Holding(s) in Company <Origin Href="QuoteRef">WEIR.L</Origin>
05/01/2016 11:50
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 The Weir Group Plc
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 TIAA-CREF Investment Management, LLC on behalf of the accounts listed in Exhibit B Teachers Advisors, Inc. on behalf of the funds Listed in Exhibit C
notification obligation: iii
4. Full name of shareholder(s) See Number 3
(if different from 3.): iv
5. Date of the transaction and date on 23 December 2015
which the threshold is crossed or
reached: v
6. Date on which issuer notified: 29 December 2015
7. Threshold(s) that is/are crossed or 3%
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
GB0009465807 6,075,910 6,075,910 6,440,696 6,440,696 0 3.01% 0%
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.
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 Exercise price Expiration date xvii Exercise/ Number of voting rights instrument refers to % of voting rights xix, xx
instrument Conversion period xviii
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
6,440,696 3.01%
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 as of December 23, 2015 we hold 1,876,490 shares of The Weir Group Plc. CREF owns these shares through two of its investment accounts, the Global Equities Account and CREF Stock Account. The CREF Stock Account bought 55,849 shares on December 23, 2015 representing 0.026% of the shares outstanding. It is our understanding the total voting shares outstanding of The Weir Group Plc is 213,976,078 bringing CREF's ownership in your company to a
0.877% level following the acquisition of shares on 23 December 2015. For your information, CREF is a U.S. based investment company, which is registered with the Securities and Exchange Commission ("SEC"). CREF has multiple investment accounts, each with separate investment objectives and policies. All assets in the accounts are beneficially owned by CREF, and all the accounts are managed by TIAA-CREF Investment Management, LLC, an SEC registered investment adviser. Additionally, affiliates of CREF on
December 23, 2015 bought 308,937 shares bringing their total owned to 4,564,206 shares of The Weir Group Plc. These holdings are owned by the TIAA-CREF Funds ("Funds"), and the TIAA-CREF Life Funds ("Life Funds"), each of which are SEC registered investment companies. The Funds and Life Funds are managed by Teachers Advisors, Inc., an SEC registered investment adviser that is affiliated with TIAA-CREF Investment Management, LLC. These affiliated funds, aggregated with those of CREF, own a total of
6,440,696 or 3.01% of the outstanding voting shares of The Weir Group Plc. Because Teachers Advisors, Inc. and TIAA-CREF Investment Management, LLC follow the same policies when voting these funds, we are aggregating the holdings for purposes of this form. (See Exhibit A)
Proxy Voting:
10. Name of the proxy holder: TIAA-CREF Investment Management, LLC/ Teachers Advisors, Inc.
11. Number of voting rights proxy holder will cease N/A
to hold:
12. Date on which proxy holder will cease to hold N/A
voting rights:
None
13. Additional information:
14. Contact name: Stuart R. Brunet
15. Contact telephone number: +1-415-882-3711
EXHIBIT A.
TIAA-CREF
Summary of Holdings of The Weir Group Plc
Between December 22, 2015 - December 23, 2015
TIAA-CREF Investment Management LLC ("CREF") Teachers Advisors, Inc. Aggregate Holding
Global Equities Account Stock Account Total CREF Holdings Total CREF % TIAA-CREF Inter-national Equity Fund TIAA-CREF Life International Equity Fund TIAA-CREF Intl Equity Index Fund Total Mutual Funds Holdings Total Mutual Funds % Total Holdings Total %
Holdings as of December 22, 2015 11,799 1,808,842 1,820,641 0.851% 4,060,694 86,392 108,183 4,255,269 1.989% 6,075,910 2.840%
Transactions as of December 23, 2015 - 55,849 55,849 0.026% 302,019 6,918 - 308,937 0.144% 364,786 0.170%
Holdings as of December 23, 2015 11,799 1,864,691 1,876,490 0.877% 4,362,713 93,310 108,183 4,564,206 2.133% 6,440,696 3.010%
Total Voting Shares Outstanding 213,976,078
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, Inc.
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#1976716Recent news on Weir
See all newsREG - Weir Group PLC - Holding(s) in Company
AnnouncementREG - Weir Group PLC - Holding(s) in Company
AnnouncementRCS - Weir Group PLC - Weir receives 'A' score from CDP
AnnouncementRCS - Weir Group PLC - Weir and Olayan announce key milestone
AnnouncementREG - Weir Group PLC - Directorate change
Announcement