Upgrade Now

Ladbrokes (LAD)

Sector:

Travel & Leisure

Index:

FTSE 250

145.70p
   
  • Change Today:
    -0.60p
  • 52 Week High: 155.30
  • 52 Week Low: 114.00
  • Currency: UK Pounds
  • Shares Issued: 907.84m
  • Volume: 3,808,909
  • Market Cap: £1,322.73m
  • RiskGrade: 114
  • Beta: 0.76

Holding(s) in Company

RNS Number : 7227G
Ladbrokes plc
04 February 2010
 



 


                   TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi



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

Ladbrokes 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


Other (please specify):



3. Full name of person(s) subject to the
notification obligation:
iii

Legal & General Group Plc (L&G)

4. Full name of shareholder(s)
 (if different from 3.):iv

Legal & General Assurance (Pensions Management) Limited (PMC)

 

Legal & General Assurance Society Limited (LGAS & LGPL)

5. Date of the transaction and date on
which the threshold is crossed or
reached:
v

20 January 2010

6. Date on which issuer notified:

21 January 2010

7. Threshold(s) that is/are crossed or
reached:
vi, vii

L&G (From 6% to 7%)



 

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of
shares


if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of  voting rights x


Direct xi

Indirect xii

Direct

Indirect


 

56,609,817

 

(As on 12/01/2010)

 

66,547,136

66,547,136


7.37%


ORD GBP

GB00BOZSH635


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date
xiii

Exercise/
Conversion Period
xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights







C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date xvii

Exercise/
Conversion period
xviii

Number of voting rights instrument refers to

 

% of voting rights xix, xx

 





 

 

Nominal

Delta




Total (A+B+C)

Number of voting rights

Percentage of voting rights

66,547,136

7.37%

 

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) (83,175,112 - 9.22% = Total Position)

 

Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) (83,175,112 - 9.22% = Total Position)

 

Legal & General Investment Management Limited (Indirect) (LGIM)

(83,175,112 - 9.22% = Total Position)

 

Legal & General Group Plc (Direct) (L&G) (66,547,136 - 7.37% = LGAS, LGPL & PMC)

 

Legal & General Investment Management (Holdings) Limited     Legal & General Insurance Holdings Limited (Direct)

(Direct) (LGIMHD) (31,547,488 - 3.49% = PMC)                          (LGIH) (34,999,648 - 3.88% = LGAS & LGPL)

 

Legal & General Assurance (Pensions Management) Limited     Legal & General Assurance Society Limited (LGAS &

(PMC) (31,547,488 - 3.49% = PMC)                                             LGPL) (34,999,648 - 3.88% = LGAS & LGPL)

 

                                                                                            Legal & General Pensions Limited (Direct) (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:

 

It has been brought to the company's attention that Legal & General Group Plc made the following 'holding in company' notifications in the period from 26 January 2009 to 12 January 2010.

 




Number and % of voting rights

Date

Number of

Shares Issued


Direct and Indirect


Direct


12 January 2010

902,005,929

L&G (From 5% to 6%)

66,623,865

7.38%

56,609,817

6.27%

17 December 2009

901,991,177

L&G (From 4% to 5%)

50,539,868

5.60%

45,355,405

5.02%

15 December 2009

901,991,177

LGIM (Above 5%)

46,705,084

5.17%

42,103,192

4.66%

27 November 2009

901,974,718

L&G (From 3% to 4%)

-

0.00%

37,921,517

4.20%

20 March 2009

601,227,711

L&G (From 4% to 3%)

-

0.00%

24,023,074

3.99%

04 March 2009

601,227,711

L&G (From 3% to 4%)

-

0.00%

24,087,999

4.00%

26 February 2009

600,709,839

L&G (From 4% to 3%)

-

0.00%

24,019,150

3.99%

20 February 2009

600,709,839

L&G (From 3% to 4%)

-

0.00%

24,372,502

4.05%

26 January 2009

600,638,706

L&G (From 4% to 3%)

-

0.00%

23,776,688

3.95%

 

Due to a procedural error concerning Ladbrokes' e-mail system these notifications were not received by Ladbrokes personnel at the time the notifications were issued.  This error has now been corrected and Ladbrokes plc expects all subsequent notifications to be received by its personnel and in accordance with DTR 5.8.12 to be made public.

14. Contact name:

15. Contact telephone number:

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
HOLLLFIDFDISIII

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Top of Page