Source - RNS
RNS Number : 8560I
FBD Holdings PLC
02 September 2016
 

Standard Form TR-1

Standard form for notification of major holdings

 

 

 

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:

FBD Holdings plc

2. Reason for the notification (please tick the appropriate box or boxes):

 

[X] An acquisition or disposal of voting rights

[ ] An acquisition or disposal of financial instruments [ ] An event changing the breakdown of voting rights [ ] Other (please specify)iii:

3. Details of person subject to the notification obligationiv :

Name:

Prudential plc group of companies

City and country of registered office (if applicable):

London, England

4. Full name of shareholder(s) (if different from 3.)v:

Prudential plc

M&G Group Limited

M&G Limited

M&G Investment Management Limited

M&G Securities Limited

5. Date on which the threshold was crossed or reachedvi:

01 September 2016

6. Date on which issuer notified:

02 September 2016

7. Threshold(s) that is/are crossed or reached:

5% - 6%

8. Total positions of person(s) subject to the notification obligation:


% of voting rights attached to shares (total of 9.A)

% of voting rights through financial instruments

(total of 9.B.1 + 9.B.2)

 

Total of both in % (9.A + 9.B)

Total number of voting rights of issuervii

Resulting situation on the date on which threshold was crossed or reached

6.00%

N/A

6.00%

34,666,201

Position of previous notification (if applicable)

5.42%

N/A

5.42%

34,648,122


 

9. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii:

A: Voting rights attached to shares

Class/type of shares

ISIN code (if possible)

Number of voting rightsix

% of voting rights

 

Direct

 

Indirect

 

Direct

 

Indirect

ORD EURO0.60

IE0003290289


2,080,357


6.00%











SUBTOTAL A

2,080,357

6.00%

 

 

B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations

 

Type of financial instrument

 

Expiration date

 

Exercise/ Conversion Periodxi

Number of voting rights that may be acquired if the instrument is exercised/converted.

 

 

% of voting rights

















SUBTOTAL B.1



 

 

B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of the Regulations

Type of financial instrument

Expiration datex

Exercise/ Conversion Period xi

Physical or cash settlementxii

Number of voting rights

 

% of voting rights




















SUBTOTAL B.2




 

10. Information in relation to the person subject to the notification obligation (please tick the applicable box):

 

[ ] Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.xiii

 

[ ] Full chain of controlled undertakings through which the voting rights and/or the

financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv:

 

Namexv

 

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

 

Total of both if it equals or is higher than the notifiable threshold

Prudential plc (parent Company) - 2,080,357 (6.00%)

 

M&G Group Limited (wholly owned subsidiary of Prudential plc) - 2,080,357 (6.00%)

M&G Limited (wholly owned subsidiary of M&G Group Limited) - 2,080,357 (6.00%)

M&G Investment Management Limited (wholly owned subsidiary of M&G Limited) - 2,080,357 (6.00%)

M&G Securities Limited (wholly owned subsidiary of M&G Limited) - 1,968,526 (5.67%)


11. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]


12. Additional informationxvi:

 

 

 

Completed in London on 02 September 2016


Annex: Notification of major holdings (only to be filed with the Central Bank of Ireland and not with the relevant issuer)

 

 

 

 

A: Identity of the person subject to the notification obligation

Full name (including legal form for legal entities)

Prudential Group of companies - please see attached forms for details.

Contact address (registered office for legal entities)

Laurence Pountney Hill, London EC4R 0HH, England

E-Mail

M&[email protected]

Phone number / Fax number

020 7548 3266

Other useful information (at least legal a contact person for legal persons)

John Baker (Shareholder Disclosure Analyst)

 

 

B: Identity of the notifier, if applicable

Full name

M&G Investment Management Limited

Contact address

Laurence Pountney Hill, London EC4R 0HH, England

E-Mail

M&[email protected]

Phone number / Fax number

020 7548 3266

Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)

John Baker (Shareholder Disclosure Analyst) - 020 7548 2561

 

 

 


 

Notes
 
iPersonscompletingthisformshouldhaveregardtotherequirementsoftheTransparency(Directive2004/109/EC)Regulations2007 asamended (the “Regulations”),the CentralBankof Ireland’sTransparencyRules(the“TransparencyRules”)and CommissionDelegated Regulation(EU) 2015/761 of17 December2014.

ii Fullnameofthelegalentityandotheridentifyingspecificationoftheissuerorunderlyingissuer,provideditisreliableandaccurate
(e.g. address,LEI,domestic number identity).
 
iii Other reason forthenotificationcouldbevoluntarynotifications,changesofattributionofthenatureoftheholding(e.g.expiringoffinancial instruments)or actingin concert.
 
iv Thisshouldbethefullnameof(a)theshareholder;(b)thenaturalpersonorlegalentityacquiring,disposingoforexercisingvotingrightsinthecasesprovidedforinRegulation15(b)to(h)oftheRegulations(Article10(b)to(h)ofDirective2004/109/EC);or(c)theholderof financialinstruments referredto inRegulation17(1)of the Regulations(Article13(1) of Directive2004/109/EC).
 
Asthe disclosureof casesof actingin concert mayvarydue tothe specificcircumstances(e.g. same or different total positions of theparties,enteringorexitingofactinginconcertbyasingleparty)thestandardformdoesnotprovideforaspecificmethodhowtonotifycasesof acting inconcert.
 
