Holding(s) in Company

RNS Number : 2621R

National Express Group PLC

18 August 2010

 

Financial Services Authority

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:			National Express Group Plc
2. Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights				Yes
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:		Legal & General Group Plc (Group) Legal & General Investment Management Limited (LGIM)
4. Full name of shareholder(s)  (if different from 3.):		Legal & General Group Plc (L&G) Legal & General Assurance Society Limited (LGAS & LGPL) Legal & General Assurance (Pensions Management) Limited (PMC)
5. Date of the transaction and date on which the threshold is crossed or reached:		28 July 2010
6. Date on which issuer notified:		18 August 2010
7. Threshold(s) that is/are crossed or reached:		LGIM (Above 10%) (Group)  LGIM (Above 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

Ordinary 5p

47,405,656 (As on 22/07/2010)

50,915,296

37,110,277

13,805,019

7.2757%

2.7065%

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

CFD

N/A

N/A

N/A

248,000

Nominal

Delta

0.0486%

0.0486%

Total (A+B+C)

Number of voting rights

Percentage of voting rights

51,163,296

10.03%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Legal & General Group Plc (Direct and Indirect) (Group) ( 51,163,296 - 10.03%= Total Position) Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect)  ( 51,163,296 - 10.03%= Total Position) Legal & General Investment Management Limited (Indirect) (LGIM) ( 51,163,296 - 10.03%= Total Position) Legal & General Group Plc (Direct) (L&G) ( 37,110,277 - 7.27%=LGAS, LGPL & PMC) Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD) ( 16,274,424 - 3.19%= PMC)  Legal & General Insurance Holdings Limited (Direct) (LGIH) ( 20,785,323 - 4.07%= LGAS & LGPL)  Legal & General Assurance (Pensions Management) Limited  (PMC) ( 16,274,424 - 3.19%= PMC)  Legal & General Assurance Society Limited  (LGAS & LGPL) ( 20,785,323 - 4.07%= LGAS & LGPL)  Legal & General Pensions Limited (Direct)  (LGPL)
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:	This disclosure was received late as it was originally sent to an incorrect email address
14. Contact name:	Barbara Lees
15. Contact telephone number:	08450 130 130

 

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