REG-Collins Stewart PLC: Holding(s) in Company

Thu Nov 5, 2009 7:27am EST
 
[-] Text [+]
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                                
                                                                              

 

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

 

2 Reason for the notification (please tick the appropriate box or boxes):     
                                                                              
                                                                              
                                                                              
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                              
                                                                              
           Disclosure of holdings follows the sale of Insight                 
           Investment Management Limited on 2 November 2009. This             
           notification supersedes any notifications previously issued by     
Other      Lloyds Banking Group plc.                                          
(please                                                                       
specify):                                                                    x
                                                                              

3. Full name of person(s) subject to the              Lloyds Banking Group plc    
notification obligation:                                                      
                                                                              
                                                                              
4. Full name of shareholder(s) (if different from     See Section 9.              
3.):                                                                          
                                                                              
                                                                              
5. Date of the transaction and date on which the      2 November 2009             
threshold is crossed or reached:                                              
                                                                              
                                                                              
                                                                              
6. Date on which issuer notified:                     4 November 2009             
                                                                              
                                                                              
                                                                              
7. Threshold(s) that is/are crossed or reached:       N/A - Direct/Indirect       
                                                      holdings remain below 9%    
                                                                              
 
8. Notified details:                                                             
                                                                                 
A: Voting rights attached to shares                                              
                                                                                 
                                                                                 
                                                                                 
Class/type   Situation previous    Resulting situation after the triggering      
of           to the triggering     transaction                                   
shares       transaction                                                         
                                                                                 
                                                                                 
if possible  Number     Number     Number    Number of voting     % of  voting   
using        of         of         of shares rights               rights         
the ISIN     Shares     Voting                                                   
CODE                    Rights                                                   
                                   Direct    Direct    Indirect   Direct Indirect
                                                                                 
                                                                                 
Ord 25p                                                                          
Shares       21,906,397 21,906,397 1,421,620 1,421,620 20,139,628 0.573% 8.117%  
                                                                                 
GB00B1H0K107                                                                     
                                                                                 

 

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 may be     rights      
                               Period      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         Exercise Expiration Exercise/  Number of       % of voting    
financial       price    date       Conversion voting          rights         
instrument                          period     rights                         
                                               instrument                     
                                               refers to                      
                                                                              
                                                               Nominal  Delta 
                                                                              
Total (A+B+C)                                                                 
                                                                              
                                                                              
                                                                              
Number of voting rights             Percentage of voting rights               
                                                                              
      21,561,248                          8.690%                                    
                                                                              


9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:                    
                                                                              
21,552,400 Shares (8.686%) shares are under the control of Scottish Widows    
Investment Partnership Ltd, a wholly owned subsidiary of Scottish Widows Group
Ltd, a wholly owned subsidiary of Lloyds TSB Bank plc, a wholly owned         
subsidiary of Lloyds Banking Group plc (Indirect Interests).                  
                                                                              

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           Notification using the Total Voting Rights figure of 
information:             248,112,117                                          
                                                                              
                                                                              
                                                                              
14. Contact name:        Matthew Wilson                                       
                                                                              
                                                                              
                                                                              
15. Contact telephone    0113 235 7729                                        
number:

 

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