Holding(s) in Company

RNS Number : 2059V

Man Group plc

14 April 2016

 

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:

Man 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:	Silchester International Investors LLP
4. Full name of shareholder(s) (if different from 3.):	Silchester International Investors International Value Equity Taxable Trust Silchester International Investors International Value Equity Trust Silchester International Investors International Value Equity Group Trust Silchester International Investors Tobacco Free International Value Equity Trust The Calleva Trust
5. Date of the transaction and date on which the threshold is crossed or reached:	12 April 2016
6. Date on which issuer notified:	13 April 2016
7. Threshold(s) that is/are crossed or reached:	5%

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
GB00B83VD954	Below threshold	Below threshold			85,232,803		5.00%

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	N/A	N/A	N/A	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	N/A	N/A	N/A	N/A	Nominal	Delta
					N/A	N/A

Total (A+B+C)
Number of voting rights	Percentage of voting rights
85,232,803	5.00%

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

N/A

Proxy Voting:
10. Name of the proxy holder:	Silchester International Investors LLP
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:	Silchester International Investors LLP ("Silchester") acts as investment manager for its clients detailed in Question 4 above (its "Clients").  In acting for its Clients, Silchester is given full discretion over its Clients' investments and is empowered to vote on their behalf.  However, it does not act as its Clients' custodian and therefore shares are not held in Silchester's name but in the name of each Client's custodian bank.  The increase in Silchester's holdings was due to a series of transactions over a series of different trading days.  Notification is provided based on the total voting rights figure of 1,703,111,700.
14. Contact name:	Rachel Rowson
15. Contact telephone number:	020 7144 1732

 

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