SysGroup PLC Holding(s) in Company (5177S)

TIDMSYS

RNS Number : 5177S

SysGroup PLC

21 December 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                   SysGroup Plc 
  the underlying 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                                        X 
-----------------------------------------------------------------  ---------------------------------- 
 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                                                                      X 
  specify): 
---------------------------------------------------------  ------  ---------------------------------- 
 3. Full name of person(s) 
  subject to the                                                Arthur Leonard Robert Morton 
  notification obligation:                                      (ALRM), Susan Margaret 
  (iii)                                                         Howard Morton (SMHM) and Morton 
                                                                PTC Limited as 
                                                                Trustee of the Morton Family 
                                                                Trust (MFT) 
-----------------------------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s)                                Hawk Investment Holdings 
  (if different from 3.):(iv)                                   Limited 
-----------------------------------------------------------  ---------------------------------------- 
 5. Date of the transaction                                    1st - 14th December 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ---------------------------------------- 
 6. Date on which issuer                                       21st December 2016 
  notified: 
-----------------------------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are                                   3% for ALRM only 
  crossed or 
  reached: (vi, vii) 
-----------------------------------------------------------  ---------------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type      Situation previous                Resulting situation after the 
  of              to the triggering                 triggering transaction 
  shares          transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
--------------  --------------------------------  -------------------------------------------------------------------- 
                 Number           Number           Number          Number of                  % of voting 
                  of               of               of shares       voting                     rights (x) 
                  Shares           Voting                           rights 
                                   Rights 
--------------  ---------------  ---------------  --------------  -------------------------  ------------------------- 
                                                   Direct          Direct       Indirect      Direct        Indirect 
                                                                    (xi)         (xii) 
--------------      -----------    -----------    --------------  -----------  ------------  ------------  ----------- 
                  837,120          837,120          837,120         837,120 
                                                    (MFT)           (MFT) 
  GB00BYT18182 
                ---------------  ---------------  --------------  -----------  ------------  ------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of financial   Expiration     Exercise/                        Number of voting             % of voting 
  instrument          date           Conversion                       rights that                  rights 
                      (xiii)         Period (xiv)                     may 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 
 financial          price         date           Conversion         rights instrument            rights (xix, 
 instrument                       (xvii)         period             refers to                    xx) 
                                                 (xviii) 
----------------  -------------  -------------  ----------------  ---------------------------  ----------------------- 
                                                                                                Nominal       Delta 
----------------  -------------  -------------  ----------------  ---------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                             Percentage of voting rights 
--------------------------------------------------  ------------------------------------------------------------------ 
 837,120                                             3.78% 
--------------------------------------------------  ------------------------------------------------------------------ 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------- 
 Hawk Investment Holdings Limited (HIHL) continues to 
  hold 837,120 SysGroup Plc shares representing 3.78% 
  of the voting rights. HIHL's ownership has transferred 
  from ALRM & SMHM to Morton PTC Limited as Trustee of 
  the MFT. The Board of Directors of the Morton PTC is 
  Albany Directors Limited, Mr Robert Walter Morton and 
  Mrs Susan Margaret Howard Morton. The beneficiaries 
  of the Morton Family Trust are Susan Margaret Howard 
  Morton, Andrew Robert Morton, Edward George Morton, 
  Charles Nicholas Morton and Robert Walter Morton. 
 
 Proxy Voting: 
------------------------------------------------------------------------- 
 10. Name of the proxy holder:                            N/A 
-------------------------------------------------------  ---------------- 
 11. Number of voting rights proxy                        N/A 
  holder will cease 
  to hold: 
-------------------------------------------------------  ---------------- 
 12. Date on which proxy holder will                      N/A 
  cease to hold 
  voting rights: 
-------------------------------------------------------  ---------------- 
 
 
  13. Additional information: 
-------------------------------------------------------  ---------------- 
 14. Contact name: 
                                                            Stuart McBain 
-------------------------------------------------------  ---------------- 
 15. Contact telephone number:                            0151 559 1777 
-------------------------------------------------------  ---------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLFEMFIFFMSESE

(END) Dow Jones Newswires

December 21, 2016 10:09 ET (15:09 GMT)