27 Oct 2010 07:00
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: | VPhase Plc |
2 Reason for the notification (please tick the appropriate box or boxes): | ||
An acquisition or disposal of voting rights | Yes | |
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:
| Legal & General Group Plc (Group) Legal & General Investment Management Limited (LGIM) Legal & General Group Plc (L&G) |
4. Full name of shareholder(s) (if different from 3.):
| Legal & General Assurance Society Limited (LGAS & LGPL) |
5. Date of the transaction and date on which the threshold is crossed or reached:
| 25 October 2010 |
6. Date on which issuer notified:
| 26 October 2010 |
7. Threshold(s) that is/are crossed or reached:
| Group (Above 5%)
LGIM (Above 5%)
L&G (Above 3%) |
8. Notified details: | |||||||
A: Voting rights attached to shares | |||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | |||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights | |||
Direct | Indirect | Direct | Indirect | ||||
Ordinary 0.25p | Below 3% (L&G) Below 5% (LGIM) (As on First notification under DTR Source Book) | 45,000,000 45,000,000 5.61% | |||||
B: Qualifying Financial Instruments | ||||
Resulting situation after the triggering transaction
| ||||
Type of financialinstrument | Expirationdate | Exercise/ConversionPeriod | Number of votingrights that may beacquired if theinstrument isexercised/ converted.
| % of votingrights |
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | ||||||
Resulting situation after the triggering transaction
| ||||||
Type of financialinstrument | Exerciseprice | Expirationdate | Exercise/Conversionperiod | Number of votingrights instrumentrefers to | % of voting rights
| |
Nominal | Delta
| |||||
Total (A+B+C)
| |
Number of voting rights | Percentage of voting rights |
45,000,000(L&G) | 5.61% |
| 45,000,000(LGIM) | 5.61% |
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: |
Legal & General Group Plc (Direct and Indirect) (Group) (45,000,000 – 5.61% =Total Position) Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) (45,000,000 – 5.61% = Total Position) Legal & General Investment Management Limited (Indirect) (LGIM) (45,000,000 – 5.61% = Total Position) Legal & General Group Plc (Direct) (L&G) (45,000,000 – 5.61 % = LGAS, LGPL & PMC) Legal & General Investment Management Legal & General Insurance Holdings Limited(Holdings) Limited (Direct) (LGIMHD) (Direct) (LGIH) (45,000,000 - 5.61% = LGAS & LGPL) Legal & General Assurance (Pensions Legal & General Assurance Society Limited Management) Limited (PMC) (LGAS & LGPL) (45,000,000 - 5.61% = 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:
| Notification using the total voting rights figure of 802,210,361 |
14. Contact name:
| Paul Toon (LGIM) |
15. Contact telephone number:
| 020 3124 3854 |