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| Date/Time | Headline | Source |
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| Sat 04:10 | AFX UK Focus |
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Financial Times
BANK URGES RESTRAINT IN BOOM TIMES The Bank of England's consultation paper into the financial crisis will conclude that new discretionary tools should be considered to help smooth the peaks and troughs of the economic cycle, even if they were only introduced in Britain. The bank's report will call for stronger measures than those in the Treasury's Financial Services Bill including the creation of "macroprudential" powers to be used as an effective way of dampening future credit booms. The main tool would be raising the capital required to be held by banks in good times, with less tight capital requirements during downturns.
ASB CALLS FOR GOVERNMENT BOND PENSIONS BENCHMARK Britain's leading accountancy group, the Accounting Standards Board, has called for company pension liabilities to be discounted by an interest rate equal to that on risk-free government bonds. UK and international accounting standards currently call for pension liabilities to be discounted at a rate consistent with either high-quality or AA-rated corporate bonds. National Association of Pension Funds chief executive Joanne Segars described the ASB proposals as"extremely disappointing". The International Accounting Standards Board is thought unlikely to consider the proposals for several years.
PRIVATE BANKS SEEK HOME LOAN CASH DEPOSITS Leading UK private banks are demanding upfront cash deposits from buyers seeking mortgages in excess of one million pounds as extra security against uncertain bonus income. Brokers say some private banks now require a year's worth of mortgage interest payments in advance and that this money is ring-fenced with clients unable to draw on this money until the end of the lending facility or until conditions improve. Nigel Bedford of largemortgageloans.com said: "Banks are using this to give them a little more comfort that there is money there just in case bonuses dramatically reduce."
OPPOSITION THREATENS TO BLOCK DIGITAL REFORM BILL The Conservative and Liberal Democrat parties have threatened to block the digital economy bill unless the government makes concessions. Both opposition parties suggested on Friday that they would demand changes to legislation entered into the bill by Lord Mandelson which would affect copyright law. The Conservative party also warned that that they would oppose the reform if the government kept powers to allow the industry regulator OFCOM to use part of the licence fee to pay for regional news provided by commercial broadcasters.
FULLERS HIGHLIGHTS SECTOR SPLIT Fullers Smith & Turner reported an 18 percent increase in pre-tax profit to 14.1 million pounds for the six months to September 26, on revenue that increased from 106 million pounds to 117 million pounds. The pub group's figures highlighted a growing divide in the sector between successfully managed operators and struggling leased and tenanted ones. Mark Brumby, analyst at Astaire Securities, said Fullers fared better than many of its rivals as most of the group's pubs are in London and the southeast. Brumby said: "Food-led managed houses have generally outperformed wet-led tenanted houses and southeast England has been outperforming the north." L&G SEARCH FOR CHAIRMAN ENDS Legal & General, the UK's third-largest life and pensions company, hopes to name former National Australia Bank head John Stewart as its new chairman by the end of next week. A source close to the situation said the appointment of Stewart is subject to the approval of the Financial Services Authority and the finalisation of some contractual terms. L&G is thought to be one of the primary targets of Clive Cowdery's Resolution vehicle as it looks to consolidate the insurance sector.
GARTMORE TO CUT DEBT WITH 250 MILLION POUND IPO Asset manager Gartmore is looking to raise 250 million pounds as it makes its debut on the London Stock Exchange. The group said the proceeds of the capital-raising would be used to reduce its 400 million pound debt. Gartmore is also expected to release another tranche of shares, enabling U.S. private equity group Hellman & Friedman to sell most of its 58 percent stake. The issue is expected to be priced within the next fortnight with the listing to occur in the second or third week of December.
MORTGAGES BEFORE CURRENT ACCOUNTS AT TESCO Tesco could introduce mortgages by the end of next year as it looks to stake a claim in the UK financial services sector. However, the supermarket group told analysts Friday that current accounts may not be offered until 2011. Tesco said: "We have said that we plan over time to extend the financial services business from a collection of successful financial products to that of a full-service retail bank. We need to build the systems and infrastructure platforms to enable us to provide these services." RIO TINTO BOLSTERED BY U.S. COAL SALE Miner Rio Tinto has continued its recapitalisation drive with the 741 million dollar sale of Cloud Peak Energy, a unit that comprises most of Rio's former U.S. coal business. The deal follows the 764 million dollar sale of the Jacobs Ranch mine to Arch Coal in October. Both disposals are part of an attempt to halve net debt by the end of the year from its peak of 39.1 billion dollars on June 30. The initial public offering of Cloud Peak raised 434 million dollars; a further 307 million dollars was raised through its share of a simultaneously placed offering of debt.
