Virgin Money Holdings (UK) PLC Holding(s) in Company (7136T)
January 09 2017 - 11:00AM
UK Regulatory
TIDMVM. TIDMPRU
RNS Number : 7136T
Virgin Money Holdings (UK) PLC
09 January 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
------------------------------------------------------------------ ----------------------------------
An acquisition or disposal of qualifying financial X
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) Prudential plc
(if different from 3.):(iv) The Prudential Assurance Company
Limited
----------------------------------------------------------- -----------------------------------------
5. Date of the transaction 06 January 2017
and date on
which the threshold is
crossed or
reached: (v)
----------------------------------------------------------- -----------------------------------------
6. Date on which issuer 09 January 2017
notified:
----------------------------------------------------------- -----------------------------------------
7. Threshold(s) that is/are See item 13
crossed or
reached: (vi, vii)
----------------------------------------------------------- -----------------------------------------
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 14,968,421 14,968,421 12,370,636 0 12,370,636 0 2.78%
------------------- ---------------- ----------------- -------------- --------- ------------ ------------ -----------
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 3,647,593 0.81%
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
---------------------------------------------------------- ----------------------------------------------------------------
16,018,229 3.60%
---------------------------------------------------------- ----------------------------------------------------------------
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) - 16,018,229 (3.60%)
The Prudential Assurance Company Limited (wholly owned
subsidiary of Prudential plc) - 16,018,229 (3.60%)
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: The non-exempt indirect holdings
for Prudential plc have moved
below a 3% notifiable interest
excluding the right of recall
under the Qualifying Financial
Instruments.
The Prudential Assurance
Company Limited (wholly owned
subsidiary of Prudential
plc) has moved below a 3%
indirect notifiable interest
excluding the right of recall
under the Qualifying Financial
Instruments.
------------------------------------------------------- -----------------------------------
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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