26th Jan 2012 11:57
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: |
Next 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 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 | X | |
Other (please specify): |
| |
3. Full name of person(s) subject to the notification obligation:
|
FMR LLC |
4. Full name of shareholder(s) (if different from 3.):
| FMR LLC is the parent holding company of Fidelity Management & Research Company (FMRCO), Investment manager for US mutual funds, FIL Management Trust Company (FMTC), Pyramis Global Advisors Trust Company (PGATC), a US state chartered bank which acts as a trustee or investment manager of various pension and trust accounts Pyramis Global Advisors LLC (PGALLC) and Pyramis Trust Company (PTC).
Brown Brothers Harriman and Co - 16,650,000 (FMR) Brown Brothers Harriman and Co - 165,500 (FMRCO) Brown Brothers Harriman and Co - 4,800 (PTC) CIBC Mellon Trust - 3,600 (FCL) JP Morgan Chase Bank - 3,420,400 (FMRCO) JP Morgan Chase Bank - 2,700 (FMTC) JP Morgan Chase Bank - 108,300 (FMR) JP Morgan Chase Bank - 60,900 (PTC) Mellon Bank N.A. - 11,500 (FMRCO) Mellon Bank N.A. - 5,100 (FMTC) Northern Trust Co - 12,500 (FMRCO) Northern Trust Co - 14,200 (FMTC) State Street Bank and TR Co - 26,600 (FICL) State Street Bank and TR Co - 565,100 (FMR) State Street Bank and TR Co - 494,200 (FMRCO) State Street Bank and TR Co - 258,700 (FMTC) State Street Bank and TR Co - 57,300 (PTC) CIBC MELLON TRUST (C) - 21,100 (FCL) Royal Trust-Toronto - 22,000 (FCL) Mellon Bank NA (C) - 17,900 (PTC) National Bank Trust (C) - 8,500 (FCL) Royal Trust-Toronto (C) - 4,400 (FCL) US Bank NA (C) - 6,700 (PTC) Royal Bank of Canada © - 4,100 (PTC) |
5. Date of the transaction and date on which the threshold is crossed or reached:
| 24 January 2012 |
6. Date on which issuer notified:
| 25 January 2012 |
7. Threshold(s) that is/are crossed or reached:
| 13% |
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 | |||
Indirect | Direct | Indirect | Direct | Indirect | |||
GB0032089863 | 21,946,100 | 21,946,100 | 21,946,100 | 21,946,100 | 13.00% | ||
B: Qualifying Financial Instruments | ||||
Resulting situation after the triggering transaction
| ||||
Type of financialinstrument | Expirationdate | Exercise/ConversionPeriod | 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 | Exerciseprice | Expirationdate | Exercise/Conversionperiod | Number of votingrights instrumentrefers to | % of voting rights
| |
Nominal | Delta
| |||||
Total (A+B+C)
| |
Number of voting rights | Percentage of voting rights |
21,946,100 | 13.00% |
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: |
FMR LLC is the parent holding company of Fidelity Management & Research Company (FMRCO), Investment manager for US mutual funds, FIL Management Trust Company (FMTC), Pyramis Global Advisors Trust Company (PGATC), a US state chartered bank which acts as a trustee or investment manager of various pension and trust accounts Pyramis Global Advisors LLC (PGALLC) and Pyramis Trust Company (PTC).
Brown Brothers Harriman and Co - 16,650,000 (FMR) Brown Brothers Harriman and Co - 165,500 (FMRCO) Brown Brothers Harriman and Co - 4,800 (PTC) CIBC Mellon Trust - 3,600 (FCL) JP Morgan Chase Bank - 3,420,400 (FMRCO) JP Morgan Chase Bank - 2,700 (FMTC) JP Morgan Chase Bank - 108,300 (FMR) JP Morgan Chase Bank - 60,900 (PTC) Mellon Bank N.A. - 11,500 (FMRCO) Mellon Bank N.A. - 5,100 (FMTC) Northern Trust Co - 12,500 (FMRCO) Northern Trust Co - 14,200 (FMTC) State Street Bank and TR Co - 26,600 (FICL) State Street Bank and TR Co - 565,100 (FMR) State Street Bank and TR Co - 494,200 (FMRCO) State Street Bank and TR Co - 258,700 (FMTC) State Street Bank and TR Co - 57,300 (PTC) CIBC MELLON TRUST (C) - 21,100 (FCL) Royal Trust-Toronto - 22,000 (FCL) Mellon Bank NA (C) - 17,900 (PTC) National Bank Trust (C) - 8,500 (FCL) Royal Trust-Toronto (C) - 4,400 (FCL) US Bank NA (C) - 6,700 (PTC) Royal Bank of Canada © - 4,100 (PTC) |
Proxy Voting:
| |
10. Name of the proxy holder:
| FMR LLC |
11. Number of voting rights proxy holder will acquire:
| None |
12. Date on which proxy holder will acquire voting rights:
| None |
13. Additional information:
| Decrease of voting rights to 168,764,788 |
14. Contact name:
| Philip Alexander |
15. Contact telephone number:
| 01737 834624 |
Related Shares:
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