Holding(s) in Company
24 September 2003 - 6:10PM
UK Regulatory
RNS Number:1390Q
Marconi Corporation PLC
24 September 2003
The company has received the following three notifications:
Appaloosa Management LP
26 Main Street
Chatham, NJ 07928
22 September 2003
The Directors
Marconi Corporation plc
c/o Mary Skelley
Regent's Place
338 Eutson Road
London NW1 3BT
Dear Sirs
Marconi Corporation plc (the "Company")
We write to notify you of certain information pursuant to the requirements of
s.198 et seq., Part VI of the Companies Act 1985.
As of 22 September 2003, Appaloosa Investments Limited Partnership I of 26 Main
Street, Chatham, New Jersey 07928, USA ("AILP") had a notifiable interest in and
was registered holder of 6,560,435 ordinary shares in the Company (the "Shares
").
For the purposes of s.203 Companies Act 1985 we notify you that there is a
managing entity of AILP: Appaloosa Management Limited Partnership ("AMLP") which
has a notifiable interest in the Shares. The managing entity of AMLP is
Appaloosa Partners Inc. ("Appaloosa Inc."), which has a notifiable interest in
the Shares, Appaloosa Inc. is controlled by David Tepper who has a notifiable
interest in the Shares.
This notice of interest is given in fulfilment of the obligation of each of
AILP, AMLP Appaloosa Inc. and David Tepper under the requirements of S.198 et
seq., Part VI of the Companies Act 1985 and supersedes all previous notices
given by us pursuant to Part VI of the Companies Act 1985.
Yours faithfully
For and on behalf of
Appaloosa Investment Limited Partnership I
Aviva plc
P O Box 89
Surrey Street
Norwich NR1 3DR
22 September 2003
The Company Secretary
Marconi Corporation plc
4th Floor
Regents Place
338 Euston Road
London
NW1 3BT
Dear Sir,
Marconi Corporation plc (The "company") - SEDOL 3335442
This notification supersedes our previous notification to you dated 10 September
2003 and is prompted by net purchases totally 184,100 on 19 September 2003.
This notification relates to issued ordinary shares of 25p each in the capital
of the Company (the "Shares") and is given in fulfilment of the obligations
imposed by sections 198 to 202 of the Companies Act 1985 (the "Act").
1. Notification on behalf of Morley Fund Management Limited (a
subsidiary of Aviva plc).
1.1 We hereby notify you on behalf of Morley Fund Management
Limited that immediately after the time when the obligation to make this
notification arose Morley Fund Management Limited were interested in 12,077,037
shares.
1.2 The identity of the registered holders of the shares to which
this notification relates and the number of shares held by each of them are set
out in the attached Appendix: Morley Fund Management Limited.
2. Notification on behalf of Aviva plc.
2.1 We hereby notify you on behalf of Aviva plc that
immediately after the time when the obligation to make this notification arose
Aviva plc were interested in 12,077,116 shares giving the Aviva group a total
percentage interest in the shares of 6.03%.
2.2 The identify of the registered holders of the
shares to which this notification relates and the number of shares held by each
of them are set out in the attached Appendix: Aviva plc.
If you require further information as to which companies in the Aviva group hold
interests in the shares (by virtue of s.203 of the Act) please submit a written
request and we will be happy to supply this information.
We are only required to notify interests which are defined as material interests
when the holding is equal to 3% or more of the Company's relevant share capital.
The term material interests exclude certain categories where we do not hold a
beneficial interest, for example where the shares are held in an Authorised Unit
Trust Scheme or Open Ended Investment Company. Holdings in those categories are
therefore not included in the holding notified under this letter. If you wish
us to confirm the level of holdings in these categories, please let us know.
Yours faithfully,
Diane Thirkettle
For and on behalf of
Aviva plc
The Company Secretary 22 September 2003
Marconi Corporation plc
APPENDIX: MORLEY FUND MANAGEMENT LIMITED
REGISTERED HOLDERS NUMBER OF SHARES HELD
BNY Norwich Union Nominees Ltd 4,007,505 (Material)
Chase GA Group Nominees Ltd 5,488,748 (Material)
CUIM Nominee Ltd 2,580,784 (Material)
TOTAL PERCENTAGE INTEREST OF MORLEY FUND MANAGEMENT LIMITED: 6.03%
ISSUE SHARE CAPITAL ON WHICH THIS NOFIICATION IS BASED : 200,400,000
The Company Secretary 22 September 2003
Marconi Corporation plc
APPENDIX: AVIVA PLC
REGISTERED HOLDERS NUMBER OF SHARES HELD
BNY Norwich Union Nominees Ltd 4,007,505 (Material)
Chase GA Group Nominees Ltd 5,488,748 (Material)
CUIM Nominee Ltd 2,580,784 (Material)
Ohra Belgium Non-Life 79 (Material)
TOTAL PERCENTAGE INTEREST OF AVIVA PLC: 6.03%
ISSUE SHARE CAPITAL ON WHICH THIS NOFIICATION IS BASED : 200,400,000
Fidelity Investments
82 Devonshire Street
Boston, MA 0210903614
Marconi Corporation Plc
338 Euston Rd, 4th Floor
Regents Place
London NW1 3BT
Attn: Company Secretary
September 23, 2003
Dear Sirs,
Enclosed are amended notifications of disclosable interests under the U.K.
