Regulatory News

REG - Next PLCLegal & General Grp - Holding(s) in Company
Released: 04/02/2010

 
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RNS Number : 6838G
Next PLC
04 February 2010 
 
 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 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 the                                                                                                                          Legal & General Group Plc (L&G)                                
 notification obligation:                                                                                                                                                                                                         
 4. Full name of shareholder(s)                                                                                                                                    Legal & General Assurance (Pensions Management) Limited (PMC)  
  (if different from 3.):                                                                                                                                                                                                         
 5. Date of the transaction and date on                                                                                                                            1 February 2010                                                
 which the threshold is crossed or                                                                                                                                                                                                
 reached:                                                                                                                                                                                                                         
 6. Date on which issuer notified:                                                                                                                                 3 February 2010                                                
 7. Threshold(s) that is/are crossed or                                                                                                                            L&G (From 3% to 4%)                                            
 reached:                                                                                                                                                                                                                         
                                                                                                                                                                                                                                        
 
 
5. Date of the transaction and date on
which the threshold is crossed or
reached: 
 
1 February 2010 
 
6. Date on which issuer notified: 
 
3 February 2010 
 
7. Threshold(s) that is/are crossed or
reached: 
 
L&G (From 3% to 4%) 
 
 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                                                Number of voting        % of  voting rights                           
 of                                                                                         of                           of shares                                             rights                                                                
 Shares                                                                                     Voting                                                                                                                                                   
                                                                                            Rights                                                                                                                                                   
 Direct                                                                                     Indirect                     Direct                                                Indirect                
 ORD GBP 0.10 GB0032089863                                                                  7,609,633 (as of 1.2.2010)   7,717,074                                             7,717,074                                                             4.04%                      
                                                                                            
 B: Qualifying Financial Instruments                                                        
 Resulting situation after the triggering transaction                                       
 Type of financial                                                                          Expiration                   Exercise/                                             Number of voting        % of voting                                   
 instrument                                                                                 date                         Conversion Period                                     rights that may be      rights                                        
                                                                                                                                                                               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 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  
 7,717,074                                                                                  4.04%                        
                                                                                                                                                                                                                                                                                                    
 
 
% of voting rights 
 
Nominal 
 
Delta 
 
Total (A+B+C) 
 
Number of voting rights 
 
Percentage of voting rights 
 
7,717,074 
 
4.04% 
 
 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) (7,717,074 - 4.04 % = LGAS, LGPL & PMC) Legal & General Investment Management   
 (Holdings) Limited (Direct) (LGIMHD) (7,018,283 - 3.67 % = PMC)   Legal & General Insurance Holdings Limited (Direct) (LGIH)  Legal & General Assurance (Pensions         
 Management) Limited  (PMC) (7,018,283 - 3.67 % = 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 190,928,605  
 14. Contact name:                                                                                                                                                         Helen Lewis (LGIM)                                                
 15. Contact telephone number:                                                                                                                                             020 3124 3851                                                     
                                                                                                                                                                                                                                               
 
 
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
to hold: 
 
N/A 
 
12. Date on which proxy holder will cease to hold
voting rights: 
 
N/A 
 
13. Additional information: 
 
Notification using the total voting rights figure of 
 
190,928,605 
 
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 
 

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