Holding(s) in Company

RNS Number : 8470I

Independent Resources PLC

04 June 2014

 

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:			Independent Resources Plc
2. Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights				Yes
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:		Legal & General Group Plc (Group) Legal & General Investment Management Limited (LGIM) Legal & General Group Plc (L&G)
4. Full name of shareholder(s)  (if different from 3.):		Legal & General (Unit Trust Managers) Limited (UTM)
5. Date of the transaction and date on which the threshold is crossed or reached:		02 June 2014
6. Date on which issuer notified:		03 June 2014
7. Threshold(s) that is/are crossed or reached:		L&G (From 7% to 6%) LGIM (below 15%)

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		Indirect		Direct	Indirect
Ordinary 1p	3,468,200 L&G (As on 21/03/2011)		7.56%		6,630,909	3,152,909		3,478,000		6.88%	7.59%
	6,904,000 LGIM (As on 21/03/2011)		15.06%
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
3,152,909 L&G				6.88%
6,630,909 LGIM				14.47%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Legal & General Group Plc (Direct and Indirect) (Group) ( 6,630,909 -14.47% = Total Position) Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect)  ( 6,630,909 - 14.47% = Total Position) Legal & General Investment Management Limited (Indirect) (LGIM) ( 6,630,909 - 14.47% = Total Position) Legal & General (Unit Trust Managers) Limited ( 3,478,000 - 7.59% = Total Position) Legal & General Group Plc (Direct) (L&G) ( 3,152,909 -6.88% = LGAS, LGPL & PMC) Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD) Legal & General Insurance Holdings Limited (Direct) (LGIH)   Legal & General Assurance (Pensions Management) Limited  (PMC) Legal & General Assurance Society Limited  (LGAS & LGPL) Legal & General Pensions Limited (Direct)  (LGPL)
Proxy Voting:
10. Name of the proxy holder:		N/A
11. Number of voting rights proxy holder will cease to hold:		N/A
12. Date on which proxy holder will cease to hold voting rights:		N/A
13. Additional information:	Notification using the total voting rights figure of  45,836,867
14. Contact name:	Angela Hayter (LGIM)
15. Contact telephone number:	020 3124 3851

 

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HOLUSOURSVANRAR