26th Jun 2009 15:48
Financial Services Authority
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
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1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
Kesa Electricals Plc |
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2. Reason for the notification (please tick the appropriate box or boxes): |
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An acquisition or disposal of voting rights |
Yes |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached. |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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An event changing the breakdown of voting rights |
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Other (please specify): |
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3. Full name of person(s) subject to the notification obligation: |
Legal & General Group Plc (L&G) |
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4. Full name of shareholder(s) (if different from 3.): |
Legal & General Assurance (Pensions Management) Limited (PMC) |
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5. Date of the transaction and date on which the threshold is crossed or reached: |
23 June 2009 |
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6. Date on which issuer notified: |
24 June 2009 |
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7. Threshold(s) that is/are crossed or reached: |
From 4% - 3% (L&G) |
8. Notified details: |
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A: Voting rights attached to shares |
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Class/type of shares if possible using the ISIN CODE |
Situation previous to the triggering transaction |
Resulting situation after the triggering transaction |
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Number of Shares |
Number of Voting Rights |
Number of shares |
Number of voting rights |
% of voting rights |
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Direct |
Indirect |
Direct |
Indirect |
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ORD GBP 0.25 |
21,519,561 |
21,519,561 |
20,800,632 |
20,800,632 |
3.92 |
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B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial instrument |
Expiration date |
Exercise/ Conversion Period |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial instrument |
Exercise price |
Expiration date |
Exercise/ Conversion period |
Number of voting rights instrument refers to |
% of voting rights |
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Nominal |
Delta |
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Total (A+B+C) |
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Number of voting rights |
Percentage of voting rights |
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20,800,632 |
3.92 |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
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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) (20,800,632 -3.92 % = LGAS, LGPL & PMC) Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD) (19,101,765 - 3.60% = PMC) Legal & General Insurance Holdings Limited (Direct) (LGIH) Legal & General Assurance (Pensions Management) Limited (PMC) (19,101,765 - 3.60% = PMC) Legal & General Assurance Society Limited (LGAS & LGPL) Legal & General Pensions Limited (Direct) (LGPL) |
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Proxy Voting: |
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10. Name of the proxy holder: |
N/A |
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11. Number of voting rights proxy holder will cease to hold: |
N/A |
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12. Date on which proxy holder will cease to hold voting rights: |
N/A |
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13. Additional information: |
Notification using the total voting rights figure of 529,553,216 |
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14. Contact name: |
Simon Enoch |
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15. Contact telephone number: |
020 7269 1400 |
Related Shares:
DRTY.LLegal & General