Holding(s) in Company
September 21 2010 - 5:26AM
UK Regulatory
TIDMCYAN
RNS Number : 0256T
Cyan Holdings Plc
21 September 2010
+----------------+--------------------+------+----------------------------+--------+
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
+----------------------------------------------------------------------------------+
| | |
+--------------------------------------------+-------------------------------------+
| 1. Identity of the issuer or the | Cyan Holdings Plc |
| underlying issuer | |
| 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 | Yes |
+-------------------------------------------------------------------------+--------+
| | | |
| Other (please | | |
| specify): | | |
| | | |
+----------------+--------------------------------------------------------+--------+
| 3. Full name of person(s) subject | Legal & General Group Plc (Group) |
| to the | |
| notification obligation: | Legal & General Investment Management |
| | Limited (LGIM) |
| | |
| | Legal & General Group Plc (L&G) |
+-------------------------------------+--------------------------------------------+
| 4. Full name of shareholder(s) | Legal & General Assurance Society Limited |
| (if different from 3.): | (LGAS & LGPL) |
+-------------------------------------+--------------------------------------------+
| | 17 September 2010 |
| 5. Date of the transaction and date | |
| on | |
| which the threshold is crossed or | |
| reached: | |
| | |
+-------------------------------------+--------------------------------------------+
| 6. Date on which issuer notified: | 20 September 2010 |
+-------------------------------------+--------------------------------------------+
| 7. Threshold(s) that is/are crossed | L&G Group (Above 5%) |
| or | |
| reached: | LGIM (Above 5%) |
| | |
| | L&G (Above 3%) |
+-------------------------------------+--------------------------------------------+
| | | | | |
+----------------+--------------------+------+----------------------------+--------+
+------------+--------+--------+------+-----+--------+---+------------+----------+------+----------+---------+-------+-------------+
| 8. Notified details: |
| |
+----------------------------------------------------------------------------------------------------------------------------------+
| A: Voting rights attached to shares |
+----------------------------------------------------------------------------------------------------------------------------------+
| Class/type | Situation previous | Resulting situation after the triggering transaction |
| of | to the triggering | |
| shares | transaction | |
| if | | |
| possible | | |
| using | | |
| the ISIN | | |
| CODE | | |
+ +---------------------------------------+-----------------------------------------------------------------------------+
| | Number | Number | | Number of voting | % of voting |
| | of | of | Number | rights | rights |
| | Shares | Voting | of shares | | |
| | | Rights | | | |
+ + + + +----------------------------+-------------------------------+
| | | | | Direct |Indirect | Direct | Indirect |
+------------+-----------------+---------------------+----------------+-----------------+----------+-----------------+-------------+
| Ordinary | Below 3% | 90,000,000 | 90,000,000 | - | 9.76% | 0.00% |
| GBP | L&G | | | | | |
| 0.002p | | | | | | |
+ +---------------------------------------+ + + + + +
| | Below 5% | | | | | |
| | LGIM | | | | | |
+ +---------------------------------------+ + + + + +
| | (As on First notification under DTR | | | | | |
| | Source Book) | | | | | |
+------------+---------------------------------------+----------------+-----------------+----------+-----------------+-------------+
| |
+----------------------------------------------------------------------------------------------------------------------------------+
| B: Qualifying Financial Instruments |
+----------------------------------------------------------------------------------------------------------------------------------+
| Resulting situation after the triggering transaction |
+----------------------------------------------------------------------------------------------------------------------------------+
| | | | Number of voting | |
| Type of financial | Expiration | Exercise/ | rights that may | % of voting |
| instrument | date | Conversion Period | 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 | Exercise | Expiration date | Exercise/ | Number of voting | % of voting rights |
| financial | price | | Conversion | rights instrument | |
| instrument | | | period | refers to | |
| | | | | | |
+---------------------+---------------+------------------+------------+----------------------------+-------------------------------+
| | | | | | Nominal | Delta |
| | | | | | | |
+ + + + + +-----------------+-------------+
| | | | | | | |
+---------------------+---------------+------------------+------------+----------------------------+-----------------+-------------+
| |
| |
| |
| |
+----------------------------------------------------------------------------------------------------------------------------------+
| Total (A+B+C) |
+----------------------------------------------------------------------------------------------------------------------------------+
| Number of voting rights | Percentage of voting rights |
+---------------------------------------------------------------------+------------------------------------------------------------+
| | 9.76% |
| 90,000,000 | |
| (L&G) | |
| | |
+---------------------------------------------------------------------+------------------------------------------------------------+
| 90,000,000 | 9.76% |
| (LGIM) | |
+---------------------------------------------------------------------+------------------------------------------------------------+
| | | | | | | | | | | | | | |
+------------+--------+--------+------+-----+--------+---+------------+----------+------+----------+---------+-------+-------------+
+--------------------------------------+-----------+------------------------------+
| 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) ( 90,000,000 -9.76%= Total Position) |
| Legal & General Investment Management (Holdings) |
| Limited (LGIMH) (Direct and Indirect) ( |
| 90,000,000 - 9.76%= Total Position) |
| Legal & General Investment Management Limited |
| (Indirect) (LGIM) ( 90,000,000 - 9.76%= Total |
| Position) |
| Legal & General Group Plc (Direct) (L&G) ( 90,000,000 - 9.76%=LGAS, LGPL & |
| PMC) |
| Legal & General Investment Management Legal & General Insurance Holdings |
| (Holdings) Limited (Direct) (LGIMHD) Limited (Direct) (LGIH) ( 90,000,000 |
| - 9.76%= LGAS & LGPL) |
| Legal & General Assurance (Pensions Legal & General Assurance Society |
| Management) Limited (PMC) Limited (LGAS & LGPL) ( 90,000,000 |
| - 9.76%= 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 | N/A |
| cease | |
| to hold: | |
+--------------------------------------------------+------------------------------+
| 12. Date on which proxy holder will cease to | N/A |
| hold | |
| voting rights: | |
+--------------------------------------------------+------------------------------+
| |
| |
| |
+---------------------------------------------------------------------------------+
| 13. Additional information: | Notification using the total voting |
| | rights figure of 922,115,992 |
+--------------------------------------+------------------------------------------+
| 14. Contact name: | Paul Toon (LGIM) |
+--------------------------------------+------------------------------------------+
| 15. Contact telephone number: | 020 3124 3854 |
+--------------------------------------+------------------------------------------+
| | | |
+--------------------------------------+-----------+------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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