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:
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):
24 September 2008
6. Date on which issuer
notified:
25 September 2008
7. Threshold(s) that is/are crossed or
reached:
M&G Investment Management Limited (wholly
owned subsidiary of M&G Limited) has moved to a 5% notifiable
interest triggering this notification.
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
|
10,546,005
|
10,546,005
|
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
|
10,724,533
|
10,724,533
|
|
5.10%
|
|
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
|
|
10,724,533
|
5.10%
|
9. Chain of
controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if
applicable:
Prudential plc (parent Company)
M&G Group Limited (wholly owned subsidiary
of Prudential plc)
M&G Investment Management Limited (wholly
owned subsidiary of M&G Limited)
M&G Limited (wholly owned subsidiary of
M&G Group Limited)
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
|
|
|
NORTRUST NOMINEE LTD A/C MHF01
|
44,129
|
|
|
NORTRUST NOMINEE LTD A/C MHJ01
|
683,113
|
|
|
NORTRUST NOMINEE LTD A/C MKB01
|
839,032
|
|
|
NORTRUST NOMINEE LTD A/C MKM01
|
130,000
|
|
|
NORTRUST NOMS LTD
|
29,191
|
|
|
NORTRUST NOMS LTD A/C PUF01
|
56,337
|
|
|
NORTRUST NOMS LTD A/C PUI01
|
6,446
|
|
|
NORTRUST NOMS LTD A/C PUQ01
|
250,000
|
|
|
NORTRUST NOMS LTD A/C PUR01
|
744,482
|
|
|
PRUCLT HSBC GIS NOM(UK) PAC AC
|
7,402,261
|
|
|
PRUCLT HSBC GIS NOM(UK) PPL AC
|
351,765
|
|
|
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
|
10,724,533
|
5.10
|
M&G GROUP LIMITED
|
Registered Holder
|
Holding
|
%
|
|
MAGIM HSBC GIS NOM(UK) SALI
|
47,649
|
|
|
NORTRUST NOMINEE LTD A/C MHF01
|
44,129
|
|
|
NORTRUST NOMINEE LTD A/C MHJ01
|
683,113
|
|
|
NORTRUST NOMINEE LTD A/C MKB01
|
839,032
|
|
|
NORTRUST NOMINEE LTD A/C MKM01
|
130,000
|
|
|
NORTRUST NOMS LTD
|
29,191
|
|
|
NORTRUST NOMS LTD A/C PUF01
|
56,337
|
|
|
NORTRUST NOMS LTD A/C PUI01
|
6,446
|
|
|
NORTRUST NOMS LTD A/C PUQ01
|
250,000
|
|
|
NORTRUST NOMS LTD A/C PUR01
|
744,482
|
|
|
PRUCLT HSBC GIS NOM(UK) PAC AC
|
7,402,261
|
|
|
PRUCLT HSBC GIS NOM(UK) PPL AC
|
351,765
|
|
|
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
|
10,724,533
|
5.10
|
M&G INVESTMENT MANAGEMENT LIMITED
|
Registered Holder
|
Holding
|
%
|
|
MAGIM HSBC GIS NOM(UK) SALI
|
47,649
|
|
|
NORTRUST NOMINEE LTD A/C MHJ01
|
683,113
|
|
|
NORTRUST NOMINEE LTD A/C MKB01
|
839,032
|
|
|
NORTRUST NOMINEE LTD A/C MKM01
|
130,000
|
|
|
NORTRUST NOMS LTD
|
29,191
|
|
|
NORTRUST NOMS LTD A/C PUF01
|
56,337
|
|
|
NORTRUST NOMS LTD A/C PUI01
|
6,446
|
|
|
NORTRUST NOMS LTD A/C PUQ01
|
250,000
|
|
|
NORTRUST NOMS LTD A/C PUR01
|
744,482
|
|
|
PRUCLT HSBC GIS NOM(UK) PAC AC
|
7,402,261
|
|
|
PRUCLT HSBC GIS NOM(UK) PPL AC
|
351,765
|
|
|
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
|
10,680,404
|
5.08
|
M&G LIMITED
|
Registered Holder
|
Holding
|
%
|
|
MAGIM HSBC GIS NOM(UK) SALI
|
47,649
|
|
|
NORTRUST NOMINEE LTD A/C MHF01
|
44,129
|
|
|
NORTRUST NOMINEE LTD A/C MHJ01
|
683,113
|
|
|
NORTRUST NOMINEE LTD A/C MKB01
|
839,032
|
|
|
NORTRUST NOMINEE LTD A/C MKM01
|
130,000
|
|
|
NORTRUST NOMS LTD
|
29,191
|
|
|
NORTRUST NOMS LTD A/C PUF01
|
56,337
|
|
|
NORTRUST NOMS LTD A/C PUI01
|
6,446
|
|
|
NORTRUST NOMS LTD A/C PUQ01
|
250,000
|
|
|
NORTRUST NOMS LTD A/C PUR01
|
744,482
|
|
|
PRUCLT HSBC GIS NOM(UK) PAC AC
|
7,402,261
|
|
|
PRUCLT HSBC GIS NOM(UK) PPL AC
|
351,765
|
|
|
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
|
10,724,533
|
5.10
|
THE PRUDENTIAL ASSURANCE COMPANY LIMITED
|
Registered Holder
|
Holding
|
%
|
|
MAGIM HSBC GIS NOM(UK) SALI
|
47,649
|
|
|
PRUCLT HSBC GIS NOM(UK) PAC AC
|
7,402,261
|
|
|
PRUCLT HSBC GIS NOM(UK) PPL AC
|
351,765
|
|
|
Total
|
7,801,675
|
3.71
|
14. Contact name:
Dipesh Varsani
M&G Investment Management Limited
15. Contact telephone
number:
020 7548 3261