Notification of Major Interes

RNS Number : 8637P

IG Group Holdings plc

23 July 2010

 



IG Group Holdings plc

23^rd July 2010

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			IG Group Holdings 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):
3. Full name of person(s) subject to the notification obligation: iii		CVC European Equity III Limited
4. Full name of shareholder(s)  (if different from 3.):iv		CVC European Equity Partners III L.P. CVC European Equity Partners III Parallel Fund -A L.P. CVC European Equity Partners III Parallel Fund - B L.P. CVC Europe Enterprise (Domestic) L.P. CVC Europe Enterprise (Cayman) L.P.
5. Date of the transaction and date on which the threshold is crossed or reached: v		23rd July 2010 (Note date for settlement is 28th July 2010)
6. Date on which issuer notified:		23rd July 2010
7. Threshold(s) that is/are crossed or reached: vi, vii		From 3% to under 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

Ordinary Shares GB00B06QFB75

13,954,879

13,954,879

10,616,628

10,616,628

2.94%

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

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

10,616,628

2.94%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
CVC European Equity III Limited is general partner of the limited partnership known as CVC European Equity III General Partner L.P., which is the general partner of each of the limited partnerships known as CVC European Equity Partners III L.P., CVC European Equity Partners III Parallel Fund - A L.P. and CVC European Equity Partners III Parallel Fund - B L.P. CVC European Equity III Limited is the parent company of CVC Europe Enterprise GP Limited, which is the general partner of each of the limited partnerships known as CVC Europe Enterprise (Domestic) L.P. and CVC Europe Enterprise (Cayman) L.P.
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 by DTR 5.8.8, the percentage voting rights figure used for the purposes of this notification was calculated using the number of voting rights in existence at 1 April 2010, being the date of IG Group Holdings plc's most recent disclosure made in accordance with DTR 5.6.1 ( Ordinary Shares). Three co-investment vehicles invested in IG Group Holdings plc alongside the CVC funds listed above and have disposed of a proportional amount of their shareholding. These are Capital Investors 2002 Limited (disposed of 34,032 shares; new shareholding 101,116 shares), Citicorp Capital Investors Europe Limited (disposed of 160,710 shares; new shareholding 511,105 shares); Citi Europe Co-Invest, L.P. (disposed of 32,138 shares; new shareholding 102,209 shares) and Indigo Feeder L.P. (disposed of 45,954 shares; new shareholding 146,149). These entities are not under the control of CVC European Equity III Limited and hence have not been included in this notification.
14. Contact name:	Guy Abbi, Company Secretary, IG Group Holdings plc
15. Contact telephone number:	020 7896 0011

 

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