TIDMCYAN TIDMLGEN

RNS Number : 2900W

Cyan Holdings Plc

24 December 2013

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
----------------------------------------------- 
 
 
 
 1. Identity of the issuer or the underlying                  Cyan Holdings Plc 
  issuer 
  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 
--------------------------------------------------------------------------------  -------- 
 An event changing the breakdown of voting rights                                    Yes 
--------------------------------------------------------------------------------  -------- 
 
   Other (please 
   specify): 
-------------------  -----------------------------------------------------------  -------- 
 3. Full name of person(s) subject                 Legal & General Group Plc (Group) 
  to the 
  notification obligation:                       Legal & General Investment Management 
                                                             Limited (LGIM) 
 
                                                    Legal & General Group Plc (L&G) 
------------------------------------------  ---------------------------------------------- 
 4. Full name of shareholder(s)                Legal & General Assurance Society Limited 
  (if different from 3.):                                    (LGAS & LGPL) 
------------------------------------------  ---------------------------------------------- 
                                                           20 December 2013 
   5. Date of the transaction and date 
   on 
   which the threshold is crossed 
   or 
   reached: 
------------------------------------------  ---------------------------------------------- 
 6. Date on which issuer notified:                         23 December 2013 
------------------------------------------  ---------------------------------------------- 
 7. Threshold(s) that is/are crossed                       Group (Above 5%) 
  or 
  reached:                                                  LGIM (Below 5%) 
 
                                                          L&G (From 6% to 4%) 
------------------------------------------  ---------------------------------------------- 
 
 
 
 8. Notified details: 
-------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
-------------------------------------------------------------------------------------------------------------------------- 
 Class/type              Situation previous                    Resulting situation after the triggering transaction 
 of                       to the triggering 
 shares                      transaction 
 
 if possible 
 using 
 the ISIN 
 CODE 
------------  ---------------------------------------  ------------------------------------------------------------------- 
                   Number              Number                                  Number of voting        % of voting rights 
                     of                   of                                        rights 
                   Shares               Voting 
                                        Rights 
------------  ---------------  ----------------------  ---                -------------------------  --------------------- 
                                                             Number           Direct       Indirect   Direct     Indirect 
                                                            of shares 
------------  ------  -------  -------  --------  ---  -----------------  --------------  ---------  --------  ----------- 
  Ordinary                   185,018,681 
  GBP 0.002p                     L&G                      162,768,681       162,768,681                4.77% 
------------  ---------------------------------------  -----------------  --------------  ---------  --------  ----------- 
                      185,018,681 
                          LGIM 
 ---------------------------------------               ---  ------------  -----  -------  ---------  --------  ----------- 
                  (As on 27/09/2013) 
 ---------------------------------------               ---  ------------  -----  -------  ---------  --------  ----------- 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
                                                                                  Number of voting 
   Type of financial              Expiration         Exercise/                    rights that may       % of voting 
   instrument                     date               Conversion Period            be                    rights 
                                                                                  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     Exercise          Expiration         Exercise/      Number of voting           % of voting rights 
   instrument            price             date               Conversion     rights instrument 
                                                              period         refers to 
--------------------  ----------------  ------------------  ------------  -------------------------  --------------------- 
                                                                                                      Nominal     Delta 
--------------------  ----------------  ------------------  ------------  -------------------------  --------  ----------- 
 
 
 Total (A+B+C) 
-------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                                   Percentage of voting rights 
------------------------------------------------------------------------  ------------------------------------------------ 
                                                                                                4.77% 
                                162,768,681 
                                   (L&G) 
------------------------------------------------------------------------  ------------------------------------------------ 
                                                          Below 5% 
                                                           (LGIM) 
-------------------------------------------------------------------------------------------------------------------------- 
 
 
 
 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) ( 
                                                                     Below 5% = Total Position) 
                                       Legal & General Investment Management (Holdings) Limited 
                                                          (LGIMH) (Direct and Indirect) ( Below 
                                                                           5% = Total Position) 
                                       Legal & General Investment Management Limited (Indirect) 
                                                            (LGIM) ( Below 5% = Total Position) 
               Legal & General Group Plc (Direct) (L&G) ( 162,768,681 - 4.77%=LGAS, LGPL & PMC) 
                Legal & General Investment           Legal & General Insurance Holdings Limited 
             Management (Holdings) Limited        (Direct) (LGIH) ( 162,768,681 - 4.77%= LGAS & 
                                                     (Direct) (LGIMHD)                    LGPL) 
         Legal & General Assurance            Legal & General Assurance Society Limited (LGAS & 
                 (Pensions Management) Limited        LGPL) ( 162,768,681 - 4.77%= LGAS & LGPL) 
                                                                                          (PMC) 
                                               Legal & General Pensions Limited (Direct) (LGPL) 
 
 Proxy Voting: 
----------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                                N/A 
-------------------------------------------------------------  -------------------------------- 
 11. Number of voting rights proxy holder will                                N/A 
  cease 
  to hold: 
-------------------------------------------------------------  -------------------------------- 
 12. Date on which proxy holder will cease to                                 N/A 
  hold 
  voting rights: 
-------------------------------------------------------------  -------------------------------- 
 
                                                       Notification using the total voting 
  13. Additional information:                             rights figure of 3,406,670,844 
------------------------------------------------  --------------------------------------------- 
 14. Contact name:                                             Angela Hayter (LGIM) 
------------------------------------------------  --------------------------------------------- 
 15. Contact telephone number:                                    020 3124 3851 
------------------------------------------------  --------------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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