Holding(s) in Company

RNS Number : 0522V

IP Group PLC

26 October 2010

 



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: ii			IP 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: iii		Prudential plc group of companies
4. Full name of shareholder(s)  (if different from 3.):iv		See attached schedule
5. Date of the transaction and date on which the threshold is crossed or reached: v		25 October 2010
6. Date on which issuer notified:		26 October 2010
7. Threshold(s) that is/are crossed or reached: vi, vii		See item 13

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

GB00B128J450

12,874,520

12,874,520

12,831,500

12,831,500

5.01%

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

12,831,500

5.01%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
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)
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:	M&G Investment Management Limited (wholly owned subsidiary of M&G Limited) no longer has a notifiable holding
14. Contact name:	Ryan Dowling / Mark Thomas M&G Investment Management Limited
15. Contact telephone number:	020 7548 2979 / 020 7548 3266

Schedule to section 4

	Registered Holder	Holding	Voting rights	% of voting rights
Prudential plc			12,831,500	5.01
	PRUCLT HSBC GIS NOM(UK) PPL AC NORTRUST NOMS LTD NORTRUST NOMS LTD A/C PUQ01 NORTRUST NOMS LTD A/C PUC01 NORTRUST NOMINEE LTD A/C MKM01 NORTRUST NOMINEE LTD A/C MHF01	81,952 1,896,823 5,000,000 298,275 5,500,000 54,450	81,952 1,896,823 5,000,000 298,275 5,500,000 54,450
M&G Group Limited			12,831,500	5.01
	PRUCLT HSBC GIS NOM(UK) PPL AC NORTRUST NOMS LTD NORTRUST NOMS LTD A/C PUQ01 NORTRUST NOMS LTD A/C PUC01 NORTRUST NOMINEE LTD A/C MKM01 NORTRUST NOMINEE LTD A/C MHF01	81,952 1,896,823 5,000,000 298,275 5,500,000 54,450	81,952 1,896,823 5,000,000 298,275 5,500,000 54,450
M&G Limited			12,831,500	5.01
	PRUCLT HSBC GIS NOM(UK) PPL AC NORTRUST NOMS LTD NORTRUST NOMS LTD A/C PUQ01 NORTRUST NOMS LTD A/C PUC01 NORTRUST NOMINEE LTD A/C MKM01 NORTRUST NOMINEE LTD A/C MHF01	81,952 1,896,823 5,000,000 298,275 5,500,000 54,450	81,952 1,896,823 5,000,000 298,275 5,500,000 54,450

 

END

 

 

HOLFEWFMMFSSEFS