Holding(s) in Company

RNS Number : 3924V

Provident Financial PLC

28 May 2008

 



TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

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

Provident Financial plc

2. Reason for the notification (please place an X inside the appropriate bracket/s):

An acquisition or disposal of voting rights: ( X )

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( )

An event changing the breakdown of voting rights: (  )

Other (please specify) : ( )

……………..

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

Schroders plc

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

-

5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):

23 May 2008

6. Date on which issuer notified:

27 May 2008

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

From 11% to 10% 

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 (vi)
Ordinary shares of 20 8/11p ISIN: GB00B1Z4ST84	Number of shares 16,063,671	Number of voting Rights (viii) 14,556,578

Resulting situation after the triggering transaction (vii)

Class/type of shares if possible using the ISIN CODE	Number of shares	Number of voting rights (ix)		% of voting rights
Ordinary shares of 20 8/11p ISIN: GB00B1Z4ST84	15,896,458	Direct (x) n/a	Indirect (xi) 14,387,473	Direct n/a	Indirect 10.96%

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

Type of financial instrument	Expiration Date (xiii)	Exercise/Conversion Period/ Date (xiv)	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights

Total (A+B)

Number of voting rights 14,387,473	% of voting rights 10.96%

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

Schroder Investment Management Limited	14,310,353	10.90%
Schroder & Co Limited	77,120	0.06%

Proxy Voting:

10. Name of the proxy holder:

……………..

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:

The shares referred to in section 9 are held in portfolios managed by those firms on a discretionary basis for clients under investment management agreements.

14. Contact name:

E G Versluys

Deputy Company Secretary

15. Contact telephone number:

01274 731111 ext. 2569

 

END

 

 

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