Holding(s) in Company

RNS Number : 0033Z

Schroders PLC

08 March 2012

 



Veritas Limited

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:			Schroders plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights				No
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached				No
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments				No
An event changing the breakdown of voting rights				No
Other (please specify):	This notification relates to a reorganisation of certain settlements made by members of the Schroder Family, with Veritas Limited retiring as the trustee of certain settlements that hold beneficial interests in Schroders plc shares. This reorganisation has not involved any acquisition or disposal of shares in Schroders plc by those settlements.
3. Full name of person(s) subject to the notification obligation:		Veritas Limited
4. Full name of shareholder(s)  (if different from 3.):		Fervida (Bermuda) Limited
5. Date of the transaction and date on which the threshold is crossed or reached:		8 March 2012
6. Date on which issuer notified:		8 March 2012
7. Threshold(s) that is/are crossed or reached:		17% to 16%

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

Ordinary ISIN:

39,218,470

39,218,470

36,795,041

-

36,795,041

-

16.28

GB0002405495

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

N/A

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

N/A

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

36,795,041

16.28

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
See Appendix 1
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:	Percentage figures are based on a total number of voting rights of 226,022,400
14. Contact name:	Graham Staples
15. Contact telephone number:	020 7658 6742

Veritas Limited

Appendix 1

 (Chain of controlled undertakings through which the voting rights instruments are effectively held)

The 36,795,041 shares are registered in the name of a nominee company incorporated in Bermuda, Fervida (Bermuda) Limited. The beneficial interests in respect of 31,500,543 shares are held by the following investment holding companies (the entire issued share capital of which is in each case held by Veritas Limited) as follows:

Name of wholly owned subsidiary	Number of shares in respect of which the beneficial interest is held (and the percentage of voting rights they represent)
Tio (Bda) Ltd	878,508 (0.39%)
Hexagon (Bda) Ltd	882,027 (0.39%)
Procida (Bda) Ltd	872,244 (0.39%)
Burnt Oak (Bda) Ltd	818,829 (0.36%)
M 58 (Bda) Ltd	1,112,490 (0.49%)
H 58 B (Bda) Ltd	149,310 (0.07%)
B 80 A (Bda) Ltd	469,017 (0.21%)
Stowe (Bda) Ltd	885,702 (0.39%)
Hillingdon (Bda) Ltd	829,089 (0.37%)
Greenford (Bda) Ltd	818,905 (0.36%)
H 58 A (Bda) Ltd	1,266,507 (0.56%)
B 80 B (Bda) Ltd	464,310 (0.21%)
Somana (Bda) Ltd	887,211 (0.39%)
Gold Hawk (Bda) Ltd	817,402 (0.36%)
Friar (Bda) Ltd	821,875 (0.36%)
H 58 C (Bda) Ltd	656,577 (0.29%)
C 83 C (Bda) Ltd	2,413,566 (1.07%)
Width (Bda) Ltd	882,729 (0.39%)
Breadth (Bda) Ltd	473,445 (0.21%)
Felix (Bda) Ltd	822,438 (0.36%)
Chateauneuf (Bda) Ltd	818,829 (0.36%)
H 58 D (Bda) Ltd	249,147 (0.11%)
C 83 D (Bda) Ltd	2,412,504 (1.07%)
Brabazon Limited	9,078,873 (4.02%)*
B Eighty D Ltd	429,553 (0.19%)
B Eighty F Ltd	431,109 (0.19%)
B Eighty E Ltd	428,770 (0.19%)
B Eighty C Ltd	429,577 (0.19%)
Total	31,500,543 (13.94%)

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* Brabazon Limited (formerly Anima Ltd) holds the beneficial interest in respect of shares that represent more than 3% of the voting rights. Under LR 5.8.6, Brabazon Limited is not required to make a separate DTR 5 notification as the notification is being made by Veritas Limited, its parent undertaking.

 

END

 

 

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