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

V
oting
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



This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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