Holding(s) in Company
For filings with the FSA 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 Tullett Prebon 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):
OppenheimerFunds, Inc ("OFI")
OFI Institutional Asset Management, Inc.
("OFII")
3. Full name of person(s) subject to the
notification obligation:iii Baring Asset Management Limited ("BAM")
Baring Fund Managers Limited ("BFML")
4. Full name of shareholder(s)
(if different from 3.):iv
5. Date of the transaction and date on
which the threshold is crossed or April 6, 2011
reached: v
6. Date on which issuer notified: April 8, 2011
7. Threshold(s) that is/are crossed or 3% (aggregate position increased to 3.01%)
reached: vi, vii
8. Notified details:
Tullet Prebon Plc, Level 3, 155 Bishopsgate, London EC2M 3TQ
Nigel Szembel: nszembel@tullettprebon.com
A: Voting rights attached to shares viii, ix
Class/type of Situation previous Resulting situation after the triggering transaction
shares to the triggering
transaction
if possible Number Number Number Number of voting % of voting rights x
using of of of shares rights
the ISIN CODE Shares Voting
Rights Direct Direct Indirect xii Direct Indirect
xi
6,181,398 (OFI) 6,181,398
(OFI) 2.87% (OFI)
6,108,987 (OFI) 6,108,987 (OFI) 96,629 (OFII)
96,629 (OFII) 0.04% (OFII)
242,237 (BAM) 242,237 (BAM) 53,364 (BAM)
GB00B1H0DZ51 53,364 (BAM) 0.02% (BAM)
6,351,224 6,351,224 160,000 (BFML)
(Total) (Total) 160,000 (BFML) 0.07% (BFML)
6,491,391
(Total) 6,491,391 3.01% (Total)
(Total)
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date xiii Conversion Period xiv rights that may be rights
acquired if the
instrument is
exercised/ converted.
C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial Exercise Expiration Exercise/ Number of voting rights % of voting rights
instrument price date xvii Conversion instrument refers to xix, xx
period xviii
Nominal Delta
Total (A+B+C)
Number of voting rights Percentage of voting rights
6,181,398 (OFI) 2.87% (OFI)
96,629 (OFII) 0.04% (OFII)
53,364 (BAM) 0.02% (BAM)
160,000 (BFML) 0.07% (BFML)
6,491,391 (Total) 3.01% (Total)
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi
The percentage of holdings noted above is based on the total outstanding shares
of 215,313,584.
Massachusetts Mutual Life Insurance Company ("MassMutual") is the ultimate
parent company of OppenheimerFunds, Inc ("OFI"), OFI Institutional Asset
Management, Inc. ("OFII"), Baring Asset Management Limited ("BAM"), and Baring
Fund Managers Limited ("BFML").
OFII is a direct wholly-owned subsidiary of OFI, which is a direct wholly-owned
subsidiary of Oppenheimer Acquisition Corp., which is a direct wholly-owned
subsidiary of MassMutual Holding LLC, which is owned by MassMutual.
BFML is a direct wholly-owned subsidiary of BAM, which is an indirect
wholly-owned subsidiary of MassMutual Baring Holding LLC, which is ultimately
owned by MassMutual.
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to
hold:
12. Date on which proxy holder will cease to hold
voting rights:
13. Additional information:
4. Contact name: Susan J. Beaudin, Massachusetts Mutual Life Insurance
Company
15. Contact telephone number: 011(413)744-5956