29th Oct 2009 16:53
|
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 Bay, Doha, Qatar |
|
15. Contact telephone number: |
Tel: +974.499.5900 |
Related Shares:
Barclays