RNS Number : 8460X
M&C Saatchi PLC
10 May 2016
For filings with the FCA include the annex
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For filings with issuer exclude the annex
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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
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1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached: ii
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M&C Saatchi plc
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2 Reason for the notification (please tick the appropriate box
or boxes):
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An acquisition or disposal of voting rights
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An acquisition or disposal of qualifying financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached
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An acquisition or disposal of instruments with similar economic effect to qualifying
financial instruments
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An event changing the breakdown of voting rights
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Other (please specify):
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CHANGE TO THE NUMBER OF VOTING RIGHTS IN ISSUE
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√
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3. Full name of person(s) subject to the
notification obligation: iii
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Aviva plc & its subsidiaries
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4. Full name of shareholder(s)
(if different from 3.):iv
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Registered Holder:
BNY Norwich Union Nominees Limited 396,104*
Chase (GA Group) Nominees Limited 4,250,276*
Chase Nominees
Limited
45,822*
CUIM Nominee Limited
296,887*
Available on
request
2,707*
*denotes direct interest
BNP Paribas -
London
159,052
Chase Nominees Limited
143,281
Vidacos Nominees
Limited
416,550
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5. Date of the transaction and date on
which the threshold is crossed or
reached: v
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09 May 2016
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6. Date on which issuer notified:
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10 May 2016
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7. Threshold(s) that is/are crossed or
reached: vi, vii
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7% to 6% Change at Direct Interest Level. (Box 8A & 8B)
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8. Notified details:
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A: Voting rights attached to shares viii,
ix
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Class/type of
shares
if possible using
the ISIN CODE
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Situation previous
to the triggering
transaction
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Resulting situation after the triggering transaction
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Number
of
Shares
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Number
of
Voting
Rights
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Number
of shares
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Number of voting
rights
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% of voting rights x
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Direct
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Direct xi
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Indirect xii
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Direct
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Indirect
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Ordinary Shares
GB00B01F7T14
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5,816,269 *
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5,816,269 *
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5,710,679
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4,991,796
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718,883
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6.85%
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0.99%
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* Includes Right to recall loaned shares (289,887)
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B: Qualifying Financial Instruments
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Resulting situation after the triggering transaction
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Type of financial
instrument
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Expiration
date xiii
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Exercise/
Conversion Period xiv
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Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.
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% of voting
rights
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RIGHT TO RECALL LOANED SHARES
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N/A
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N/A
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105,590*
* Direct Interest
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0.14%
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C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments xv, xvi
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Resulting situation after the triggering transaction
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Type of financial
instrument
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Exercise price
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Expiration date xvii
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Exercise/
Conversion period xviii
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Number of voting rights instrument refers to
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% of voting rights xix, xx
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Nominal
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Delta
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Total (A+B+C)
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Number of voting rights
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Percentage of voting rights
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5,816,269
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7.98%
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9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi
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The voting rights are managed and controlled by Aviva Investors
Global Services Limited and Friends Provident International
Limited, with the following chain of controlled undertakings:-
Aviva Investors Global Services Limited:
· Aviva plc (Parent
Company)
· Aviva Group Holdings Limited
(wholly owned subsidiary of Aviva plc)
· Aviva Investors Holdings Limited
(wholly owned subsidiary of Aviva Group Holdings Limited)
· Aviva Investors Global Services
Limited (wholly owned subsidiary of Aviva Investors Holdings Limited)
Friends Provident International Limited:
· Aviva plc (Parent
Company)
· Aviva Group Holdings Limited
(wholly owned subsidiary of Aviva plc)
· Aviva Life Holdings UK Limited
(wholly owned subsidiary of Aviva Group Holdings Limited)
· Friends Life FPG Limited (wholly
owned subsidiary of Aviva Life Holdings UK Limited)
· Friends Life FPL Limited (wholly
owned subsidiary of Friends Life FPG Limited)
· Friends Life Limited (wholly owned
subsidiary of Friends Life FPL Limited)
· Friends Life and Pensions Limited
(wholly owned subsidiary of Friends Life Limited)
· Friends Provident International
Limited (wholly owned subsidiary of Friends Life and Pensions Limited)
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Proxy Voting:
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10. Name of the proxy holder:
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See Section 4
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11. Number of voting rights proxy holder will cease
to hold:
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12. Date on which proxy holder will cease to hold
voting rights:
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13. Additional information:
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Figures are based on a total number of voting rights of 72,824,926 as per the Company's Additional Listing and Total
Voting Rights Announcement of 4 May 2016.
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This information is provided by RNS
The company news service from the London Stock Exchange
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