Holding(s) in Company

GlobeNewswire

For filings with the FCA include the annex

 

For filings with issuer exclude the annex

 

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

 

 

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

The Weir Group 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
notification obligation:
iii

TIAA-CREF Investment Management, LLC on behalf of the accounts listed in Exhibit B

 

Teachers Advisors, LLC. on behalf of the funds
listed in Exhibit C

 

Nuveen Investments, Inc. on behalf of the equities referred to in Exhibit A

 

4. Full name of shareholder(s)
 (if different from 3.):iv

See Number 3

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

30 November 2016

6. Date on which issuer notified:

01 December 2016

7. Threshold(s) that is/are crossed or
reached:
vi, vii

3%

 

 

 

 

 

 


8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of
shares


if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

GB0009465807

6,644,753

6,644,753

5,677,476

5,677,476

0

2.607%

0%

 

US94876Q2057

 

(ADRs in relation to Ordinary Shares with ISIN GB0009465807)

2,609

1,304.5

2,577

1,288.5

0

.001%

0%

 

 

 

 

 

 

 

 

 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date
xiii

Exercise/
Conversion Period
xiv

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

 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date xvii

Exercise/
Conversion period
xviii

Number of voting rights instrument refers to

 

% of voting rights xix, xx

 

N/A

N/A

N/A

N/A

N/A

 

Nominal

Delta

N/A

N/A

 

Total (A+B+C)

Number of voting rights

Percentage of voting rights

5,678,764.5

2.608%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
xxi

The College Retirement Equities Fund ("CREF") hereby informs you that on November 30, 2016 CREF bought 2,580 shares of The Weir Group Plc bringing its share ownership to 1,911,135.  CREF owns these shares through two of its investment accounts, the Global Equities Account and CREF Stock Account.  It is our understanding the total voting shares outstanding of The Weir Group Plc is 217,738,348 bringing CREF`s ownership in The Weir Group Plc to a 0.878%  level.

 

Additionally, affiliates of CREF on November 30, 2016 sold 969,857 shares of The Weir Group Plc. These shares are owned by the TIAA-CREF Funds ("Funds") and the TIAA-CREF Life Funds ("Life Funds"), each of which is a U.S.-based SEC registered investment company that is managed by Teachers Advisors, LLC. ("TAI"), an SEC registered investment adviser.  TAI is affiliated with TCIM and both are indirect, wholly-owned subsidiaries of Teachers Insurance and Annuity Association of America ("TIAA"), a New York insurance company. In addition, Nuveen Investments, Inc. ("NII") sold 32 ADR`s on November 30, 2016  bringing the total ADR`s owned to 2,577 correlating to 1,288.5 ordinary shares in The Weir Group Plc (We note that one ADR equals .5 ordinary shares). The combined TIAA-Nuveen enterprise now has aggregated holdings of 5,678,764.5 shares or 2.608% of the issued and outstanding voting shares in The Weir Group Plc. 

 

Each of TCIM, TAI and NII are aggregating their holdings in The Weir Group Plc as required by current FCA Disclosure and Transparency Rules.  However, each of TCIM, TAI and NII separately and independently vote all proxies for shares held in The Weir Group Plc. 

 

 

(See Exhibit A)

 

 

Proxy Voting:

10. Name of the proxy holder:

TIAA-CREF Investment Management, LLC/ Teachers Advisors, LLC. / Nuveen Investments, Inc.

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:


None

14. Contact name:

Stuart R. Brunet

15. Contact telephone number:

+1-415-882-3711

 

 

 


EXHIBIT A.

 

 

 

 

 

 

 

 

TIAA-CREF

 

 

 

Summary of Holdings of Weir Group Plc/The

 

 

 

Between November 29, 2016 - November 30, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TIAA-CREF
Investment
Management LLC
("CREF")

Teachers Advisors,
LLC.

Aggregate
Holding

 

Global Equities Account

Stock Account

Total CREF Holdings

Total CREF %

TIAA-
CREF Inter-
national Equity
Fund

TIAA-
CREF
Life
Inter-
national
Equity
Fund

TIAA-
CREF
Intl
Equity
Index
Fund

Total Mutual Funds  Holdings

Total Mutual Funds %

Total Holdings

Total
%

Holdings
as of
November 29,
2016

14,586

1,893,969

1,908,555

0.877%

4,505,029

94,195

136,974

4,736,198

2.175%

6,644,753

3.052%

 

 

 

 

 

 

 

 

 

 

 

 

Transactions
as of
November 30,
2016

-

2,580

2,580

0.001%

(956,320)

(15,798)

2,261

(969,857)

-0.445%

(967,277)

-0.444%

 

 

 

 

 

 

 

 

 

 

 

 

Holdings
as of
November 30,
2016

14,586

1,896,549

1,911,135

0.878%

3,548,709

78,397

139,235

3,766,341

1.730%

5,677,476

2.607%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Voting
Shares
Outstanding

217,738,348

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

ADR

Nuveen Investments, Inc (NII)

 

 

 

Nuveen Investments, Inc

Total Nuveen

Converted
1 ADR=.5 ORD

Total Nuveen %

Total Combined Holdings

 Combined Percentage

Holdings
as of November 29,
2016

2,609

2,609

1,304.5

0.001%

6,646,057.5

3.052%

 

 

 

 

 

 

 

Transactions
as of
November 30,
2016

-32

 

16.0

 

 

 

 

 

 

 

 

 

 

Holdings
as of
November 30,
2016

2,577

2,577

1,288.5

0.001%

5,678,764.5

2.608%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Combined

Total Percentage

 

 

 

 

 

5,678,764.5

2.608%

Exhibit B.

TIAA-CREF Investment Management, LLC

College Retirement Equities Fund ("CREF") *

  • CREF Stock Account

  • CREF Global Equities Account

*     Registered Investment Company

Exhibit C.

Teachers Advisors, LLC.

TIAA-CREF Funds *

  • International Equity Fund

  • International Equity Index Fund

TIAA-CREF Life Funds *

  • Life International Equity Fund

*     Registered Investment Company



This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: The Weir Group PLC via GlobeNewswire

HUG#2061416

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