NATIONWIDE LASHES OUT AT RESCUED BANKS Graham Beale, chief executive of Nationwide Building Society , has criticised the aggressive strategies of government-backed banks such as Northern Rock and Lloyds Banking Group as "seriously distorting" the savings market with "uneconomic pricing". Beale singled out National Savings & Investment's current market leading one-year bond which pays 3.95 percent interest saying: "NS&I is way outside the competitive spectrum, way, way off the scale." Nationwide revealed a 64 percent fall in underlying pre-tax profits in the six months to September, citing lower interest rates and tough competition.
Prepared for Reuters by Durrants
COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. More |
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| Fri 15:06 | RNS |
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RNS Number : 8694C CSR plc 20 November 2009 CSR plc Shareholder Notification CSR plc ("the Company") has received a notification from a registered shareholder pursuant to the FSA's Disclosure and Transparency Rules. The registered shareholder has advised that the shares held by them in the Company in which they have voting rights, comprising direct and indirect interests, are as follows: Legal & General Group Plc, through Legal & General Investment Management (Holdings) Limited Legal & General Investment Management Limited Legal & General Assurance (Pensions Management) Limited and subsidiaries held 7,193,834 ordinary shares (3.95%) Ends This information is provided by RNS The company news service from the London Stock Exchange END
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| Thu 16:06 | RNS |
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RNS Number : 8039C Spice PLC 19 November 2009 19 November 2009 Spice plc ("Spice" or "the Company") Share holding in the Company The Company was notified on 18 November 2009 by Legal & General Group plc that Legal & General Assurance (Pensions Management) Limited holds a direct interest in 13,529,649 ordinary shares of 2 pence each in Spice, representing in total 3.84 per cent of Spice's issued share capital. Ends Spice plc Tel: 0113 201 2120 Simon Rigby, Chief Executive Officer Oliver Lightowlers, Group Finance Director Julia Morton, Company Secretary Financial Dynamics Tel: 020 7831 3113 Billy Clegg Caroline Stewart KBC Peel Hunt (Broker) Tel: 020 7418 8900 Julian Blunt (Corporate finance) Matthew Tyler (Corporate broking)
NOTES TO EDITORS Spice plc Spice is a total utility infrastructure support services business. The Group's operations were founded in 1996 and have their origins in the electricity industry, although the range of activities has since been expanded into other niche areas. The Group is organised into two divisions to match its utility customer base; a Supply Division; and a Distribution Division. Spice's businesses have a common theme of delivering and co-ordinating infrastructure services to customers, and the technological element within the product mix has been built up significantly over the course of the last three years. This information is provided by RNS The company news service from the London Stock Exchange END
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| Thu 15:48 | RNS |
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RNS Number : 8022C Intertek Group PLC 19 November 2009 Intertek Group plc (the Company)
NOTIFICATION OF INTEREST IN TOTAL VOTING RIGHTS A form TR-1 containing the following information was received by the Company on 18 November 2009. Name of Company contact and telephone number for queries: Sarah Westley, Company Secretariat Administrator, 020 7396 3420
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
of existing shares to which voting rights are attached:
2. Reason for the notification (please tick the appropriate box or boxes):
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):
notification obligation:
(if different from 3.):
5. Date of the transaction and date on which the threshold is crossed or reached:
reached: 8. Notified details:
A: Voting rights attached to shares
if possible using
the ISIN CODE
GBP 0.01
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction
Total (A+B+C)
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) Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) Legal & General Investment Management Limited (Indirect) (LGIM) Legal & General Group Plc (Direct) (L&G) (6,340,736 -3.99 % = LGAS, LGPL & PMC)
Management (Holdings) Limited (Direct) (LGIH)
(Direct) (LGIMHD) (5,796,041
-3.65 % = PMC)
(PMC) (5,796,041 -3.65 % = PMC)
(LGPL)
Proxy Voting:
N/A
to hold: N/A
voting rights: N/A
13. Additional information:
020 3124 3851 This information is provided by RNS The company news service from the London Stock Exchange END
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| Thu 15:33 | RNS |
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RNS Number : 8011C Sainsbury(J) PLC 19 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: J Sainsbury 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 of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached. ( )
instruments: ( )
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 different from 3.): Legal & General Assurance (Pensions Management) Limited (PMC) 5. Date of the transaction (and date on which the threshold is crossed or reached if different): 17 November 2009 6. Date on which issuer notified: 18 November 2009 7. Threshold(s) that is/are crossed or reached: From 4% - 3% (L&G) 8. Notified details:
