FORM 6-K

FORM 6-K

 

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

Special Report of Foreign Issuer

 

Pursuant to Rule 13a - 16 or 15d - 16 of
The Securities and Exchange Act of 1934

 

For the date of May 9, 2005

 

SIGNET GROUP plc
(Translation of registrant's name into English)


Zenith House
The Hyde
London NW9 6EW
England
(Address of principal executive office)


Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40F.

Form 20-F X      Form 40-F

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes         No X

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-


 



                                                              SCHEDULE 10

                                               NOTIFICATION OF MAJOR INTERESTS IN SHARES


1) Name of company

SIGNET GROUP plc

2) Name of shareholder having a major interest

FMR Corp and Fidelity International Limited ("FIL")

3) Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a
non-beneficial interest or in the case of an individual holder if it is a
holding of that person's spouse or children under the age of 18

Non beneficial interest

4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them

Nominee/Registered Name                                                 Management Company          Shares Held
Bank of New York Brussels                                                              FIL              295,000
JP Morgan Bournemouth                                                                 FISL           11,647,991
Brown Bros Harriman & Co                                                             FMRCO           10,635,011
J P Morgan Chase Bank                                                                FMRCO           28,100,800
Bank of New York Brussels                                                              FPM            1,895,502
Bank of New York Europe Ldn                                                            FPM              234,666
Bankers Trust London                                                                   FPM              487,000
Citibank London                                                                        FPM            1,444,922
Clydesdale Bank plc                                                                    FPM              111,500
JP Morgan Bournemouth                                                                  FPM            1,037,900
Mellon Bank                                                                            FPM              953,821
Midland Securities Services                                                            FPM              243,265
Northern Trust London                                                                  FPM            4,717,692
State Street Bank & Trust Co Lndn                                                      FPM            1,259,157
Grand Total ordinary shares                                                                          63,064,227

The following shares are based on the assumed conversion of 242,500 ADRs (10 shares per ADR)

Brown Brothers Harriman & Co                                                         FMRCO            2,425,000
Grand Total ADR shares                                                                                2,425,000

5) Number of shares/amount of stock acquired

-

6) Percentage of issued class

-

7) Number of shares/amount of stock disposed

20,731,297

8) Percentage of issued class

1.19

9) Class of security

0.5p Ordinary shares

10) Date of transaction

Not stated

11) Date company informed

09.05.05

12) Total holding following this notification

65,489,227

13) Total percentage holding of issued class following this notification

3.77%

14) Any additional information

-

15) Name of contact and telephone number for queries

ANNE KEATES
0870 909 0301

16) Name and signature of authorised company official responsible for
making this notification

Date of notification ..9 May 2005





Letter from FMR Corp and Fidelity International Limited
6 May, 2005

Attn: Company Secretary


Dear Sirs

Enclosed are amended notifications of disclosable interests under the U.K. Companies Act 1985. Please note that while this
information details the disclosable interests of more than one entity, the enclosed disclosure constitutes separate notifications of
interest which have been combined solely for purposes of clarity and efficiency. It is not intended to indicate that any of these
entities act as a group or in concert with respect to these interests.

These disclosures are made in the interest of conformity with the Companies Act. The Interest detailed herein was acquired solely for
investment purposes. For disclosure purposes, holdings should be represented as FMR Corp. and its direct and indirect subsidiaries,
and Fidelity International Limited (FIL) and its direct and indirect subsidiaries, both being non-beneficial holders.


NOTIFICATIONS UNDER SECTIONS 198 TO 202 - UK COMPANIES ACT

1. Company in which shares are held: Signet Group plc

2. Notifiable Interest: Ordinary Shares

   A. FMR Corp.
      82 Devonshire Street
      Boston, MA 02109

      Parent holding company of Fidelity Management & Research Company (FMRCO), investment manager for US mutual funds,
      and Fidelity Management Trust Company (FMTC), a US state chartered bank which acts as a trustee or investment
      manager of various pension and trust accounts. (See Schedule above for listing of Registered Shareholders and their
      holdings).

   B. Fidelity International Limited (FIL)
      P.O. Box HM 670
      Hamilton HMCX, Bermuda

      Parent holding company for various direct and indirect subsidiaries, including Fidelity Investment
      Services Ltd. (FISL), Fidelity Gestion (FIGEST), Fidelity Investments Advisory (Korea) Limited
      (FIA(K)L), Fidelity Investments Management (Hong Kong) Limited (FIMHK),Fidelity Pension Management
      (FPM), and Fidelity Investments International (FII), investment managers for various non-US
      investment companies and institutional clients.

3. The notifiable interests also comprise the notifiable interest of:

      Mr. Edward C. Johnson 3d
      82 Devonshire Street
      Boston, MA 02109

      Principal shareholder of FMR Corp. and Fidelity International Limited.

4. The notifiable interests include interest held on behalf of authorized unit trust schemes in the U.K., notwithstanding the
   exemption from reporting pursuant to Section 209 (1)(h) of the Companies Act 1985.

5. These notifications of disclosable interests constitute separate notifications of interest in the shares and are combined
   solely for the purposes of clarity and efficiency. Nothing herein should be taken to indicate that FMR Corp. and its direct
   and indirect subsidiaries, Fidelity International Limited and its direct and indirect subsidiaries or Mr. Edward C. Johnson
   3d act as a group or in concert in respect of the disclosed interests, or that they are required to submit these
   notifications on a joint basis.

6. The disclosable interests arise under section 208 (4)(b) of the Act, namely where a person, not being the registered holder,
   is entitled to exercise a right conferred by the holding of the shares or to control the exercise of such rights, or under
   section 203 of the Act respectively.


By Rani Jandu
Regulatory Reporting Manager, FIL - Investment Compliance
Duly authorized under Powers of Attorney dated August 25, 2004, by Eric D Roiter by and on behalf of FMR Corp. and its direct and
indirect subsidiaries, and Fidelity International Limited and its direct and indirect subsidiaries.



END

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

                                                                 SIGNET GROUP plc

                                                              By: /s/ Walker Boyd

                                                               Name: Walker Boyd
                                                                            Title: Group Finance Director

Date:   May 9, 2005