1st Jul 2016 16:18
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES i |
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1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | The Renewables Infrastructure Group Limited | |||
2 Reason for the notification (please tick the appropriate box or boxes): | ||||
An acquisition or disposal of voting rights | ||||
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 | X | |||
Other (please specify): | ||||
3. Full name of person(s) subject to thenotification obligation: iii | Prudential plc group of companies | |||
4. Full name of shareholder(s) (if different from 3.):iv |
Prudential plc The Prudential Assurance Company Limited M&G Group Limited M&G Limited M&G Investment Management Limited
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5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 30 June 2016 | |||
6. Date on which issuer notified: | 01 July 2016 | |||
7. Threshold(s) that is/are crossed orreached: vi, vii | See item 13 | |||
8. Notified details: | ||||||||||||||||
A: Voting rights attached to shares viii, ix | ||||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | ||||||||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | ||||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | ||||||||||||
ORD NPV GG00BBHX2H91 | 82,833,481 | 82,833,481 | 82,833,481 | 0 | 82,833,481 | 0 | 10.80% | |||||||||
B: Qualifying Financial Instruments | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | ||||||||||||
ORD NPV GG00BBHX2H91 (Right of recall) | 3,202,229 | 0.42% | ||||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to
| % of voting rights xix, xx
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| Nominal | Delta | ||||||||||||||
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
86,038,525 | 11.22% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
Prudential plc (parent Company) - 86,038,525 (11.22%) The Prudential Assurance Company Limited (wholly owned subsidiary of Prudential plc) - 84,292,870 (10.99%) M&G Group Limited (wholly owned subsidiary of Prudential plc) - 86,038,525 (11.22%) M&G Limited (wholly owned subsidiary of M&G Group Limited) - - 86,038,525 (11.22%) M&G Investment Management Limited (wholly owned subsidiary of M&G Limited) - 86,038,525 (11.22%)
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Proxy Voting: | ||
10. Name of the proxy holder: | N/A | |
11. Number of voting rights proxy holder will ceaseto hold: | N/A | |
12. Date on which proxy holder will cease to holdvoting rights: | N/A | |
13. Additional information: |
The trigger for this notification is due to the following:
As per 5.1.2, the non-exempt holdings for Prudential plc have moved from 11% to 10%.
The holdings for The Prudential Assurance Company Limited (wholly owned subsidiary of Prudential plc) have moved from 11% to an 10% notifiable interest.
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14. Contact name: | John Baker / Owen Smith / James Todd M&G Investment Management Limited | |
15. Contact telephone number: | 020 7548 2561 / 020 7004 4517 / 020 7548 2293 | |
Related Shares:
PrudentialRenewables Infrastructure Group