17th May 2012 10:48
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: |
The TEG 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 (L&G) |
4. Full name of shareholder(s) (if different from 3.):
|
Legal & General Assurance Society Limited (LGAS & LGPL) |
5. Date of the transaction and date on which the threshold is crossed or reached:
|
15 May 2012 |
6. Date on which issuer notified:
|
16 May 2012 |
7. Threshold(s) that is/are crossed or reached:
|
L&G (From 4% to 3%) |
8. Notified details: | |||||||
A: Voting rights attached to shares
| |||||||
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 | |||
Direct | Direct | Indirect | Direct | Indirect | |||
ORD GBP0.05 | 5,200,000 (As at 11/7/2011)
| 4,650,000 | 4,650,000 | 3.95% | |||
B: Qualifying Financial Instruments | ||||
Resulting situation after the triggering transaction
| ||||
Type of financialinstrument | Expirationdate | Exercise/ConversionPeriod | Number of votingrights that may beacquired if theinstrument isexercised/ converted.
| % of votingrights |
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | ||||||
Resulting situation after the triggering transaction
| ||||||
Type of financialinstrument | Exerciseprice | Expirationdate | Exercise/Conversionperiod | Number of votingrights instrumentrefers to | % of voting rights
| |
Nominal | Delta
| |||||
Total (A+B+C)
| |
Number of voting rights | Percentage of voting rights |
4,650,000 | 3.95% |
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: | |
Legal & General Group Plc (Direct and Indirect) (Group)
Legal & General Investment Management (Holdings) limited (LGIMH) (Direct and Indirect)
Legal & General Investment Management Limited (Indirect) (LGIM)
Legal & General Group Plc (Direct) (L&G) (4,650,000 - 3.95% = LGAS, LGPL & PMC)
| |
Legal & General Investment Management (Holdings) Limited (Direct) (LGIMIID)
Legal & General Assurance (Pensions Management) Limited (PMC) | Legal & General Insurance Holdings Limited (Direct) (LGIH) (4,381,731 - 3.73% = LGAS & LGPL)
Legal & General Assurance Society Limited (LGAS & LGPL) (4,381,731 - 3.73% = 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:
|
Notification using the total voting rights figure of 117,439,360 |
14. Contact name:
|
Paul Toon (LGIM) |
15. Contact telephone number:
|
020 3124 3854 |
Related Shares:
Legal & GeneralTEG.L