Holding(s) in Company
IWG Plc
For filings with the FCA include the annex | Â | |||||||||
For filings with issuer exclude the annex | ||||||||||
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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | ||||||||||
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1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii |
IWG plc | |||||||||
2 Reason for the notification (please tick the appropriate box or boxes): | ||||||||||
An acquisition or disposal of voting rights | Â | Â | ||||||||
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | Â | |||||||||
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | Â | |||||||||
An event changing the breakdown of voting rights | Â | |||||||||
Other (please specify): Scheme of arrangement between Regus plc and IWG plc and admission and listing of IWG plc ordinary shares. | Â | X | ||||||||
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.):iv |
Prudential plc The Prudential Assurance Company Limited M&G Group Limited M&G Limited M&G Investment Management Limited |
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5. Date of the transaction and date on which the threshold is crossed or reached: v |
19 December 2016 | |||||||||
6. Date on which issuer notified: | 20 December 2016 | |||||||||
7. Threshold(s) that is/are crossed or reached: vi, vii |
8% |
8. Notified details: | |||||||||||||||||||||||||||||||||
A: Voting rights attached to shares viii, ix | |||||||||||||||||||||||||||||||||
Class/type of shares
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Situation previous to the triggering transaction |
 | Resulting situation after the triggering transaction | |||||||||||||||||||||||||||||
Number of Shares |
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Number of Voting Rights |
Number of shares |
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Number of voting rights |
 | % of voting rights x | ||||||||||||||||||||||||||
Direct | Direct xi | Â | Indirect xii | Direct | Â | Indirect | |||||||||||||||||||||||||||
ORD GBP0.01
JE00BYVQYS01 |
78,736,508 | 78,736,508 | 78,736,508 | 0 | 78,736,508 | 0 | 8.52% | ||||||||||||||||||||||||||
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B: Qualifying Financial Instruments | |||||||||||||||||||||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||||||||||||||||||||
Type of financial instrument |
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Expiration date xiii |
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Exercise/ Conversion Period xiv |
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Number of voting rights that may be acquired if the instrument is exercised/ converted. |
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% of voting rights |
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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 | |||||||||||||||||||||||||
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Nominal | Â | Delta | ||||||||||||||||||||||||||
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Total (A+B+C) | |||||||||||||||||||||||||||||||||
Number of voting rights | Â | Percentage of voting rights | |||||||||||||||||||||||||||||||
78,736,508 | 8.52% |
9. Chain of controlled undertakings through which the voting
rights and/or the financial instruments are effectively held, if applicable: xxi |
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Prudential plc (parent Company) – 78,736,508 (8.52%) M&G Group Limited (wholly owned subsidiary of Prudential plc) – 78,736,508 (8.52%) M&G Limited (wholly owned subsidiary of M&G Group Limited) – 78,736,508 (8.52%) M&G Investment Management Limited (wholly owned subsidiary of M&G Limited) – 78,736,508 (8.52%) The Prudential Assurance Company Limited (wholly owned subsidiary of Prudential plc) – 35,075,305 (3.79%) |
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Proxy Voting: | |||||
10. Name of the proxy holder: | Â | 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 | ||||
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13. Additional information: |
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14. Contact name: |
John Baker / Owen Smith / James Todd
M&G Investment Management Limited |
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15. Contact telephone number: | 020 7548 2561 / 020 7004 4517 / 020 7548 2293 |
View source version on businesswire.com: http://www.businesswire.com/news/home/20161220005678/en/