A: Voting rights attached to shares
possible using the ISIN CODE
Resulting situation after the triggering transaction
possible using the ISIN CODE
B: Financial Instruments Resulting situation after the triggering transaction
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction
Total (A+B+C) Number of voting rights % of voting rights
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)
Legal & General Investment Management (Holdings)
Limited (LGIMH) (Direct and Indirect)
Legal & General Investment Management Limited
(Indirect) (LGIM)
Legal & General Group Plc (Direct) (L&G) (73,949,066 - 3.99% = LGAS, LGPL
Management (Holdings) Limited (Direct) (LGIH)
(Direct) (LGIMHD)
(67,438,435-3.65%=PMC)
(PMC) (67,438,435 - 3.64% = PMC)
(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:
14. Contact name:
15. Contact telephone number:
020 3124 3851 Notes to the Forms (i) This form is to be sent to the issuer or underlying issuer and to be filed with the competent authority. (ii) Either the full name of the legal entity or another method for identifying the issuer or underlying issuer, provided it is reliable and accurate. (iii) This should be the full name of (a) the shareholder; (b) the person acquiring, disposing of or exercising voting rights in the cases provided for in DTR5.2.1 (b) to (h); (c) all the parties to the agreement referred to in DTR5.2.1 (a), or (d) the direct or indirect holder of financial instruments entitled to acquire shares already issued to which voting rights are attached, as appropriate. In relation to the transactions referred to in points DTR5.2.1 (b) to (h), the following list is provided as indication of the persons who should be mentioned:
(iv) Applicable in the cases provided for in DTR 5.2.1 (b) to (h). This should be the full name of the shareholder who is the counterparty to the natural person or legal entity referred to in DTR5.2. (v) The date of the transaction should normally be, in the case of an on exchange transaction, the date on which the matching of orders occurs; in the case of an off exchange transaction, date of the entering into an agreement. The date on which threshold is crossed should normally be the date on which the acquisition, disposal or possibility to exercise voting rights takes effect (see DTR 5.1.1R (3)). For passive crossings, the date when the corporate event took effect. (vi) Please refer to the situation disclosed in the previous notification, In case the situation previous to the triggering transaction was below 3%, please state 'below 3%'. (vii) If the holding has fallen below the minimum threshold , the notifying party should not be obliged to disclose the extent of the holding, only that the new holding is less than 3%. For the case provided for in DTR5.2.1(a), there should be no disclosure of individual holdings per party to the agreement unless a party individually crosses or reaches an Article 9 threshold. This applies upon entering into, introducing changes to or terminating an agreement. (viii) Direct and indirect (ix) In case of combined holdings of shares with voting rights attached 'direct holding' and voting rights 'indirect holdings', please split the voting rights number and percentage into the direct and indirect columns-if there is no combined holdings, please leave the relevant box blank. (x) Voting rights to shares in respect of which the notifying party is a direct shareholder (DTR 5.1) (xi) Voting rights held by the notifying party as an indirect shareholder (DTR 5.2.1) (xii) If the holding has fallen below the minimum threshold, the notifying party should not be obliged to disclose the extent of the holding, only that the new holding is below 3%. (xiii) date of maturity / expiration of the finical instrument i.e. the date when the right to acquire shares ends. (xiv) If the financial instrument has such a period-please specify the period- for example once every three months starting from the (date) (xv) The notification should include the name(s) of the controlled undertakings through which the voting rights are held. The notification should also include the amount of voting rights and the percentage held by each controlled undertaking, insofar as individually the controlled undertaking holds 5% or more, and insofar as the notification by the parent undertaking is intended to cover the notification obligations of the controlled undertaking. (xvi ) This annex is only to be filed with the competent authority. (xvii) Whenever another person makes the notification on behalf of the shareholder or the natural person/legal entity referred to in DTR5.2 and DTR5.3 This information is provided by RNS The company news service from the London Stock Exchange END
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| Thu 14:30 | RNS |
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RNS Number : 7945C Old Mutual PLC 19 November 2009 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
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 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):
notification obligation: iii
which the threshold is crossed or
reached: v
reached: vi, vii
8. Notified details:
