Holding(s) in Company (4833M)
August 16 2011 - 12:07PM
UK Regulatory
TIDMCYAN TIDMLGEN
RNS Number : 4833M
Cyan Holdings Plc
16 August 2011
Financial Services Authority
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
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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):
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An acquisition or disposal of voting rights Yes
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An acquisition or disposal of qualifying financial instruments
which may result in the acquisition of shares already issued to
which voting rights are attached.
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An acquisition or disposal of instruments with similar economic
effect to qualifying financial instruments
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An event changing the breakdown of voting rights
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Other (please
specify):
-------------- ---------------------------------------------------- --------
3. Full name of person(s) subject Legal & General Group Plc (Group)
to the Legal & General Investment Management
notification obligation: 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)
---------------------------------- ------------------------------------------
5. Date of the transaction and 15 August 2011
date on which the threshold is
crossed or reached:
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6. Date on which issuer notified: 16 August 2011
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7. Threshold(s) that is/are LGIM (Above 10%) L&G (From 9% to 10%)
crossed or reached:
---------------------------------- ------------------------------------------
8. Notified details:
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A: Voting rights attached to shares
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Class/type
of shares
if possible Situation previous
using the to the triggering
ISIN CODE transaction Resulting situation after the triggering transaction
------------ ------------------------------------- -----------------------------------------------------------------
Number
Number of
of Voting Number Number of voting
Shares Rights of shares rights % of voting rights
------------ -------------- --------------------- --------------- ------------------------- ---------------------
Direct Indirect Direct Indirect
------------ ------ ------ ------ -------- --- ----------- -------------- --------- -------- -----------
Ordinary 90,000,000
GBP 0.002p L&G 108,461,538 108,461,538 - 10.80% 0.00%
------------ ------------------------------------- --------------- -------------- --------- -------- -----------
90,000,000
LGIM
------------------------------------- ----------- ----- ------- --------- -------- -----------
(As on 20/09/2010)
------------------------------------- ----------- ----- ------- --------- -------- -----------
B: Qualifying Financial Instruments
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Resulting situation after the triggering transaction
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Number of voting
rights that may
be acquired if
the instrument is
Type of financial Expiration Exercise/ exercised/ % of voting
instrument date Conversion Period converted. rights
---------------------------- ---------------- --------------------------- ------------------ ---------------------
C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments
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Resulting situation after the triggering transaction
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Exercise/ Number of voting
Type of financial Exercise Expiration Conversion rights instrument
instrument price date period refers to % of voting rights
-------------------- -------------- ----------------- ----------- ------------------------- ---------------------
Nominal Delta
-------------------- -------------- ----------------- ----------- ------------------------- -------- -----------
Total (A+B+C)
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Number of voting rights Percentage of voting rights
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108,461,538
(L&G) 10.80%
-------------------------------------------------------------------- ------------------------------------------------
108,461,538
(LGIM) 10.80%
-------------------------------------------------------------------- ------------------------------------------------
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) ( 108,461,538 -10.80%= Total Position)
Legal & General Investment Management (Holdings)
Limited (LGIMH) (Direct and Indirect) (
108,461,538 - 10.80%= Total Position)
Legal & General Investment Management Limited
(Indirect) (LGIM) ( 108,461,538 - 10.80%= Total
Position)
Legal & General Group Plc (Direct) (L&G) ( 108,461,538
- 10.80%=LGAS, LGPL & PMC)
Legal & General Investment Legal & General Insurance Holdings
Management (Holdings) Limited Limited (Direct) (LGIH) ( 108,461,538 -
(Direct) (LGIMHD) 10.80%= LGAS & LGPL)
Legal & General Assurance Legal & General Assurance Society
(Pensions Management) Limited Limited (LGAS & LGPL) ( 108,461,538 -
(PMC) 10.80%= LGAS & LGPL)
Legal & General Pensions Limited
(Direct) (LGPL)
Proxy Voting:
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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
---------------------------------------------------- -----------------------------
Notification using the total voting
13. Additional information: rights figure of 1,003,607,271
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14. Contact name: Paul Toon (LGIM)
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15. Contact telephone number: 020 3124 3854
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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