TIDMVM. TIDMPRU

RNS Number : 0787H

Virgin Money Holdings (UK) PLC

05 June 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                                   X 
------------------------------------------------------------  ---------------------------------- 
 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)                                    Prudential plc group of companies 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ----------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv)                                            Prudential plc 
                                                                       M&G Group Limited 
                                                                          M&G Limited 
                                                                   M&G Investment Management 
                                                                            Limited 
-----------------------------------------------------------  ----------------------------------- 
 5. Date of the transaction                                              01 June 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ----------------------------------- 
 6. Date on which issuer                                                 02 June 2017 
  notified: 
-----------------------------------------------------------  ----------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                          5% 
-----------------------------------------------------------  ----------------------------------- 
 
 
 
 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        21,433,796         21,433,796       22,731,685        0       22,731,685         0          5.11% 
-------------------  ----------------  -----------------  --------------  ---------  ------------  ------------  ----------- 
 
 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                                                                   263,674                   0.05% 
       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 
----------------------------------------------------------  ---------------------------------------------------------------- 
 22,995,359                                                  5.16% 
----------------------------------------------------------  ---------------------------------------------------------------- 
 
 
 
 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) - 22,995,359 (5.16%) 
   M&G Group Limited (wholly owned subsidiary of Prudential 
   plc) - 22,995,359 (5.16%) 
   M&G Limited (wholly owned subsidiary of M&G Group Limited) 
   - 22,995,359 (5.16%) 
   M&G Investment Management Limited (wholly owned subsidiary 
   of M&G Limited) - 22,995,359 (5.16%) 
 
 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: 
--------------------------------------------------------  ----------------------------------- 
 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

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