14th Feb 2007 16:23
TR-1 (i) NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):
Friends Provident plc
2. Reason for the notification State Yes/No An acquisition or disposal of voting rights Yes An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached An event changing the breakdown of voting rights Other (please specify):
3. Full name of person(s) subject to the notification AXA S.A., 25 Avenue obligation (iii):
Matignon, 75008 Paris and its group of companies 4. Full name of shareholder(s) (if different from 3.) (iv): 5. Date of the transaction (and date on which the 12/02/2007 threshold is crossed or reached if different) (v): 6. Date on which issuer notified: 13/02/2007 7. Threshold(s) that is/are crossed or reached: 16% 8. Notified details:
A: Voting rights attached to shares
Class/type of Situation previous to Resulting situation after the triggering
shares the Triggering transaction (vii) if possible transaction (vi) using the ISIN CODE Number Number Number Number of voting % of voting of of of rights (ix) rights Shares Voting shares Rights (viii) Direct Direct Indirect Direct Indirect (x) (xi) Ord 350,780,235 350,780,235 16,035,432 16,035,432 319,440,766 0.76% 15.09% GB0030559776
B: Financial Instruments
Resulting situation after the triggering transaction (xii)
Type of Expiration Exercise/ Number of voting % of financial date (xiii) Conversion rights that may be voting instrument Period/ Date (xiv) acquired if the rights instrument is exercised/ converted Convertible 11/12/2007 Until 5/12/2007 1,200,000 0.06% Total (A+B) Number of voting rights % of voting rights 336,676,198 15.91%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
Ordinary shares
Name of the Company / Fund
Number of Shares, % of issued share capital
Particulars of Beneficial owners
Registered as
AXA UK Investment Co ICVC Extra Income Fund (Indirect)
224,025 shares, 0.01%
Trustees of AXA UK Investment Co ICVC Extra Income Fund
HSBC Global Custody Nominee (UK) Limited, Mariner House, Pepys Street, London EC3N 4DA, a/c 845030
AXA UK Investment Co ICVC Distribution Fund (Indirect)
350,000 shares, 0.02%
Trustees of AXA UK Investment Co ICVC Distribution Fund
HSBC Global Custody Nominee (UK) Limited, Mariner House, Pepys Street, London EC3N 4DA, a/c 845029
AXA UK Investment Co ICVC Ethical Fund (Indirect)
350,000 shares, 0.02%
Trustees of AXA UK Investment Co ICVC Ethical Fund
HSBC Global Custody Nominee (UK) Limited, Mariner House, Pepys Street, London EC3N 4DA, a/c 845042
AXA UK Investment Co ICVC UK Equity Income Fund (Indirect)
7,951,626 shares, 0.38%
Trustees of AXA UK Investment Co ICVC UK Equity Income Fund
HSBC Global Custody Nominee (UK) Limited, Mariner House, Pepys Street, London EC3N 4DA, a/c 845017
AXA UK Investment Co ICVC UK Growth Fund (Indirect)
500,000 shares, 0.02%
Trustees of AXA UK Investment Co ICVC UK Growth Fund
HSBC Global Custody Nominee (UK) Limited, Mariner House, Pepys Street, London EC3N 4DA, a/c 845005
AXA UK Investment Co ICVC UK Global Distribution Fund (Indirect)
172,000 shares, 0.01%
Trustees of AXA UK Investment Co ICVC Global Distribution Fund
Chase Nominees Ltd a/c 17336
AXA UK Investment Co ICVC Global Growth Fund (Indirect)
430,000 shares, 0.02%
Trustees of AXA UK Investment Co ICVC Global Growth Fund
Chase Nominees Ltd a/c 17260
Sun Life Pensions Management Ltd (Direct)
300,000 shares, 0.01%
Sun Life Pensions Management Ltd
HSBC Global Custody Nominee (UK) Limited, Mariner House, Pepys Street, London EC3N 4DA, a/c ?
