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Holding(s) in Company

29th Oct 2009 16:53

RNS Number : 6299B
Barclays PLC
29 October 2009
 



TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii

BARCLAYS PLC

2 Reason for the notification (please tick the appropriate box or boxes):

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

Yes

An event changing the breakdown of voting rights

No

Other (please specify):

No

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

Qatar Investment Authority

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

Qatar Holding LLC

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

28 October 2009

6. Date on which issuer notified:

29 October 2009

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

14%

  

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of shares

if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

Ordinary shares of 25 pence each

813,964,552

813,964,552

813,964,552

813,964,552

N/A

7.13%

N/A

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

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

% of voting rights

N/A

N/A

N/A

N/A

N/A

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 instrument refers to

% of voting rights xix, xx

Warrants

197.775p

31 October 2013

27 November 2008 - 31 October 2013

379,218,809

Nominal

Delta

3.32%

N/A

Total (A+B+C)

Number of voting rights

Percentage of voting rights

1,193,183,361

10.46%

  

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

Qatar Holding LLC is a wholly owned subsidiary of Qatar Investment Authority ("QIA")

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:

On 20 October 2009 Qatar Holding LLC ("QHL"announced its intention to sell 379,218,809 ordinary shares in Barclays PLC by way of an accelerated bookbuild to be satisfied by ordinary shares issued by Barclays PLC pursuant to an exercise of Warrants held by QHL in Barclays PLC. QHL exercised such Warrants on 22 October 2009. Following such exercise, the ordinary shares in Barclays PLC resulting from such exercise, were: 

 

(a) issued; and

 

(b) correspondingly transferred to broad range of institutional investors,

on 28 October 2009.

As a result of the above transactions: (a) the aggregate percentage of voting rights in Barclays PLC referenced by QHL's Warrants 

fell on 28 October 2009 from 6.88% to 

3.32%(b) the aggregate percentage of voting rights in Barclays PLC referenced by QHL's ordinary shares fell on 28 October 2009 from 7.38% to 7.13%; and (c) the aggregate percentage of voting rights in Barclays PLC referenced by QHL's ordinary shares and Warrants in Barclays PLC, fell on 28 October 2009 from 14.26% to 10.46%.

As required under the DTRs, this notification has been prepared using the total voting rights figure of 11,410,146,205 as set out in the public announcement made by Barclays PLC dated 29 October 2009. Consequently the quoted percentages of voting rights detailed in this notice have been calculated without the further Barclays PLC ordinary shares to be issued when all the Warrants issued by Barclays PLC of the kind referred to in this notification are exercised. This results in percentage figures which are artificially high. On a fully diluted basis assuming that all Warrants are exercised the resulting percentage interest would be 9.51%.

14. Contact name:

Mr. Ahmad Al-Sayed

Qatar Holding LLC

Qatar Financial Centre, 8th Floor, Q-Tel Tower, West BayDohaQatar

15. Contact telephone number:

Tel: +974.499.5900

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