23rd May 2008 14:31
TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):
Provident Financial plc
2. Reason for the notification (please place an X inside the appropriate bracket/s):
An acquisition or disposal of voting rights: ( X )
An acquisition or disposal of financial instruments which may result in the acquisition of 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 obligation (iii):
Schroders plc
4. Full name of shareholder(s) (if different from 3.) (iv):
5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):
21 May 2008
6. Date on which issuer notified:
22 May 2008
7. Threshold(s) that is/are crossed or reached:
From 10% to 11%
8. Notified details:
……………..
A: Voting rights attached to shares
|
Class/type of shares if possible using the ISIN CODE |
Situation previous to the Triggering transaction (vi) |
|
|
Ordinary shares of 20 8/11pISIN: GB00B1Z4ST84 |
Number of shares15,366,422 |
Number of voting Rights (viii)14,075,629 |
Resulting situation after the triggering transaction (vii)
|
Class/type of shares if possible using the ISIN CODE |
Number of shares |
Number of voting rights (ix) |
% of voting rights |
||
|
Ordinary shares of 20 8/11p ISIN: GB00B1Z4ST84 |
16,063,671 |
Direct (x)n/a |
Indirect (xi) 14,556,578 |
Directn/a |
Indirect
11.093% |
B: Financial Instruments
Resulting situation after the triggering transaction (xii)
|
Type of financial instrument |
Expiration Date (xiii) |
Exercise/Conversion Period/ Date (xiv) |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
Total (A+B)
|
Number of voting rights14,556,578 |
% of voting rights11.093% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
|
Schroder Investment Management Limited |
14,479,458 |
11.033% |
|
Schroder & Co Limited |
77,120 |
0.06% |
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:
The shares referred to in section 9 are held in portfolios managed by those firms on a discretionary basis for clients under investment management agreements.
14. Contact name:
E G Versluys
Deputy Company Secretary
15. Contact telephone number:
01274 731111 ext. 2569
Related Shares:
PFG.LSchroders