Holding(s) in Company

RNS Number : 3402D
Provident Financial PLC
30 November 2009
 






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:

  Provident Financial 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:


 Schroders plc

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


 

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


 27 November 2009

6. Date on which issuer notified:


 30 November 2009

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


 11% - 12%

  

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

V
oting
Rights

Number
of shares

Number of voting
rights

% of voting rights

Direct

Direct

Indirect

Direct

Indirect

Ordinary shares 

of 20 8/11p

ISIN:

GB00B1Z4ST84

16,413,496

16,051,800 

16,500,440

n/a 

16,138,744

n/a 

12.037%

 


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







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

Percentage of voting rights

 16,138,744

12.037%


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


Schroder Investment Management Limited 15,984,866   11.922%

Schroder & Co. Limited 153,878  0.115%




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:


The shares referred to in section 9 are held in portfolios managed by those firms on a discretionary basis for clients under investment management agreements

14. Contact name:


Emma G Versluys

Deputy Company Secretary

15. Contact telephone number:


 01274 731111 ext 2569



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