REG-Admiral Group PLC : Holding(s) in Company <Origin Href="QuoteRef">ADML.L</Origin>

AdmiralAnnouncement

15/03/2016 11:10

For filings with the FCA include the annex                                                                                                                                                                  
  For filings with issuer exclude the annex                                                                                                                                                                   
                                                                                                                                                                                                              
  TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES i                                                                                                                                                             
                                                                                                                                                                                                             
  1. Identity of the issuer or the underlying issuer                                                                                           Admiral Group Plc - Admiral Group PLC (ADM LN)                 
  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) subject to the                              a) Shareholder: Münchener Rückversicherungs-AG ("Munich Re")   b) person acquiring: MR Beteiligungen 16. GmbH                       
  notification obligation: iii                                                                                                                                                                                 
  4. Full name of shareholder(s)                                                                                                                                                                              
   (if different from 3.): iv                                                                                                                                                                                 
  5. Date of the transaction and date on                                14 March 2016                                                                                                                          
  which the threshold is crossed or                                                                                                                                                                            
  reached: v                                                                                                                                                                                                   
  6. Date on which issuer notified:                                     14 March 2016                                                                                                                          
  7. Threshold(s) that is/are crossed or                                10 %                                                                                                                                   
  reached: vi, vii                                                                                                                                                                                             
                                                                                                                                                                                                         
  8. Notified details:                                                                                                                                                                                                                    
  A: Voting rights attached to shares viii, ix                                                                                                                                                                                            
  Class/type of                       Situation previous                                                         Resulting situation after the triggering transaction                                                                     
  shares                              to the triggering                                                                                                                                                                                   
  if possible using the ISIN CODE     transaction                                                                                                                                                                                         
  Number                                                     Number                                   Number                Number of voting                         % of  voting rights x                                     
  of                                                         of                                       of shares             rights                                                                                              
  Shares                                                     Voting                                                                                                                                                             
                                                             Rights                                                                                                                                                             
  Direct                                          Direct xi             Indirect xii    Direct                              Indirect                 
  GB00B02J6398                        28,599,400                        28,599,400                               28,599,400            28,599,400                                  10.2                                                 
                                    
                                                                                                                                                                                                                                         
  B: Qualifying Financial Instruments                                                                                                                                                                                                     
  Resulting situation after the triggering transaction                                                                                                                                                                                    
  Type of financial                                          Expiration                 Exercise/                                                     Number of voting                                       % of voting                  
  instrument                                                 date xiii                  Conversion Period xiv                                         rights that may be                                     rights                       
                                                                                                                                                      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 financial                               Exercise price        Expiration date xvii          Exercise/                        Number of voting rights instrument refers to               % of voting rights xix, xx            
  instrument                                                                                          Conversion period xviii                                                                                                             
                                                                                                                                                                                             Nominal                       Delta    
                                                                     
                                                                                                                                                                                                                                         
  Total (A+B+C)                                                                                                                                                                                                                           
  Number of voting rights                                                                                                   Percentage of voting rights                                                                                   
  28,599,400                                                                                                                10.2                                                                                                          
                                                                                                                                                                                                                         
  9. Chain of controlled undertakings through which the voting rights and/or the  
  financial instruments are effectively held, if applicable: xxi     
  MR-Beteiligungen16. GmbH (Munich) is a 100% subsidiary of Munich Reinsurance Company (Munich)  
                                                                    
  Proxy Voting:                                                      
  10. Name of the proxy holder:                                     
  11. Number of voting rights proxy holder will cease               
  to hold:                                                           
  12. Date on which proxy holder will cease to hold                 
  voting rights:                                                     
                                                                    
                                                                     
  13. Additional information:                                        
  14. Contact name:                                                 
  15. Contact telephone number:                                     
                                                                  
  Note: Annex should only be submitted to the FCA not the issuer                                                                                                                           
  Annex: Notification of major interests in shares xxii                                                                                                                                    
                                                                                                                                                                                          
  A: Identity of the persons or legal entity subject to the notification obligation                                                                                                        
  Full name (including legal form of legal entities)                                                                               MR Beteiligungen 16. GmbH Frank Weisshaupt, Director   
  Contact address (registered office for legal entities)                                                                           Königin Str. 107, 80802 München                      
  Phone number & email                                                                                                             fweisshaupt@munichre.com +49 (89) 3891-8860           
  Other useful information (at least legal representative for legal persons)                                                                                                             
                                                                                                                                                                                         
  B: Identity of the notifier, if applicable                                                                                                                                               
  Full name                                                                                                                                                                              
  Contact address                                                                                                                                                                        
  Phone number & email                                                                                                                                                                   
  Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)                                                          
                                                                                                                                                                                          
  C: Additional information                                                                                                                                                                
                                                                                                                                                                                          
  For notes on how to complete form TR-1 please see the FCA website