4th Feb 2010 17:09
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1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii |
Ladbrokes 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 |
X |
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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: iii |
Legal & General Group Plc (L&G) |
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4. Full name of shareholder(s) (if different from 3.):iv |
Legal & General Assurance (Pensions Management) Limited (PMC)
Legal & General Assurance Society Limited (LGAS & LGPL) |
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5. Date of the transaction and date on which the threshold is crossed or reached: v |
20 January 2010 |
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6. Date on which issuer notified: |
21 January 2010 |
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7. Threshold(s) that is/are crossed or reached: vi, vii |
L&G (From 6% to 7%) |
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8. Notified details: |
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A: Voting rights attached to shares viii, ix |
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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 x |
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Direct xi |
Indirect xii |
Direct |
Indirect |
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56,609,817
(As on 12/01/2010)
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66,547,136 |
66,547,136 |
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7.37% |
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ORD GBP GB00BOZSH635 |
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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 xiii |
Exercise/ Conversion Period xiv |
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 xv, xvi |
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Resulting situation after the triggering transaction |
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Type of financial instrument |
Exercise price |
Expiration date xvii |
Exercise/ Conversion period xviii |
Number of voting rights instrument refers to
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% of voting rights xix, xx
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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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66,547,136 |
7.37% |
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9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi |
Legal & General Group Plc (Direct and Indirect) (Group) (83,175,112 - 9.22% = Total Position)
Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) (83,175,112 - 9.22% = Total Position)
Legal & General Investment Management Limited (Indirect) (LGIM) (83,175,112 - 9.22% = Total Position)
Legal & General Group Plc (Direct) (L&G) (66,547,136 - 7.37% = LGAS, LGPL & PMC)
Legal & General Investment Management (Holdings) Limited Legal & General Insurance Holdings Limited (Direct) (Direct) (LGIMHD) (31,547,488 - 3.49% = PMC) (LGIH) (34,999,648 - 3.88% = LGAS & LGPL)
Legal & General Assurance (Pensions Management) Limited Legal & General Assurance Society Limited (LGAS & (PMC) (31,547,488 - 3.49% = PMC) LGPL) (34,999,648 - 3.88% = 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 |
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:
It has been brought to the company's attention that Legal & General Group Plc made the following 'holding in company' notifications in the period from 26 January 2009 to 12 January 2010.
Due to a procedural error concerning Ladbrokes' e-mail system these notifications were not received by Ladbrokes personnel at the time the notifications were issued. This error has now been corrected and Ladbrokes plc expects all subsequent notifications to be received by its personnel and in accordance with DTR 5.8.12 to be made public. |
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14. Contact name: |
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15. Contact telephone number: |
Related Shares:
Ladbrokes CoralLegal & General