Companies Act 1985. Please note that while this information details the
disclosable interests of more than one entity, the enclosed disclosure
constitutes separate notifications of interests which have been combined solely
for purposes of clarity and efficiency. It is not intended to indicate that any
of these entities act as a group or in concert with respect to these interests.
These disclosures are made in the interest of conformity with the Companies Act.
The Interest detailed herein were acquired solely for investment purposes.
For disclosure purposes, holdings should be represented as FMR Corp. and its
direct and indirect subsidiaries, and Fidelity International Limited (FIL) and
its direct and indirect subsidiaries, both being non-beneficial holders.
If you have any questions please contact Eleanor Chemlen at (617) 563-1416 or by
Fax at (617) 476-0363.
Kindest regards
Eleanor Chemlen
Sr. Compliance Specialist
Amendment #7
NOTIFICATIONS UNDER SECTIONS 198 TO 202 - U.K. COMPANIES ACT
1. Company in which shares are held: Marconi Corporation Plc
2. Notifiable Interest: Ordinary Shares
(A)
FMR Corp.
82 Devonshire Street
Boston, MA 02109
Parent holding company of Fidelity Management & Research Company (FMRCO),
investment manager for US mutual funds and Fidelity Management Trust Company
(FMTC), a US state chartered bank which acts as a trustee or investment manager
of various pension and trust accounts. (See Schedule A for listing of
Registered Shareholders and their holdings.)
(B)
Fidelity International Limited (FIL)
P.O. Box HM 670
Hamilton HMCX, Bermuda
Parent holding company for various direct and indirect subsidiaries, including
Fidelity Investment Services Ltd. (FISL) and Fidelity Pension Management (FPM),
investment managers for various non-US investment companies and institutional
clients. (See Schedule A for listing of Registered Shareholders and their
holdings.)
3. The notifiable interests also comprise the notifiable interest of:
Mr. Edward C. Johnson 3d
82 Devonshire Street
Boston, MA 02109
A principal shareholder of FMR Corp. and Fidelity International Limited.
4. The notifiable interests include interest held on behalf of authorised unit
trust schemes in the U.K., notwithstanding the exemption from reporting pursuant
to Section 209 (1)(h) of the Companies Act 1985.
5. These notifications of disclosable interests constitute separate
notifications of interest in the shares and are combined solely for the purposes
of clarity and efficiency. Nothing herein should be taken to indicate that FMR
Corp. and its direct and indirect subsidiaries, Fidelity International Limited
and its direct and indirect subsidiaries or Mr. Edward C. Johnson 3d act as a
group or in concert in respect of the disclosed interests, or that they are
required to submit these notifications on a joint basis.
6. The disclosable interests arise under section 208 (4)(b) of the Act, namely
where a person, not being the registered holder, is entitled to exercise a right
conferred by the holding of the shares or to control the exercise of such
rights, or under section 203 of the Act respectively.
By: Eric D.Roiter
Senior V.P & General Counsel - FMR Co
Duly Authorised under Powers of Attorney
dated December 30, 1997, by and on behalf
of FMR Corp. and its direct and indirect
subsidiaries, and Fidelity International
Limited and its direct and indirect
subsidiaries.
Schedule A
Amendment #7
Security: Marconi Corporation Plc
Ordinary Shares Shares Held Management Nominee/Registered Name
Company
72,838 FMRCO JP Morgan Chase
62,563 FMRCO State Street Bank & Trust Company
716,231 FMRCO Chase Nominees Limited
14,110,087 FMRCO HSBC
364,900 FMRCO State Street Nominees Ltd
27,880 FMRCO Citibank
1,177,153 FMRCO Brown Brothers Harriman
10,460 FMTC State Street Nominees Ltd
6,840 FMTC Mellon Bank
4,880 FMTC State Street Bank & Trust
3,563,732 FISL Chase Manhattan Bank London
37,164 FISL Chase Nominees Ltd
185,060 FPM Chase Nominees Ltd
213,480 FIL Chase Manhattan Bank London
76,200 FIL Northern Trust
325,120 FIL Deutsche Bank
23,780 FIL JP Morgan
485,000 FIL Brown Brothers Harriman
Total ordinary shares 21,463,368
Current ownership 10.732%
percentage:
Shares in issue: 200,002,000
Change in holdings (537,438)
since last filing: ordinary shares
This information is provided by RNS
The company news service from the London Stock Exchange
END
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