Holding(s) in Company

Released : 05.04.2017 16:06

RNS Number : 7071B
Spirent Communications PLC
05 April 2017
 

 

 

 

 

 

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:
ii

Spirent Communications 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

X

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:
iii

Prudential plc group of companies

4. Full name of shareholder(s)
 (if different from 3.):iv

 

Prudential plc

The Prudential Assurance Company Limited

M&G Group Limited

M&G Limited

M&G Investment Management Limited

 

5. Date of the transaction and date on
which the threshold is crossed or
reached:
v

04 April 2017

6. Date on which issuer notified:

05 April 2017

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

See item 13

         
 

 

8. Notified details:

A: Voting rights attached to shares viii, ix

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 x

Direct

Direct xi

Indirect xii

Direct

Indirect

ORD GBP0.03333

GB0004726096

61,099,534

61,099,534

61,705,268

0

61,705,268

0

10.08%

 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date
xiii

Exercise/
Conversion Period
xiv

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

% of voting
rights

ORD GBP0.03333

GB0004726096

(Right of Recall)

 

 

104,349

0.02%

 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date xvii

Exercise/
Conversion period
xviii

Number of voting rights instrument refers to

 

% of voting rights xix, xx

 

 

 

 

 

 

Nominal

Delta

 

 

 

Total (A+B+C)

Number of voting rights

Percentage of voting rights

61,809,617

10.10%

                                 
 

 

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

 

Prudential plc (parent Company) - 61,809,617 (10.10%)

The Prudential Assurance Company Limited (wholly owned subsidiary of Prudential plc) - 50,689,156 (8.28%)

M&G Group Limited (wholly owned subsidiary of Prudential plc) - 61,809,617 (10.10%)

M&G Limited (wholly owned subsidiary of M&G Group Limited) - 61,809,617 (10.10%)

M&G Investment Management Limited (wholly owned subsidiary of M&G Limited) - 61,809,617 (10.10%)

 

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:

 

Prudential plc has moved from 9% to a 10% indirect notifiable interest excluding the right of recall under the Qualifying Financial Instruments.

 

14. Contact name:

Owen Smith / John Baker

M&G Investment Management Limited

15. Contact telephone number:

020 7004 4517 / 020 7548 2561

     

 

C: Additional information

Contact at Issuer: Michelle Balch, Deputy Company Secretary, Spirent Communications plc

Telephone: 01293 767676

 


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