Indus Gas Limited INDI NOTIFICATION OF MAJOR INTEREST IN SHARES

  Indus Gas Limited (INDI) - NOTIFICATION OF MAJOR INTEREST IN SHARES

RNS Number : 8704Q
Indus Gas Limited
12 November 2012






TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES



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



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           Lloyds Banking Group plc
notification obligation:


4. Full name of shareholder(s) (if different from  See Section 9
3.):


5. Date of the transaction and date on which the   08 November 2012
threshold is crossed or reached:


6. Date on which issuer notified:                  09 November 2012


7. Threshold(s) that is/are crossed or reached:    Indirect holdings decreased
                                                   to below 12%




8. Notified details:
A: Voting rights attached to shares


Class/type of  Situation previous    Resulting situation after the triggering
shares         to the triggering     transaction
               transaction
if possible    Number     Number     Number  Number of voting  % of voting
using          of         of         of      rights            rights
the ISIN CODE  Shares     Voting     shares
                          Rights     Direct  Direct Indirect   Direct Indirect
Ord 1p shares  22,129,031 22,129,031                20,586,826        11.255%
GG00B39HF298



B: Qualifying Financial Instruments
Resulting situation after the triggering transaction


Type of financial Expiration Exercise/  Number of voting      % of voting
instrument        date       Conversion rights that may be    rights
                             Period     acquired if the
                                        instrument is
                                        exercised/ converted.

                                        
N/A



C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments
Resulting situation after the triggering transaction


Type of       Exercise   Expiration   Exercise/   Number of    % of voting
financial     price      date         Conversion  voting       rights
instrument                            period      rights
                                                  instrument   
                                                  refers to
                                                               Nominal  Delta

                                                                          



Total (A+B+C)


Number of voting rights Percentage of voting rights
20,586,826              11.255%



9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
20,542,903 shares (11.231%) are under the control of Scottish Widows
Investment Partnership Ltd, a wholly owned subsidiary of Scottish Widows
Investment Partnership Group Ltd, a wholly owned subsidiary of Scottish Widows
Group Ltd, a wholly owned subsidiary of Lloyds TSB Bank plc, a wholly owned
subsidiary of Lloyds Banking Group 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:   Notification using the total voting rights
                              figure of 182,913,924

14. Contact name:             Andrew Kellett


15. Contact telephone number: 0113 235 7729





                     This information is provided by RNS
           The company news service from the London Stock Exchange

END


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