City of London Investment Group PLC Holding(s) in Company (2739M)

TIDMCLIG

RNS Number : 2739M

City of London Investment Group PLC

11 October 2016

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
------------------------------------------------------------------------------------------------------------------------ 
 
 1. Identity of the issuer or the underlying                                City of London Investment Group 
  issuer                                                                     PLC 
  of existing shares to which voting rights 
  are 
  attached: 
-------------------------------------------------------------------------  --------------------------------------------- 
 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) subject                                                       BlackRock, Inc. 
  to the 
  notification obligation: 
-----------------------------------------------------------------------  ----------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.): 
-----------------------------------------------------------------------  ----------------------------------------------- 
 5. Date of the transaction and date                                                     10 October, 2016 
  on 
  which the threshold is crossed 
  or 
  reached: 
-----------------------------------------------------------------------  ----------------------------------------------- 
 6. Date on which issuer notified:                                                       11 October, 2016 
-----------------------------------------------------------------------  ----------------------------------------------- 
 7. Threshold(s) that is/are crossed                                         Voting rights attached to shares holding 
  or                                                                            for BlackRock, Inc. has gone above 
  reached:                                                                                      10% 
 
                                                                               Total holding for BlackRock, Inc. has 
                                                                                          gone above 10% 
-----------------------------------------------------------------------  ----------------------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
---------------------------------------------------------------------------------------------------------------------- 
 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 
                 Shares            Voting 
                                   Rights 
-------------  ----------------  ----------------  --------------  ----------------------  --------------------------- 
                                                    Direct          Direct     Indirect     Direct        Indirect 
-------------      ------------    ------------    --------------  ---------  -----------  ------------  ------------- 
 GB00B104RS51   2,479,341         2,479,341         N/A             N/A        2,694,882    N/A           10.05% 
               ----------------  ----------------  --------------  ---------  -----------  ------------  ------------- 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration      Exercise/                         Number of voting          % of voting 
 financial           date            Conversion Period                 rights that may           rights 
 instrument                                                            be 
                                                                       acquired if the 
                                                                       instrument is 
                                                                       exercised/ converted. 
-----------------  --------------  --------------------------------  ------------------------  ----------------------- 
 Securities 
 Lending                                                              1,243                     0.00% 
-----------------  --------------  --------------------------------  ------------------------  ----------------------- 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise        Expiration      Exercise/         Number of voting          % of voting rights 
 financial         price          date            Conversion         rights instrument 
 instrument                                       period             refers to 
---------------  --------------  --------------  ----------------  ------------------------  ------------------------- 
                                                                                              Nominal       Delta 
---------------  --------------  --------------  ----------------  ------------------------  ------------  ----------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                              Percentage of voting rights 
---------------------------------------------------  ----------------------------------------------------------------- 
 2,696,125                                            10.06% 
---------------------------------------------------  ----------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: 
-------------------------------------------------------------------------------------------------------------------- 
 
   See Annex 1 
 
 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: 
------------------------------------------------------------------------  ------------------------------------------ 
 
 
  13. Additional information:                                              BlackRock Regulatory Threshold Reporting 
                                                                           Team 
------------------------------------------------------------------------  ------------------------------------------ 
 14. Contact name:                                                         Marc-Oliver Lesch 
------------------------------------------------------------------------  ------------------------------------------ 
 15. Contact telephone number:                                             020 7743 3650 
------------------------------------------------------------------------  ------------------------------------------ 
 
 
 
 Annex 1 
 
 
 Name                                 % of voting       % of voting rights   Total of both 
                                       rights if it      through financial    if it equals 
                                       equals or is      instruments if       or is higher 
                                       higher than       it equals or         than the notifiable 
                                       the notifiable    is higher than       threshold 
                                       threshold         the notifiable 

                                                         threshold 
-----------------------------------  ----------------  -------------------  --------------------- 
 BlackRock, Inc. 
-----------------------------------  ----------------  -------------------  --------------------- 
 BlackRock Holdco 2, Inc. 
-----------------------------------  ----------------  -------------------  --------------------- 
 BlackRock Financial Management, 
  Inc. 
-----------------------------------  ----------------  -------------------  --------------------- 
 BlackRock International Holdings, 
  Inc. 
-----------------------------------  ----------------  -------------------  --------------------- 
 BR Jersey International Holdings 
  L.P. 
-----------------------------------  ----------------  -------------------  --------------------- 
 BlackRock Group Limited 
-----------------------------------  ----------------  -------------------  --------------------- 
 BlackRock Advisors (UK) Limited 
-----------------------------------  ----------------  -------------------  --------------------- 
 
 BlackRock, Inc. 
-----------------------------------  ----------------  -------------------  --------------------- 
 BlackRock Holdco 2, Inc. 
-----------------------------------  ----------------  -------------------  --------------------- 
 BlackRock Financial Management, 
  Inc. 
-----------------------------------  ----------------  -------------------  --------------------- 
 BlackRock International Holdings, 
  Inc. 
-----------------------------------  ----------------  -------------------  --------------------- 
 BR Jersey International Holdings 
  L.P. 
-----------------------------------  ----------------  -------------------  --------------------- 
 BlackRock Group Limited 
-----------------------------------  ----------------  -------------------  --------------------- 
 BlackRock Investment Management 
  (UK) Limited                        8.98%             0.00%                8.98% 
-----------------------------------  ----------------  -------------------  --------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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October 11, 2016 12:13 ET (16:13 GMT)