Carillion PLC Holding(s) in Company (8444N)

TIDMCLLN

RNS Number : 8444N

Carillion PLC

11 August 2017

Carillion plc

("the Company")

Holding in the Company - Amendment

With reference to the announcement made on 8 August 2017 disclosing that Kiltearn Partners' holding in the Company's securities had fallen below the threshold of 10%, the following TR1 information was received today by the Company in relation to a change in holding on 1 February 2017. Kiltearn Partners advised the Company that this information was initially sent to the Company on 2 February 2017. The Company has no record of receiving this information until today.

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
---------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                 Carillion 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 
  specify): 
----------------------------------------------------------    -------------------------------- 
 3. Full name of person(s)                                    Kiltearn Partners LLP 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  --------------------------------- 
 4. Full name of shareholder(s)                               The Kiltearn Global Equity 
  (if different from 3.):(iv)                                  Fund 
 
                                                               The Kiltearn Global Equity 
                                                               SRI Fund 
 
                                                               The Kiltearn Global Equity 
                                                               Ireland Fund 
 
                                                               Separate Accounts c/o Kiltearn 
                                                               Partners LLP 
-----------------------------------------------------------  --------------------------------- 
 5. Date of the transaction                                   1(st) February 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  --------------------------------- 
 6. Date on which issuer                                      2(nd) February 2017 
  notified: 
-----------------------------------------------------------  --------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                          10% 
-----------------------------------------------------------  --------------------------------- 
 
 
 
 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              voting                   rights (x) 
                 Shares            Voting             shares          rights 
                                   Rights 
-------------  ----------------  -----------------  --------------  -----------------------  ------------------------- 
                                                     Direct          Direct     Indirect      Direct        Indirect 
                                                                     (xi)        (xii) 
-------------      ------------    -------------    --------------  ---------  ------------  ------------  ----------- 
 GB0007365546   21,542,444        21,542,444                                    43,033,414                  10% 
               ----------------  -----------------  --------------  ---------  ------------  ------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration      Exercise/                          Number of voting           % of voting 
 financial           date            Conversion                         rights that                rights 
 instrument          (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          Exercise        Expiration       Exercise/         Number of voting           % of voting 
 financial         price          date             Conversion         rights instrument          rights (xix, 
 instrument                       (xvii)           period             refers to                  xx) 
                                                   (xviii) 
---------------  --------------  ---------------  ----------------  -------------------------  ----------------------- 
 N/A              N/A             N/A              N/A               N/A                        Nominal       Delta 
---------------  --------------  ---------------  ----------------  -------------------------  ------------  --------- 
                                                                                                N/A           N/A 
-------------      ------------    -------------      ------------    -------  ------------    ------------  --------- 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                               Percentage of voting rights 
----------------------------------------------------  ---------------------------------------------------------------- 
 43,033,414                                            10% 
----------------------------------------------------  ---------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
-------------------------------------------------------------------------------- 
 
   N/A 
 
 Proxy Voting: 
-------------------------------------------------------------------------------- 
 10. Name of the proxy holder:              Kiltearn Partners 
                                             LLP 
-----------------------------------------  ------------------------------------- 
 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:                Kiltearn Partners LLP ("Kiltearn") 
                                             acts as an investment manager 
                                             for the clients detailed 
                                             in question 4 above (our 
                                             "Clients"). In acting for 
                                             our Clients, Kiltearn are 

                                             given full discretion over 
                                             their investments. However, 
                                             we do not act as our Client's 
                                             custodian and therefore shares 
                                             are not held in our name 
                                             but in the name of each Client's 
                                             custodian bank. 
 
                                             The increase in Kiltearn's 
                                             holdings in Carillion PLC 
                                             was due to a series of transactions 
                                             over a series of different 
                                             trading days. 
-----------------------------------------  ------------------------------------- 
 14. Contact name:                          Robert McGinty, Compliance 
                                             & Risk Management 
-----------------------------------------  ------------------------------------- 
 15. Contact telephone number:              0131 460 1039 
-----------------------------------------  ------------------------------------- 
 
 

Richard Tapp

Company Secretary

Tel: [phone]

This information is provided by RNS

The company news service from the London Stock Exchange

END

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August 11, 2017 13:20 ET (17:20 GMT)