TIDMDSC TIDMPRU
RNS Number : 8494B
Development Securities PLC
03 November 2009
?
+----------------------------------------------------------------------------------------+
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
+----------------------------------------------------------------------------------------+
+-------------------------------------------+-----------------------------------+
| 1. Identity of the issuer or the | Development Securities PLC |
| underlying issuer of existing shares to | |
| which voting rights are attached: | |
+-------------------------------------------+-----------------------------------+
+-------------------+---------------------------------------------------+--------+
| 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 to | Prudential plc group of companies |
| the notification obligation: | |
| | |
+-------------------------------------------+-----------------------------------+
| 4. Full name of shareholder(s) (if | See attached schedule |
| different from 3.): | |
| | |
+-------------------------------------------+-----------------------------------+
| 5. Date of the transaction and date | 29 October 2009 |
| on which the threshold is crossed | |
| or reached: | |
| | |
+-------------------------------------------+-----------------------------------+
| 6. Date on which issuer notified: | 02 November 2009 |
| | |
+-------------------------------------------+-----------------------------------+
| 7. Threshold(s) that is/are crossed | See item 13 |
| or reached: | |
| | |
+-------------------------------------------+-----------------------------------+
+----------------+----------------+-----------+----------------+-----------+----------+----------+----------+
| 8. Notified details: |
+-----------------------------------------------------------------------------------------------------------+
| A: Voting rights attached to shares |
| |
+-----------------------------------------------------------------------------------------------------------+
| Class/type of | Situation previous | Resulting situation after the triggering transaction |
| shares | to the triggering | |
| if possible | transaction | |
| using | | |
| the ISIN CODE | | |
+ +----------------------------+-------------------------------------------------------------+
| | Number | Number | Number | Number of voting | % of voting rights |
| | of | of | of | rights | |
| | Shares | Voting | shares | | |
| | | Rights | | | |
+ + + +----------------+----------------------+---------------------+
| | | | Direct | Direct | Indirect | Direct | Indirect |
+----------------+----------------+-----------+----------------+-----------+----------+----------+----------+
| ORD GBP0.50 | 7,252,242 | 7,252,242 | 7,196,318 | 7,196,318 | | 8.74% | |
+----------------+ + + + + + + +
| GB0002668464 | | | | | | | |
+----------------+----------------+-----------+----------------+-----------+----------+----------+----------+
+---------------------+------------+--------------------+---------------------+----------------+
| 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 may be | rights |
| | | Period | acquired if the | |
| | | | instrument is | |
| | | | exercised/ | |
| | | | converted. | |
| | | | | |
+---------------------+------------+--------------------+---------------------+----------------+
| | | | | |
+---------------------+------------+--------------------+---------------------+----------------+
+---------------+----------+------------+------------+----------------+---------------+---------+
| C: Financial Instruments with similar economic effect to Qualifying Financial |
| Instruments |
+-----------------------------------------------------------------------------------------------+
| Resulting situation after the triggering transaction |
| |
+-----------------------------------------------------------------------------------------------+
| Type of | Exercise | Expiration | Exercise/ | Number of | % of voting |
| financial | | | Conversion | voting | rights |
| instrument | price | date | | rights | |
| | | | period | instrument | |
| | | | | refers to | |
+---------------+----------+------------+------------+----------------+-------------------------+
| | | | | | Nominal | Delta |
| | | | | | | |
+ + + + + +---------------+---------+
| | | | | | | |
+---------------+----------+------------+------------+----------------+---------------+---------+
+-------------------------------------------+-----------------------------------+
| Total (A+B+C) |
| |
+-------------------------------------------------------------------------------+
| Number of voting rights | Percentage of voting rights |
