Holding(s) in Company

RNS Number : 0305C
Weir Group PLC
28 February 2011
 




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:

Weir Group Plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

X

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:

Prudential plc group of companies

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

See attached schedule

5. Date of the transaction and date on
which the threshold is crossed or
reached:

24 February 2011

6. Date on which issuer notified:

25 February 2011

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

See item 13



 

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

GB0009465807

13,221,740

13,221,740

13,171,856

13,171,856


6.24%











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

13,171,856

6.24%



 

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

Prudential plc (parent Company)

M&G Group Limited (wholly owned subsidiary of Prudential plc)

M&G Limited (wholly owned subsidiary of M&G Group Limited)

M&G Investment Management Limited (wholly owned subsidiary of M&G Limited)

The Prudential Assurance Company Limited (wholly owned subsidiary of Prudential plc)

 


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:

 

The notifiable position has not crossed a disclosable threshold. The notifiable position of 6.24% is an exempt holding under section 5.1.2 of the FSA's DTR Handbook.

 

The trigger for this notification is the movement from 6.01% to 5.99% in the non-exempt holding, which makes up part of the 6.24% notifiable interest.

 

14. Contact name:

Ryan Dowling / Mark Thomas

M&G Investment Management Limited

15. Contact telephone number:

020 7548 3261 / 020 7548 3266

 

 

 

PRUDENTIAL PLC



Registered Holder

Holding

% Voting Rights

NORTRUST NOMINEE LTD A/C MHA01

50,000


NORTRUST NOMINEE LTD A/C MHE01

160,000


NORTRUST NOMINEE LTD A/C MHF01

46,477


NORTRUST NOMINEE LTD A/C MHJ01

215,922


NORTRUST NOMINEE LTD A/C MKB01

53,596


NORTRUST NOMS LTD

5,269


NORTRUST NOMS LTD A/C PUS01

8,546


PRUCLT HSBC GIS NOM(UK) PAC AC

12,458,181


PRUCLT HSBC GIS NOM(UK) PPL AC

173,865


Total

13,171,856

6.24




M&G GROUP LIMITED



Registered Holder

Holding

% Voting Rights

NORTRUST NOMINEE LTD A/C MHA01

50,000


NORTRUST NOMINEE LTD A/C MHE01

160,000


NORTRUST NOMINEE LTD A/C MHF01

46,477


NORTRUST NOMINEE LTD A/C MHJ01

215,922


NORTRUST NOMINEE LTD A/C MKB01

53,596


NORTRUST NOMS LTD

5,269


NORTRUST NOMS LTD A/C PUS01

8,546


PRUCLT HSBC GIS NOM(UK) PAC AC

12,458,181


PRUCLT HSBC GIS NOM(UK) PPL AC

173,865


Total

13,171,856

6.24




M&G INVESTMENT MANAGEMENT LIMITED


Registered Holder

Holding

% Voting Rights

NORTRUST NOMINEE LTD A/C MHA01

50,000


NORTRUST NOMINEE LTD A/C MHE01

160,000


NORTRUST NOMINEE LTD A/C MHJ01

215,922


NORTRUST NOMINEE LTD A/C MKB01

53,596


NORTRUST NOMS LTD

5,269


NORTRUST NOMS LTD A/C PUS01

8,546


PRUCLT HSBC GIS NOM(UK) PAC AC

12,458,181


PRUCLT HSBC GIS NOM(UK) PPL AC

173,865


Total

13,125,379

6.22




M&G LIMITED



Registered Holder

Holding

% Voting Rights

NORTRUST NOMINEE LTD A/C MHA01

50,000


NORTRUST NOMINEE LTD A/C MHE01

160,000


NORTRUST NOMINEE LTD A/C MHF01

46,477


NORTRUST NOMINEE LTD A/C MHJ01

215,922


NORTRUST NOMINEE LTD A/C MKB01

53,596


NORTRUST NOMS LTD

5,269


NORTRUST NOMS LTD A/C PUS01

8,546


PRUCLT HSBC GIS NOM(UK) PAC AC

12,458,181


PRUCLT HSBC GIS NOM(UK) PPL AC

173,865


Total

13,171,856

6.24




THE PRUDENTIAL ASSURANCE COMPANY LIMITED


Registered Holder

Holding

% Voting Rights

PRUCLT HSBC GIS NOM(UK) PAC AC

12,458,181


PRUCLT HSBC GIS NOM(UK) PPL AC

173,865


Total

12,632,046

5.99




Percentage holdings are calculated using 210,759,938 Total Voting Rights

 

 


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