14th Jan 2015 13:06
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi |
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | Ladbrokes plc | ||||
2. Reason for the notification (please tick the appropriate box or boxes): | |||||
An acquisition or disposal of voting rights | x | ||||
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 | |||||
Other (please specify): | |||||
3. Full name of person(s) subject to thenotification obligation: iii | Prudential plc group of companies | ||||
4. Full name of shareholder(s) (if different from 3.):iv | |||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 12 January 2015 | ||||
6. Date on which issuer notified: | 14 January 2015 | ||||
7. Threshold(s) that is/are crossed orreached: vi, vii | Below 5% | ||||
8. Notified details: | |||||||||||||||||
A: Voting rights attached to shares viii, ix | |||||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | |||||||||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | |||||||||||||
Direct xi | Indirect xii | Direct | Indirect | ||||||||||||||
GB00B0ZSH635 | 46,289,894 | 46,289,894 | Below 5% | Below 5% | Below 5% | ||||||||||||
B: Qualifying Financial Instruments | |||||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | |||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | |||||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||||
Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to
| % of voting rights xix, xx
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Nominal | Delta | ||||||||||||||||
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Total (A+B+C) | |||||||||||||||||
Number of voting rights | Percentage of voting rights | ||||||||||||||||
Below 5% | Below 5% | ||||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
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Proxy Voting: | ||
10. Name of the proxy holder: | N/A | |
11. Number of voting rights proxy holder will ceaseto hold: | N/A | |
12. Date on which proxy holder will cease to holdvoting rights: | N/A | |
13. Additional information: | We no longer have a notifiable interest.
This notification states that Prudential plc have fallen below a 5% notification threshold due to Jackson National Asset Management LLC, a wholly owned subsidiary of Prudential plc's positions being aggregated with effect from 2nd June 2014.
Previously Prudential plc were exempted from aggregation requirements (Rule 5.4.4 DTR) which no longer applies following legal advice and this was confirmed to the FCA on 2nd June 2014.
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14. Contact name: | Owen Smith / James Todd M&G Investment Management Limited | |
15. Contact telephone number: | 020 7004 4517 / 020 7548 2979 | |
Related Shares:
Ladbrokes CoralPrudential