20th Mar 2007 17:20
ICAP PLC20 March 2007 TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to whichvoting rights are attached: ICAP PLC 2. Reason for the notification (please place an X inside the appropriate bracket/s): An acquisition or disposal of voting rights: ( ) An acquisition or disposal of financial instruments which may result in theacquisition of shares already issued to which voting rights are attached: ( ) An event changing the breakdown of voting rights: ( ) Other (please specify) : (X) DTR TRANSITIONAL PROVISION 7 3. Full name of person(s) subject to the notification obligation: MICHAEL ALAN SPENCER IPGL LIMITED 4. Full name of shareholder(s) (if different from 3.) : INCAP FINANCE B.V (130,769,560 SHARES) HALIFAX EES TRUSTEES INTERNATIONAL LTD., AS TRUSTEE OF THE ICAP EMPLOYEE SHARETRUST (3,570,424 SHARES) MICHAEL ALAN SPENCER (996,800 SHARES) GILTSPUR NOMINEES LIMITED (50,000 SHARES) 5. Date of the transaction (and date on which the threshold is crossed orreached if different): N/A 6. Date on which issuer notified: 20 MARCH 2007 7. Threshold(s) that is/are crossed or reached: 20% 8. Notified details: ................. A: Voting rights attached to shares Class/type of shares if possible Situation previous to the Triggering transactionusing the ISIN CODE Number of shares Number of voting Rights ORDINARY 131,816,360 135,386,784 Resulting situation after the triggering transaction Class/type of shares if Number of shares Number of voting rights % of voting rightspossible using the ISIN CODE Direct Direct Indirect Direct Indirect ORDINARY 996,800 996,800 134,389,984 0.15% 20.78% B: Financial Instruments Resulting situation after the triggering transaction Type of Expiration Date Exercise/Conversion Number of voting rights % of voting rightsfinancial Period/ Date that may be acquired if theinstrument instrument is exercised/ converted. N/A Total (A+B)Number of voting rights % of voting rights 135,386,784 20.93% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable : INCAP FINANCE BV HOLDS 130,769,560 ORDINARY SHARES. THE ULTIMATE HOLDING COMPANYOF INCAP FINANCE BV IS IPGL LIMITED. THE INTERVENING HOLDING COMPANIES, EACH OFWHICH ARE WHOLLY-OWNED SUBSIDIARIES OF IPGL LIMITED, ARE: INCAP NETHERLANDSHOLDINGS B.V. AND INTERCAPITAL BROKERAGE SERVICES LIMITED. MICHAEL SPENCER IS ASUBSTANTIAL SHAREHOLDER IN AND CHAIRMAN OF THE BOARD OF DIRECTORS OF IPGLLIMITED. TOGETHER HE, HIS WIFE AND THE TRUSTEES OF TRUSTS FOR THE BENEFIT OFHIS CHILDREN HOLD A MAJORITY OF THE ISSUED SHARES IN IPGL LIMITED. IPGL LIMITEDIS NOT INTERESTED IN THE REMAINING 4,617,224 ORDINARY SHARES REFERRED TO ABOVE,FURTHER DETAILS OF WHICH ARE PROVIDED IN SECTION 13 BELOW. Proxy Voting: 10. Name of the proxy holder: N/A 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: IN ADDITION TO AN INDIRECT INTEREST, VIA IPGL LIMITED, IN SHARES HELD BY INCAP: (a) MR SPENCER HOLDS 996,800 ORDINARY SHARES DIRECTLY; (b) 50,000 ORDINARY SHARES ARE HELD BY GILTSPUR NOMINEES FOR THE ACCOUNT OF THETRUSTEES OF A TRUST FOR MR SPENCER'S CHILDREN; AND (c) MR SPENCER IS ENTITLED TO DIRECT THE EXERCISE OF VOTING RIGHTS ATTACHED TO3,570,424 ORDINARY SHARES HELD BY HALIFAX EES TRUSTEES INTERNATIONAL LTD., THETRUSTEE OF THE ICAP EMPLOYEE SHARE TRUST. THESE SHARES ARE THE SUBJECT OF BASICAWARDS TO MR SPENCER UNDER ICAP'S BONUS SHARE MATCHING PLAN (BSMP), AND OFMATCHING AWARDS UNDER THE BSMP IN RESPECT OF WHICH THERE ARE NO UNSATISFIEDPERFORMANCE OR CONTINUITY OF EMPLOYMENT CRITERIA. 14. Contact name: DEBORAH ABREHART GROUP COMPANY SECRETARY ICAP PLC 15. Contact telephone number: 020 7000 5000 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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