Holding(s) in Company

RNS Number : 9203Z

Xaar PLC

25 July 2008

 



Xaar PLC ('the Company')

Notifiable Interest

A form TR-1 containing the following information has been received by the Company. 

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: 

Xaar PLC 

2. Reason for the notification 

An acquisition or disposal of voting rights

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): 

5. Date of the transaction (and date on which the threshold is crossed or reached if different): 

22 July 2008

6. Date on which issuer notified: 

23 July 2008

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

13%

8. Notified details: 

A: Voting rights attached to shares

Class/type of shares if possible using ISIN CODE	Situation previous to Triggering transaction		Resulting situation after the triggering transaction Notification required under DTR transitional provision 7
	Number of Shares	Number of Voting Rights	Number of shares	Number of voting rights		% of voting rights
			Direct	Direct	Indirect	Direct	Indirect
GB0001570810	8,198,777	8,198,777	8,172,304	8,172,304		12.99%

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
8,172,304	12.99%

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)

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: 

14. Contact name: 

Dipesh Varsani

M&G Investment Management Limited

15. Contact telephone number: 

020 7548 3261

 

END

 

 

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