Notification of Major Interes

RNS Number : 7119L
IG Group Holdings plc
11 May 2010
 



IG Group Holdings plc

11/05/2010


TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi



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

IG Group Holdings plc

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

An acquisition or disposal of voting rights


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

X

Other (please specify):



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

CVC European Equity III Limited

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

CVC European Equity Partners III L.P.

CVC European Equity Partners III Parallel Fund -A L.P.

CVC European Equity Partners III Parallel Fund - B L.P.

CVC Europe Enterprise (Domestic) L.P.

CVC Europe Enterprise (Cayman) L.P.

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

10 May 2010

 

(Note: Date for settlement is 14th May 2010).

6. Date on which issuer notified:

11 May 2010

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

From 7% to 3%



 

8. Notified details:

A: Voting rights attached to shares viii, ix

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 x

Direct

Direct xi

Indirect xii

Direct

Indirect

Ordinary Shares

27,909,755

27,909,755

13,954,879

13,954,879


3.86


GB00B06QFB75


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date
xiii

Exercise/
Conversion Period
xiv

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 xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date xvii

Exercise/
Conversion period
xviii

Number of voting rights instrument refers to

 

% of voting rights xix, xx

 





 

 

Nominal

Delta




Total (A+B+C)

Number of voting rights

Percentage of voting rights

13,954,879

3.86%



 

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

 

CVC European Equity III Limited is general partner of the limited partnership known as CVC

European Equity III General Partner L.P., which is the general partner of each of the limited

partnerships known as CVC European Equity Partners III L.P., CVC European Equity Partners III

Parallel Fund - A L.P. and CVC European Equity Partners III Parallel Fund - B L.P. CVC European Equity III Limited is the parent company of CVC Europe Enterprise GP Limited, which is the general partner of each of the limited partnerships known as CVC Europe Enterprise (Domestic) L.P. and CVC Europe Enterprise (Cayman) L.P.

 


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:

As required by DTR 5.8.8, the percentage voting rights figure used for the purposes of this notification was calculated using the number of voting rights in existence at 1 April 2010, being the date of IG Group Holdings plc's most recent disclosure made in accordance with DTR 5.6.1 ( Ordinary

Shares).

 

Three co-investment vehicles invested in

IG Group Holdings plc alongside the CVC funds listed above and have disposed of a proportional amount of their shareholding. These are Capital Investors 2002 Limited (disposed of 135,149 shares; new shareholding 149,383 shares), Citicorp Capital Investors Europe Limited (disposed of 671,816 shares;

new shareholding 671,815 shares); Citi

Europe Co-Invest, L.P. (disposed of 134,348

shares; new shareholding 134,347 shares) and Indigo Feeder L.P. (disposed of 192,103 shares; new shareholding 192,103). These entities are not under the control of CVC European Equity III Limited and hence have not been included in this notification.

14. Contact name:

Guy Abbi

Company Secretary

IG Group Holdings plc

15. Contact telephone number:

020 7896 0011

 


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