Shareholding disclosure
TIAA-CREF Investment Management, LLC
Declared position
3.414%
Threshold
Crossed upwards
Timeline
Published
23.01.2009
Transaction
16.01.2009
Transfer date
16.01.2009
Voting rights breakdown
Notice details
Notification ID
TA91M00035
Beneficial owner
TIAA-CREF Investment Management, LLC
Declared address
TIAA-CREF Investment Management, LLC, New York, NY 10017
On 16 January 2009 CREF purchased 557,158 shares bringing CREF's shareholdings in TEMENOS Group AG to 3.285%(1,938,164 shares). An affiliate of CREF recently sold 1,464 shares, bringing total holdings in TEMENOS Group AG by affiliates of CREF to 76,119 shares. These affiliated funds'shares aggregated with those of CREF amount to a total of 2,014,283 shares (3.414%). The College Retirement Equities Fund ("CREF"), a US based investments company, owns the shares through two of its investments accounts: College Retirement Equities Fund-Stock Account and College Retirement Equities Fund-Global Equities Account. These two accounts are managed by TIAA-CREF Investment Management,LLC, an investment adviser. Additionally, an affiliate of CREF owns shares through TIAA-CREF Funds- Large Cap Value Fund and TIAA-CREF Funds- Life Large- Cap Value Fund, which are both managed by Teacher Advisors, Inc., an investment adviser that is affiliated with TIAA-CREF Investment Management,LLC. The holdings of these affiliated funds are aggregated with those of CREF beacause Teachers Advisors, Inc and TIAA-CREF Investment Management,LLC follow the same policies when voting funds.
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