A: Voting rights attached to shares viii, ix
if possible using
the ISIN CODE
ISIN GB0007389926
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Total (A+B+C)
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi
Legal & General Group Plc (Direct and Indirect)
(Group)
Legal & General Investment Management (Holdings)
Limited (LGIMH) (Direct and Indirect)
Legal & General Investment Management Limited
(Indirect) (LGIM)
Legal & General Group Plc (Direct) (L&G) (210,938,693 -3.9964% = LGAS,
Management (Holdings) Limited (Direct) (LGIH)
(Direct) (LGIMHD) (189,891,502
-3.59 % = PMC)
(PMC) (189,891,502 -3.59 % = PMC)
(LGPL)
Proxy Voting:
to hold:
voting rights:
13. Additional information:
020 7002 7440 This information is provided by RNS The company news service from the London Stock Exchange END
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| Thu 11:13 | RNS |
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RNS Number : 7710C Cable & Wireless PLC 19 November 2009
the underlying issuer of
existing shares to which
voting rights are attached:
appropriate box or boxes)
An acquisition or disposal of financial instruments
which may result in the acquisition of shares
already issued to which voting rights are attached
An event changing the breakdown of voting rights
Other (please
specify):___________________________________________
subject to the notification
obligation:
4. Full name of shareholder(s) Legal & General Assurance (Pensions Management) Limited (PMC)
(if different from 3.):
(and date on which the
threshold is crossed or
reached if different):
notified:
crossed or reached:
A: Voting rights attached to shares
CODE
GB0001625572
B: Financial Instruments
Resulting situation after the triggering transaction xii
N/A
Total (A+B)
Number of voting rights % of voting rights
9. Chain of controlled undertakings through which the voting rights and/or
the financial instruments are effectively held, if applicable xv:
Legal & General Group Plc (Direct and Indirect)
(Group)
Legal & General Investment Management (Holdings)
Limited (LGIMH) (Direct and Indirect)
Legal & General Investment Management Limited
(Indirect) (LGIM)
Management (Holdings) Limited (Direct) (LGIH)
(Direct) (LGIMHD) (93,346,873
- 3.62%=PMC)
(PMC) (93,346,873 - 3.62%=PMC)
(LGPL)
Proxy Voting:
13. Additional information: Notification using the total voting rights
Annex Notification Of Major Interests In Shares xvi
A: Identity of the person or legal entity subject to the notification obligation
Contact address (registered office for legal entities)
Other useful information (at least legal representative for legal persons)
Contact address
WC1R 4HQ
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)
Notes This information is provided by RNS The company news service from the London Stock Exchange END
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| Thu 11:12 | RNS |
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RNS Number : 7712C Wellstream Holdings PLC 19 November 2009 Financial Services Authority TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
of existing shares to which voting rights are attached:
2. Reason for the notification (please tick the appropriate box or boxes):
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):
notification obligation:
5. Date of the transaction and date on which the threshold is crossed or reached:
reached: 8. Notified details:
A: Voting rights attached to shares
if possible using
the ISIN CODE
GBP 0.01
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction
Total (A+B+C)
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) Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) Legal & General Investment Management Limited (Indirect) (LGIM) Legal & General Group Plc (Direct) (L&G) (3,975,393 - 3.98% = LGAS, LGPL & PMC)
Management (Holdings) Limited (Direct) (LGIH)
(Direct) (LGIMHD) (3,364,454 -
3.37% = PMC)
(PMC) (3,364,454 - 3.37% = PMC)
(LGPL)
Proxy Voting:
N/A
to hold: N/A
voting rights: N/A
13. Additional information:
020 3124 3851 This information is provided by RNS The company news service from the London Stock Exchange END
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| Thu 10:58 | RNS |
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RNS Number : 7688C Home Retail Group Plc 19 November 2009 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
of existing shares to which voting rights are attached:
2. Reason for the notification (please tick the appropriate box or boxes):
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):
notification obligation:
5. Date of the transaction and date on which the threshold is crossed or reached:
reached: 8. Notified details:
A: Voting rights attached to shares
if possible using
the ISIN CODE
GBP 0.10
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction
Total (A+B+C)
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)
Legal & General Investment Management (Holdings)
Limited (LGIMH) (Direct and Indirect)
Legal & General Investment Management Limited
(Indirect) (LGIM)
Legal & General Group Plc (Direct) (L&G) (34,683,102 -3.95 % = LGAS, LGPL
Management (Holdings) Limited (Direct) (LGIH)
(Direct) (LGIMHD) (31,597,820
-3.60 % = PMC)
(PMC) (31,597,820 -3.60 % = PMC)
(LGPL)
Proxy Voting:
N/A
to hold: N/A
voting rights: N/A
13. Additional information:
020 3124 3851 This information is provided by RNS The company news service from the London Stock Exchange END
