Holding(s) in Company

RNS Number : 7134T

Barclays PLC

10 June 2009

 



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				Barclays PLC
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
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					YES
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii		PCP Gulf Invest 1 Limited
4. Full name of shareholder(s)   (if different from 3.):iv		PCP Gulf Invest 1 Limited
5. Date of the transaction and date on which the threshold is crossed or reached: v		5 June 2009
6. Date on which issuer notified:		8 June 2009
7. Threshold(s) that is/are crossed or reached: vi, vii		15%- 3%

8. Notified details:

A: Voting rights attached to shares viii, ix

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 x

Direct

Direct xi

Indirect xii

Direct

Indirect

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/  Conversion Period xiv

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 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

Mandatorily convertible notes ('MCNs')

153.276p

30 June 2009

MCNs are convertible at the option of PCP1 up until 23 June 2009 and if not converted on or prior to such date will automatically convert into Barclays PLC Ordinary Shares on 30 June 2009

Nil

Nominal

Delta

Nil

Not required

Total (A+B+C)

Number of voting rights

Percentage of voting rights

Nil

Nil

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
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:	The triggering transaction is the conversion of the MCNs and subsequent disposal of the resultant ordinary shares in Barclays PLC, which occurred on 5 June 2009.  As a result, the aggregate percentage of voting rights in Barclays PLC referenced by PCP1's financial instruments fell on 5 June from 15.55% to NIL%. As required under the Disclosure Rules, this notification has been prepared using the total voting rights figure of 8,391,578,567 as set out in the regulatory announcement made by Barclays PLC dated 29 May 2009. Consequently the quoted percentages of voting rights detailed in this notification have been calculated without including the further shares to be issued when the MCNs included in this notification are converted. This results in the percentage figure for the holding prior to the conversion of the MCNs being artificially high. Reference should also be made to the regulatory announcement made on 2 June 2009 relating to the sale by PCP1's indirect parent, International Petroleum Investment Company, of ordinary shares in Barclays PLC arising on conversion of the MCNs, as referred to in this notification.
14. Contact name:	Fryderyk J. Holc
15. Contact telephone number:	+971.(2).417.6690

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			Barclays PLC
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
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				YES
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii		International Petroleum Investment Company ('IPIC') Kadin Holdings Ltd. ('Kadin')
4. Full name of shareholder(s)   (if different from 3.):iv		PCP Gulf Invest 1 Limited ('PCP1')
5. Date of the transaction and date on which the threshold is crossed or reached: v		5 June 2009
6. Date on which issuer notified:		8 June 2009
7. Threshold(s) that is/are crossed or reached: vi, vii		24%- 10%

8. Notified details:

A: Voting rights attached to shares viii, ix

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 x

Direct

Direct xi

Indirect xii

Direct

Indirect

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/  Conversion Period xiv

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 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

Mandatorily convertible notes ('MCNs')

153.276p

30 June 2009

MCNs are convertible at the option of PCP1 up until 23 June 2009 and if not converted on or prior to such date will automatically convert into Barclays PLC Ordinary Shares on 30 June 2009

Nil

Nominal

Delta

Nil

Not required

Warrants

197.775p

31 October 2013

27 November 2008 - 31 October 2013

758,437,618

Nominal

Delta

9.04%

Not required

Total (A+B+C)

Number of voting rights

Percentage of voting rights

758,437,618

9.04%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Prior to the triggering transaction, the MCNs were legally owned by PCP1. PCP1 was, in turn, wholly owned by Kadin, which was, in turn, wholly owned by IPIC. The triggering transaction is the conversion of the MCNs and subsequent disposal of the resultant ordinary shares in Barclays PLC, which occurred on 5 June 2009.  As a result, the aggregate percentage of voting rights in Barclays PLC referenced by IPIC's financial instruments fell on 5 June 2009 from 24.59% to 9.04% (as calculated pursuant to the Disclosure Rules). In addition, the aggregate percentage of voting rights in Barclays PLC referenced by Kadin's financial instruments fell on 5 June 2009 from 24.59% to 9.04% (as calculated pursuant to the Disclosure Rules). The 9.04% voting rights still referenced reflects the continued indirect holding of warrants by IPIC and Kadin that reference ordinary shares in Barclays PLC, as notified in the filing issued on 3 June 2009 (in respect of IPIC, Kadin, PCP1 and PCP Gulf Invest 3 Limited ('PCP3')). The warrants are legally owned by PCP3, which is, in turn, wholly owned by Kadin, which is, in turn, wholly owned by IPIC. The triggering transaction does not affect the ownership of the warrants as regards PCP3, Kadin and IPIC. For the sake of completeness, following the triggering transaction, the aggregate percentage of voting rights in Barclays PLC referenced by PCP3's financial instruments remains 9.04% (as calculated pursuant to the Disclosure Rules), comprising the voting rights referenced by the warrants. Reference should also be made to the regulatory announcement made on 2 June 2009 relating to the sale by IPIC of ordinary shares in Barclays PLC arising on conversion of the MCNs.
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:	As required under the Disclosure Rules, this notification has been prepared using the total voting rights figure of 8,391,578,567 as set out in the regulatory announcement made by Barclays PLC dated 29 May 2009. Consequently the quoted percentages of voting rights detailed in this notification have been calculated without including the further shares to be issued when the MCNs and warrants included in this notification are converted and exercised. This results in certain percentage figures being artificially high.
14. Contact name:	Fryderyk J. Holc
15. Contact telephone number:	+971.(2).417.6690

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			Barclays PLC
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
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				YES
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii		His Excellency Khadem Abdulla Khadem Butti Al Qubaisi ('HE Khadem Al Qubaisi') KAQ Holdings Limited ('KAQ')
4. Full name of shareholder(s)   (if different from 3.):iv		KAQ Holdings Limited
5. Date of the transaction and date on which the threshold is crossed or reached: v		5 June 2009
6. Date on which issuer notified:		8 June 2009
7. Threshold(s) that is/are crossed or reached: vi, vii		3%- 9%

8. Notified details:

A: Voting rights attached to shares viii, ix

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 x

Direct

Direct xi

Indirect xii

Direct

Indirect

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/  Conversion Period xiv

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 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

Option

Subject to prior conditions

No expiration date

No exercise period

758,437,618

Nominal

Delta

9.04%

Not required

Total (A+B+C)

Number of voting rights

Percentage of voting rights

758,437,618

9.04%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
The option has been granted to KAQ. KAQ is wholly owned by HE Khadem Al Qubaisi, the managing director of International Petroleum Investment Company. The option is to acquire, at any time, the entire share capital (and not a portion only) of Kadin Holdings Ltd. ('Kadin'). Kadin wholly owns PCP Gulf Invest 3 Limited, which, in turn, owns warrants exercisable into 758,437,618 ordinary shares in Barclays PLC at an exercise price of 197.775p. The expiration date of the warrants is 31 October 2013.
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:	The option was granted to KAQ on 1 June 2009, but did not become exercisable until 5 June 2009. As required under the DTRs, this notification has been prepared using the total voting rights figure of 8,391,578,567 as set out in the regulatory announcement made by Barclays PLC dated 29 May 2009. Consequently the quoted percentages of voting rights detailed in this notification have been calculated without including the further shares to be issued when the warrants included in this notification are exercised. This results in certain percentage figures being artificially high.
14. Contact name:	Fryderyk J. Holc
15. Contact telephone number:	+971.(2).417.6690

 

END

 

 

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