers Advisors, Inc. and TIAA-CREF Investment Management, LLC follow the same policies when voting these funds, we are aggregating the holdings for purposes of this letter.

 

(See Exhibit A attached hereto)

 


Proxy Voting:

10. Name of the proxy holder:

TIAA-CREF Investment Management, LLC/ Teachers Advisors, Inc.

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:


None

14. Contact name:

Stuart R. Brunet

15. Contact telephone number:

+1-415-882-3711




 

EXHIBIT A.

 

 

 

 

 

 

 

 

 

 

 

 

 

TIAA-CREF

 

 

Summary of Holdings of Travis Perkins PLC

 

 

Between June 11, 2013 - June 12, 2013

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TIAA-CREF Investment Management LLC    ("CREF")

Teachers Advisors, Inc.

Aggregate Holding

 

Global Equities Account

Stock Account

Total CREF Holdings

Total CREF %

TIAA-CREF International Equity Fund

TIAA-CREF International Equity Index Fund

TIAA-CREF Intl Opportunities Fund

TIAA-CREF Life International Equity Fund

Active Extension Fund V - Analyst Market Neutral

Total Mutual Funds  Holdings

Total Mutual Funds %

Total Holdings

Total %

Holdings as of June 11, 2013

                    1,130,229

               3,771,716

               4,901,945

2.000%

2,252,078

94,670

33,122

59,050

30,188

2,469,108

1.007%

7,371,053

3.007%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Transactions as of June 12, 2013

                                   -  

                   (98,297)

                  (98,297)

-0.040%

                                   -  

                                    -  

                                    -  

                                    -  

                            -  

                           -  

0.000%

                  (98,297)

-0.040%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Holdings as of June 12, 2013

                    1,130,229

               3,673,419

               4,803,648

1.960%

2,252,078

94,670

33,122

59,050

30,188

2,469,108

1.007%

7,272,756

2.967%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Voting Shares Outstanding

               245,092,647

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Exhibit B.

 

TIAA-CREF Investment Management, LLC

 

College Retirement Equities Fund ("CREF") *

·    CREF Stock Account

·    CREF Global Equities Account

 

*     Registered Investment Company

 

 

 


Exhibit C.

 

Teachers Advisors, Inc.

 

TIAA-CREF Funds *

·    International Equity Fund

·    International Equity Index Fund

·    International Opportunities Fund

 

TIAA-CREF Life Funds *

·    Life International Equity Fund

 

TIAA-CREF Active Extension Funds

·    Active Extension Portfolio V - Analyst Market Neutral

           

 

*     Registered Investment Company

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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