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Xaar PLC (XAR)

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Friday 25 July, 2008

Xaar PLC

Holding(s) in Company

RNS Number : 9203Z
Xaar PLC
25 July 2008
 



Xaar PLC ('the Company')

Notifiable Interest


A form TR-1 containing the following information has been received by the Company. 

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 the notification 

An acquisition or disposal of voting rights

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): 


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

22 July 2008

6. Date on which issuer notified: 

23 July 2008

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

13%

8. Notified details: 

A: Voting rights attached to shares

Class/type of shares

if possible using ISIN CODE


Situation previous to Triggering transaction


Resulting situation after the triggering transaction

Notification required under DTR transitional provision 7

Number of Shares

Number of Voting Rights


Number of shares


Number of voting rights

% of voting rights

Direct


Direct

Indirect

Direct

Indirect

GB0001570810

8,198,777

8,198,777

8,172,304

8,172,304


12.99%


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

N/A

N/A

N/A

N/A

N/A

Total (A+B)

Number of voting rights

% of voting rights


8,172,304

12.99%


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)

M&G Securities Limited (wholly owned subsidiary of M&G Limited)

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: 


14Contact name

Dipesh Varsani

M&G Investment Management Limited

15Contact telephone number

020 7548 3261



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