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Wednesday, 15 November 2017

Travis Perkins PLC : TR1 - Notification of Major Interest in Shares

Travis Perkins PLC    

Published: 11:20 CET 15-11-2017 /GlobeNewswire /Source: Travis Perkins PLC / : TPK /ISIN: GB0007739609

Travis Perkins PLC : TR1 - Notification of Major Interest in Shares

 

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i

 

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

Travis Perkins Plc (Company No. 00824821)

1b. Please indicate if the issuer is a non-UK issuer  (please mark with an "X" if appropriate)

Non-UK issuer

 

2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights

X

An acquisition or disposal of financial instruments

 

An event changing the breakdown of voting rights

 

Other (please specify)iii:

 

3. Details of person subject to the notification obligationiv

Name

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 Asset Management, LLC on behalf of the accounts listed in Exhibit D.

 

City and country of registered office (if applicable)

TIAA-CREF Investment Management, LLC - New York, USA

 

Teachers Advisors, LLC. - New York, USA

 

Nuveen Asset Management, LLC. - Chicago, USA

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

Name

See Number 3.

City and country of registered office (if applicable)

See Number 3.

5. Date on which the threshold was crossed or reachedvi:

08 November 2017

6. Date on which issuer notified (DD/MM/YYYY):

10 November 2017

7. Total positions of person(s) subject to the notification obligation

 

% of voting rights attached to shares (total of 8. A)

% of voting rights through financial instruments
(total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights of issuervii

Resulting situation on the date on which threshold was crossed or reached

4.129%

0

4.129%

10,368,460

Position of previous notification (if

applicable)

3.064%

0

3.064%

 

 


8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii

A: Voting rights attached to shares

Class/type of
shares

ISIN code (if possible)

Number of voting rightsix

% of voting rights

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

GB0007739609

10,368,460

0%

4.129%

0%

SUBTOTAL 8. A

10,368,460

4.129%

 

 

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

Type of financial instrument

Expiration
date
x

Exercise/
Conversion Period
xi

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

 

 

SUBTOTAL 8. B 1

N/A

N/A

 

 

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of financial instrument

Expiration
date
x

Exercise/
Conversion Period
xi

Physical or cash

settlementxii

Number of voting rights

% of voting rights

N/A

N/A

N/A

N/A

N/A

N/A

 

 

 

SUBTOTAL 8.B.2

N/A

N/A

 

 

9. Information in relation to the person subject to the notification obligation (please mark the

applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii

X

Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entity
xiv (please add additional rows as necessary)

 

Namexv

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

 

 

 

 

 

10. In case of proxy voting, please identify:

Name of the proxy holder

TIAA-CREF Investment Management, LLC/ Teachers Advisors, LLC/ Nuveen Asset Management, LLC

The number and % of voting rights held

N/A

The date until which the voting rights will be held

N/A

 

11. Additional informationxvi

The College Retirement Equities Fund ("CREF") hereby informs you that on November 8, 2017, CREF bought 136,333 shares of Travis Perkins Plc bringing its share ownership to 2,594,673.  CREF owns these shares through three of its investment accounts: the Global Equities Account, the Stock Account and the Social Choice Account.  It is our understanding the total voting shares outstanding of Travis Perkins Plc is 251,116,015, bringing CREF's ownership in Travis Perkins Plc to a 1.033% 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 ("TCIM"), an SEC registered investment adviser.

 

Additionally, on November 8, 2017 funds managed by an affiliate of CREF bought 662,417 shares of Travis Perkins Plc. This brings the total ownership of these affiliated funds to 7,771,166 shares or 3.095% of Travis Perkins Plc. These holdings are owned by mutual funds which are investment portfolios of the TIAA-CREF Funds or the TIAA-CREF Life Funds (collectively, the "Funds").  The Funds are SEC registered investment companies and the Funds are managed by Teachers Advisors, LLC ("TAL"), an SEC registered investment adviser that is affiliated with TCIM.

