TIDMRBS

RNS Number : 3471V

Royal Bank of Scotland Group PLC

06 August 2015

 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
---------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying          The Royal Bank of Scotland Group 
  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) subject           The Solicitor for the affairs of Her 
  to the                                      Majesty's Treasury 
  notification obligation: (iii) 
------------------------------------------  -------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
------------------------------------------  -------------------------------------------- 
 5. Date of the transaction and date         6 August 2015 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
------------------------------------------  -------------------------------------------- 
 6. Date on which issuer notified:           6 August 2015 
------------------------------------------  -------------------------------------------- 
 7. Threshold(s) that is/are crossed         Crossed percentage thresholds of 52% 
  or                                          and 73% 
  reached: (vi, vii) 
------------------------------------------  -------------------------------------------- 
 
 
 
 8. Notified details: 
----------------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
----------------------------------------------------------------------------------------------------------------------------------- 
 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 (xi)        Indirect   Direct       Indirect 
                                                                                                 (xii) 
-------------  ---  ----  -------     ------  -----  ---  ----------------  -----------------  ---------  -----------  ------------ 
 GB00B7T77214   3,964,483,519       15,857,934,076         3,334,483,519     13,337,934,076                51.53% 
               ------------------  ---------------------  ----------------  -----------------  ---------  -----------  ------------ 
 
 
 B: Qualifying Financial Instruments 
----------------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------------------------- 
 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. 
------------------------  ------------------  -----------------------------------  ---------------------------  ------------------- 
 
 
 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 rights 
  instrument          price             date (xvii)    Conversion             rights instrument               (xix, xx) 
                                                       period                 refers to 
                                                       (xviii) 
------------------  ----------------  -------------  ---------------------  ------------------------------  ----------------------- 
 Series 1 class      GBP5.00           -              Anytime                Up to 20,400,000,000            Nominal       Delta 
  B shares            (subject                                                (depending on extent 
                      to adjustment)                                          of conversion into 
                                                                              ordinary shares) 
------------------  ----------------  -------------  ---------------------  ------------------------------  ------------  --------- 
                                                                                                             Up to 
                                                                                                              44.08% 
-------------  ---  ----  -------     ------  -----  ---  --------------    -----  ----------  ---------    ------------  --------- 
 
 Total (A+B+C) 
----------------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                                   Percentage of voting rights 
------------------------------------------------------------------------  --------------------------------------------------------- 
 33,737,934,076                                                            72.89% 
------------------------------------------------------------------------  --------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
--------------------------------------------------------------------------------------- 
 
   UKFI Financial Investments Limited, a company wholly-owned by Her Majesty's 
   Treasury, is entitled to exercise control over the voting rights which 
   are the subject of this notification (pursuant to certain management 
   arrangements agreed with Her Majesty's Treasury). 
 
   The solicitor for the affairs of Her Majesty's Treasury is acting as 
   nominee for Her Majesty's Treasury. 
 
 Proxy Voting: 
--------------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
------------------------------------------------------  ------------------------------- 
 11. Number of voting rights proxy holder will 
  cease 
  to hold: 
------------------------------------------------------  ------------------------------- 
 12. Date on which proxy holder will cease to 
  hold 
  voting rights: 
------------------------------------------------------  ------------------------------- 
 
 
  13. Additional information:                 The Solicitor for the Affairs of Her 
                                              Majesty's Treasury is acting as nominee 
                                              for Her Majesty's Treasury 
------------------------------------------  ------------------------------------------- 
 14. Contact name:                           James Neilson 
------------------------------------------  ------------------------------------------- 
 15. Contact telephone number:               +44 (0)207 270 5813 
------------------------------------------  ------------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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