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| Thu 10:51 | RNS |
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RNS Number : 7687C Cineworld Group plc 19 November 2009 Financial Services Authority TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
of existing shares to which voting rights are attached:
2. Reason for the notification (please tick the appropriate box or boxes):
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):
notification obligation:
5. Date of the transaction and date on which the threshold is crossed or reached:
reached: 8. Notified details:
A: Voting rights attached to shares
if possible using
the ISIN CODE
GBP 0.01
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction
Total (A+B+C)
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) (7,489,618 -5.28% = Total Position) Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) (7,489,618 -5.28% = Total Position) Legal & General Investment Management Limited (Indirect) (LGIM) (7,489,618 -5.28% = Total Position) Legal & General Group Plc (Direct) (L&G) (7,079,711 -4.99 % = LGAS, LGPL & PMC)
Management (Holdings) Limited (Direct) (LGIH)
(Direct) (LGIMHD) (4,888,237
-3.44 % = PMC)
(PMC) (4,888,237 -3.44 % = PMC)
(LGPL)
Proxy Voting:
N/A
to hold: N/A
voting rights: N/A
13. Additional information:
020 3124 3851 This information is provided by RNS The company news service from the London Stock Exchange END
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| Thu 10:27 | RNS |
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RNS Number : 7669C Standard Chartered PLC 19 November 2009
TR-1 NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of
2. Reason for the notification (please state yes/no)
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached An event changing the breakdown of voting rights Other (please specify): Increase in shareholding pursuant to receipt of scrip dividend
obligation
(PMC)
(and date on which the
threshold is crossed or
reached if different):
notified:
crossed or reached: 8. Notified details: A: Voting rights attached to shares
CODE
USD0.50 GB0004082847
B: Financial Instruments
Resulting situation after the triggering transaction
NIL NIL NIL NIL NIL C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction
NIL NIL NIL NIL NIL
Total (A+B+C)
Number of voting rights % of voting rights
9. Chain of controlled undertakings through which the voting rights and/or
Legal & General Group Plc (Direct and Indirect)
(Group)
Legal & General Investment Management (Holdings)
Limited (LGIMH) (Direct and Indirect)
Legal & General Investment Management Limited
(Indirect) (LGIM)
Legal & General Group Plc (Direct) (L&G) (20,133,773 -3.98 % = LGAS, LGPL
Management (Holdings) Limited (Direct) (LGIH)
(Direct) (LGIMHD) (17,932,019
-3.54 % = PMC)
(PMC) (17,932,019 -3.54 % = PMC)
(LGPL)
Proxy Voting:
proxy holder will cease to
hold:
will cease to hold voting
rights:
14. Contact name: 15. Contact telephone number: Annex Notification Of Major Interests In Shares
Other useful information (at least legal representative for legal persons)
PLC
subject to the notification obligation)
This information is provided by RNS The company news service from the London Stock Exchange END
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| Thu 10:24 | RNS |
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RNS Number : 7662C Greggs PLC 19 November 2009 Financial Services Authority TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
of existing shares to which voting rights are attached:
2. Reason for the notification (please tick the appropriate box or boxes):
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):
notification obligation:
5. Date of the transaction and date on which the threshold is crossed or reached:
reached: 8. Notified details:
A: Voting rights attached to shares
if possible using
the ISIN CODE
GBP 0.02
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction
Total (A+B+C)
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) Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) Legal & General Investment Management Limited (Indirect) (LGIM) Legal & General Group Plc (Direct) (L&G) (4,107,434 -3.94 % = LGAS, LGPL & PMC)
Management (Holdings) Limited (Direct) (LGIH)
(Direct) (LGIMHD) (3,786,384
-3.64 % = PMC)
(PMC) (3,786,384 -3.64 % = PMC)
(LGPL)
Proxy Voting:
N/A
to hold: N/A
voting rights: N/A
13. Additional information:
020 3124 3851 This information is provided by RNS The company news service from the London Stock Exchange END
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| Thu 10:23 | RNS |
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RNS Number : 7663C BT Group PLC 19 November 2009 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
of existing shares to which voting rights are attached:
2. Reason for the notification (please tick the appropriate box or boxes):
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):
notification obligation:
5. Date of the transaction and date on which the threshold is crossed or reached:
reached: 8. Notified details:
A: Voting rights attached to shares
if possible using
the ISIN CODE
GBP 0.05
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction
Total (A+B+C)
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)
Legal & General Investment Management (Holdings)
