RNS Number : 1693Z
Phoenix Group Holdings
04 March 2013
 



 

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:

Phoenix Group Holdings

 

2 Reason for the notification (please tick the appropriate box or boxes):

 

An acquisition or disposal of voting rights

X

 

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:

 

Lloyds Banking Group plc

4. Full name of shareholder(s) (if different from 3.):

 

See Section 9

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

 

28 February 2013

6. Date on which issuer notified:

 

1 March 2013

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

 

Direct / Indirect holdings decreased to below 2%

 

 

 

 

 

 

 

 

 

 

 

 

 

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

Direct

Indirect

Direct

Indirect

Eur 0.0001

8,143,599

8,143,599



1,469,877


0.654%

KYG7091M1096

 

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

Warrants over Ordinary Shares

03/09/2014

02/09/2009 - 03/09/2014

1,296,672

0.577%

Contingent Rights over Ordinary Shares (Event Shares)

22/06/2013

05/07/2010 - 22/06/2013

218,474

0.097%

 

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

 






Nominal

Delta

 



 

Total (A+B+C)

 

Number of voting rights

Percentage of voting rights

2,985,023

1.329%

 

 

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

 

Equities

 

Material holdings of equities held by subsidiaries of Lloyds Banking Group plc are listed below:

1,466,194 shares (0.653%) are under the control of Scottish Widows Investment Partnership Ltd, a wholly owned subsidiary of Scottish Widows Investment Partnership Group Ltd, a wholly owned subsidiary of Scottish Widows Group Ltd, a wholly owned subsidiary of Lloyds TSB Bank plc, a wholly owned subsidiary of Lloyds Banking Group plc (Indirect Interests).
 

Warrants

 

1,261,510 warrants (0.577%) are under the control of Ranelagh Nominees Limited, a wholly owned subsidiary of Lloyds TSB Bank plc, a wholly owned subsidiary of Lloyds Banking Group plc (Direct Interests).  The number of shares relating to these warrants on exercise would be increased by the ratio of 1.027873.

 

Event Shares

 

119,884 shares (0.053%) are under the control of Bank of Scotland plc, a wholly owned subsidiary of HBOS plc, a wholly owned subsidiary of Lloyds TSB Bank plc, a wholly owned subsidiary of Lloyds Banking Group plc (Direct Interests).

 

98,590 shares (0.044%) are under the control of Lloyds TSB Bank plc, a wholly owned subsidiary of Lloyds Banking Group plc (Direct Interests).

 

 

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:

 

Notification using the total voting rights figure of 224,587,148

14. Contact name:

 

Andrew Kellett

15. Contact telephone number:

 

0113 235 7729

 


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