Sun Life Pensions Management Ltd (Direct)
140,781shares, 0.01%
Sun Life Pensions Management Ltd
HSBC Global Custody Nominee (UK) Limited, Mariner House, Pepys Street, London EC3N 4DA, a/c 867815
Sun Life Pensions Management Ltd A/c X (Direct)
720,000 shares, 0.03%
Sun Life Pensions Management Ltd
HSBC Global Custody Nominee (UK) Limited, Mariner House, Pepys Street, London EC3N 4DA, a/c 867530
Sun Life Unit Assurance Ltd A/c X (Direct)
1,250,000 shares, 0.06%
Sun Life Unit Assurance Ltd
HSBC Global Custody Nominee (UK) Limited, Mariner House, Pepys Street, London EC3N 4DA, a/c 867116
Sun Life Unit Assurance Ltd A/c X (Direct)
100,000 shares, 0.00%
Sun Life Unit Assurance Ltd
HSBC Global Custody Nominee (UK) Limited, Mariner House, Pepys Street, London EC3N 4DA, a/c 867220
Sun Life Unit Assurance Ltd A/c X (Direct)
1,250,000 shares, 0.06%
Sun Life Unit Assurance Ltd
HSBC Global Custody Nominee (UK) Limited, Mariner House, Pepys Street, London EC3N 4DA, a/c 867268
Sun Life Pensions Management Ltd (Direct)
204,250 shares, 0.01%
Sun Life Pensions Management Ltd
Smith & Williamson Nominees Ltd, 1 Riding House Street, London W1A 3AS, a/c S66
Sun Life Pensions Management Ltd (Direct)
58,191 shares, 0.00%
Sun Life Pensions Management Ltd
BNY (OCS) Nominees Limited, Management Ltd, ONE CANADA SQUARE, LONDON, E14 5AL
Sun Life International (IOM) Ltd (Direct)
752,000 shares, 0.04%
Sun Life International (IOM) Ltd
Sun Life International, Isle of Man Limited a/c a/c SLI 11
AXA France (Indirect)
3,345,576 shares, 0.16%
(Registration details available upon request)
AXA Colonia Konzern (Direct)6,060,000 shares, 0.29%
(Registration details available upon request)
AXA Colonia Konzern (Indirect)
171,000 shares, 0.01%
(Registration details available upon request)
AXA General Unit Trust (Indirect)
1,660,000 shares, 0.08%
HSBC Global Custody Nominee (UK) Limited as Trustees of the Trust
HSBC Global Custody Nominee (UK) Limited, Mariner House, Pepys Street, London EC3N 4DA, a/c
880868AXA Australia (Indirect)458,865 shares, 0.02%
National Mutual Life Association of Australia
(Registration details available upon request)
AXA UK Group Pension Scheme Equity Fund (Indirect)
73,000 shares, 0.00%
AXA UK Group Pension Scheme Equity Fund
Chase Nominees Ltd, a/c 00994, Trinity Tower, 9 St Thomas Moore Street, London EC1
AXA Ireland Pension Fund (Indirect)
21,000 shares, 0.00%AXA Ireland Pension FundChase Nominees Ltd, a/c 21652AXA Financial, Inc (Indirect)247,847,475 shares, 11.71%Bernstein AXA Rosenberg (Indirect)55,819,899 shares, 2.64%AXA Rosenberg AXA Rosenberg (Direct)499,553 shares, 0.02% AXA Rosenberg
AXA Financial, Inc * (Indirect)
66,300 shares, 0.00%
Alliance Capital Management LP - See note below
Sun Life Unit Assurance Ltd LTAV UK Equity (Direct)
458,882 shares, 0.02%
Sun Life Unit Assurance Ltd FTSE All Share Tracker (Direct)
382,246 shares, 0.02%
Sun Life Pensions Management LTAV UK Equity (Direct)
2,062,605 shares, 0.10%
Sun Life Pensions Management FTSE All Share Tracker (Direct)
1,796,924 shares, 0.08%
Total Beneficial Interest 16,035,432 0.76%
Total Non-Beneficial Interest 319,440,766 15.09%
Total 335,476,198 15.85%5.25% 11/12/2007 ConvName of the Company / Fund
Number of Shares, % of issued share capital
AXA Framlington Managed Income (Indirect)
700,000 shares, 0.03%
AXA Framlington Monthly Income (Indirect)
500,000 shares, 0.02%
Total Beneficial Interest 0 0.00%
Total Non-Beneficial Interest 1,200,000 0.06%
Total 1,200,000 0.06%
* AXA FINANCIAL INCLUDES HOLDINGS FOR ALLIANCE CAPITAL MANAGEMENT LP
Alliance Capital Management LP ("Alliance Capital") is an investment advisor registered under the Investment Advisors Act of 1940. Alliance Capital provides investment advisory services to corporate employee benefit plans subject to the Employee Retirement Income Security Act of 1974 ("ERISA"), public employee retirement systems, investment companies and separate accounts registered under the Investment Company Act of 1940, foundations, endowment funds, tax-exempt organizations, and other institutional investors and individuals. Alliance Capital manages investment assets on behalf of its clients which confers upon it, among other things, the right to vote on behalf of its clients. Under the federal securities laws, the right to vote or make investment decisions with respect to a security (even if such right is constrained by fiduciary duties and does not carry with it any pecuniary interest in the securities) is enough to confer beneficial ownership on the security on a person. Any shares deemed beneficially owned by Alliance Capital were acquired solely for investment purposes in the ordinary course and not for the purpose or intent of influencing control over the issuer.
