Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Holding(s) in Company

10th Aug 2009 11:40

RNS Number : 1622X
Parity Group PLC
10 August 2009
 



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:

Parity 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:

6 August 2009

6. Date on which issuer notified:

7 August 2009

7. Threshold(s) that is/are crossed or reached:

Direct decrease to below 5% (Direct/Indirect remains above 5%)

  

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

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of voting rights

Direct

Direct

Indirect

Direct

Indirect

Ord 2p shares

2,196,727

2,196,727

1,900,544

1,900,544

3,840

4.999%

0.010%

GB00B1235860

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/  Conversion  Period

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

N/A

 

 

 

 

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

Number of voting  rights instrument  refers to

% of voting rights

 

 

 

 

 

Nominal

Delta

 

 

Total (A+B+C)

Number of voting rights

Percentage of voting rights

1,904,384

5.009%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

Clerical Medical Investment Group Limited* ('CMIG') - (Direct) - 1,900,531 (4.999%)

Insight Investment Management (Global) Limited* manages holdings on behalf of CMIG and other HBOS subsidiary companies (and other third parties external to the HBOS Group), under various discretionary management agreements.

(* - wholly owned subsidiaries of HBOS 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 38,021,784

14. Contact name:

 Kenny Melville

15. Contact telephone number:

 0131 243 8671

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
HOLFGGMRGGLGLZM

Related Shares:

PTY.LLloyds
FTSE 100 Latest
Value8,809.74
Change53.53