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16 September 2008 14:52: LSE

Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES

 

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

The Weir Group PLC

 

2. Reason for the notification (please state Yes/No):

 

An acquisition or disposal of voting rights: (Yes)

 

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: (No)

 

An event changing the breakdown of voting rights: (No)

 

Other (please specify): Initial notification due to change of threshold for non-material interest (No)

 

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.):

See additional information under 13.

 

5. Date of the transaction (and date on which the threshold is crossed or reached if different):

15 September 2008

 

6. Date on which issuer notified:

16 September 2008

 

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

3%

 

8. Notified details:

 

A: Voting rights attached to shares

 

Situation previous to the triggering transaction

 

Class/type of shares if possible using the ISIN CODE

Number of shares


Number of voting Rights


GB0009465807

Below 3%

Below 3%

 

 

Resulting situation after the triggering transaction

 

Class/type of shares if possible using the ISIN CODE

Number of shares

Number of voting rights

% of voting rights




 

Direct


Direct


Indirect


Direct


Indirect


GB0009465807

6,648,555

6,648,555

 

3.16%

 

 

B: Financial Instruments

Resulting situation after the triggering transaction

 

Type of financial instrument


Expiration Date




Exercise/Conversion Period/ Date



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

% of voting rights




N/A

N/A

N/A

N/A

N/A

 

Total (A+B)

Number of voting rights


% of voting rights


6,648,555

3.16%

 

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

Prudential plc (parent Company)

The Prudential Assurance Company Limited (wholly owned subsidiary of Prudential plc

 

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:

 

PRUDENTIAL PLC

Registered Holder

Holding

%

MAGIM HSBC GIS NOM(UK) SALI

47,649

 

PRUCLT HSBC GIS NOM(UK) PAC AC

6,146,088

 

PRUCLT HSBC GIS NOM(UK) PPL AC

314,690

 

PRUCLT HSBC GIS NOM(UK) EQBF AC

17,412

 

PRUCLT HSBC GIS NOM(UK) MNBF AC

23,379

 

PRUCLT HSBC GIS NOM(UK) PENE AC

99,337

 

Total

6,648,555

3.16

 

M&G GROUP LIMITED

Registered Holder

Holding

%

MAGIM HSBC GIS NOM(UK) SALI

47,649

 

PRUCLT HSBC GIS NOM(UK) PAC AC

6,146,088

 

PRUCLT HSBC GIS NOM(UK) PPL AC

314,690

 

Total

6,508,427

3.09

 

 

14. Contact name:

Dipesh Varsani

M&G Investment Management Limited

 

15. Contact telephone number:

020 7548 3261

 

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