CANDOVER INVESTMENTS PLC: TR-1: Notification of Major Interest in Shares

CANDOVER INVESTMENTS PLC: TR-1: Notification of Major Interest in Shares
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                                 
                                                                           
1. Identity of the issuer or the underlying issuer of existing Candover       
shares to which voting rights are attached:                    Investments plc 


                                                                              
    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     3 January 2013           
threshold is crossed or reached:                                               


                                                                              
                                                                              


                                                                          
6. Date on which issuer notified:                    4 January 2013            


                                                                              
                                                                              


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


                                                     decreased to below 5%    
                                                                              
                                                                              
    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 
rights
using           of        of        of shares rights                             
the ISIN CODE   Shares    Voting                                                 
                         Rights    Direct    Direct Indirect  Direct   
Indirect   
                                                                             
Ord 25p Shares                                                                   
               1,208,684 1,208,684                  1,047,949          4.812%   
GB0001713154                                                                     
                                                                                
  
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.              
                                                                              
                                                                              
                                                                              
                                                                              
                                                                              


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                
                                                                          
1,047,949                           4.812%                                     
                                                                           
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:                     


                                                                              
                                                                              


                                                                          
1,041,702 shares (4.783%) are under the control of Scottish Widows Investment 
Partnership Ltd, a wholly owned subsidiary of Scottish Widows Investment      
Partnership Group Limited, 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           Notification using the Total Voting Rights figure of 
information:             21,778,580                                            


                                                                              
                                                                              


                                                                          
14. Contact name:        Andrew Kellett                                        


                                                                              
                                                                              


                                                                          
15. Contact telephone    0113 235 7729                                        
number:                                                                        


                                                                              
                                                                              
                                                                              



END 
-0- Jan/04/2013 15:58 GMT
 
 
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