TIDMEMG

RNS Number : 2059V

Man Group plc

14 April 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
----------------------------------------------- 
 
 
 1. Identity of the issuer 
  or the underlying issuer        Man Group plc 
  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)           Silchester International 
  subject to the notification         Investors LLP 
  obligation: 
----------------------------------  --------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):              Silchester International 
                                       Investors International 
                                       Value Equity Taxable 
                                       Trust 
 
                                       Silchester International 
                                       Investors International 
                                       Value Equity Trust 
 
                                       Silchester International 
                                       Investors International 
                                       Value Equity Group 
                                       Trust 
 
                                       Silchester International 
                                       Investors Tobacco Free 
                                       International Value 
                                       Equity Trust 
 
                                       The Calleva Trust 
----------------------------------  --------------------------- 
 5. Date of the transaction          12 April 2016 
  and date on which the threshold 
  is crossed or reached: 
----------------------------------  --------------------------- 
 6. Date on which issuer             13 April 2016 
  notified: 
----------------------------------  --------------------------- 
 7. Threshold(s) that is/are 
  crossed or reached:                5% 
----------------------------------  --------------------------- 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares 
------------------------------------------------------------------------------------------------ 
 Class/type      Situation                   Resulting situation after 
  of              previous                    the triggering transaction 
  shares          to the triggering 
                  transaction 
  if possible 
  using 
  the ISIN 
  CODE 
--------------  --------------------------  ---------------------------------------------------- 
                 Number        Number        Number     Number of              % of voting 
                  of            of            of         voting                 rights 
                  Shares        Voting        shares     rights 
                                Rights 
--------------  ------------  ------------  ---------  ---------------------  ------------------ 
                                             Direct     Direct    Indirect     Direct   Indirect 
--------------  ------------  ------------  ---------  --------  -----------  -------  --------- 
                 Below         Below 
 GB00B83VD954     threshold     threshold                         85,232,803            5.00% 
                ------------  ---------------------------------  -----------  -------  --------- 
 
 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------- 
 Type of financial   Expiration   Exercise/     Number of      % of voting 
  instrument          date         Conversion    voting         rights 
                                   Period        rights that 
                                                 may be 
                                                 acquired 
                                                 if the 
                                                 instrument 
                                                 is 
                                                 exercised/ 
                                                 converted. 
------------------  -----------  ------------  -------------  ------------ 
  N/A                N/A          N/A           N/A            N/A 
------------------  -----------  ------------  -------------  ------------ 
 
 
 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     price      date         Conversion    voting        rights 
  instrument                            period        rights 
                                                      instrument 
                                                      refers 
                                                      to 
------------  ---------  -----------  ------------  ------------  ---------------- 
                                                                   Nominal   Delta 
------------  ---------  -----------  ------------  ------------  --------  ------ 
 N/A           N/A        N/A          N/A           N/A            N/A      N/A 
------------  ---------  -----------  ------------  ------------  --------  ------ 
 
 
 Total (A+B+C) 
----------------------------------------------- 
 Number of voting rights   Percentage of voting 
                            rights 
------------------------  --------------------- 
 85,232,803                5.00% 
------------------------  --------------------- 
 
 
 9. Chain of controlled undertakings through which 
  the voting rights and/or the 
  financial instruments are effectively held, if 
  applicable: 
-------------------------------------------------- 
 N/A 
-------------------------------------------------- 
 
 
 Proxy Voting: 
--------------------------------------------------------- 
 10. Name of the proxy holder:   Silchester International 
                                            Investors LLP 
------------------------------  ------------------------- 
 11. Number of voting rights     N/A 
  proxy holder will cease 
  to hold: 
------------------------------  ------------------------- 
 12. Date on which proxy         N/A 
  holder will cease to hold 
  voting rights: 
------------------------------  ------------------------- 
 
 
 13. Additional information:      Silchester International 
                                   Investors LLP ("Silchester") 
                                   acts as investment 
                                   manager for its clients 
                                   detailed in Question 
                                   4 above (its "Clients"). 
                                   In acting for its Clients, 
                                   Silchester is given 
                                   full discretion over 
                                   its Clients' investments 
                                   and is empowered to 
                                   vote on their behalf. 
                                   However, it does not 
                                   act as its Clients' 
                                   custodian and therefore 
                                   shares are not held 
                                   in Silchester's name 
                                   but in the name of 
                                   each Client's custodian 
                                   bank. 
 
                                   The increase in Silchester's 
                                   holdings was due to 
                                   a series of transactions 
                                   over a series of different 
                                   trading days. 
 
                                   Notification is provided 
                                   based on the total 
                                   voting rights figure 
                                   of 1,703,111,700. 
-------------------------------  ------------------------------ 
 14. Contact name:                 Rachel Rowson 
-------------------------------  ------------------------------ 
 15. Contact telephone number:    020 7144 1732 
-------------------------------  ------------------------------ 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLLIFFASRISLIR

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April 14, 2016 05:27 ET (09:27 GMT)

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