TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES i | ||||
1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are attached: ii | M & G High Income Investment Trust 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 | Prudential plc group of companies | |||
4. Full name of shareholder(s)
(if different from 3.): iv |
Prudential plc M&G Group Limited M&G Limited M&G Investment Management Limited | |||
5. Date of the transaction and date on
which the threshold is crossed or reached: v | 07 February 2017 | |||
6. Date on which issuer notified: | 08 February 2017 | |||
7. Threshold(s) that is/are crossed or
reached: vi, vii | 50% - 49% |
For filings with the FCA include the annex |
For filings with issuer exclude the annex |
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 | Direct xi | Indirect xii | Direct | Indirect | |||||||||||||
GB0005533004 | 105,526,016 | 211,052,032 | 105,424,736 | 0 | 210,849,472 | 0 | 42.08% | ||||||||||
GB0005532923 | 19,756,054 | 39,512,108 | 19,756,054 | 0 | 39,512,108 | 0 | 7.89% | ||||||||||
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 | ||||||||||||||||
250,361,580 | 49.97% |
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi | ||
Prudential plc (parent Company) - 250,361,580 (49.97%) M&G Group Limited (wholly owned subsidiary of Prudential plc) - 250,361,580 (49.97%) M&G Limited (wholly owned subsidiary of M&G Group Limited) - 250,361,580 (49.97%) M&G Investment Management Limited (wholly owned subsidiary of M&G Limited) - 250,361,580 (49.97%) | ||
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: |
| |
14. Contact name: |
Owen Smith / James Todd
M&G Investment Management Limited | |
15. Contact telephone number: | 020 7004 4517 / 020 7548 2293 |