TIDMSAA TIDMAV.

RNS Number : 9789K

M&C Saatchi PLC

27 September 2016

 
 For filings with the FCA 
  include the annex 
 For filings with issuer exclude 
  the annex 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
--------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                       M&C Saatchi plc 
  the underlying 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 
  specify): 
-----------------------------------------------------------  -------  ----------------------------- 
 3. Full name of person(s)                                      Aviva plc & its subsidiaries 
  subject to the 
  notification obligation: 
  (iii) 
-------------------------------------------------------------  ------------------------------------ 
 
 
 
 4. Full name of shareholder(s)        Registered Holder: 
  (if different from 3.):(iv) 
                                        BNY Norwich Union Nominees 
                                        Limited 359,999* 
                                        Chase (GA Group) Nominees 
                                        Limited 4,380,329* 
 
                                        Chase Nominees Limited 45,822* 
 
                                        CUIM Nominee Limited 258,039* 
                                        Available on request 2,707* 
 
                                        *denotes direct interest 
                                        Chase Nominees Limited 170,031 
 
                                        Vidacos Nominees Limited 
                                        322,748 
-------------------------------  ------------------------------------- 
 5. Date of the transaction       22 September 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-------------------------------  ------------------------------------- 
 6. Date on which issuer          23 September 2016 
  notified: 
-------------------------------  ------------------------------------- 
 7. Threshold(s) that is/are      7% to 6% Change at Direct 
  crossed or                       Interest Level. (Box 8A & 
  reached: (vi, vii)               8B) 
-------------------------------  ------------------------------------- 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------ 
 Class/type           Situation previous                Resulting situation after 
  of                   to the triggering                 the triggering transaction 
  shares               transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
-------------------  --------------------------------  ----------------------------------------------------- 
                      Number               Number       Number      Number of              % of voting 
                       of                   of           of          voting                 rights (x) 
                       Shares               Voting       shares      rights 
                                            Rights 
-------------------  -------------------  -----------  ----------  ---------------------  ------------------ 
                                                        Direct      Direct      Indirect   Direct   Indirect 
                                                                     (xi)        (xii) 
-------------------  -------------------  -----------  ----------  ----------  ---------  -------  --------- 
 Ordinary 
  Shares 
 
 
  GB00B01F7T14        5,722,122*           5,722,122*   5,539,675   5,046,896   492,779    6.92%    0.68% 
                     -------------------  -----------  ----------  ----------  ---------  -------  --------- 
 
 
   * Includes Right to recall loaned shares (51,879) 
------------------------------------------------------------------------------------------------------------ 
 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. 
-------------------  -------------------  -----------------------  ---------------------  ------------------ 
                                                                    39,779* 
 RIGHT TO RECALL 
  LOANED SHARES       N/A                  N/A                       * Direct Interest     0.05% 
-------------------  -------------------  -----------------------  ---------------------  ------------------ 
 
 
 
 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 
------------------------  ---------------------------- 
 5,579,454                 7.65% 
------------------------  ---------------------------- 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
-------------------------------------------------------------------------------------- 
                                 The voting rights are managed and controlled by Aviva 
                               Investors Global Services Limited and Friends Provident 
                         International Limited, with the following chain of controlled 
                                                                        undertakings:- 
 
                                              Aviva Investors Global Services Limited: 
                                                       *    Aviva plc (Parent Company) 
 
 
                            *    Aviva Group Holdings Limited (wholly owned subsidiary 
                                                                         of Aviva plc) 
 
 
                                   *    Aviva Investors Holdings Limited (wholly owned 
                                           subsidiary of Aviva Group Holdings Limited) 
 
 
                            *    Aviva Investors Global Services Limited (wholly owned 
                                       subsidiary of Aviva Investors Holdings Limited) 
 
 
 
                                              Friends Provident International Limited: 
                                                       *    Aviva plc (Parent Company) 
 
 
                            *    Aviva Group Holdings Limited (wholly owned subsidiary 
                                                                         of Aviva plc) 
 
 
                                     *    Aviva Life Holdings UK Limited (wholly owned 
                                           subsidiary of Aviva Group Holdings Limited) 
 
 
                             *    Friends Life FPG Limited (wholly owned subsidiary of 
                                                       Aviva Life Holdings UK Limited) 
 
 
                             *    Friends Life FPL Limited (wholly owned subsidiary of 
                                                             Friends Life FPG Limited) 
 
 
                                 *    Friends Life Limited (wholly owned subsidiary of 
                                                             Friends Life FPL Limited) 
 
 
                                  *    Friends Life and Pensions Limited (wholly owned 
                                                   subsidiary of Friends Life Limited) 
 
 
                            *    Friends Provident International Limited (wholly owned 
                                      subsidiary of Friends Life and Pensions Limited) 
 
 Proxy Voting: 
-------------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                        See Section 4 
---------------------------------------------------  --------------------------------- 
 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:                        Figures are based on a total 
                                                     number of voting rights of 
                                                     72,980,738 as per the Company's 
                                                     Additional Listing and Total 
                                                     Voting Rights Announcement 
                                                     of 23 August 2016. 
-------------------------------------------------  ----------------------------------- 
 
 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLLLFFVADIDFIR

(END) Dow Jones Newswires

September 27, 2016 09:31 ET (13:31 GMT)

M&c Saatchi (LSE:SAA)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more M&c Saatchi Charts.
M&c Saatchi (LSE:SAA)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more M&c Saatchi Charts.