Morgan Advanced Materials PLC Holding(s) in Company (9742B)
June 22 2016 - 6:59AM
UK Regulatory
TIDMMGAM TIDMPRU
RNS Number : 9742B
Morgan Advanced Materials PLC
22 June 2016
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
----------------------------------------------------------------------------------------------
1. Identity of the issuer or Morgan Advanced Materials
the underlying issuer Plc
of existing shares to which
voting rights are
attached: (ii)
---------------------------------------------------------- ----------------------------------
2 Reason for the notification (please tick the appropriate
box or boxes):
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An acquisition or disposal of voting rights X
---------------------------------------------------------- ----------------------------------
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) Prudential plc group of companies
subject to the
notification obligation:
(iii)
---------------------------------------------------------- ----------------------------------
4. Full name of shareholder(s) Prudential plc
(if different from 3.):(iv) The Prudential Assurance Company
Limited
M&G Group Limited
M&G Investment Management
Limited
M&G Limited
---------------------------------------------------------- ----------------------------------
5. Date of the transaction 20 June 2016
and date on
which the threshold is
crossed or
reached: (v)
---------------------------------------------------------- ----------------------------------
6. Date on which issuer 21 June 2016
notified:
---------------------------------------------------------- ----------------------------------
7. Threshold(s) that is/are
crossed or
reached: (vi, vii) 10%-9%
---------------------------------------------------------- ----------------------------------
8. Notified details:
---------------------------------------------------------------------------------------------------------------------------
A: Voting rights attached to shares (viii, ix)
---------------------------------------------------------------------------------------------------------------------------
Class/type Situation previous Resulting situation after the
of to the triggering triggering transaction
shares transaction
if possible
using
the ISIN
CODE
------------------- ---------------------------------- ------------------------------------------------------------------
Number Number Number Number of % of voting
of of of shares voting rights (x)
Shares Voting rights
Rights
------------------- ---------------- ---------------- -------------- ----------------------- -------------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
------------------- ------------ ------------ -------------- --------- ------------ ------------ -----------
ORD GBP
0.25
GB0006027295 28,764,482 28,764,482 28,462,366 0 28,462,366 0 9.97%
------------------- ---------------- ---------------- -------------- --------- ------------ ------------ -----------
B: Qualifying Financial Instruments
---------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
---------------------------------------------------------------------------------------------------------------------------
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date Conversion rights that rights
(xiii) Period (xiv) may be
acquired if
the
instrument
is
exercised/
converted.
----------------------- -------------- -------------------------------- ------------------------- ---------------------
ORD GBP 0.25 13,254 0.00%
GB0006027295
(Right of Recall)
----------------------- -------------- -------------------------------- ------------------------- ---------------------
C: Financial Instruments with similar economic effect
to Qualifying Financial Instruments (xv, xvi)
---------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
---------------------------------------------------------------------------------------------------------------------------
Type of financial Exercise Expiration Exercise/ Number of voting % of voting
instrument price date Conversion rights instrument rights (xix,
(xvii) period refers to xx)
(xviii)
--------------------- -------------- -------------- ---------------- ------------------------- -----------------------
Nominal Delta
--------------------- -------------- -------------- ---------------- ------------------------- ------------ ---------
Total (A+B+C)
---------------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
--------------------------------------------------------- ----------------------------------------------------------------
28,475,620 9.97%
--------------------------------------------------------- ----------------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
-------------------------------------------------------------------------------------------
Prudential plc (parent Company) - 28,475,620 (9.97%)
The Prudential Assurance Company Limited (wholly owned
subsidiary of Prudential plc) - 13,084,792 (4.58%)
M&G Group Limited (wholly owned subsidiary of Prudential
plc) - 28,475,620 (9.97%)
M&G Investment Management Limited (wholly owned subsidiary
of M&G Limited) - 28,475,620 (9.97%)
M&G Limited (wholly owned subsidiary of M&G Group Limited)
- 28,475,620 (9.97%)
Proxy Voting:
-------------------------------------------------------------------------------------------
10. Name of the proxy holder: N/A
-------------------------------------------------------- ---------------------------------
11. Number of voting rights proxy N/A
holder will cease to hold:
-------------------------------------------------------- ---------------------------------
12. Date on which proxy holder will N/A
cease to hold voting rights:
-------------------------------------------------------- ---------------------------------
13. Additional information: Prudential plc has moved
from a 10% to a 9% indirect
notifiable interest, excluding
the right of recall under
the Qualifying Financial
Instruments.
-------------------------------------------------------- ---------------------------------
14. Contact name: Stephanie Mackie
-------------------------------------------------------- ---------------------------------
15. Contact telephone number: 01753 837 000
-------------------------------------------------------- ---------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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