Holdings in Company
21st Sep 2009
Pursuit Dynamics plc
("Pursuit Dynamics" or the "Company")
Holdings in Company
The Company received notification on 16th September 2009 from Prudential plc that on 15th September 2009, it acquired an interest in 2,921,003 ordinary shares. Following the transaction, Prudential plc has a total holding of 9,688,494 ordinary shares of 1p each in the Company, representing 14.89% per cent. of the Company's current issued share capital.
Prudential plc's total holding is partly held through M&G Investment Funds 3 which has a total holding of 8,300,000 ordinary shares of 1p each in the Company. The M&G Investment Funds 3 is an Open Ended Investment Company (OEIC) and is not a Prudential company and must be separately disclosed. The OEIC Fund is managed by M&G Investment Management Limited (a wholly owned subsidiary of Prudential plc) and will have been previously attributed to Prudential plc solely on the basis that M&G Investment Management Limited has direct fund management control over the 8,300,000 ordinary shares of 1p each in the Company.
