Holding(s) in Company

RNS Number : 2682G

Xaar PLC

21 October 2008

 



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:	Xaar Plc
2. Reason for notification (yes/no)
An acquisition or disposal of voting rights		Yes
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
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.):	Prudential plc, M&G Group Ltd, M&G Ltd, M&G Investment Management Ltd
5. Date of the transaction (and date on which the threshold is crossed or reached if different):	15 October 2008
6. Date on which issuer notified:	16 October 2008
7. Threshold(s) that is/are crossed or reached:	10%

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
GB0001570810	7,970,159	7,970,159	6,271,197	6,271,197		9.97%

B: 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

Total (A+B)
Number of voting rights	% of voting rights
6,271,197	9.97%

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

Prudential plc (parent company) Total holding = 6,271,197 = 9.97% M&G Group Limited (wholly owned subsidiary of Prudential plc) Total holding = 6,229,404 = 9.90% M&G Limited (wholly owned subsidiary of M&G Group Limited) Total holding = 6,229,404 = 9.90% M&G Investment Management Limited (wholly owned subsidiary of M&G Limited) Total holding = 6,217,889 = 9.88%

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:
14. Contact name:	Andrew Taylor
15. Contact telephone number:	0122 342 3663

 

END

 

 

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