24th Feb 2012 16:25
Financial Services Authority
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES | ||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached:
| eServGlobal Limited | |||
2. Reason for the notification (please tick the appropriate box or boxes): | ||||
An acquisition or disposal of voting rights | Yes | |||
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached.
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
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An event changing the breakdown of voting rights | ||||
Other (please specify):
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3. Full name of person(s) subject to thenotification obligation: | Legal & General Group Plc (Group)
Legal & General Investment Management Limited (LGIM)
Legal & General Group Plc (L&G) | |||
4. Full name of shareholder(s) (if different from 3.): |
Legal & General Assurance Society Limited (LGAS & LGPL)
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5. Date of the transaction and date onwhich the threshold is crossed orreached: | 23 February 2012 | |||
6. Date on which issuer notified: | 24 February 2012 | |||
7. Threshold(s) that is/are crossed orreached:
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Group (Above 15%) LGIM (Above 15%) L&G (Move from 3% to 6%)
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8. Notified details:
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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 | Indirect | Direct | Indirect | |||||||||||
NPV |
23,675,900 (As on 05/08/2010) (LGIM)
| 32,215,061 |
11,889,844 |
18,147,589 |
6.04% |
9.22% | ||||||||
7,467,433 (As on 05/08/2010) (L&G)
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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 | ||||||||||
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
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% of voting rights
| |||||||||
CFD | N/A | N/A | N/A | 2,177,628 | Nominal | Delta | ||||||||
1.11% | 1.11% | |||||||||||||
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Total (A+B+C) | ||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||
32,215,061 (LGIM)
| 16.37% | |||||||||||||
11,889,844 (L&G) | 6.04% | |||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: | ||||||||||||||||||||||||||
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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 | |||||||||||||||||||||||||
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13. Additional information: | Notification using the total voting rights figure of 196,847,706 | |||||||||||||||||||||||||
14. Contact name: | Paul Toon (LGIM) | |||||||||||||||||||||||||
15. Contact telephone number: | 020 3124 3854 | |||||||||||||||||||||||||
Related Shares:
Legal & GeneralWameja Di