17th Jan 2012 16:45
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
| 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: | RSA Insurance Group 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 the notification obligation: | Lloyds Banking Group plc | ||
| 4. Full name of shareholder(s) (if different from 3.): | See Section 9. | ||
| 5. Date of the transaction and date on which the threshold is crossed or reached: | 16 January 2012 | ||
| 6. Date on which issuer notified: | 17 January 2012 | ||
| 7. Threshold(s) that is/are crossed or reached: | Indirect holdings decreased below 7% |
| 8. Notified details: | ||||||||||||||||||||||
| A: Voting rights attached to shares | ||||||||||||||||||||||
| 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 | ||||||||||||||||||
| Direct | Direct | Indirect | Direct | Indirect | ||||||||||||||||||
| Ord 27.5p Shares | 246,760,305 | 246,760,305 | 244,657,556 | 6.929% | ||||||||||||||||||
| GB0006616899 | ||||||||||||||||||||||
| B: Qualifying Financial Instruments | |||||||||
| Resulting situation after the triggering transaction | |||||||||
| Type of financialinstrument | Expirationdate | Exercise/ Conversion Period | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | |||||
| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | |||||||||||||
| Resulting situation after the triggering transaction | |||||||||||||
| Type of financialinstrument | Exercise price | Expiration date | Exercise/Conversion period | Number of voting rights instrument refers to | % of voting rights | ||||||||
| Nominal | Delta | ||||||||||||
| Total (A+B+C) | |||
| Number of voting rights | Percentage of voting rights | ||
| 244,657,556 | 6.929% | ||
| 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: |
| 241,604,972 shares (6.842%) are under the control of Scottish Widows Investment Partnership Ltd, a wholly owned subsidiary of Scottish Widows Investment Partnership Group Ltd, a wholly owned subsidiary of Scottish Widows Group Ltd, a wholly owned subsidiary of Lloyds TSB Bank plc, a wholly owned subsidiary of Lloyds Banking Group plc. |
| 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 3,531,021,230. | ||
| 14. Contact name: | John Mills | ||
| 15. Contact telephone number: | 020 7111 7000 |
Copyright Business Wire 2012
Related Shares:
RSA.L