Back to Regulatory news service

Notification of major interest in shares

Posted:
20/9/2012

RNS Number: 7574M
IG Group Holdings plc
20 September 2012

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: IG Group Holdings Plc

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): Due to a company reorganisation, Capital Research and Management Company (“CRMC”) and Capital Group International, Inc. (“CGII”) will no longer report relevant holdings under management separately.  Instead the relevant holdings under management by CRMC and CGII will be reported in aggregate by The Capital Group Companies, Inc. (“CGC”).  It is solely for this reason (and not as a result of any additional acquisition or disposal) that CGC is reporting this aggregated holding. X

3. Full name of person(s) subject to the notification obligation: The Capital Group Companies, Inc.

4. Full name of shareholder(s) (if different from 3.): See Schedule A

5. Date of the transaction and date on which the threshold is crossed or reached: 3 September 2012

6. Date on which issuer notified: 19 September 2012

7. Threshold(s) that is/are crossed or reached: Above 4%

8. Notified details:

A: Voting rights attached to shares 

Class/type of shares if possible using the ISIN CODE

Ordinary GBP0.00005

Situation previous to the triggering transaction

Number of shares
16,860,700

Number of Voting Rights
16,860,700 

Resulting situation after the triggering transaction

Number of Shares

Direct 

Indirect
16,860,700

Number of voting rights

Direct

Indirect
16,860,700

% of  voting rights

Direct

Indirect
4.6408%

Below 3%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument n/a

Expiration date

Exercise/Conversion Period

Number of voting rights that may be acquired if the instrument is exercised/ converted

% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments 

Resulting situation after the triggering transaction

Type of financial instrument n/a

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
16,860,700

Percentage of voting rights
4.6408%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: See Schedule A

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 of  363,315,023 

14. Contact name: 
Bridget Messer 
Company Secretary 
IG Group Holdings plc

15. Contact telephone number: +44 (0)20 7896 0011

Schedule A

As of 3 September 2012
IG Group Holdings plc

The Capital Group Companies, Inc. (“CG”) holdings

Number of Shares 16,860,700 
Percent of Outstanding 4.641%

Holdings by CG Management Companies and Funds:

• Capital Research and Management Company 

Number of Shares 16,860,700 
Percent of Outstanding 4.641%

• The Income Fund of America