Holding(s) in Company

RNS Number : 3024C

Weir Group PLC

10 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:		The Weir 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:	Prudential plc group of companies
4. Full name of shareholder(s) (if different from 3.):	See attached schedule
5. Date of the transaction and date on which the threshold is crossed or reached:	9 November 2009
6. Date on which issuer notified:	10 November 2009
7. Threshold(s) that is/are crossed or reached:	See item 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

Indirect

Direct

Indirect

GB0009465807

17,002,380

16,938,987

8.05%

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

16,938,987

8.05%

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) The Prudential Assurance Company Limited (wholly owned subsidiary of Prudential plc)

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:	As per 5.1.2, the non-exempt holdings for Prudential plc have dropped below 7% triggering this notification.
14. Contact name:	Dipesh Varsani/ Mark Thomas M&G Investment Management Limited
15. Contact telephone number:	020 7548 3261/ 020 7548 3266

PRUDENTIAL PLC

Registered Holder	Holding	%
NORTRUST NOMINEE LTD A/C MHA01	150,000
NORTRUST NOMINEE LTD A/C MHE01	200,000
NORTRUST NOMINEE LTD A/C MHF01	50,593
NORTRUST NOMINEE LTD A/C MHJ01	752,549
NORTRUST NOMINEE LTD A/C MKB01	619,092
NORTRUST NOMINEE LTD A/C MKM01	200,000
NORTRUST NOMS LTD	5,269
NORTRUST NOMS LTD A/C PUQ01	250,000
PRUCLT HSBC GIS NOM(UK) PAC AC	14,365,620
PRUCLT HSBC GIS NOM(UK) PPL AC	345,864
Total	16,938,987	8.05

M&G GROUP LIMITED

Registered Holder	Holding	%
NORTRUST NOMINEE LTD A/C MHA01	150,000
NORTRUST NOMINEE LTD A/C MHE01	200,000
NORTRUST NOMINEE LTD A/C MHF01	50,593
NORTRUST NOMINEE LTD A/C MHJ01	752,549
NORTRUST NOMINEE LTD A/C MKB01	619,092
NORTRUST NOMINEE LTD A/C MKM01	200,000
NORTRUST NOMS LTD	5,269
NORTRUST NOMS LTD A/C PUQ01	250,000
PRUCLT HSBC GIS NOM(UK) PAC AC	14,365,620
PRUCLT HSBC GIS NOM(UK) PPL AC	345,864
Total	16,938,987	8.05

M&G INVESTMENT MANAGEMENT LIMITED

Registered Holder	Holding	%
NORTRUST NOMINEE LTD A/C MHA01	150,000
NORTRUST NOMINEE LTD A/C MHE01	200,000
NORTRUST NOMINEE LTD A/C MHJ01	752,549
NORTRUST NOMINEE LTD A/C MKB01	619,092
NORTRUST NOMINEE LTD A/C MKM01	200,000
NORTRUST NOMS LTD	5,269
NORTRUST NOMS LTD A/C PUQ01	250,000
PRUCLT HSBC GIS NOM(UK) PAC AC	14,365,620
PRUCLT HSBC GIS NOM(UK) PPL AC	345,864
Total	16,888,394	8.03

M&G LIMITED

Registered Holder	Holding	%
NORTRUST NOMINEE LTD A/C MHA01	150,000
NORTRUST NOMINEE LTD A/C MHE01	200,000
NORTRUST NOMINEE LTD A/C MHF01	50,593
NORTRUST NOMINEE LTD A/C MHJ01	752,549
NORTRUST NOMINEE LTD A/C MKB01	619,092
NORTRUST NOMINEE LTD A/C MKM01	200,000
NORTRUST NOMS LTD	5,269
NORTRUST NOMS LTD A/C PUQ01	250,000
PRUCLT HSBC GIS NOM(UK) PAC AC	14,365,620
PRUCLT HSBC GIS NOM(UK) PPL AC	345,864
Total	16,938,987	8.05