TIDMCSN TIDMPRU

RNS Number : 1650S

Chesnara PLC

19 December 2016

 
 
   TR-1: NOTIFICATION OF MAOJR 
   INTEREST IN SHARES(i) 
-----------------------------------------------------------  ----------------------------------- 
 1. Identity of the issuer or                                            Chesnara PLC 
  the underlying issuer 
  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)                                    Prudential plc group of companies 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ----------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv)                                            Prudential plc 
                                                                       M&G Group Limited 
                                                                          M&G Limited 
                                                                   M&G Investment Management 
                                                                            Limited 
-----------------------------------------------------------  ----------------------------------- 
 5. Date of the transaction                                            15 December 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ----------------------------------- 
 6. Date on which issuer                                               16 December 2016 
  notified: 
-----------------------------------------------------------  ----------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                          5% 
-----------------------------------------------------------  ----------------------------------- 
 
 
 
 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 GBP0.05 
    GB00B00FPT80         5,589,481         5,589,481        7,636,103        0        7,636,103         0          5.10% 
-------------------  ----------------  ----------------  --------------  ---------  ------------  ------------  ----------- 
 
 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 GBP0.05                                                                    27,770                   0.01% 
      GB00B00FPT80 
    (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 
---------------------------------------------------------  ---------------------------------------------------------------- 
 7,663,873                                                  5.11% 
---------------------------------------------------------  ---------------------------------------------------------------- 
 
 
 
 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) - 7,663,873 (5.11%) 
   M&G Group Limited (wholly owned subsidiary of Prudential 
   plc) - 7,663,873 (5.11%) 
   M&G Limited (wholly owned subsidiary of M&G Group Limited) 
   - 7,663,873 (5.11%) 
   M&G Investment Management Limited (wholly owned subsidiary 
   of M&G Limited) - 7,663,873 (5.11%) 
 
 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: 
--------------------------------------------------------  --------------------------- 
 14. Contact name:                                         John Baker / Owen Smith / 
                                                            James Todd 
                                                            M&G Investment Management 
                                                            Limited 
--------------------------------------------------------  --------------------------- 
                                                           020 7548 2561 / 020 7004 
 15. Contact telephone number:                              4517 / 020 7548 2293 
--------------------------------------------------------  --------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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December 19, 2016 02:00 ET (07:00 GMT)