31st Mar 2009 10:34
TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
Low & Bonar PLC
2. Reason for the notification (please place an X inside the appropriate bracket/s):
An acquisition or disposal of voting rights: ( X )
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): ( )
Movement in direct holdings only
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.) :
5. Date of the transaction (and date on which the threshold is crossed or reached if different):
27 March 2009
6. Date on which issuer notified:
30 March 2009
7. Threshold(s) that is/are crossed or reached
Above 3% (L&G)
8. Notified details:
A: Voting rights attached to shares
|
Class/type of shares if possible using the ISIN CODE |
Situation previous to the Triggering transaction |
|
|
|
Number of shares |
Number of voting Rights |
|
ORD GBP 0.05 |
Below 3% |
Below 3% |
Resulting situation after the triggering transaction
|
Class/type of shares if possible using the ISIN CODE |
Number of shares |
Number of voting rights |
% of voting rights |
||
|
|
Direct |
Direct |
Indirect |
Direct |
Indirect |
|
ORD GBP 0.05 |
8,934,981 |
8,934,981 |
3.11 |
||
B: Financial Instruments
Resulting situation after the triggering transaction
|
Type of financial instrument |
Expiration Date |
Exercise/Conversion Period/ Date |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
Total (A+B)
|
Number of voting rights |
% of voting rights |
|
8,934,981 |
3.11 |
9. Chain of controlled undertakings through which the voting rights and/or the financial 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) (8,934,981 - 3.11% = LGAS, LGPL & PMC) |
||
|
Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD) |
Legal & General Insurance Holdings Limited (Direct) (LGIH) |
|
|
Legal & General Assurance (Pensions Management) Limited (PMC) |
Legal & General Assurance Society Limited (LGAS & LGPL) |
|
|
Legal & General Pensions Limited (Direct) (LGPL) |
||
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:
Notification using the total voting rights figure of 287,060,711
14. Contact name:
Matthew Joy, Company Secretary, Low & Bonar plc
15. Contact telephone number:
0207 535 3180
Related Shares:
LWB.LLegal & General