Holding in Company

RNS Number : 1216U

Phoenix Group Holdings

08 October 2010

 



Financial Services Authority

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:			Phoenix Group Holdings
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):	Internal restructuring of Xercise Ltd			X
3. Full name of person(s) subject to the notification obligation:		Hugh Edward Mark Osmond
4. Full name of shareholder(s)  (if different from 3.):		Friends Provident a/c 712134, Xercise Ltd
5. Date of the transaction and date on which the threshold is crossed or reached:		4 October 2010
6. Date on which issuer notified:		7 October 2010
7. Threshold(s) that is/are crossed or reached:		Above 5%

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

EUR 0.0001

Below 3%

9,161,266

9,161,266

5.56%

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

9,161,266

5.56%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Friends Provident International Ltd (ref: Life Bond 712134) 1,816,120 Xercise Ltd 7,345,146
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  164,862,855
14. Contact name:	Stephen Farrugia
15. Contact telephone number:	020 7725 0810

 

END

 

 

HOLZVLFBBBFBFBL