Holding(s) in Company

RNS Number : 8331F

Barclays PLC

03 May 2011

 



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				ü
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii		His Highness Sheikh Mansour Bin Zayed Al Nahyan ("HHSM")
4. Full name of shareholder(s)  (if different from 3.):iv		Yas Capital Limited ("YCL")
5. Date of the transaction and date on which the threshold is crossed or reached: v		27 April 2011
6. Date on which issuer notified:		28 April 2011
7. Threshold(s) that is/are crossed or reached: vi, vii		7%

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

Ordinary shares

758,437,618

758,437,618

Nil

Nil

758,437,618

Nil%

6.22%

ISIN GB0031348658

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

Cash-settled options referencing ordinary shares

96,728,371

Nominal

Delta

0.79%

Total (A+B+C)

Number of voting rights

Percentage of voting rights

855,165,989

7.02%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
The cash-settled options are legally owned by YCL.  YCL is, in turn, wholly owned by HHSM. The triggering transaction is the acquisition, on 27 April 2011, by YCL of cash-settled options referencing 15,885,500 ordinary shares in Barclays PLC.  This figure, when aggregated with YCL's pre-existing holding of similar cash-settled options, brought the total voting rights deemed to be held by YCL (pursuant to DTR 5.3.1R) to 96,728,371.  Accordingly, as a result of the triggering transaction YCL is deemed to hold directly, and HHSM is deemed to hold indirectly, 0.79% of the voting rights in Barclays PLC through YCL's total holding of cash-settled options. For the avoidance of doubt, YCL has no right to acquire or exercise any voting rights in Barclays PLC. The indirect holding by HHSM of the cash-settled options, when aggregated with HHSM's pre-existing indirect holding of ordinary shares (which has been the subject of previous notifications), exceeds the 7% threshold for voting rights that is notifiable by HHSM pursuant to DTR 5.1.2R.
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 12,185,635,036 as set out in the regulatory announcement made by Barclays PLC dated 31 March 2011.
14. Contact name:	Michael Latefi
15. Contact telephone number:	+971.566.852.568

 

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