Norcros PLC Holding(s) in Company (0772C)

TIDMNXR TIDMSDR

RNS Number : 0772C

Norcros PLC

13 January 2015

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                    Norcros 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                         Schroders plc 
  to the 
  notification obligation: (iii) 
------------------------------------------  ------------------------------------------ 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
------------------------------------------  ------------------------------------------ 
 5. Date of the transaction and date                         12.01.15 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
------------------------------------------  ------------------------------------------ 
 6. Date on which issuer notified:                           13.01.15 
------------------------------------------  ------------------------------------------ 
 7. Threshold(s) that is/are crossed                      From 14% - 13% 
  or 
  reached: (vi, vii) 
------------------------------------------  ------------------------------------------ 
 
 
 
 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) 
--------------    ----  -------  ------  -----  ---  -------------  ----------  -----------  ---------------  ------------- 
 
    Ordinary 
     Shares 
 
  GB00B1Y9V062     85,000,000        85,000,000        82,250,000                82,250,000                      13.825% 
                ---------------  ------------------  -------------  ----------  -----------  ---------------  ------------- 
 
 
 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 
----------------------------------------------------------------  --------------------------------------------------------- 
 
                            82,250,000                                                     13.825% 
----------------------------------------------------------------  --------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
------------------------------------------------------------------------------------- 
 
   Schroder Investment Management Limited 82,250,000 13.825% 
 
 Proxy Voting: 
------------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
-----------------------------------------------------  ------------------------------ 
 11. Number of voting rights proxy holder will 
  cease 
  to hold: 
-----------------------------------------------------  ------------------------------ 
 12. Date on which proxy holder will cease to 
  hold 
  voting rights: 
-----------------------------------------------------  ------------------------------ 
 
                                           The shares referred to in section 
  13. Additional information:               9 are held in portfolios managed by 
                                            those firms on a discretionary basis 
                                            for clients under investment management 
                                            agreements. This disclosure has been 
                                            calculated based on issue share capital 
                                            amount 594,917,377. 
----------------------------------------  ------------------------------------------- 
 14. Contact name:                         Chloe Talbot 
----------------------------------------  ------------------------------------------- 
 15. Contact telephone number:             [phone] 
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This information is provided by RNS

The company news service from the London Stock Exchange

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