TIDMASD

RNS Number : 4566R

Axis-Shield PLC

03 November 2011

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
--------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                           Axis Shield plc 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
-----------------------------------------------------------  -------------------------- 
 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)                                             FOLKETRYGDFONDET 
  subject to the 
  notification obligation: 
  (iii) 
---------------------------------------------------------  ---------------------------- 
 4. Full name of shareholder(s)                                                     N/A 
  (if different from 3.):(iv) 
---------------------------------------------------------  ---------------------------- 
 5. Date of the transaction                                                  03.11.2011 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
---------------------------------------------------------  ---------------------------- 
 6. Date on which issuer                                                     03.11.2011 
  notified: 
---------------------------------------------------------  ---------------------------- 
 7. Threshold(s) that is/are                                     DISPOSAL OF ALL SHARES 
  crossed or 
  reached: (vi, vii) 
---------------------------------------------------------  ---------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                            Resulting situation after the 
  of             to the triggering                             triggering transaction 
  shares         transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
-------------  --------------------------------------------  ------------------------------------------------------------ 
                Number                      Number            Number       Number of             % of voting 
                 of                          of               of            voting                rights (x) 
                 Shares                      Voting           shares        rights 
                                             Rights 
-------------  --------------------------  ----------------  -----------  --------------------  ------------------------- 
                                                              Direct       Direct     Indirect   Direct        Indirect 
                                                                           (xi)        (xii) 
-------------      ---------  -----------      ------------  -----------  ---------  ---------  ------------  ----------- 
 GB0008039975   3.266.500                   3.266.500         0            0          N/A        0%            N/A 
               --------------------------  ----------------  -----------  ---------  ---------  ------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration                Exercise/                      Number of voting        % of voting 
 financial           date                      Conversion                     rights that             rights 
 instrument          (xiii)                    Period (xiv)                   may be 
                                                                              acquired if 
                                                                              the 
                                                                              instrument 
                                                                              is 
                                                                              exercised/ 
                                                                              converted. 
-----------------  ------------------------  -----------------------------  ----------------------  --------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise     Expiration       Exercise/                  Number of voting        % of voting 
 financial        price         date             Conversion                 rights instrument       rights (xix, 
 instrument                     (xvii)           period                     refers to               xx) 
                                                 (xviii) 
---------------  -----------  ---------------  -------------------------  ----------------------  ----------------------- 
                                                                                                   Nominal       Delta 
---------------  -----------  ---------------  -------------------------  ----------------------  ------------  --------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                        Percentage of voting rights 
-------------------------------------------------------------  ---------------------------------------------------------- 
 0                                                              0% 
-------------------------------------------------------------  ---------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
---------------------------------------------------------------------------------------- 
 
 
 Proxy Voting: 
---------------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                                       N/A 
-------------------------------------------------------  ------------------------------- 
 11. Number of voting rights proxy                                                   N/A 
  holder will cease to hold: 
-------------------------------------------------------  ------------------------------- 
 12. Date on which proxy holder will                                                 N/A 
  cease to hold voting rights: 
-------------------------------------------------------  ------------------------------- 
 
 
  13. Additional information:                                                        N/A 
-------------------------------------------------------  ------------------------------- 
 14. Contact name:                                        Geir Kirkeby / Nils Bastiansen 
-------------------------------------------------------  ------------------------------- 
 15. Contact telephone number:                                             0047 23117200 
-------------------------------------------------------  ------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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