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Holding(s) in Company

Date : 24/05/2012 @ 14:46
Source : UK Regulatory (RNS & others)
Stock : Innovation Grp (TIG)
Quote : 27.25  0.0 (0.00%) @ 15:49

Holding(s) in Company

TIDMTIG

RNS Number : 0606E

Innovation Group PLC

24 May 2012

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                       Innovation Group Plc 
  issuer 
  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 
---------------------------------------------------------------------------------------  -------- 
 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             Hermes Equity Ownership Services Limited 
  to the 
  notification obligation: (iii) 
--------------------------------------------  --------------------------------------------------- 
 4. Full name of shareholder(s)                Shares are held by the relevant custodian(s) 
  (if different from 3.):(iv) 
--------------------------------------------  --------------------------------------------------- 
 5. Date of the transaction and date                                                  23 May 2012 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
--------------------------------------------  --------------------------------------------------- 
 6. Date on which issuer notified:                                                    24 May 2012 
--------------------------------------------  --------------------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                           9% 
--------------------------------------------  --------------------------------------------------- 
 
 
 
 8. Notified details: 
----------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
----------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                    Resulting situation after the triggering 
  of             to the triggering                     transaction 
  shares         transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
-------------  ------------------------------------  ------------------------------------------------------------------ 
                Number             Number             Number       Number of voting           % of voting rights 
                 of                 of                 of shares    rights                     (x) 
                 Shares             Voting 
                                    Rights 
-------------  -----------------  -----------------  -----------  -------------------------  -------------------------- 
                                                      Direct       Direct        Indirect     Direct      Indirect 
                                                                    (xi)          (xii) 
-------------      ------  -----      -------  ----  -----------  ------------  -----------  ----------  -------------- 
 0687209 
 
 GB0006872096   77,047,177         77,047,177                                    86,803,275               9.21181% 
               -----------------  -----------------  -----------  ------------  -----------  ----------  -------------- 
 
 
 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          rights that may          rights 
                                                 (xiv)                      be 
                                                                            acquired if the 
                                                                            instrument is 
                                                                            exercised/ converted. 
-------------------------  ------------------  -------------------------  -----------------------  -------------------- 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments (xv, xvi) 
----------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------------- 
 Type of            Exercise           Expiration     Exercise/    Number of voting           % of voting rights 
 financial           price              date (xvii)   Conversion    rights instrument          (xix, xx) 
 instrument                                           period        refers to 
                                                      (xviii) 
-----------------  -----------------  -------------  -----------  -------------------------  -------------------------- 
                                                                                              Nominal       Delta 
-----------------  -----------------  -------------  -----------  -------------------------  ------------  ------------ 
 
 
 Total (A+B+C) 
----------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                           Percentage of voting rights 
----------------------------------------------------------------  ----------------------------------------------------- 
 86,803,275                                                        9.21181% 
----------------------------------------------------------------  ----------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
--------------------------------------------------------------------------------- 
 BT Pension Scheme Trustees Limited, as trustee of the BT Pension Scheme 
  ("BTPS") controls Britel Fund Trustees Limited, which is the parent undertaking 
  of Hermes Fund Managers Limited ("HFML"). HFML is the parent undertaking 
  of Hermes Equity Ownership Services Limited ("HEOS") (voting rights: 
  9.21181%)* 
 
  * This notification is being made in respect of HEOS, which is an indirect 
  holder of shares for the purpose of DTR 5.2.1(h) as a result of control 
  of voting rights in relation to such shares. 
 
 
 
 Proxy Voting: 
---------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                           See Comment in Section 9. 
------------------------------------------------------  -------------------------- 
 11. Number of voting rights proxy holder will           See Comment in Section 9. 
  cease 
  to hold: 
------------------------------------------------------  -------------------------- 
 12. Date on which proxy holder will cease to            See Comment in Section 9. 
  hold 
  voting rights: 
------------------------------------------------------  -------------------------- 
 
 
  13. Additional information: 
------------------------------  -------------------------------------------------- 
 14. Contact name:               James Sherry 
------------------------------  -------------------------------------------------- 
 15. Contact telephone 
  number:                        020 7702 6110 
------------------------------  -------------------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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