Promethean PLC Holding in Company (9867E)

TIDMPTH
RNS Number : 9867E
Promethean PLC
16 April 2014
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or the underlying               Promethean PLC 
  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 
-----------------------------------------------------------------------------------------  -------- 
 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        Acquisition of Scottish Widows Investment Partnership                    X 
  specify):            Group Limited from Lloyds Banking Group on 31 
                       March 2014. 
-------------------  --------------------------------------------------------------------  -------- 
 3. Full name of person(s) subject               Aberdeen Asset Managers Limited (and/or 
  to the                                          acting for its affiliates) as discretionary 
  notification obligation: (iii)                  investment manager on behalf of multiple 
                                                  portfolios 
----------------------------------------------  --------------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
----------------------------------------------  --------------------------------------------------- 
 5. Date of the transaction and date             31 March 2014 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
----------------------------------------------  --------------------------------------------------- 
 6. Date on which issuer notified:               16 April 2014 
----------------------------------------------  --------------------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                             22% 
----------------------------------------------  --------------------------------------------------- 
 
 
 
 8. Notified details: 
-------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
-------------------------------------------------------------------------------------------------------------------------- 
 Class/type      Situation previous                Resulting situation after the triggering 
 of               to the triggering                 transaction 
 shares           transaction 
 
 if possible 
 using 
 the ISIN CODE 
--------------  --------------------------------  ------------------------------------------------------------------------ 
                 Number            Number          Number        Number of voting            % of voting rights 
                  of                of              of shares     rights                      (x) 
                  Shares            Voting 
                                    Rights 
--------------  ----------------  --------------  ------------  --------------------------  ------------------------------ 
                                                                 Direct          Indirect    Direct         Indirect 
                                                                  (xi)            (xii) 
--------------    -----  -------  ----  --------  ------------  --------------  ----------  -------------  --------------- 
 
 
  GB00B08H5G38   0                 0               9,995,000                     9,995,000                  22.12% 
                ----------------  --------------  ------------  --------------  ----------  -------------  --------------- 
 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of financial        Expiration     Exercise/                      Number of voting              % of voting 
  instrument               date (xiii)    Conversion Period              rights that may               rights 
                                          (xiv)                          be 
                                                                         acquired if the 
                                                                         instrument is 
                                                                         exercised/ converted. 
-----------------------  -------------  -----------------------------  ----------------------------  --------------------- 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments (xv, xvi) 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of           Exercise        Expiration      Exercise/          Number of voting           % of voting rights 
 financial          price           date (xvii)     Conversion         rights instrument          (xix, xx) 
 instrument                                         period (xviii)     refers to 
----------------  --------------  --------------  -----------------  -------------------------  -------------------------- 
                                                                                                   Nominal     Delta 
----------------  --------------  --------------  -----------------  -------------------------  ------------  ------------ 
 
 
 Total (A+B+C) 
-------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                       Percentage of voting rights 
------------------------------------------------------------  ------------------------------------------------------------ 
 9,995,000                                                     22.12% 
------------------------------------------------------------  ------------------------------------------------------------ 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
-------------------------------------------------------------------------------- 
 
 
 Proxy Voting: 
-------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
---------------------------------------------------  --------------------------- 
 11. Number of voting rights proxy holder will 
  cease 
  to hold: 
---------------------------------------------------  --------------------------- 
 12. Date on which proxy holder will cease to 
  hold 
  voting rights: 
---------------------------------------------------  --------------------------- 
 
 
  13. Additional information: 
----------------------------------------  -------------------------------------- 
 14. Contact name:                         Kirsty Lyons 
----------------------------------------  -------------------------------------- 
 15. Contact telephone number:             01224 404111 
----------------------------------------  --------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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