Proxy Voting:
10. Name of the proxy holder: 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights: 13. Additional information: 14. Contact name: Gordon Ellis 15. Contact telephone number: 01306 654802
Notes
i. This form is to be sent to the issuer or underlying issuer and to be filed with the competent authority.
ii. Either the full name of the legal entity or another method for identifying the issuer or underlying issuer, provided it is reliable and accurate.
iii. This should be the full name of (a) the shareholder; (b) the person acquiring, disposing of or exercising voting rights in the cases provided for in DTR5.2.1 (b) to (h); (c) all the parties to the agreement referred to in DTR5.2.1 (a), or (d) the direct or indirect holder of financial instruments entitled to acquire shares already issued to which voting rights are attached, as appropriate.
In relation to the transactions referred to in points DTR5.2.1 (b) to (h), the following list is provided as indication of the persons who should be mentioned:
- in the circumstances foreseen in DTR5.2.1 (b), the person that acquires the voting rights and is entitled to exercise them under the agreement and the natural person or legal entity who is transferring temporarily for consideration the voting rights;
- in the circumstances foreseen in DTR 5.2.1 (c), the person holding the collateral, provided the person or entity controls the voting rights and declares its intention of exercising them, and person lodging the collateral under these conditions;
- in the circumstances foreseen in DTR5.2.1(d), the person who has a life interest in shares if that person is entitled to exercise the voting rights attached to the shares and the person who is disposing of the voting rights when the life interest is created;
- in the circumstances foreseen in DTR5.2.1 (e), the parent undertaking and, provided it has a notification duty at an individual level under DTR 5.1, under DTR5.2.1 (a) to (d) or under a combination of any of those situations, the controlled undertaking;
- in the circumstances foreseen in DTR5.2.1 (f), the deposit taker of the shares, if he can exercise the voting rights attached to the shares deposited with him at his discretion, and the depositor of the shares allowing the deposit taker to exercise the voting rights at his discretion;
- in the circumstances foreseen in DTR5.2.1 (g), the person that controls the voting rights;
- in the circumstances foreseen in DTR5.2.1 (h), the proxy holder, if he can exercise the voting rights at his discretion, and the shareholder who has given his proxy to the proxy holder allowing the latter to exercise the voting rights at his discretion.
iv. Applicable in the cases provided for in DTR 5.2.1 (b) to (h). This should be the full name of the shareholder or holder of financial instruments who is the counterparty to the natural person or legal entity referred to in DTR5.2.
v. The date of the transaction should normally be, in the case of an on exchange transaction, the date on which the matching of orders occurs; in the case of an off exchange transaction, date of the entering into an agreement.
The date on which threshold is crossed should normally be the date on which the acquisition, disposal or possibility to exercise voting rights takes effect (see DTR 5.1.1R (3)). For passive crossings, the date when the corporate event took effect. [DEL::DEL]
These dates will usually be the same unless the transaction is subject to a condition beyond the control of the parties.
vi. Please refer to the situation disclosed in the previous notification, In case the situation previous to the triggering transaction was below 3%, please state `below 3%'.
vii. If the holding has fallen below the minimum threshold , the notifying party should not be obliged to disclose the extent of the holding, only that the new holding is less than 3%.
For the case provided for in DTR5.2.1(a), there should be no disclosure of individual holdings per party to the agreement unless a party individually crosses or reaches an Article 9 threshold. This applies upon entering into, introducing changes to or terminating an agreement.
viii. Direct and indirect
ix In case of combined holdings of shares with voting rights attached `direct holding' and voting rights `indirect holdings', please split the voting rights number and percentage into the direct and indirect columns-if there is no combined holdings, please leave the relevant box blank.
x Voting rights attached to shares in respect of which the notifying party is a direct shareholder (DTR 5.1)
xi. Voting rights held by the notifying party as an indirect shareholder (DTR 5.2.1)
xii If the holding has fallen below the minimum threshold, the notifying party should not be obliged to disclose the extent of the holding, only that the new holding is below 3%.
xiii date of maturity / expiration of the finical instrument i.e. the date when the right to acquire shares ends.
xiv If the financial instrument has such a period-please specify the period- for example once every three months starting from the [date]
xv. The notification should include the name(s) of the controlled undertakings through which the voting rights are held. The notification should also include the amount of voting rights and the percentage held by each controlled undertaking, insofar as individually the controlled undertaking holds 3% or more, and insofar as the notification by the parent undertaking is intended to cover the notification obligations of the controlled undertaking.
xvi. This annex is only to be filed with the competent authority.
xvii. Whenever another person makes the notification on behalf of the shareholder or the natural person/legal entity referred to in DTR5.2 and DTR5.3.
FRIENDS PROVIDENT PLCRelated Shares:
Fondul Proprietatea