Holding(s) in Company

RNS Number : 4358C

London Stock Exchange Group PLC

12 November 2009

 



TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

London Stock Exchange Group 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

An event changing the breakdown of voting rights

Other (please specify):

Gradual sale of common stock and a change in issued share capital by the owner.

X

3. Full name of person(s) subject to the notification obligation:

Horizon Asset Management, Inc.

4. Full name of shareholder(s)   (if different from 3.):

Horizon Asset Management, Inc.

5. Date of the transaction and date on which the threshold is crossed or reached:

October 31, 2009-change in the issuance of shares by London Stock Exchange, Inc. & gradual sale of stock by Horizon Asset Management.

6. Date on which issuer notified:

November 12, 2009.

7. Threshold(s) that is/are crossed or reached:

n/a

8. Notified details:

A: Voting rights attached to shares

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

Direct

Direct

Indirect

Direct

Indirect

7.2% of shares outstanding

same

9,900,401-Horizon 3,385,497

Same

3.65%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/  Conversion Period

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

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date

Exercise/ Conversion period

Number of voting rights instrument refers to

% of voting rights

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

9,900,401-Horizon

3.65%-Horizon

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

Proxy Voting:

10. Name of the proxy holder:

Horizon - use RiskMetrics as the proxy administrator

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:

Horizon and Kinetics are two related federally registered investment advisers, with some overlapping ownership and employment. They each file separate holdings reports with the SEC and have separate ADV filings with the SEC.

14. Contact name:

Andrew M. Fishman,  General Counsel of Horizon

15. Contact telephone number:

646-495-7347

 

END

 

 

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