Notification of Major Interests in Shares

RNS Number : 9612G

Prudential PLC

19 May 2011

 



PRUDENTIAL PLC ANNOUNCEMENT

Notification of Major Interests in Shares

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:     

Prudential 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 instruments with similar economic effect to qualifying financial instruments

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

 BlackRock Inc.            

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

 N/A      

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

13 May 2011

6.   Date on which issuer notified:      

 18 May 2011

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

Holding has gone above 5%

8.   Notified details:

8A: Voting rights attached to shares

Class/type of shares: GB0007099541

Situation previous to the Triggering transaction:     

No of Shares	No of Voting Rights
126,230,687	126,230,687

Resulting situation after the triggering transaction:

No of shares	No of voting rights		% of voting rights
Direct	Direct	Indirect	Direct	Indirect
n/a	n/a	126,714,370	N/A	4.97%

8B: 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
n/a	n/a	n/a	n/a	n/a

8C: Financial  Instruments with similar economic effect to Qualifying Financial Instruments 

Type of financial instrument	Exercise price	Expiration date	Exercise/ Conversion Period/ Date	Number of voting rights instrument refers to	% of voting rights
					Nominal	Delta
CFD	N/A	N/A	N/A	687,437	0.03%	0.03%

Total (A+B+C):

Number of voting rights	% of voting rights
127,401,807	5.00%

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

BlackRock Investment Management (UK) Limited - 127,401,807 (5.00%)

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:    

Prudential plc is not affiliated in any manner with Prudential Financial, Inc. a company whose principal place of business is in the United States of America.

Contact name for Enquiries    

Angela Zeng, Group Secretariat 020 7548 3943

Company official responsible for making notification

Clive Burns, Head of Group Secretariat

 

END

 

 

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