Regulatory News

REG-Next PLC Holding(s) in Company
Released: 05/11/2009

http://pdf.reuters.com/Regnews/regnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20091105:RnsE0355C
                                                                                                                       .
RNS Number : 0355C  
  
Next PLC  
  
05 November 2009  
  
 
  TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                                                                            
                                                                                                                            
  1. Identity of the issuer or the underlying issuer                               Next 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                                                           Yes                 
                                                                                                                            
  An acquisition or disposal of qualifying financial instruments which may result in theacquisition 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 the                    Legal & General Group Plc (L&G)                               
  notification obligation:                                                                                                  
  4. Full name of shareholder(s)  (if differentfrom 3.):      Legal & General Assurance (Pensions Management) Limited (PMC) 
                                                              02 November 2009                                              
  5. Date of the transaction and date on                                                                                    
  which the threshold is crossed or                                                                                         
  reached:                                                                                                                  
                                                                                                                            
  6. Date on which issuer notified:                           04 November 2009                                              
  7. Threshold(s) that is/are crossed or                      From 4% - 3% (L&G)                                            
  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 using       transaction                                                                                                                                                             
  the ISIN CODE                                                                                                                                                                                   
                          Number                          Number                                           Number of voting                          % of voting rights                           
                          of                              of                             Number            rights                                                                                 
                          Shares                          Voting                         of shares                                                                                                
                                                          Rights                                                                                                                                  
                                                                                                           Direct                      Indirect      Direct                        Indirect       
  ORD                     9,223,672                       9,223,672                      7,825,145         7,825,145                                 3.97                                         
                                                                                                                                                                                                  
  GBP 0.10GB0032089863                                                                                                                                                                            
                                                                                                                                                                                                  
  B: Qualifying Financial Instruments                                                                                                                                                             
  Resulting situation after the triggering transaction                                                                                                                                            
                                                                                                                         Number of voting                                                         
  Type of financial                             Expiration           Exercise/ Conversion Period                         rights that may be                                % of voting            
  instrument                                    date                                                                     acquired if the                                   rights                 
                                                                                                                         instrument is                                                            
                                                                                                                         exercised/ converted.                                                    
                                                                                                                                                                                                  
                                                                                                                                                                                                  
  C: Financial Instruments with similar economic effect to Qualifying Financial Instruments                                                                                                       
  Resulting situation after the triggering transaction                                                                                                                                            
                                                                                                                                                                                                  
  Type of financial                   Exercise price      Expiration date       Exercise/                  Number of voting rights instrument refers to            % of voting rights             
  instrument                                                                    Conversion period                                                                                                 
                                                                                                                                                                                                  
                                                                                                                                                                   Nominal                 Delta  
                                                                                                                                                                                                  
                                                                                                                                                                                                  
                                                                                                                                                                                                  
  Total (A+B+C)                                                                                                                                                                                   
  Number of voting rights                                                                         Percentage of voting rights                                                                     
                                                                                                  3.97                                                                                            
  7,825,145                                                                                                                                                                                       
                                                                                                                                                                                                  
  
  
 
  9. Chain of controlled undertakings through which the voting rights and/or the           
  financial instruments are effectively held, if applicable:                               
                                                                                           
  Legal & General Group Plc (Direct and Indirect) (Group)                                  
                                                                                           
  Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect)   
                                                                                           
  Legal & General Investment Management Limited (Indirect) (LGIM)                          
                                                                                           
  Legal & General Group Plc (Direct) (L&G) (7,825,145 - 3.97 % = LGAS, LGPL & PMC)         
  Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD) (7,128,254 -  
  3.61% = PMC)                                                                             
  Legal & General Insurance Holdings Limited (Direct) (LGIH)                               
  Legal & General Assurance (Pensions Management) Limited (PMC) (7,128,254 - 3.61 % = PMC) 
   Legal & General Assurance Society Limited (LGAS & LGPL)                                 
                                                                                           
  Legal & General Pensions Limited (Direct) (LGPL)                                         
                                                                                           
                                                                                           
  Proxy Voting:                                                                            
  10. Name of the proxy holder:                                N/A                         
  11. Number of voting rights proxy holder will cease          N/A                         
  to hold:                                                                                 
  12. Date on which proxy holder will cease to hold            N/A                         
  voting rights:                                                                           
                                                                                           
  13. Additional information:     Notification using the total voting rights figure of     
                                  197,096,687                                              
                                                                                           
  14. Contact name:               Helen Lewis (LGIM)                                       
  15. Contact telephone number:   020 3124 3851                                            
  
  
 
This information is provided by RNS  
  
The company news service from the London Stock Exchange  
  
  END  
  
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