Holding(s) in Company (4640C)
March 07 2011 - 9:40AM
UK Regulatory
TIDMASD TIDMLGEN
RNS Number : 4640C
Axis-Shield PLC
07 March 2011
Financial Services Authority
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
-----------------------------------------------
------------------------------------------------------------------------------
1. Identity of the issuer or the Axis Shield PLC
underlying issuer of existing shares to
which voting rights are attached:
----------------------------------------- -----------------------------------
2. Reason for the notification (please tick the appropriate box or boxes):
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An acquisition or disposal of voting rights Yes
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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
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Other (please
specify):
-------------- ---------------------------------------------------- --------
3. Full name of person(s) subject Legal & General Group Plc (L&G)
to the
notification obligation:
---------------------------------- ------------------------------------------
4. Full name of shareholder(s) Legal & General Assurance (Pensions
(if different from 3.): Management) Limited (PMC) Legal & General
Assurance Society Limited (LGAS & LGPL)
---------------------------------- ------------------------------------------
5. Date of the transaction and 03 March 2011
date on which the threshold is
crossed or reached:
---------------------------------- ------------------------------------------
6. Date on which issuer notified: 04 March 2011
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7. Threshold(s) that is/are L&G (From 6% to 7%)
crossed or reached:
---------------------------------- ------------------------------------------
8. Notified details:
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A: Voting rights attached to shares
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Class/type
of shares
if
possible Situation previous
using the to the triggering Resulting situation after the triggering
ISIN CODE transaction transaction
----------- ------------------------------------- --------------------------------------------------------------------
Number
Number of
of Voting Number Number of voting % of voting
Shares Rights of shares rights rights
----------- -------------- --------------------- ------------- ---------------------------- -----------------------
Direct Indirect Direct Indirect
----------- ---- ---- ------ ----- --- -------- --- ------------ -------------- --------- ------------
Ordinary 3,033,796
35p (As on 16/02/2011) 3,793,236 3,793,236 7.58%
----------- ------------------------------------- ------------- ------------ -------------- --------- ------------
B: Qualifying Financial Instruments
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Resulting situation after the triggering transaction
------------------------------------------------------------------------------------------------------------------------
Number of voting
rights that may
be
acquired if the
Type of financial Expiration Exercise/ instrument is % of voting
instrument date Conversion Period exercised/ converted. rights
--------------------- --------------- ------------------------------ --------------------------- -------------------
C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments
------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
------------------------------------------------------------------------------------------------------------------------
Type of Exercise/ Number of voting
financial Exercise Expiration Conversion rights instrument
instrument price date period refers to % of voting rights
--------------- ------------- ------------- ------------- ----------------------------- ---------------------------
Nominal Delta
--------------- ------------- ------------- ------------- ----------------------------- ------------- ------------
Total (A+B+C)
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Number of voting rights Percentage of voting rights
------------------------------------------------------------ ----------------------------------------------------------
3,793,236 7.58%
------------------------------------------------------------ ----------------------------------------------------------
9. Chain of controlled undertakings through which the voting rights and/or
the
financial instruments are effectively held, if applicable:
-------------------------------------------------------------------------------
Legal & General Group Plc (Direct and Indirect)
(Group) ( 4,753,629 -9.50%= Total Position)
Legal & General Investment Management (Holdings)
Limited (LGIMH) (Direct and Indirect) ( 4,753,629
-9.50%= Total Position)
Legal & General Investment Management Limited
(Indirect) (LGIM) ( 4,753,629 -9.50%= Total
Position)
Legal & General Group Plc (Direct) (L&G) ( 3,793,236
- 7.58%=LGAS, LGPL & PMC)
Legal & General Investment Legal & General Insurance Holdings
Management (Holdings) Limited Limited (Direct) (LGIH) ( 2,227,012
(Direct) (LGIMHD) ( 1,566,224 -4.45%= LGAS & LGPL)
-3.13%= PMC)
Legal & General Assurance Legal & General Assurance Society
(Pensions Management) Limited Limited (LGAS & LGPL) ( 2,227,012
(PMC) ( 1,566,224 -3.13%= PMC) -4.45%= LGAS & LGPL)
Legal & General Pensions Limited
(Direct) (LGPL)
Proxy Voting:
-------------------------------------------------------------------------------
10. Name of the proxy holder: N/A
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11. Number of voting rights proxy holder will
cease
to hold: N/A
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12. Date on which proxy holder will cease to
hold
voting rights: N/A
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Notification using the total voting
13. Additional information: rights figure of 49,996,208
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14. Contact name: Paul Toon (LGIM)
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15. Contact telephone number: 020 3124 3854
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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