 

In addition, Nuveen Asset Management, LLC ("NAM"), an SEC registered investment adviser that is affiliated with TCIM and TAL, holds an additional 2,621 shares or 0.001% of Travis Perkins Plc through separate accounts that it advises.

 

A total of 10,368,460 or 4.129% of the outstanding voting shares of Travis Perkins Plc are owned, in aggregate, by CREF and these affiliated funds and accounts. TAL and TCIM follow the same policies when voting on behalf of CREF and the Funds. Additionally, each of TAL, TCIM and NAM separately and independently vote all proxies for shares held in Travis Perkins Plc. We are therefore aggregating the holdings in Travis Perkins Plc as requested by the current FCA Disclosure and Transparency Rules for purposes of this form.

 

(See Exhibit A)

 

 

Place of completion

TIAA-CREF Investment Management, LLC, 730 Third Avenue, New York, New York 10017-3206 USA

Date of completion

10 November 2017

 

 

 

EXHIBIT A.

 

TIAA-CREF

Summary of Holdings of Travis Perkins PLC

Between November 7, 2017 - November 8, 2017

TIAA-CREF Investment Management LLC  ("CREF")

 

Global Equities Account

Social Choice Account

Stock Account

Total CREF Holdings

Total CREF %

Holdings as of November 7, 2017

  14,013

  1,172

  2,443,155

  2,458,340

0.979%

Transactions as of November 8, 2017

  - 

 

  136,333

  136,333

0.054%

Holdings as of November 8, 2017

  14,013

   1,172

  2,579,488

  2,594,673

1.033%

 

Teachers Advisors LLC

 

TIAA-CREF International Equity Fund

TIAA-CREF International Equity Index Fund

TIAA-CREF Social Choice International Equity Fund

TIAA-CREF Life International Equity Fund

Nushares ESG International Developed Mkt Equity ETF

Total Mutual Funds  Holdings

Total Mutual Funds %

Holdings as of November 7, 2017

6,733,616

223,791

1,549

149,793

0

7,108,749

2.831%

Transactions as of November 8, 2017

  648,259

  - 

  - 

  14,158

  - 

  662,417

0.264%

Holdings as of November 8, 2017

7,381,875

223,791

1,549

163,951

0

7,771,166

3.095%

 

Aggregate Holding

 

Total Holdings

Total %

Holdings as of November 7, 2017

9,567,089

3.810%

Transactions as of November 8, 2017

  798,750

0.318%

Holdings as of November 8, 2017

10,365,839

4.128%

 

 

 

Nuveen Asset Management, LLC (NAM)

 

NAM

Total NAM Holdings

Total NAM%

Holdings as of November 7, 2017

2,621

2,621

0.001%

Transactions as of November 8, 2017

-

-

 

Holdings as of November 8, 2017

2,621

2,621

0.001%

 

Total Combined

Total Percentage

  10,368,460

4.129%

 

Exhibit B.

 

TIAA-CREF Investment Management, LLC

 

College Retirement Equities Fund ("CREF") *

  • CREF Stock Account
  • CREF Global Equities Account
  • CREF Social Choice Account

 

*     Registered Investment Company

 

Exhibit C.

 

Teachers Advisors, LLC

 

TIAA-CREF Funds *

  • International Equity Fund
  • International Equity Index Fund
  • Social Choice International Equity Fund
  • Nushares ESG International Developed Market Equity ETF

 

TIAA-CREF Life Funds *

  • Life International Equity Fund

 

*     Registered Investment Company

 

Exhibit D.

 

  • Nuveen Asset Management, LLC*

 

*     Registered Investment Adviser.

 

 





This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of Nasdaq Corporate Solutions clients. Source: Travis Perkins PLC, Ryehill House, Rye Hill Close Lodge Farm Ind Est, Northampton NN5 7UA, United Kingdom
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