3rd Sep 2010 11:08
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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
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1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
Development Securities 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 |
Yes |
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Other (please specify): |
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3. Full name of person(s) subject to the notification obligation:
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Legal & General Group Plc (Group)
Legal & General Investment Management Limited (LGIM)
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4. Full name of shareholder(s) (if different from 3.):
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Legal & General Assurance (Pensions Management) Limited (PMC)
Legal & General Group Plc (L&G)
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5. Date of the transaction and date on which the threshold is crossed or reached:
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31 August 2010 |
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6. Date on which issuer notified:
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02 September 2010 |
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7. Threshold(s) that is/are crossed or reached:
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Group (Below 5%)
LGIM (Below 5%) |
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8. Notified details:
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A: Voting rights attached to shares
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Class/type of
shares
if possible using
the ISIN CODE
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Situation previous
to the triggering
transaction
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Resulting situation after the triggering transaction
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Number
of
Shares
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Number
of
Voting
Rights
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Number
of shares
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Number of voting
rights
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% of voting rights
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Direct
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Direct
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Indirect
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Direct
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Indirect
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Ordinary 50p
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4,790,243
(As on 01/12/2009)
(Before the rights issue settled)
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BELOW 5%
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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 instrument |
Expiration date |
Exercise/ Conversion Period |
Number of voting rights that may be acquired if the instrument is exercised/ converted.
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% of voting rights |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments |
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Resulting situation after the triggering transaction
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Type of financial instrument |
Exercise price |
Expiration date |
Exercise/ Conversion period |
Number of voting rights instrument refers to |
% of voting rights
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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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BELOW 5% |
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9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
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Proxy Voting:
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10. Name of the proxy holder:
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N/A |
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11. Number of voting rights proxy holder will cease to hold:
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N/A |
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12. Date on which proxy holder will cease to hold voting rights:
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N/A |
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13. Additional information:
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Notification using the total voting rights figure of 122,352,504 (RNS figure confirmed updated on 31 August 2010)
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14. Contact name:
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Paul Toon (LGIM) |
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15. Contact telephone number:
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020 3124 3854 |
Related Shares:
UAI.LLegal & General