Holding(s) in Company

RNS Number : 3816S

Marshalls PLC

08 September 2010

 



TR-1:              NOTIFICATION OF MAJOR INTERESTS IN SHARES

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

Marshalls 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 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 Section 9

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

7 September 2010

6. Date on which issuer notified:

8 September 2010

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

See Section 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

GB00B012BV22

18,821,114

18,821,114

18,771,114

18,771,114

9.53%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ Conversion  Period/ Date

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

% of voting rights

18,771,114

9.53%

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)

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 9.53% is an exempt holding under section 5.1.2 of the FSA's DTR Handbook. The trigger for this notification is the movement from 3.01% to 2.99% in the non-exempt holding, which makes up part of the 9.53% notifiable interest.

14. Contact name:

Cathy Baxandall, Company Secretary, Marshalls plc

15. Contact telephone number:

01484 438900

 

END

 

 

HOLLLFVEAEITIII