Inrelationtothetransactionsreferredtoinpoints(b)to(h)ofRegulation15oftheRegulations(Article10ofDirective2004/109/EC),the followinglist isprovided asanindication of thepersonswho should bementioned:
 
·         inthecircumstancesforeseeninletter(b)ofRegulation15oftheRegulations(Article10ofDirective2004/109/EC),thenaturalpersonorlegalentitythatacquiresthevotingrightsandisentitledtoexercisethemundertheagreementandthenaturalpersonor legal entitywhoistransferring temporarilyforconsideration thevoting rights;
 
·         inthecircumstancesforeseeninletter(c)oftheRegulation15oftheRegulations(Article10ofDirective2004/109/EC),thenaturalpersonorlegalentityholdingthecollateral,providedthepersonorentitycontrolsthevotingrightsanddeclaresitsintentionof exercising them,and naturalpersonor legalentitylodging the collateral under theseconditions;
 
·         inthecircumstancesforeseeninletter(d)ofRegulation15oftheRegulations(Article10ofDirective2004/109/EC),thenaturalperson or legal entitywhohasalifeinterest in sharesifthat person or entityisentitled to exercise the votingrightsattachedtothesharesand the natural personor legal entitywhoisdisposingof thevoting rightswhen the life interest iscreated;
 
·         inthecircumstancesforeseeninletter(e)ofRegulation15oftheRegulations (Article10ofDirective2004/109/EC),thecontrollingnaturalpersonorlegalentityand,providedithasanotificationdutyatanindividuallevelunderRegulation14oftheRegulations(Article9of Directive2004/109/EC), underletters(a) to (d) ofRegulation 15ofthe Regulations(Article 10ofDirective2004/109/EC)or under acombinationof any of thosesituations,thecontrolledundertaking;
 
·         inthecircumstancesforeseeninletter(f)ofRegulation15oftheRegulations(Article10ofDirective2004/109/EC),thedeposittakeroftheshares,ifhecanexercisethevotingrightsattachedtothesharesdepositedwithhimathisdiscretion,andthedepositorof thesharesallowing thedeposittaker toexercisethe voting rights athisdiscretion;
 
·         inthecircumstancesforeseeninletter(g)ofRegulation15oftheRegulations(Article10ofDirective2004/109/EC),thenaturalperson orlegal entitythat controlsthevoting rights;
 
·         inthecircumstancesforeseeninletter(h)ofRegulation15oftheRegulations(Article10ofDirective2004/109/EC),theproxyholder,ifhecanexercisethevotingrightsathisdiscretion,andtheshareholderwhohasgivenhisproxytotheproxyholderallowing the latterto exercise the voting rights at his discretion (e.g.management companies).
 
v Applicable in thecasesprovidedforinRegulation15(b)to(h)oftheRegulations(Article10(b)to(h)ofDirective2004/109/EC).ThisshouldbethefullnameoftheshareholderwhoisthecounterpartytothenaturalpersonorlegalentityreferredtoinRegulation15oftheRegulations(Article10Directive2004/109/EC)unlessthepercentageofvotingrightsheldbytheshareholderislowerthan
 
thelowestnotifiablethresholdforthedisclosureofvotingrightsholdingsinaccordancewiththerequirementsoftheRegulationsandtheTransparencyRules.
 
viThedateonwhichthresholdiscrossedorreachedshouldbethedateonwhichtheacquisitionordisposaltookplaceortheotherreason triggered the notification obligation.Forpassivecrossings, thedate whenthecorporate eventtookeffect.
 
viiThetotalnumberofvotingrightsshallbecomposedofalltheshares,includingdepositoryreceiptsrepresentingshares,towhichvoting rightsareattached even if the exercise thereofissuspended.
 
viii Iftheholdinghasfallenbelowthelowestapplicable thresholdinaccordancewiththeRegulationsandtheTransparencyRulestheholderisnotobliged todisclose theextent of the holding onlythat the holdingis“below 3%”or “below 5%”asappropriate.
 
ix Incaseofcombinedholdingsofshareswithvotingrightsattached"directholding"andvotingrights"indirectholding",pleasesplitthevotingrightsnumberandpercentageintothedirectandindirectcolumns–ifthereisnocombinedholdings,pleaseleavetherelevantboxblank.
 
xDate of maturity/expiration ofthe financial instrument i.e. the datewhen right toacquiresharesends.
 
xiIf the financialinstrumenthassucha periodpleasespecifythis period–for exampleonce every3 months startingfrom[date].
 
xiiIncaseofcashsettledinstrumentsthenumberandpercentagesofvotingrightsistobepresentedonadelta-adjustedbasis(Regulation17(4)of the Regulations/Article 13(1a) of Directive 2004/109/EC).
 
xiii Ifthepersonsubjecttothenotificationobligationiseithercontrolledand/ordoescontrolanotherundertakingthenthesecondoption applies.
 
xiv Thefullchainofcontrolledundertakings,startingwiththeultimatecontrollingnaturalpersonorlegalentity,hastobepresentedalsoincasesinwhichonlyonsubsidiarylevelathresholdiscrossedorreachedandthesubsidiaryundertakingdisclosesthenotification,asonlythuswillthemarketsgetafullpictureofthegroupholdings.Inthecaseofmultiplechainsthroughwhichthevotingrightsand/orfinancialinstrumentsareeffectivelyheld,thechainshavetobepresentedchainbychainleavingarowfreebetweendifferent chains(e.g.:A, B, C, free row, A,B, D, freerow, A, E, Fetc.).
 
xv Thenamesofcontrolledundertakingsthroughwhichthevotingrightsand/orfinancialinstrumentsareeffectivelyheldhavetobepresentedirrespective of whether thecontrolledundertakingscrossor reachthelowest applicable thresholdthemselves.
 
xvi Example: Correction ofa previous notification.
 


 


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