17th May 2007 11:00
Shanks Group PLC17 May 2007 TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing Shanks Group Plcshares to which voting rights are attached: 2. Reason for notification (yes/no) An acquisition or disposal of voting rights Yes An acquisition or disposal of financial instruments which may result in the acquisitionof shares already issued to which voting rights are attached An event changing the breakdown of voting rights Other (please specify):______________ 3. Full name of person(s) subject to the notification Legal & General Group Plc (L&G)obligation: 4. Full name of shareholder(s) (if different from 3.): Legal & General Assurance (Pensions Management) Limited (PMC) Legal & General Assurance Society Limited (LGAS & LGPL)5. Date of the transaction (and date on which the threshold is 15/05/07crossed or reached if different): 6. Date on which issuer notified: 16/05/07 7. Threshold(s) that is/are crossed or reached: From 9% -10% (L&G) 8. Notified details: A: Voting rights attached to sharesClass/type of Situation previous to Resulting situation after the triggering transactionshares the Triggering transaction if possible Number of Number of Number of Number of voting rights % of voting rightsusing the ISIN Shares Voting sharesCODE Rights Direct Direct Indirect Direct IndirectOrd 10p 21,565,297 21,565,297 23,552,216 23,552,216 10.02 B: Financial InstrumentsResulting situation after the triggering transactionType of financial Expiration date Exercise/ Conversion Number of voting rights % of votinginstrument Period/ Date that may be acquired if rights the instrument is exercised/ converted. Total (A+B)Number of voting rights % of voting rights 23,552,216 10.02 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectivelyheld, if applicable: Legal & General Group Plc (Direct and Indirect) (Group) (30,166,202 -12.84% = Total Position) Legal & General Investment Management (Holdings) Limited (LGIMH) (Directand Indirect) (30,166,202 - 12.84% = Total Position) Legal & General Investment Management Limited (Indirect) (LGIM) (30,166,202- 12.84% = Total Position) Legal & General Group Plc (Direct) (L&G) (23,552,216 - 10.02% = LGAS, LGPL & PMC) Legal & General Investment Management (Holdings) Limited Legal & General Insurance Holdings Limited (Direct)(Direct) (LGIMHD) (8,599,701 - 3.66 % = PMC) (LGIH) (14,952,515 - 6.36% = LGAS & LGPL) Legal & General Assurance (Pensions Management) Limited (PMC) Legal & General Assurance Society Limited (LGAS & LGPL)(8,599,701 - 3.66 % = PMC) (14,952,515 - 6.36% = 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 234,930,581 14. Contact name: Helen Lewis (LGIM) 15. Contact telephone number: 020 7528 6742 Annex Notification Of Major Interests In Shares xvi A: Identity of the person or legal entity subject to the notification obligation Full name (including legal form for legal entities) Contact address (registered office for legal entities) Phone number Other useful information (at least legal representativefor legal persons) B: Identity of the notifier, if applicable xvii Full name Carolyn Gibson Contact address Shanks Group plc Phone number 01628 554920 Other useful information (e.g. functional relationshipwith the person or legal entity subject to thenotification obligation) C: Additional information (1) This form is to be sent to the issuer or underlying issuer andto be filed with the competent authority. (1) Either the full name of the legal entity or another method foridentifying the issuer or underlying issuer, provided it is reliable andaccurate. (1) This should be the full name of (a) the shareholder; (b) theperson acquiring, disposing of or exercising voting rights in the cases providedfor in DTR5.2.1 (b) to (h); (c) all the parties to the agreement referred to inDTR5.2.1 (a), or (d) the direct or indirect holder of financial instrumentsentitled to acquire shares already issued to which voting rights are attached,as appropriate. In relation to the transactions referred to in points DTR5.2.1 (b) to (h), thefollowing list is provided as indication of the persons who should be mentioned: - in the circumstances foreseen in DTR5.2.1 (b), the person thatacquires the voting rights and is entitled to exercise them under the agreementand the natural person or legal entity who is transferring temporarily forconsideration the voting rights; - in the circumstances foreseen in DTR 5.2.1 (c), the personholding the collateral, provided the person or entity controls the voting rightsand declares its intention of exercising them, and person lodging the collateralunder these conditions; - in the circumstances foreseen in DTR5.2.1(d), the person who hasa life interest in shares if that person is entitled to exercise the votingrights attached to the shares and the person who is disposing of the votingrights when the life interest is created; - in the circumstances foreseen in DTR5.2.1 (e), the parentundertaking and, provided it has a notification duty at an individual levelunder DTR 5.1, under DTR5.2.1 (a) to (d) or under a combination of any of thosesituations, the controlled undertaking; - in the circumstances foreseen in DTR5.2.1 (f), the deposit takerof the shares, if he can exercise the voting rights attached to the sharesdeposited with him at his discretion, and the depositor of the shares allowingthe deposit taker to exercise the voting rights at his discretion; - in the circumstances foreseen in DTR5.2.1 (g), the person thatcontrols the voting rights; - in the circumstances foreseen in DTR5.2.1 (h), the proxy holder,if he can exercise the voting rights at his discretion, and the shareholder whohas given his proxy to the proxy holder allowing the latter to exercise thevoting rights at his discretion. (1) Applicable in the cases provided for in DTR 5.2.1 (b) to (h).This should be the full name of the shareholder or holder of financialinstruments who is the counterparty to the natural person or legal entityreferred to in DTR5.2. (1) The date of the transaction should normally be, in the case ofan on exchange transaction, the date on which the matching of orders occurs; inthe case of an off exchange transaction, date of the entering into an agreement. The date on which threshold is crossed should normally be the date on which theacquisition, disposal or possibility to exercise voting rights takes effect (seeDTR 5.1.1R (3)). For passive crossings, the date when the corporate event tookeffect. These dates will usually be the same unless the transaction is subject to acondition beyond the control of the parties. (1) Please refer to the situation disclosed in the previousnotification, In case the situation previous to the triggering transaction wasbelow 3%, please state 'below 3%'. vii If the holding has fallen below the minimum threshold , the notifying partyshould not be obliged to disclose the extent of the holding, only that the newholding is less than 3%. For the case provided for in DTR5.2.1(a), there should be no disclosure ofindividual holdings per party to the agreement unless a party individuallycrosses or reaches an Article 9 threshold. This applies upon entering into,introducing changes to or terminating an agreement. viii Direct and indirect Notes This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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