9th Mar 2009 17:16
TR-1: Notifications of Major Interests in Shares
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
SVG Capital 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: ( X )
Other (please specify) ( )
3. Full name of person(s) subject to notification obligation:
Legal & General Group Plc (Group)
Legal & General Investment Management Limited (LGIM)
4. Full name of shareholder(s) (if different from 3) :
Legal & General Assurance (Pensions Management) Limited (PMC)
Legal & General Group Plc (L&G)
5. Date of transaction (and date on which the threshold is crossed or reached if different):
5 March 2009
6. Date on which issuer notified:
6 March 2009
7. Threshold(s) that is/are crossed or reached:
Below 5% (Group)
Below 5% (LGIM)
8. Notified Details:
A: Voting rights attached to shares
|
Class/type of shares if possible use ISIN CODE |
Situation previous to the triggering transaction |
|
|
|
Number of shares |
Number of voting rights |
|
Ordinary Shares GB0007892358 |
7,326,737 (LGIM) |
7,326,737 (LGIM) |
Resulting situation after the triggering transaction
|
Class/type of shares if possible use ISIN CODE |
Number of shares |
Number of voting rights |
% of voting rights |
||
|
|
|
Direct |
Indirect |
Direct |
Indirect |
|
Below 5% |
|
||||
B: Financial Instruments
Resulting situation after the triggering transaction
|
Type of financial instrument |
Expiration date |
Exercise/conversion period/date |
No. of voting rights that may be acquired (if the instrument exercised/ converted) |
% of voting rights |
|
N/A |
Total (A+B)
|
Number of voting rights |
% of voting rights |
|
Below 5% |
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) (Below 5% = Total Position) |
|
Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) (Below 5% = Total Position) |
|
Legal &General Investment Management Limited (Indirect) (LGIM) (Below 5% = Total Position) |
|
Legal & General Group Plc (Direct) (L&G) (8,455,726 - 4.04% = LGAS, LGPL & PMC) (Note: Below 3% of the actual issued share capital post rights issue - see additional information) |
|
Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD) (7,970,063 - 3.81% = PMC) |
|
Legal & General Insurance Holdings Limited (Direct) (LGIH) (Note: Below 3% of the actual issued share capital post rights issue - see additional information) |
|
Legal & General Assurance (Pensions Management) Limited (PMC) (7,970,063 - 3.81% = PMC) |
|
Legal & General Assurance Society Limited (LGAS & LGPL) (Note: Below 3% of the actual issued share capital post rights issue - see additional information) |
|
Legal & General Pensions Limited (Direct) LGPL) |
10. Additional information:
Notification using the total voting rights figure of 209,069,901.
(Note: As required by DTR 5.8.8, the percentage voting rights figure of 4.04% (L&G) and 3.81% (PMC) used in this announcement were calculated using the number of voting rights in existence at 27 February 2009, being the date of SVG Capital plc's most recent disclosure made in accordance with DTR 5.6.1 (209,069,901 ordinary shares). As a result of SVG Capital plc's rights issue (in which Legal and General participated as a sub-underwriter), which was first announced on 18 December 2008 and completed on 2 March 2009, the actual number of issued voting ordinary shares in the capital of SVG Capital plc as at the date of this announcement is 310,407,923, in relation to which Legal and General holds below 3% of the voting rights at L&G and PMC level.
11. Contact name:
John Spedding
12. Contact telephone number:
0207 658 3206
13. Additional Information:
9 March 2009
Related Shares:
Legal & General