9th Jul 2009 14:01
Punch Taverns plc (the "Company")9 July 2009
TR-1 NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
Punch Taverns plc
2. Reason for the notification (please tick the appropriate box or boxes)
|
An acquisition or disposal of voting rights: |
|
|
An acquisition or disposal of 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: [Change to Shares in Issue following Placing and Open Offer] |
X |
|
Other (please specify): |
3. Full name of person(s) subject to the notification obligation:
Legal & General Group Plc (L&G)
4. Full name of shareholder(s) (if different from 3):
Legal & General Assurance (Pensions Management) Limited (PMC)
5. Date of the transaction (and date on which the threshold if crossed or reached if different):
7 July 2009
6. Date on which issuer notified:
8 July 2009
7. Threshold(s) that is/are crossed or reached:
From 3% - 4% (L&G)
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 |
|
|
Number of shares |
Number of voting rights |
|
|
GB0031552861 |
10,507,858 |
10,507,858 |
|
Resulting situation after the triggering transaction |
||||
|
Number of shares |
Number of voting rights |
% of voting rights |
||
|
Direct |
Direct |
Indirect |
Direct |
Indirect |
|
27,973,617 |
27,973,617 |
4.36% |
||
B: Qualifying Financial Instruments
|
Resulting situation after the triggering transaction |
||||
|
Type of financial instrument |
Expiration date |
Exercise/Conversion/Period Date |
Number of voting rights that may be acquired if the instrument is exercised/ converted |
% of voting rights |
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
|
Resulting situation after the triggering transaction |
||||||
|
Type of financial instrument |
Exercise price |
Expiration date |
Exercise/Conversion/Period Date |
Number of voting rights that may be acquired if the instrument is exercised/ converted |
% of voting rights |
|
|
Nominal |
Delta |
|||||
Total (A+B+C)
|
Number of voting rights |
% of voting rights |
|
27,973,617 |
4.36% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
|
Legal & General Group Plc (Direct and Indirect) (Group) |
|
|
Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) |
|
|
Legal & General Investment Management Limited (Indirect) (LGIM) |
|
|
Legal & General Group Plc (Direct) (L&G) (27,973,617 - 4.36% = LGAS, LGPL & PMC) |
|
|
Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD) (25,648,758 - 3.99% = PMC) |
Legal & General Insurance Holdings Limited (Direct) (LGIH) |
|
Legal & General Assurance (Pensions Management) Limited (PMC) (25,648,758 - 3.99% = PMC) |
Legal & General Assurance Society Limited (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:
14. Contact name:
Claire Stewart, Assistant Company Secretary
15. Contact telephone number:
(01283) 501 858
Related Shares:
Punch Taverns PLCLegal & General