REG-Holding(s) in Company <Origin Href="QuoteRef">WEIR.L</Origin>
23/03/2016 08:15
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 21 March 2016
which the threshold is crossed or
reached: v
6. Date on which issuer notified: 22 March 2016
7. Threshold(s) that is/are crossed or 4%
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 7,856,591 7,856,591 8,586,244 8,586,244 0 4.013% 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
8,586,244 4.013%
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 March 21, 2016 we bought 90,081 shares bringing the total owned to 1,906,422 shares of The Weir Group Plc. 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 213,976,078 bringing CREF's ownership in your company to a 0.891% level. 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 March 21, 2016 bought 639,572 shares bringing the total owned to 6,679,822 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 8,586,244 or 4.013% 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 March 18, 2016 - March 21, 2016
TIAA-CREF Teachers Advisors, Inc. Aggregate
Investment Holding
Management LLC
("CREF")
Global Equities Account Stock Account Total CREF Holdings Total TIAA-CREF Inter- national Equity Fund TIAA-CREF Life Inter- national Equity Fund TIAA-CREF Intl Equity Index Fund Total Mutual Funds Holdings Total Total Holdings Total
CREF Mutual %
% Funds
%
Holdings as of March 18, 2016 14,298 1,802,043 1,816,341 0.849% 5,804,952 117,864 117,434 6,040,250 2.823% 7,856,591 3.672%
Transactions as of March 21, 2016 - 90,081 90,081 0.042% 630,564 9,008 - 639,572 0.299% 729,653 0.341%
Holdings as of March 21, 2016 14,298 1,892,124 1,906,422 0.891% 6,435,516 126,872 117,434 6,679,822 3.122% 8,586,244 4.013%
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
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