Chemring Group PLC Holding(s) in Company (4417H)

TIDMCHG TIDMSDR

RNS Number : 4417H

Chemring Group PLC

17 August 2016

 
 For filings with the FCA 
  include the annex 
 For filings with issuer exclude 
  the annex 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
---------------------------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                                   Chemring Group 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                                                                    ü 
-------------------------------------------------------------------------------------------------------------  ------- 
 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                                                   Type 1 Disclosure as per the Transparency      ü 
  specify):                                                      Directive II Regulation 
---------------------------------------------------  --------------------------------------------------------  ------- 
 3. Full name of person(s)                                                      Schroders plc 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------  --------------------------------------------------------------- 
 4. Full name of shareholder(s)                                         Schroder Investment Management 
  (if different from 3.):(iv)                                                       Limited 
-----------------------------------------------------  --------------------------------------------------------------- 
 5. Date of the transaction                                                        15.08.16 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------  --------------------------------------------------------------- 
 6. Date on which issuer                                                           16.08.16 
  notified: 
-----------------------------------------------------  --------------------------------------------------------------- 
 7. Threshold(s) that is/are                                                    From 10 - 11% 
  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) 
--------------      ------------    ------------    --------------  ---------  ------------  ------------  ----------- 
 
    Ordinary 
  GB00B45C9X44     30,764,060        30,631,109       30,970,308       N/A      30,837,357        N/A        11.044% 
                ----------------  ----------------  --------------  ---------  ------------  ------------  ----------- 
 
 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 
----------------------------------------------------------------  ---------------------------------------------------- 
 
                            30,837,357                                                   11.044% 
----------------------------------------------------------------  ---------------------------------------------------- 
 
 
 
 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 30,837,357 11.044% 
 
 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: 
-------------------------------------------------------------  ---------------------------------- 
 
                                                                This disclosure has been 
  13. Additional information:                                   made due to the legal entity 
                                                                position crossing above the 
                                                                11% threshold. Schroders 
                                                                plc position remains the 
                                                                same as per the last disclosure 
                                                                made 20(th) July 2016. 
                                                                The shares referred to in 
                                                                section 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 279,226,442. 
-------------------------------------------------------------  ---------------------------------- 
 14. Contact name:                                                Sarah Ellard, Chemring Group 
                                                                               PLC 
-------------------------------------------------------------  ---------------------------------- 
 15. Contact telephone number:                                            01794 833901 
-------------------------------------------------------------  ---------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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August 17, 2016 06:31 ET (10:31 GMT)