Limited (LGIMH) (Direct and Indirect)
Legal & General Investment Management Limited
(Indirect) (LGIM)
Legal & General Group Plc (Direct) (L&G) (309,597,603 -3.99 % = LGAS, LGPL
Management (Holdings) Limited (Direct) (LGIH)
(Direct) (LGIMHD) (282,347,910
-3.64 % = PMC)
(PMC) (282,347,910 -3.64 % = PMC)
(LGPL)
Proxy Voting:
N/A
to hold: N/A
voting rights: N/A
13. Additional information:
020 3124 3851 This information is provided by RNS The company news service from the London Stock Exchange END
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| Thu 09:22 | RNS |
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RNS Number : 7614C Rok PLC 19 November 2009 Financial Services Authority TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
of existing shares to which voting rights are attached:
2. Reason for the notification (please tick the appropriate box or boxes):
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):
notification obligation:
5. Date of the transaction and date on which the threshold is crossed or reached:
reached: 8. Notified details:
A: Voting rights attached to shares
if possible using
the ISIN CODE
GBP 0.02
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction
Total (A+B+C)
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) Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) Legal & General Investment Management Limited (Indirect) (LGIM) Legal & General Group Plc (Direct) (L&G) (7,095,811 -3.95 % = LGAS, LGPL & PMC)
Management (Holdings) Limited (Direct) (LGIH)
(Direct) (LGIMHD) (6,482,158
-3.61 % = PMC)
(PMC) (6,482,158 -3.61 % = PMC)
(LGPL)
Proxy Voting:
N/A
to hold: N/A
voting rights: N/A
13. Additional information:
020 3124 3851 This information is provided by RNS The company news service from the London Stock Exchange END
HOLGUGMGGUPBUBB More |
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| Thu 09:08 | RNS |
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RNS Number : 7603C Phoenix IT Group PLC 19 November 2009 Financial Services Authority
of existing shares to which voting rights are attached:
2. Reason for the notification (please tick the appropriate box or boxes):
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):
notification obligation:
(if different from 3.):
5. Date of the transaction and date on which the threshold is crossed or reached:
reached: 8. Notified details:
A: Voting rights attached to shares
if possible using
the ISIN CODE
GBP 0.01
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction
Total (A+B+C)
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) (6,116,397 -8.13% = Total Position) Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) (6,116,397 -8.13% = Total Position) Legal & General Investment Management Limited (Indirect) (LGIM) (xx6,116,397 -8.13% = Total Position) Legal & General Group Plc (Direct) (L&G) (4,493,957 -5.97 % = LGAS, LGPL & PMC)
Management (Holdings) Limited (Direct) (LGIH) (2,535,688 -3.37 % = LGAS
(PMC) LGPL)
(LGPL)
Proxy Voting:
N/A
to hold: N/A
voting rights: N/A
13. Additional information:
020 3124 3851 This information is provided by RNS The company news service from the London Stock Exchange END
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| Thu 08:10 | RNS |
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RNS Number : 7591C Shanks Group PLC 19 November 2009 Financial Services Authority TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
of existing shares to which voting rights are attached:
2. Reason for the notification (please tick the appropriate box or boxes):
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):
notification obligation:
4. Full name of shareholder(s)
(PMC)
5. Date of the transaction and date on which the threshold is crossed or reached:
reached: 8. Notified details:
A: Voting rights attached to shares
if possible using
the ISIN CODE
GBP 0.10
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction
Total (A+B+C)
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) (62,147,638 -15.66% = Total Position)
Legal & General Investment Management (Holdings)
Limited (LGIMH) (Direct and Indirect) (62,147,638
-15.66% = Total Position)
Legal & General Investment Management Limited
(Indirect) (LGIM) (62,147,638 -15.66% = Total
Position)
Legal & General Group Plc (Direct) (L&G) (47,539,034 -11.98 % = LGAS, LGPL
Management (Holdings) Limited (Direct) (LGIH) (32,691,543 -8.24 % = LGAS
-3.74 % = PMC)
PMC)
(LGPL)
Proxy Voting:
N/A
to hold: N/A
voting rights: N/A
13. Additional information:
020 3124 3851 This information is provided by RNS The company news service from the London Stock Exchange END
HOLGGMMMRLNGLZG More |
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| Thu 04:58 | AFX UK Focus |
|
|
Financial Times
MANDELSON SIGNALS END OF CREDIT SCHEME Business Secretary Lord Mandelson signalled on Wednesday ministers will refuse business pleas to extend the five-billion-pound trade credit insurance scheme. Mandelson spoke of the "limitations" of the credit insurance scheme at a London press conference to highlight government measures to help businesses and individuals deal with the recession. He appeared to blame the insurance industry for the failure of the scheme. The scheme, which offered up to five billion pounds of state support, has supplied just 18 million pounds worth of cover to 72 companies.
