8th Mar 2012 16:54
Veritas Limited
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES | ||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: | Schroders plc | |||
2 Reason for the notification (please tick the appropriate box or boxes): | ||||
An acquisition or disposal of voting rights | No | |||
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | No | |||
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | No | |||
An event changing the breakdown of voting rights | No | |||
Other (please specify): | This notification relates to a reorganisation of certain settlements made by members of the Schroder Family, with Veritas Limited retiring as the trustee of certain settlements that hold beneficial interests in Schroders plc shares. This reorganisation has not involved any acquisition or disposal of shares in Schroders plc by those settlements.
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3. Full name of person(s) subject to thenotification obligation: | Veritas Limited | |||
4. Full name of shareholder(s) (if different from 3.): | Fervida (Bermuda) Limited | |||
5. Date of the transaction and date onwhich the threshold is crossed orreached: | 8 March 2012 | |||
6. Date on which issuer notified: | 8 March 2012 | |||
7. Threshold(s) that is/are crossed orreached: | 17% to 16% | |||
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 | |||||||||||
Direct | Direct | Indirect | Direct | Indirect | |||||||||||
Ordinary ISIN: | 39,218,470 | 39,218,470 | 36,795,041 | - | 36,795,041 | - | 16.28 | ||||||||
GB0002405495 | |||||||||||||||
B: Qualifying Financial Instruments | |||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||
Type of financialinstrument | Expirationdate | Exercise/Conversion Period | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | |||||||||||
N/A | |||||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | |||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||
Type of financialinstrument | Exercise price | Expiration date | Exercise/Conversion period | Number of voting rights instrument refers to
| % of voting rights
| ||||||||||
N/A | Nominal | Delta | |||||||||||||
Total (A+B+C) | |||||||||||||||
Number of voting rights | Percentage of voting rights | ||||||||||||||
36,795,041 | 16.28 | ||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: | ||
See Appendix 1 | ||
Proxy Voting: | ||
10. Name of the proxy holder: | N/A | |
11. Number of voting rights proxy holder will ceaseto hold: | N/A | |
12. Date on which proxy holder will cease to holdvoting rights: | N/A | |
13. Additional information: | Percentage figures are based on a total number of voting rights of 226,022,400 | |
14. Contact name: | Graham Staples | |
15. Contact telephone number: | 020 7658 6742 | |
Veritas Limited
Appendix 1
(Chain of controlled undertakings through which the voting rights instruments are effectively held)
The 36,795,041 shares are registered in the name of a nominee company incorporated in Bermuda, Fervida (Bermuda) Limited. The beneficial interests in respect of 31,500,543 shares are held by the following investment holding companies (the entire issued share capital of which is in each case held by Veritas Limited) as follows:
Name of wholly owned subsidiary | Number of shares in respect of which the beneficial interest is held (and the percentage of voting rights they represent) |
Tio (Bda) Ltd | 878,508 (0.39%) |
Hexagon (Bda) Ltd | 882,027 (0.39%) |
Procida (Bda) Ltd | 872,244 (0.39%) |
Burnt Oak (Bda) Ltd | 818,829 (0.36%) |
M 58 (Bda) Ltd | 1,112,490 (0.49%) |
H 58 B (Bda) Ltd | 149,310 (0.07%) |
B 80 A (Bda) Ltd | 469,017 (0.21%) |
Stowe (Bda) Ltd | 885,702 (0.39%) |
Hillingdon (Bda) Ltd | 829,089 (0.37%) |
Greenford (Bda) Ltd | 818,905 (0.36%) |
H 58 A (Bda) Ltd | 1,266,507 (0.56%) |
B 80 B (Bda) Ltd | 464,310 (0.21%) |
Somana (Bda) Ltd | 887,211 (0.39%) |
Gold Hawk (Bda) Ltd | 817,402 (0.36%) |
Friar (Bda) Ltd | 821,875 (0.36%) |
H 58 C (Bda) Ltd | 656,577 (0.29%) |
C 83 C (Bda) Ltd | 2,413,566 (1.07%) |
Width (Bda) Ltd | 882,729 (0.39%) |
Breadth (Bda) Ltd | 473,445 (0.21%) |
Felix (Bda) Ltd | 822,438 (0.36%) |
Chateauneuf (Bda) Ltd | 818,829 (0.36%) |
H 58 D (Bda) Ltd | 249,147 (0.11%) |
C 83 D (Bda) Ltd | 2,412,504 (1.07%) |
Brabazon Limited | 9,078,873 (4.02%)* |
B Eighty D Ltd | 429,553 (0.19%) |
B Eighty F Ltd | 431,109 (0.19%) |
B Eighty E Ltd | 428,770 (0.19%) |
B Eighty C Ltd | 429,577 (0.19%) |
Total | 31,500,543 (13.94%) |
* Brabazon Limited (formerly Anima Ltd) holds the beneficial interest in respect of shares that represent more than 3% of the voting rights. Under LR 5.8.6, Brabazon Limited is not required to make a separate DTR 5 notification as the notification is being made by Veritas Limited, its parent undertaking.
Related Shares:
Schroders