Satellite Solutions Wldwide Grp PLC Holding(s) in Company (4566G)
06 August 2016 - 1:43AM
UK Regulatory
TIDMSAT TIDMLGEN
RNS Number : 4566G
Satellite Solutions Wldwide Grp PLC
05 August 2016
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
-----------------------------------------------
1. Identity of the issuer or the underlying Satellite Solutions Worldwide Group
issuer Plc
of existing shares to which voting rights
are
attached:
---------------------------------------------------------------------- ------------------------------------------------
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.
-------------------------------------------------------------------------- --------------------------------------------
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 Legal & General Group Plc (L&G)
to the
notification obligation:
-------------------------------------------------------------------- --------------------------------------------------
4. Full name of shareholder(s)
(if different from 3.): Legal & General Assurance Society Limited
(LGAS & LGPL)
-------------------------------------------------------------------- --------------------------------------------------
25 July 2016
5. Date of the transaction and date
on
which the threshold is crossed
or
reached:
-------------------------------------------------------------------- --------------------------------------------------
6. Date on which issuer notified: 05 August 2016
-------------------------------------------------------------------- --------------------------------------------------
7. Threshold(s) that is/are crossed L&G (Above 3%)
or
reached:
-------------------------------------------------------------------- --------------------------------------------------
8. Notified details:
---------------------------------------------------------------------------------------------------------------------------------
A: Voting rights attached to shares
---------------------------------------------------------------------------------------------------------------------------------
Class/type Situation previous Resulting situation after the triggering
of to the triggering transaction
shares transaction
if possible
using
the ISIN
CODE
------------ ------------------------------------------------ -----------------------------------------------------------------
Number Number Number of voting % of voting
of of rights rights
Shares Voting
Rights
------------ ---------------- ------------------------------ --------------------------- --------------------
Number Direct Indirect Direct Indirect
of shares
------------ ------------ ------------ ------------ -------------- -------------- ----------- --------- ---------
First notification
under DTR Source
GBP 0.01 Book) 25,000,000 25,000,000 - 4.66% -
------------ ------------------------------------------------ -------------- -------------- ----------- --------- ---------
B: Qualifying Financial Instruments
---------------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
---------------------------------------------------------------------------------------------------------------------------------
Number of voting
Type of Expiration Exercise/ rights that may % of voting
financial date Conversion Period be rights
instrument acquired if the
instrument is
exercised/ converted.
---------------- ---------------- -------------------------------------------- --------------------------- ------------------
C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments
---------------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
---------------------------------------------------------------------------------------------------------------------------------
Type of Exercise Expiration Exercise/ Number of voting % of voting rights
financial price date Conversion rights instrument
instrument period refers to
-------------- ---------------- -------------- -------------- ------------------------------ -------------------------------
Nominal Delta
-------------- ---------------- -------------- -------------- ------------------------------ -------------------- ---------
Total (A+B+C)
---------------------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
---------------------------------------------------------------- ---------------------------------------------------------------
25,000,000 4.66%
---------------------------------------------------------------- ---------------------------------------------------------------
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) (
Below 5% = Total Position)
Legal & General Investment Management (Holdings) Limited
(LGIMH) (Direct and Indirect) ( Below
5% = Total Position)
Legal & General Investment Management Limited (Indirect)
(LGIM) ( Below 5% = Total Position)
Legal & General Group Plc (Direct) (L&G) ( 25,000,000 - 4.66%=LGAS, LGPL & PMC)
Legal & General Investment Legal & General Insurance Holdings Limited
Management (Holdings) Limited (Direct) (LGIH) ( 25,000,000 -4.66%= LGAS & LGPL)
(Direct) (LGIMHD)
Legal & General Assurance Legal & General Assurance Society Limited (LGAS &
(Pensions Management) Limited LGPL) ( 25,000,000 -4.66%= LGAS & LGPL)
(PMC)
Legal & General Pensions Limited (Direct) (LGPL)
Proxy Voting:
--------------------------------------------------------------------------------------------------------------------
10. Name of the proxy holder: N/A
------------------------------------------------------------------------------ ------------------------------------
11. Number of voting rights proxy holder will N/A
cease
to hold:
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12. Date on which proxy holder will cease to N/A
hold
voting rights:
------------------------------------------------------------------------------ ------------------------------------
Notification using the total voting
13. Additional information: rights figure of 536,175,719
------------------------------------------------------------------------------ ------------------------------------
14. Contact name: Amy Williams (LGIM)
------------------------------------------------------------------------------ ------------------------------------
15. Contact telephone number: 029 2035 4097
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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