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Travis Perkins (TPK)
Travis Perkins: TR1 Notification of Major Share Interest
02-Jan-2019 / 16:27 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
TR-1: Standard form for notification of major holdings
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 Travis Perkins plc (Company No.
or the underlying issuer 00824821)
of existing shares to
which voting rights are
attachedii:
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.
City and country of TIAA-CREF Investment Management,
registered office (if LLC - New York, USA
applicable)
Teachers Advisors, LLC. - New
York, USA
4. Full name of shareholder(s) (if different from 3.)v
Name See Number 3.
City and country of See Number 3.
registered office (if
applicable)
5. Date on which the 21 December 2018
threshold was crossed or
reachedvi:
6. Date on which issuer 24 December 2018
notified (DD/MM/YYYY):
7. Total positions of person(s) subject to the
notification obligation
% of % of voting Total of Total number of
voting rights through both in voting rights of
rights financial % (8.A + issuervii
attache instruments 8.B)
d to (total of 8.B 1
shares + 8.B 2)
(total
of 8.
A)
Resulting 3.904% 0% 3.904% 252,143,923
situation
on the date
on which
threshold
was crossed
or reached
Position of 4.155% 0% 4.155%
previous
notificatio
n (if
applicable)
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 Number of voting rightsix % of voting rights
of
shares
ISIN code
(if
possible)
Direct Indirect Direct Indirect
(Art 9 of (Art 10 of (Art 9 of (Art 10
Directive Directive Directive of
2004/109/EC) 2004/109/EC) 2004/109/EC) Directiv
(DTR5.1) (DTR5.2.1) (DTR5.1) e
2004/109
/EC)
(DTR5.2.
1)
GB0007739609 9,844,889 0% 3.904% 0%
SUBTOTAL 8. 9,844,889 3.904%
A
B 1: Financial Instruments according to Art. 13(1)(a) of
Directive 2004/109/EC (DTR5.3.1.1 (a))
Type of Expiration Exercise/ Number of voting %
financial datex Conversion rights that may be of
instrument Periodxi acquired if the vot
instrument is ing
rig
hts
exercised/converted.
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 Expiration Exercise/ Physical or cash Number %
of datex Conversion of of
financ Period xi voting vot
ial rights ing
instru settlementxii rig
ment hts
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 X
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
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 entityxiv (please add
additional rows as necessary)
Namexv % of voting % of Total of both if it equals or
rights if voting is higher than the notifiable
it equals rights threshold
or is through
higher than financia
the l
notifiable instrume
threshold nts if
it
equals
or is
higher
than the
notifiab
le
threshol
d
10. In case of proxy voting, please identify:
Name of the proxy TIAA-CREF Investment Management, LLC/
holder Teachers Advisors, LLC
The number and % of N/A
voting rights held
The date until which N/A
the voting rights will
be held
11. Additional informationxvi
The College Retirement Equities Fund ("CREF") hereby informs
you on December 21, 2018 funds managed by an affiliate of
CREF sold 686,817 shares of Travis Perkins Plc bringing its
total ownership to 7,721,793 or 3.062% 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. It is our
understanding the total voting shares outstanding of Travis
Perkins Plc is 252,143,923 bringing TAL's voting share
ownership in Travis Perkins Plc to a 3.062% level.
Additionally, on December 21, 2018, CREF owned 2,123,096
shares of Travis Perkins Plc or 0.836% of Travis Perkins
Plc. CREF owns these shares through one of its investment
accounts: the Stock Account.
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.
A total of 9,844,889 or 3.904% 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, TAL and TCIM 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 24 December 2018
Exhibit A
TIAA-CREF
Summary of Holdings of Travis Perkins plc
Between December 20, 2018 - December 21, 2018
TIAA-CREF Investment Management LLC
("CREF")
Stock Account Total CREF Total CREF %
Holdings
Holdings as of 2,123,096 2,123,096 0.842%
December 20, 2018
Transactions as of - - 0.000%
December 21, 2018
Holdings as of 2,123,096 2,123,096 0.842%
December 21, 2018
Teachers Advisors LLC
TIAA-CREF TIAA-CREF Total Total
Internationa Life Mutual Mutual
l Equity Internation Funds Funds %
Fund al Equity Holdings
Fund
Holdings as of 8,226,057 182,553 8,408,610 3.335%
December 20,
2018
Transactions as (672,096) (14,721) (686,817) -0.272%
of December 21,
2018
Holdings as of 7,553,961 167,832 7,721,793 3.062%
December 21,
2018
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January 02, 2019 11:29 ET (16:29 GMT)
