(PRU.L) Prudential PLC Buy/Sell

RNS Number : 8444B Low & Bonar PLC 03 November 2009

TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Low & Bonar PLC

2. Reason for the notification (please place an X inside the appropriate bracket/s):

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) subject to the notification obligation:

Prudential plc group of companies

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

Registered Holder Holding %
Prudential plc 35,580,455 12.35
ORD GBP 0.05 0536301
NORTRUST NOMINEE LTD A/C MHF01 36,553
NORTURST NOMINEE LTD A/C MKM01 4,145,845
NORTRUST NOMS LTD 9,053,655
NORTRUST NOMS LTD A/C MVA01 2,636,323
NORTRUST NOMS LTD A/C MVB01 2,081,131
NORTRUST NOMS LTD A/C PUC01 1,877,894
NORTRUST NOMS LTD A/C PUQ01 4,334,291
PRUCLT HSBC GIS NOM(UK) PAC AC 8,867,064
PRUCLT HSBC GIS NOM(UK) PPL AC 2,547,699
M&G Group Limited 0536301 35,580,455 12.35
ORD GBP 0.05 NORTURST NOMINEE LTD A/C MHF01 36,553
NORTURST NOMINEE LTD A/C MKM01 4,145,845
NORTRUST NOMS LTD 9,053,655
NORTRUST NOMS LTD A/C MVA01 2,636,323
NORTRUST NOMS LTD A/C MVB01 2,081,131
NORTRUST NOMS LTD A/C PUC01 1,877,894
NORTRUST NOMS LTD A/C PUQ01 4,334,291
PRUCLT HSBC GIS NOM(UK) PAC AC 8,867,064
PRUCLT HSBC GIS NOM(UK) PPL AC 2,547,699
M&G Investment Management 0536301 35,543,902 12.34

Limited
ORD GBP 0.05 NORTURST NOMINEE LTD A/C MKM01 4,145,845
NORTRUST NOMS LTD 9,053,655
NORTRUST NOMS LTD A/C MVA01 2,636,323
NORTRUST NOMS LTD A/C MVB01 2,081,131
NORTRUST NOMS LTD A/C PUC01 1,877,894
NORTRUST NOMS LTD A/C PUQ01 4,334,291
PRUCLT HSBC GIS NOM(UK) PAC AC 8,867,064
PRUCLT HSBC GIS NOM(UK) PPL AC 2,547,699
M&G Limited 0536301 35,580,455 12.35
ORD GBP 0.05 NORTURST NOMINEE LTD A/C MHF01 36,553
NORTURST NOMINEE LTD A/C MKM01 4,145,845
NORTRUST NOMS LTD 9,053,655
NORTRUST NOMS LTD A/C MVA01 2,636,323
NORTRUST NOMS LTD A/C MVB01 2,081,131
NORTRUST NOMS LTD A/C PUC01 1,877,894
NORTRUST NOMS LTD A/C PUQ01 4,334,291
PRUCLT HSBC GIS NOM(UK) PAC AC 8,867,064
PRUCLT HSBC GIS NOM(UK) PPL AC 2,547,699
Prudential Unit Trusts Limited 0536301 15,265,840 5.30
ORD GBP 0.05 NORTRUST NOMS LTD 9,053,655
NORTRUST NOMS LTD A/C PUC01 1,877,894
NORTRUST NOMS LTD A/C PUQ01 4,334,291
The Prudential Assurance 0536301 11,414,763 3.96

Company Limited
ORD GBP 0.05 PRUCLT HSBC GIS NOM(UK) PAC AC 8,867,763
PRUCLT HSBC GIS NOM(UK) PPL AC 2,547,699

5. Date of the transaction (and date on which the threshold is crossed or reached if different):

30 October 2009

6. Date on which issuer notified:

2 November 2009

7. Threshold(s) that is/are crossed or reached

See item 13

8. Notified details:

A: Voting rights attached to shares

Class/type of shares if Situation previous to the Triggering transaction

possible using the ISIN CODE
Number of shares Number of voting Rights
GB0005363014 35,696,727 35,696,727

Resulting situation after the triggering transaction

Class/type of shares if Number of shares Number of voting rights % of voting rights

possible using the ISIN CODE
Direct Direct Indirect Direct Indirect
GB0005363014 35,580,455 35,580,455 N/A 12.35 N/A

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument Expiration Date Exercise/Conversion Number of voting % of voting rights
Period/ Date rights that may be
acquired if the
instrument is
exercised/
converted.

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

Resulting situation after the triggering transaction

Type of financial instrument Exercise price Expiration Date Exercise/Conversion Number of voting % of voting rights
Period rights instrument
refers to NominalDelta

Total (A+B+C) Number of voting rights % of voting rights
35,580,455 12.35

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

Prudential plc (Parent Company)

M&G Group Limited (wholly owned subsidiary of Prudential plc)

M&G Limited (wholly owned subsidiary of M&G Group Limited)

M&G Investment Management Limited (wholly owned subsidiary of M&G Limited)

Prudential Unit Trusts Limited (wholly owned subsidiary of M&G Limited)

The Prudential Assurance Company Limited (wholly owned subsidiary of Prudential plc)

Proxy Voting:

10. Name of the proxy holder:

N/A

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:

As per 5.1.2, the non-exempt holdings for Prudential plc have dropped below 4% triggering this notification.

14. Contact name:

Matthew Joy, Company Secretary, Low & Bonar plc

15. Contact telephone number:

0207 535 3180

This information is provided by RNS The company news service from the London Stock Exchange

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