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Xaar PLC (XAR)

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Tuesday 21 October, 2008

Xaar PLC

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



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