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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi |
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1. Identity of the issuer or the underlying issuer |
M&C Saatchi PLC |
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2 Reason for the notification (please tick the appropriate box or boxes): |
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An acquisition or disposal of voting rights |
Yes |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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An event changing the breakdown of voting rights |
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Other (please specify): |
On market transfer between direct and indirect funds |
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3. Full name of person(s) subject to the |
JPMorgan Asset Management Holdings Inc. |
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4. Full name of shareholder(s) |
JPMorgan Asset Management (UK) Limited
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5. Date of the transaction and date on |
27 January 2011 |
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6. Date on which issuer notified: |
31 January 2011 |
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7. Threshold(s) that is/are crossed or |
5% upwards |
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8. Notified details: |
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A: Voting rights attached to shares viii, ix |
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Class/type of
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Situation previous |
Resulting situation after the triggering transaction |
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Number |
Number |
Number |
Number of voting |
% of voting rights x |
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Direct |
Direct xi |
Indirect xii |
Direct |
Indirect |
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Ordinary Shares
GB00B01F7T14
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N/A |
N/A |
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3,.111,389 |
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5.03% |
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B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial |
Expiration |
Exercise/ |
Number of voting |
% of voting |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi |
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Resulting situation after the triggering transaction |
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Type of financial |
Exercise price |
Expiration date xvii |
Exercise/ |
Number of voting rights instrument refers to
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% of voting rights xix, xx
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Nominal |
Delta |
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Total (A+B+C) |
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Number of voting rights |
Percentage of voting rights |
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3,111,389 |
5.03% |
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9. Chain of controlled undertakings through which the voting rights and/or the |
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Total disclosable holding for JPMorgan Asset Management Holdings Inc. : 3,111,389 (5.03%)
JPMorgan Asset Management (UK) Limited : 3,111,389 (5.03%)
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Proxy Voting: |
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10. Name of the proxy holder: |
N/A |
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11. Number of voting rights proxy holder will cease |
N/A |
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12. Date on which proxy holder will cease to hold |
N/A |