WOMEN STRUGGLE TO BREAK INTO TOP BOARDROOMS The proportion of female directors at FTSE 100 companies rose from 11.7 percent to 12.2 percent over the past year, according to a report by Cranfield University School of Management. The slight increase was due solely to an overall shrinkage in the size of boards, the report said. Cranfield said banks delivered the "biggest disappointment", with women making up just 9.3 percent of board members at FTSE 100 banks. Barclays and Royal Bank of Scotland have no female board members at all.
MPC DIVIDED THREE WAYS OVER QUANTITIVE EASING Minutes from the last meeting of the Bank of England's monetary policy committee show that seven of the committee's nine members voted for a 25 billion pound increase in the quantitive easing scheme. One member favoured a larger increase while one member argued that the scheme should be frozen. Bank of England governor Mervyn King was among those who voted for a 25 billion pound increase. The minutes also show the committee considered reducing the interest paid on a portion of commercial banks' reserves held by the Bank.
ITV CHAIRMAN SAGA ENDS WITH NORMAN APPOINTMENT Archie Norman has been appointed as chairman of the broadcaster ITV. The appointment of Norman, a former Tory MP and former chief executive of Asda, brings to an end a seven month succession process for the broadcaster to replace Michael Grade. Norman's first tasks in his new role will include selecting a new chief executive and refreshing the board of the broadcaster, as well as considering whether to make a bid for rival broadcaster Five. Norman said: "It is an irresistible challenge, a great brand, a people business with enormous talent but facing an imperative for change: the challenge of adapting to compete in a fragmented digital media world."
TNK-BP SET TO EXTEND RUSSIAN PARTNER'S TENURE AS INTERIM
CHIEF It emerged on Wednesday night that TNK-BP is likely to approve Mikhail Fridman to remain as acting chief executive of the oil joint venture between BP and a group of Russian tycoons until 2011. Maxim Barsky, a Russian oil executive in his 30s, has been approved by both sides as the permanent replacement for Fridman but due to his lesser experience will spend a year in preparation for the role, including a period with BP next year. An announcement from the oil group is due within the next few days. L&G CLOSE TO THE END OF YEAR-LONG CHAIRMAN SEARCH The board of Legal & General has identified its preferred candidate to succeed Sir Rob Margetts as chairman and is likely to make an announcement within days. According to people familiar with the matter, the life and pensions group's search led by Sir David Walker, L&G's senior independent director, included talks with a "string" of candidates, including Glen Moreno, chairman of Pearson; Ron Sandler, chairman of Northern Rock and Pearl Group; and Sir Crispin Davis, former chairman of Reed Elsevier. Up to three other candidates have recently gone further in the process but none are said to have been offered the job.
