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Holding(s) in Company

16th Jun 2010 09:50

RNS Number : 7003N
Brightside Group PLC
16 June 2010
 



Brightside Group plc

 

("Brightside" or the "Company")

 

 

 

16 June 2010

 

 

Holding in Company

 

 

The Company has received the following notification of a major interest in its shares.

 

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):

 

Brightside Group plc

 

2. Reason for the notification (please state Yes/No):

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: No

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments: No

An event changing the breakdown of voting rights: Yes

Other (please specify): No

 

3. Full name of person(s) subject to the notification obligation (iii):

 

Legal & General Group Plc (Group)

 

Legal & General Investment Management Limited (LGIM)

 

4. Full name of shareholder(s) (if different from 3.) (iv):

 

N/A

5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):

 

9 June 2010

 

6. Date on which issuer notified:

 

10 June 2010

 

7. Threshold(s) that is/are crossed or reached:

 

Group (Above 5%)

 

LGIM (Above 5%)

 

8. Notified details:

 

A: Voting rights attached to shares

 

Situation previous to the Triggering transaction

 

Class/type of shares if possible using the ISIN CODE

Number of shares

Number of voting Rights (viii)

Ordinary Shares

Ordinary 1p

Below 5%

(As of First notification under DTR Source Book)

Below 5%

(As of First

notification under

 DTR Source Book)

 

 

Resulting situation after the triggering transaction

 

Class/type of shares if possible using the ISIN CODE

Number of shares

Number of voting rights (ix)

% of voting rightsx

Direct (xi)

Indirect (xii)

Direct

Indirect

Ordinary Shares

Ordinary 1p

26,000,000

8,000,000

18,000,000

1.758%

3.957%

 

 

B: Qualifying Financial Instruments

 

Resulting situation after the triggering transaction (xii)

Type of financial instrument

Expiration Date (xiii)

Exercise/Conversion Period/Date (xiv)

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments (xv), (xvi)

 

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration Date (xvii)

Exercise/Conversion Period (xviii)

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

Nominal

Delta

 

Total (A+B+C)

Number of voting rights

% of voting rights

26,000,000

5.71%

 

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):

 

Legal & General Group Plc (Direct and Indirect) (Group) (26,000,000 - 5.71% = Total Position)

 

Legal & General Investment Management ( Holdings) Limited (LGIMH) (Direct and Indirect) (26,000,000 - 5.71% = Total Position)

Legal & General Investment Management Limited (Indirect) (LGIM) (26,000,000 - 5.71% = Total Position)

 

 

Legal & General Group plc (Direct) (L&G)

 

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:

 

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 454,879,409.

 

14. Contact name:

 

Wayne Powell (LGIM)

 

15. Contact telephone number:

 

020 3124 3851

 

 

 

 

Enquiries

 

Brightside Group plc

Paul Chase-Gardener

+44 (0)1454 63 4194

Evolution Securities Limited

Stuart Andrews

+44 (0)20 7071 4300

Sam Plumptre

Pelham Bell Pottinger

Damian Beeley

+44 (0)20 7861 3139

Winningtons Public Relations

Tom Cooper

+44 (0) 117 985 8989

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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