On 17:45 GMT, Monday 2 November 2009
RNS Number : 8103B
Phoenix IT Group PLC
02 November 2009
Financial Services Authority
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
|
|
1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:
| Phoenix IT Group Plc |
2.Reason for the notification(please tick the appropriate box or boxes): |
An acquisition or disposal of voting rights | Yes |
An acquisition or disposal ofqualifyingfinancial instruments which may result in theacquisition of shares already issuedto 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) subject to the
notification obligation: | Legal ∓ General Group Plc (L∓G) |
4. Full name of shareholder(s)
(if differentfrom 3.): | Legal ∓ General Assurance Society Limited (LGAS ∓ LGPL) |
5. Date of the transaction and date on
which the threshold is crossed or
reached:
| 30 October 2009 |
6.Date on which issuer notified: | 02 November 2009 |
7. Threshold(s) that is/are crossed or
reached:
| From 6% - 5% (L∓G) |
8. Notified details:
|
A: Voting rights attached to shares |
Class/type of
shares
if possible using
the ISIN CODE
| Situation previous
to thetriggering
transaction | Resulting situation after the triggering transaction |
Number
of
Shares | Number
of
Voting
Rights |
Number
of shares | Number of voting
rights | % of voting rights |
Direct | Indirect | Direct | Indirect |
ORD
GBP 0.01 | 4,576,779 | 4,576,779 | 4,360,679 | 4,360,679 |
| 5.80 |
|
|
B:QualifyingFinancial Instruments |
Resulting situation after the triggering transaction |
Type of financial
instrument |
Expiration
date |
Exercise/
Conversion Period | Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted. |
% of voting
rights |
|
|
|
|
|
|
C:FinancialInstruments with similar economic effect to QualifyingFinancialInstruments |
Resulting situation after the triggering transaction |
Type of financial
instrument
|
Exercise price |
Expiration date |
Exercise/
Conversion period |
Number of voting rights instrument refers to
|
% of voting rights
|
|
|
|
|
| Nominal | Delta |
|
|
|
Total (A+B+C) |
Number of voting rights | Percentageof voting rights |
4,360,679
| 5.80 |
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) (6,067,697 - 8.07% = Total Position) |
|
Legal ∓ General InvestmentManagement (Holdings) Limited (LGIMH)(Direct and Indirect)(6,067,697 - 8.07% = Total Position) |
|
Legal ∓ General Investment Management Limited (Indirect)(LGIM)(6,067,697 - 8.07% = Total Position) |
|
Legal ∓ General Group Plc (Direct)(L∓G) (4,360,679 - 5.80% = LGAS, LGPL ∓ PMC) |
Legal ∓ General Investment Management(Holdings) Limited (Direct) (LGIMHD) | Legal ∓ General Insurance Holdings Limited(Direct)(LGIH)(2,535,688 - 3.37% = LGAS ∓ LGPL) |
Legal ∓ General Assurance (Pensions Management) Limited (PMC) | Legal ∓ General Assurance Society Limited (LGAS ∓ LGPL)(2,535,688 - 3.37 % = 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 cease
to hold: | N/A |
12. Date on which proxy holder will cease to hold
voting rights: | N/A |
|
13. Additional information:
| Notification using the total voting rights figure of75,171,874 |
14. Contact name: | Helen Lewis (LGIM) |
15. Contact telephone number: | 020 3124 3851 |
This information is provided by RNS
The company news service from the London Stock Exchange
ENDHOLUUUBRKORARAA
