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:
The Weir Group PLC
2. Reason for the notification (please state Yes/No):
An acquisition or disposal of voting rights: (Yes)
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: (No)
Other (please specify): Initial notification due to change of threshold for non-material interest (No)
3. Full name of person(s) subject to the notification obligation (iii):
Prudential plc group of companies
4. Full name of shareholder(s) (if different from 3.):
See additional information under 13.
5. Date of the transaction (and date on which the threshold is crossed or reached if different):
15 September 2008
6. Date on which issuer notified:
16 September 2008
7. Threshold(s) that is/are crossed or reached:
3%
8. Notified details:
A: Voting rights attached to shares
Situation previous to the triggering transaction
Class/type of shares if possible using the ISIN CODE |
Number of shares |
Number of voting Rights |
GB0009465807 |
Below 3% |
Below 3% |
Resulting situation after the triggering transaction
Class/type of shares if possible using the ISIN CODE |
Number of shares |
Number of voting rights |
% of voting rights |
||
|
Direct |
Direct |
Indirect |
Direct |
Indirect |
GB0009465807 |
6,648,555 |
6,648,555 |
|
3.16% |
|
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 |
N/A |
N/A |
N/A |
N/A |
Total (A+B)
Number of voting rights |
% of voting rights |
6,648,555 |
3.16% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Prudential plc (parent Company)
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:
PRUDENTIAL PLC
Registered Holder |
Holding |
% |
MAGIM HSBC GIS NOM(UK) SALI |
47,649 |
|
PRUCLT HSBC GIS NOM(UK) PAC AC |
6,146,088 |
|
PRUCLT HSBC GIS NOM(UK) PPL AC |
314,690 |
|
PRUCLT HSBC GIS NOM(UK) EQBF AC |
17,412 |
|
PRUCLT HSBC GIS NOM(UK) MNBF AC |
23,379 |
|
PRUCLT HSBC GIS NOM(UK) PENE AC |
99,337 |
|
Total |
6,648,555 |
3.16 |
M&G GROUP LIMITED
Registered Holder |
Holding |
% |
MAGIM HSBC GIS NOM(UK) SALI |
47,649 |
|
PRUCLT HSBC GIS NOM(UK) PAC AC |
6,146,088 |
|
PRUCLT HSBC GIS NOM(UK) PPL AC |
314,690 |
|
Total |
6,508,427 |
3.09 |
14. Contact name:
Dipesh Varsani
M&G Investment Management Limited
15. Contact telephone number:
020 7548 3261