+-------------------------------------------+-----------------------------------+
| 7,196,318 | 8.74% |
+-------------------------------------------+-----------------------------------+
+----------------------------------------------------------------------------------------+
| 9. Chain of controlled undertakings through which the voting rights and/or the |
| financial instruments are effectively held, if applicable: |
+----------------------------------------------------------------------------------------+
| |
| Prudential plc (parent Company) |
| M&G Group Limited (wholly owned subsidiary of Prudential plc) |
| M&G Limited (wholly owned subsidiary of M&G Group Limited) |
| M&G Investment Management Limited (wholly owned subsidiary of M&G Limited) |
| M&G Securities Limited (wholly owned subsidiary of M&G Limited) |
| |
+----------------------------------------------------------------------------------------+
+-------------------------------------------+-----------------------------------+
| Proxy Voting: |
| |
+-------------------------------------------------------------------------------+
| 10. Name of the proxy holder: | N/A |
| | |
+-------------------------------------------+-----------------------------------+
| 11. Number of voting rights proxy holder | N/A |
| will cease to hold: | |
| | |
+-------------------------------------------+-----------------------------------+
| 12. Date on which proxy holder will cease | N/A |
| to hold voting rights: | |
| | |
+-------------------------------------------+-----------------------------------+
+-------------------------------------------+-----------------------------------+
| 13. Additional information: | As per 5.1.2, the non-exempt |
| | holdings of Prudential plc have |
| | fallen below 3% triggering this |
| | notification. |
| | |
+-------------------------------------------+-----------------------------------+
| 14. Contact name: | Dipesh Varsani / Mark Thomas |
| | M&G Investment Management Limited |
| | |
+-------------------------------------------+-----------------------------------+
| 15. Contact telephone number: | 020 7548 3261 / 020 7548 3266 |
| | |
+-------------------------------------------+-----------------------------------+
+--------------------------+----+----+----+----------------------+------------
-+-------+-----------------------+
| NOTIFIABLE POSITION REPORT FOR
DEVELOPMENT SECS ORD GBP0.50
|
| AS AT 30 OCTOBER 2009
|
+--------------------------------------------------------------------------
=-----------------------------------+
|
|
+--------------------------------------------------------------------------
=-----------------------------------+
| PERCENTAGE HOLDINGS ARE CALCULATED
USING AN ISSUED SHARE CAPITAL OF 82,256,474 ORD GBP0.50 SHARES
|
+--------------------------------------------------------------------------
=-----------------------------------+
| | REGISTERED
HOLDER | HOLDING | % |
|
+--------------------------+-------------------------------------+---------
=---+-------+-----------------------+
| PRUDENTIAL PLC |
| 7,196,318 | 8.74 | TOTAL NOTIFIABLE |
|
| | |
| INTEREST
|
+------------------------------------+---------------------------+---------
=---+-------+-----------------------+
| |
| |
|
+--------------------------+-------------------------------------+---------
=---+-------------------------------+
| ORD GBP0.50 | 0266846
| 7,196,318 |
|
+--------------------------+-------------------------------------+---------
=---+-------------------------------+
| | NORTRUST
NOMINEE LTD A/C MHF01 | 14,748 |
|
+--------------------------+-------------------------------------+---------
=---+-------------------------------+
| | NORTRUST
NOMINEE LTD A/C MKK01 | 4,757,039 |
|
+--------------------------+-------------------------------------+---------
=---+-------------------------------+
| | PRUCLT HSBC
GIS NOM(UK) PAC AC | 1,220,270 |
|
+--------------------------+-------------------------------------+---------
=---+-------------------------------+
| | PRUCLT HSBC
GIS NOM(UK) PPL AC | 1,204,261 |
|
+--------------------------+-------------------------------------+---------
=---+-------------------------------+
| |
| |
|
+--------------------------+-------------------------------------+---------
=---+-------------------------------+
| |
| HOLDING | % |
|
+--------------------------+-------------------------------------+---------
=---+-------+-----------------------+
| M & G GROUP LIMITED |
| 7,196,318 | 8.74 |
|
+-------------------------------+--------------------------------+---------
=---+-------+-----------------------+
| |
| |
|
+--------------------------+-------------------------------------+---------
