Aurora Investment Trust PLC Holding(s) in Company (4534W)

TIDMARR

RNS Number : 4534W

Aurora Investment Trust PLC

09 February 2017

 
 Aurora Investment Trust plc has received the following 
  notification of interest in its shares. 
------------------------------------------------------------------------------------------------ 
 TR-1: NOTIFICATION OF MAJOR 
  INTEREST IN SHARES 
-----------------------------------------------------------  ----------------------------------- 
 1. Identity of the issuer or                                            Aurora Investment Trust 
  the underlying issuer                                                                      PLC 
  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                              x 
------------------------------------------------------------  ---------------------------------- 
 Other (please 
  specify): 
----------------------------------------------------------    ---------------------------------- 
 3. Full name of person(s)                                     Phoenix Asset Management Partners 
  subject to the                                                                         Limited 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ----------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ----------------------------------- 
 5. Date of the transaction                                                     21 December 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ----------------------------------- 
 6. Date on which issuer                                                         8 February 2017 
  notified: 
-----------------------------------------------------------  ----------------------------------- 
 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 
  of             to the triggering                             triggering transaction 
  shares         transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
-------------  --------------------------------------------  ------------------------------------------------------------------------ 
                Number                       Number           Number         Number of voting         % of voting 
                 of                           of               of shares      rights                   rights (x) 
                 Shares                       Voting 
                                              Rights 
-------------  ---------------------------  ---------------  -------------  -----------------------  -------------------------------- 
                                                              Direct         Direct        Indirect   Direct                 Indirect 
                                                                              (xi)          (xii) 
-------------  ------  ------  -----------    -----------    -------------  ------------  ---------  ---------------------  --------- 
 GB0000633262                                2,412,246        2,412,246      2,412,246                8.0968 
                                                                                                       % 
               ------                       ---------------  -------------  ------------  ---------  ---------------------  --------- 
                2,412,246 
-------------  ---------------------------    -----------      -----------    ----------  ---------      --------  -------  --------- 
 
 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. 
-----------------------------  -------------  ------------------------------  -------------------------  ---------------------------- 
 N/A                            N/A            N/A                             N/A                        N/A 
-----------------------------  -------------  ------------------------------  -------------------------  ---------------------------- 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
------------------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------------------- 
 Type of financial      Exercise             Expiration     Exercise/        Number of voting           % of voting 
  instrument             price               date           Conversion        rights instrument          rights (xix, 
                                             (xvii)         period            refers to                  xx) 
                                                            (xviii) 
---------------------  -------------------  -------------  ---------------  -------------------------  ------------------------------ 
 N/A                    N/A                  N/A            N/A                                         Nominal     Delta 
---------------------  -------------------  -------------  ---------------                             ----------  ------------------ 
                                                                             N/A                        N/A         N/A 
-------------  ------  ------  -----------    -----------      -----------  -------------------------  ----------  ------------------ 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                        Percentage of voting rights 
-------------------------------------------------------------  ---------------------------------------------------------------------- 
 2,412,246                                                      8.0968% 
-------------------------------------------------------------  ---------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
----------------------------------------------------------------------------------------------- 
 
   Phoenix Asset Management Partners Limited serves as 
   investment manager and/or investment adviser to various 
   sub-accounts. The voting rights/shares in the issuer 
   are held across two sub-accounts: The Phoenix UK Fund 
   (1,824,536), Phoenix R Fund (587,710). This percentage 
   of voting rights, 8.0968%, is based on 29,792,305 shares 
   outstanding. 
 
 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:                                      The shareholding has dropped 
                                                               to below 9% due to the placement 
                                                                      of new shares and not due 
                                                           to the sell-off of our shareholding. 
-------------------------------------------------------  -------------------------------------- 
 14. Contact name:                                        Carl Lunderstedt, 
                                                           Phoenix Asset Management 
                                                           Partners Limited 
-------------------------------------------------------  -------------------------------------- 
 15. Contact telephone number:                                                    0208 600 0100 
-------------------------------------------------------  -------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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February 09, 2017 05:39 ET (10:39 GMT)