Virgin Money Holdings (UK) PLC Holding(s) in Company (3948U)
18 January 2017 - 2:53AM
UK Regulatory
TIDMVM. TIDMPRU
RNS Number : 3948U
Virgin Money Holdings (UK) PLC
17 January 2017
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
--------------------------------------------------
1. Identity of the issuer or Virgin Money Holdings (UK)
the underlying issuer Plc
of existing shares to which
voting rights are
attached: (ii)
--------------------------------------------------------------- -------------------------------------
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 X
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) Prudential plc group of companies
subject to the
notification obligation:
(iii)
----------------------------------------------------------- -----------------------------------------
4. Full name of shareholder(s) Prudential plc
(if different from 3.):(iv) The Prudential Assurance Company
Limited
----------------------------------------------------------- -----------------------------------------
5. Date of the transaction 13 January 2017
and date on
which the threshold is
crossed or
reached: (v)
----------------------------------------------------------- -----------------------------------------
6. Date on which issuer 16 January 2017
notified:
----------------------------------------------------------- -----------------------------------------
7. Threshold(s) that is/are See item 13
crossed or
reached: (vi, vii)
----------------------------------------------------------- -----------------------------------------
8. Notified details:
----------------------------------------------------------------------------------------------------------------------------
A: Voting rights attached to shares (viii, ix)
----------------------------------------------------------------------------------------------------------------------------
Class/type Situation previous Resulting situation after the
of to the triggering triggering transaction
shares transaction
if possible
using
the ISIN
CODE
------------------- ----------------------------------- ------------------------------------------------------------------
Number Number Number Number of % of voting
of of of shares voting rights (x)
Shares Voting rights
Rights
------------------- ---------------- ----------------- -------------- ----------------------- -------------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
------------------- ------------ ------------- -------------- --------- ------------ ------------ -----------
ORD GBP0.0001
GB00BQP0644 12,572,436 12,572,436 16,018,229 0 16,018,229 0 3.60%
------------------- ---------------- ----------------- -------------- --------- ------------ ------------ -----------
B: Qualifying Financial Instruments
----------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
----------------------------------------------------------------------------------------------------------------------------
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date Conversion rights that rights
(xiii) Period (xiv) may be
acquired if
the
instrument
is
exercised/
converted.
----------------------- -------------- --------------------------------- ------------------------- ---------------------
ORD GBP0.0001 0 0.00%
GB00BQP0644
(Right of recall)
----------------------- -------------- --------------------------------- ------------------------- ---------------------
C: Financial Instruments with similar economic effect
to Qualifying Financial Instruments (xv, xvi)
----------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
----------------------------------------------------------------------------------------------------------------------------
Type of financial Exercise Expiration Exercise/ Number of voting % of voting
instrument price date Conversion rights instrument rights (xix,
(xvii) period refers to xx)
(xviii)
--------------------- -------------- --------------- ---------------- ------------------------- -----------------------
Nominal Delta
--------------------- -------------- --------------- ---------------- ------------------------- ------------ ---------
Total (A+B+C)
----------------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
---------------------------------------------------------- ----------------------------------------------------------------
16,018,229 3.60%
---------------------------------------------------------- ----------------------------------------------------------------
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) - 16,018,229 (3.60%)
The Prudential Assurance Company Limited (wholly owned
subsidiary of Prudential plc) - 16,018,229 (3.60%)
Proxy Voting:
--------------------------------------------------------------------------------------------
10. Name of the proxy holder: N/A
------------------------------------------------------- -----------------------------------
11. Number of voting rights proxy N/A
holder will cease
to hold:
------------------------------------------------------- -----------------------------------
12. Date on which proxy holder will N/A
cease to hold
voting rights:
------------------------------------------------------- -----------------------------------
13. Additional information: The non-exempt indirect holdings
for Prudential plc have moved
above a 3% notifiable interest
excluding the right of recall
under the Qualifying Financial
Instruments. We no longer
have holdings subject to
the Right of Recall.
The Prudential Assurance
Company Limited (wholly owned
subsidiary of Prudential
plc) has moved above a 3%
indirect notifiable interest
excluding the right of recall
under the Qualifying Financial
Instruments.
------------------------------------------------------- -----------------------------------
14. Contact name: Adam Key, Investor Relations/
Katie Marshall, Company Secretary
------------------------------------------------------- -----------------------------------
020 7111 1311/
15. Contact telephone number: 0191 279 6482
------------------------------------------------------- -----------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
HOLEASFXFLNXEFF
(END) Dow Jones Newswires
January 17, 2017 10:53 ET (15:53 GMT)
Virgin Money (LSE:VM.)
Historical Stock Chart
From Apr 2024 to May 2024
Virgin Money (LSE:VM.)
Historical Stock Chart
From May 2023 to May 2024
Real-Time news about Virgin Money (London Stock Exchange): 0 recent articles
More Virgin Money News Articles