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Holding(s) in Company

19th Feb 2010 13:01

RNS Number : 4157H
Barclays PLC
19 February 2010
 



 

For filings with the FSA include the annex

For filings with issuer exclude the annex

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

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

ü

Other (please specify):

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

Mr. Abdul Aziz Al Ketbi ("Mr. Al Ketbi")

 

Nexus Capital Investing Ltd. ("NCIL")

 

PCP Gulf Invest 3 Limited ("PCP3")

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

PCP Gulf Invest 3 Limited ("PCP3")

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

17 February 2010

6. Date on which issuer notified:

19 February 2010

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

No change

 

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

Nil

Nil

626,835,443

 

(in the case of PCP3)

626,835,443

 

(in the case of PCP3)

626,835,443

 

(in the case of Mr. Al Ketbi and NCIL)

5.49%

 

(in the case of PCP3)

5.49%

 

(in the case of Mr. Al Ketbi and NCIL)

ISIN GB0031348658

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

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

131,602,175

Nominal

Delta

1.15%

1.15%

Total (A+B+C)

Number of voting rights

Percentage of voting rights

758,437,618

6.65%

 

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

The warrants and ordinary shares are legally owned by PCP3. PCP3 is, in turn, wholly owned by NCIL which is, in turn, wholly owned by Mr. Al Ketbi.

 

The triggering transaction is the exercise, on 17 February 2010, of 626,835,443 warrants held by PCP3 into ordinary shares in Barclays PLC. The exercise has resulted in a notifiable decrease in the percentage level of voting rights held through warrants, and a corresponding notifiable increase in the percentage level of voting rights held through ordinary shares. Such changes, whilst not affecting the overall percentage level of voting rights held by the notifying parties, are notifiable pursuant to DTR 5.7.1R and 5.7.2G.

 

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:

As required under the Disclosure Rules, this notification has been prepared using the total voting rights figure of 11,412,262,573 as set out in the regulatory announcement made by Barclays PLC dated 29 January 2010. Consequently the quoted percentages of voting rights detailed in this notification have been calculated without including the shares issued upon the exercise warrants, nor the further shares to be issued when the warrants included in this notification are exercised. This results in certain percentage figures being artificially high.

14. Contact name:

Mohamed Almulla

15. Contact telephone number:

+971.50.4566.023

 

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

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