LLOYDS OFFLOADS MALL FOR 300 MILLION POUNDS Hammerson has emerged as Lloyds Banking Group's preferred buyer for a shopping centre near Glasgow being sold by the bank after the original owner defaulted on its loan. The UK real estate investment trust is to buy the centre for around 300 million pounds in a joint venture with Canadian Pension Plan, a deal likely to represent a yield of around six percent on the one million square foot mall. Unsuccessful bidders for the centre included British Land and Land Securities along with several sovereign wealth funds and opportunity funds. BOLLAND BECOMES M&S CHIEF EXECUTIVE Marc Bolland has been appointed to succeed Sir Stuart Rose as the new chief executive of Mark & Spencer. Bolland will leave his role as chief executive of the supermarket chain Wm Morrison, walking away from around four million pounds of share options in the process. Sir Stuart Rose, who is to stay on as chairman of the retailer, said: "I am thoroughly and absolutely certain he's the right man for the job."
ITN SET FOR AUSTERITY PACKAGE ITN is expected to reveal its first ever loss Thursday, with John Hardie, chief executive since June, to tell staff that the organisation lost "a significant amount" in the first half of the year. Sources who have viewed the accounts said the loss amounted to low single-digit millions of pounds. Job losses are expected at the company, and its final-salary pension scheme will close, with all current and new employees to be moved into a deferred benefit scheme as the company looks to "refocus activities and revenue streams".
MOTHERCARE TO LEAVE TOWN Baby products retailer Mothercare is to shift its focus from the high street to larger out-of-town outlets as store leases come up for renewal over the next three years. Chief executive Ben Gordon said: "We're not deserting the high street but our out-of-town stores are our most profitable ones." The firm will launch 31 out-of-town "parenting centres" over the next three years, while up to 90 high street stores will be closed unless landlords renegotiate rents.
Prepared for Reuters by Durrants
COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. More |
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| Wed 17:31 | RNS |
|
|
RNS Number : 7339C Alphameric PLC 18 November 2009 Financial Services Authority
of existing shares to which voting rights are attached:
2. Reason for the notification (please tick the appropriate box or boxes):
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):
notification obligation:
5. Date of the transaction and date on which the threshold is crossed or reached:
reached: 8. Notified details:
A: Voting rights attached to shares
if possible using
the ISIN CODE
GBP 0.025
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction
Total (A+B+C)
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) Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) Legal & General Investment Management Limited (Indirect) (LGIM) Legal & General Group Plc (Direct) (L&G) (8,520,830 -3.78 % = LGAS, LGPL & PMC)
Management (Holdings) Limited (Direct) (LGIH)
(Direct) (LGIMHD) (7,845,830
-3.48 % = PMC)
(PMC) (7,845,830 -3.48 % = PMC)
(LGPL)
Proxy Voting:
N/A
to hold: N/A
voting rights: N/A
13. Additional information:
01483 293971 This information is provided by RNS The company news service from the London Stock Exchange END
HOLDVLFFKFBLFBK More |
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| Wed 16:26 | AFX UK Focus |
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By Jonathan Gould
FRANKFURT, Nov 18 (Reuters) - Insurers are showing increasing irritation at being lumped in with banks as regulators tighten the reins on the financial sector to avoid future crises.
Insurance has a different way of transmitting systemic shocks than banks do, because insurers have a completely different business model, said Alberto Corinti, Deputy Director General of European insurance industry association CEA.
SKEWED BOARD
(Editing by Dan Lalor) ($1 = 0.5946 pound) Keywords: INSURERS/CAPITAL (Reuters Messaging: jonathan.gould.reuters.com@reuters.net; +49 69 7565 1242)
COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. More |
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| Wed 10:15 | RNS |
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RNS Number : 6880C British Land Co PLC 18 November 2009 Financial Services Authority TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
of existing shares to which voting rights are attached: 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
Other (please specify):
notification obligation:
5. Date of the transaction and date on which the threshold is crossed or reached:
reached: 8. Notified details:
A: Voting rights attached to shares
if possible using
the ISIN CODE
(5/10/2007) (5/10/2007) GBP 0.25
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction
Total (A+B+C)
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)
Legal & General Investment Management (Holdings)
Limited (LGIMH) (Direct and Indirect)
Legal & General Investment Management Limited
(Indirect) (LGIM)
Legal & General Group Plc (Direct) (L&G) (34,444,065 -3.98 % = LGAS, LGPL
Management (Holdings) Limited (Direct) (LGIH)
(Direct) (LGIMHD) (31,450,478
-3.64 % = PMC)
(PMC) (31,450,478 -3.64 % = PMC)
(LGPL)
Proxy Voting:
N/A
to hold: N/A
voting rights: N/A
13. Additional information:
020 3124 3851 This information is provided by RNS The company news service from the London Stock Exchange END
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