=---+-------------------------------+
| ORD GBP0.50 | 0266846
| 7,196,318 |
|
+--------------------------+-------------------------------------+---------
=---+-------------------------------+
| | NORTRUST
NOMINEE LTD A/C MHF01 | 14,748 |
|
+--------------------------+-------------------------------------+---------
=---+-------------------------------+
| | NORTRUST
NOMINEE LTD A/C MKK01 | 4,757,039 |
|
+--------------------------+-------------------------------------+---------
=---+-------------------------------+
| | PRUCLT HSBC
GIS NOM(UK) PAC AC | 1,220,270 |
|
+--------------------------+-------------------------------------+---------
=---+-------------------------------+
| | PRUCLT HSBC
GIS NOM(UK) PPL AC | 1,204,261 |
|
+--------------------------+-------------------------------------+---------
=---+-------------------------------+
| |
| |
|
+--------------------------+-------------------------------------+---------
=---+-------------------------------+
| |
| HOLDING | % |
|
+--------------------------+-------------------------------------+---------
=---+-------+-----------------------+
| M&G INVESTMENT MANAGEMENT LIMITED
| | 7,181,570 | 8.73 |
|
+-----------------------------------------+----------------------+---------
=---+-------+-----------------------+
| |
| |
|
+--------------------------+-------------------------------------+---------
=---+-------------------------------+
| ORD GBP0.50 | 0266846
| 7,181,570 |
|
+--------------------------+-------------------------------------+---------
=---+-------------------------------+
| | NORTRUST
NOMINEE LTD A/C MKK01 | 4,757,039 |
|
+--------------------------+-------------------------------------+---------
=---+-------------------------------+
| | PRUCLT HSBC
GIS NOM(UK) PAC AC | 1,220,270 |
|
+--------------------------+-------------------------------------+---------
=---+-------------------------------+
| | PRUCLT HSBC
GIS NOM(UK) PPL AC | 1,204,261 |
|
+--------------------------+-------------------------------------+---------
=---+-------------------------------+
| |
| |
|
+--------------------------+-------------------------------------+---------
=---+-------------------------------+
| |
| HOLDING | % |
|
+--------------------------+-------------------------------------+---------
=---+-------+-----------------------+
| M&G LIMITED |
| 7,196,318 | 8.74 |
|
+--------------------------+-------------------------------------+---------
=---+-------+-----------------------+
| |
| |
|
+--------------------------+-------------------------------------+---------
=---+-------------------------------+
| ORD GBP0.50 | 0266846
| 7,196,318 |
|
+--------------------------+-------------------------------------+---------
=---+-------------------------------+
| | NORTRUST
NOMINEE LTD A/C MHF01 | 14,748 |
|
+--------------------------+-------------------------------------+---------
=---+-------------------------------+
| | NORTRUST
NOMINEE LTD A/C MKK01 | 4,757,039 |
|
+--------------------------+-------------------------------------+---------
=---+-------------------------------+
| | PRUCLT HSBC
GIS NOM(UK) PAC AC | 1,220,270 |
|
+--------------------------+-------------------------------------+---------
=---+-------------------------------+
| | PRUCLT HSBC
GIS NOM(UK) PPL AC | 1,204,261 |
|
+--------------------------+-------------------------------------+---------
=---+-------------------------------+
| |
| |
|
+--------------------------+-------------------------------------+---------
=---+-------------------------------+
| |
| HOLDING | % |
|
+--------------------------+-------------------------------------+---------
=---+-------+-----------------------+
| M&G SECURITIES LIMITED |
| 4,771,787 | 5.80 |
|
+--------------------------+-------------------------------------+---------
=---+-------+-----------------------+
| |
| |
|
+--------------------------+-------------------------------------+---------
=---+-------------------------------+
| ORD GBP0.50 | 0266846
| 4,771,787 |
|
+--------------------------+-------------------------------------+---------
=---+-------------------------------+
| | NORTRUST
NOMINEE LTD A/C MHF01 | 14,748 |
|
+--------------------------+-------------------------------------+---------
=---+-------------------------------+
| | NORTRUST
NOMINEE LTD A/C MKK01 | 4,757,039 |
|
+--------------------------+-------------------------------------+---------
=---+-------------------------------+
| |
| |
|
+--------------------------+----+----+----+----------------------+---------
=---+-------+-----------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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