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