16th Mar 2009 10:00
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):
BPP Holdings 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) : ( ) Disclosure of holdings following the acquisition, by Lloyds Banking Group plc, of HBOS plc. This notification supersedes any notifications previously issued by Lloyds TSB Group plc and/or HBOS plc.
3. Full name of person(s) subject to the notification obligation (iii):
Lloyds Banking Group plc
4. Full name of shareholder(s) (if different from 3.) (iv):
See section 9 below.
5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):
12 March 2009
6. Date on which issuer notified:
13 March 2009
7. Threshold(s) that is/are crossed or reached:
Decrease to below 6% Direct/ Indirect
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 10p |
Number of shares |
Number of voting Rights (viii) |
|
GB0000698414 |
3,144,286 |
3,144,286 |
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 |
||
|
|
Direct |
Direct (x) |
Indirect (xi) |
Direct |
Indirect |
|
GB0000698414 |
186,764 |
186,764 |
2,400,551 |
0.38% |
4.90% |
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 |
|
N/A |
Total (A+B)
|
Number of voting rights |
% of voting rights |
|
2,587,315 |
5.29% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
799,003 Shares (1.63%) are held by State Street Nominees Ltd. Shares are under the control of Scottish Widows Investment Partnership 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 (Indirect Interests).
1,783,835 shares (3.64%) are under the control of Insight Investment Management (Global) Limited, a wholly owned subsidiary of Insight Investment Management Limited, a wholly owned subsidiary of HBOS Insurance & Investment Group Limited, a wholly owned subsidiary of HBOS plc, a wholly owned subsidiary of Lloyds Banking Group plc (Indirect Interests).
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:
Notification using the total voting rights figure of 48,952,695
14. Contact name:
Michael Daykin, Company Secretary, BPP Holdings Plc
15. Contact telephone number:
0208 740 2222
Related Shares:
Lloyds