Spirent Communications PLC Holding(s) in Company (6435O)
09 November 2016 - 1:14AM
UK Regulatory
TIDMSPT TIDMPRU
RNS Number : 6435O
Spirent Communications PLC
08 November 2016
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
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1. Identity of the issuer or the underlying Spirent Communications plc
issuer
of existing shares to which voting rights
are
attached: (ii)
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2 Reason for the notification (please tick the appropriate box or boxes):
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An acquisition or disposal of voting rights
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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): 'To reflect both the % of 'Voting rights X
attached to shares' and 'Qualifying Financial Instruments' position
held by Prudential plc group of companies as at 28 October, 2016.
Due to an erroneous calculation, we missed a disclosure reflecting
our % of 'Voting rights attached to shares' position moving below
10% on 27th October, 2016. This issue been rectified however we
have since increased our position back over 10% as at 03 November,
2016. Please see the notification made on 7(th) November 2016.
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3. Full name of person(s) subject Prudential plc group of companies
to the
notification obligation: (iii)
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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
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5. Date of the transaction and date 27 October 2016
on
which the threshold is crossed
or
reached: (v)
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6. Date on which issuer notified: 07 November 2016
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7. Threshold(s) that is/are crossed See item 13
or
reached: (vi, vii)
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8. Notified details:
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A: Voting rights attached to shares (viii, ix)
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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 Number of voting % of voting rights
of of of shares rights (x)
Shares Voting
Rights
------------------- --------------- ---------------- -------------- ---------------------- ---------------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
------------------- ----------- ------------ -------------- --------- ----------- ------------ -------------
ORD GBP0.03333
GB0004726096 64,310,980 64,310,980 61,159,986 0 61,159,986 0 9.99%
------------------- --------------- ---------------- -------------- --------- ----------- ------------ -------------
B: Qualifying Financial Instruments
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Resulting situation after the triggering transaction
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Type of financial Expiration Exercise/ Number of voting % of voting
instrument date (xiii) Conversion Period rights that may rights
(xiv) be
acquired if the
instrument is
exercised/ converted.
----------------------- ------------- -------------------------------- ------------------------ -----------------------
ORD GBP0.03333 552,774 0.09%
GB0004726096
(Right of Recall)
----------------------- ------------- -------------------------------- ------------------------ -----------------------
C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments (xv, xvi)
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Resulting situation after the triggering transaction
---------------------------------------------------------------------------------------------------------------------------
Type of financial Exercise Expiration Exercise/ Number of voting % of voting rights
instrument price date (xvii) Conversion rights instrument (xix, xx)
period refers to
(xviii)
--------------------- ------------- -------------- -------------- -------------------------- -------------------------
Nominal Delta
--------------------- ------------- -------------- -------------- -------------------------- ------------ -----------
Total (A+B+C)
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Number of voting rights Percentage of voting rights
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61,712,760 10.08%
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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) - 61,712,760 (10.08%)
The Prudential Assurance Company Limited (wholly owned subsidiary of
Prudential plc) - 50,592,299 (8.27%)
M&G Group Limited (wholly owned subsidiary of Prudential plc) - 61,712,760
(10.08%)
M&G Limited (wholly owned subsidiary of M&G Group Limited) - 61,712,760
(10.08%)
M&G Investment Management Limited (wholly owned subsidiary of M&G Limited)
- 61,712,760 (10.08%)
Proxy Voting:
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10. Name of the proxy holder: N/A
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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:
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13. Additional information: Prudential plc has moved below a 10%
indirect notifiable interest, excluding
the right of recall under the Qualifying
Financial Instruments.
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14. Contact name: Owen Smith / John Baker / James Todd
M&G Investment Management Limited
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020 7004 4517 / 020 7548 2561 / 020
15. Contact telephone number: 7548 2293
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C: Additional information
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Contact at Issuer: Michelle Balch, Deputy Company Secretary, Spirent
Communications plc
Telephone: 01293 767676
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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