Holding(s) in Company

RNS Number : 5943A

Provident Financial PLC

02 February 2011

 



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:

Provident Financial plc

2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights		Yes
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.):	Nortrust Nominee Ltd A/C MHA01 Nortrust Nominee Ltd A/C MHE01 Nortrust Nominee Ltd A/C MHF01 Nortrust Nominee Ltd A/C MKD01 Nortrust Noms Ltd Nortrust Noms Ltd A/C CRI01 Nortrust Noms Ltd A/C MVA01 Nortrust Noms Ltd A/C MVB01 Nortrust Noms Ltd A/C PUC01 PRUCLT HSBC GIS NOM(UK) PAC AC PRUCLT HSBC GIS NOM(UK) PPL AC
5. Date of the transaction and date on which the threshold is crossed or reached:	1 February 2011
6. Date on which issuer notified:	2 February 2011
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
GB00B1Z4ST84	10,542,305	10,542,305	10,502,922	10,478,111	24,811	7.72%	0.01%

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
10,502,922	7.73%

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) 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 Prudential Assurance Company Limited (a wholly owned subsidiary of Prudential plc) has dropped below 5% triggering this notification
14. Contact name:	Emma G Versluys Deputy Company Secretary
15. Contact telephone number:	Emma G Versluys Tel:  [phone] ext 1034

 

END

 

 

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