City of London Investment Group PLC Holding(s) in Company (5053A)

TIDMCLIG

RNS Number : 5053A

City of London Investment Group PLC

24 March 2017

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
-------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                  City of London Investment 
  the underlying issuer                                         Group 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)                                              BlackRock, Inc. 
  subject to the 
  notification obligation: 
----------------------------------------------------------  -------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.): 
----------------------------------------------------------  -------------------------------------- 
 5. Date of the transaction                                             23 March, 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
----------------------------------------------------------  -------------------------------------- 
 6. Date on which issuer                                                24 March, 2017 
  notified: 
----------------------------------------------------------  -------------------------------------- 
 7. Threshold(s) that is/are                                       Voting rights attached to 
  crossed or                                                      shares holding for BlackRock, 
  reached:                                                           Inc. has gone below 10% 
----------------------------------------------------------  -------------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
---------------------------------------------------------------------------------------------------------------------- 
 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 
                 Shares            Voting                            rights 
                                   Rights 
-------------  ----------------  ----------------  --------------  ------------------------  ------------------------- 
                                                    Direct          Direct     Indirect       Direct        Indirect 
-------------      ------------    ------------    --------------  ---------  -------------  ------------  ----------- 
 GB00B104RS51   2,694,882         2,694,882         N/A             N/A        2,574,995      N/A           9.60% 
               ----------------  ----------------  --------------  ---------  -------------  ------------  ----------- 
 
 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                          Period                            may be 
                                                                       acquired if 
                                                                       the 
                                                                       instrument 
                                                                       is 
                                                                       exercised/ 
                                                                       converted. 
-----------------  --------------  --------------------------------  --------------------------  --------------------- 
 Securities 
  Lending                                                             162,071                     0.60% 
-----------------  --------------  --------------------------------  --------------------------  --------------------- 
 
 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 
 financial         price          date            Conversion         rights instrument           rights 
 instrument                                       period             refers to 
---------------  --------------  --------------  ----------------  --------------------------  ----------------------- 
                                                                                                Nominal       Delta 
---------------  --------------  --------------  ----------------  --------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                              Percentage of voting rights 
---------------------------------------------------  ----------------------------------------------------------------- 
 2,737,066                                            10.21% 
---------------------------------------------------  ----------------------------------------------------------------- 
 
 
 
 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       Total of 
                                     rights if       rights through    both if 
                                     it equals       financial         it equals 
                                     or is higher    instruments       or is higher 
                                     than the        if it equals      than the 
                                     notifiable      or is higher      notifiable 
                                     threshold       than the          threshold 
                                                     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 Investment 
  Management (UK) Limited           9.17%           0.00%             9.17% 
---------------------------------  --------------  ----------------  -------------- 
 
 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 
---------------------------------  --------------  ----------------  -------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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March 24, 2017 10:28 ET (14:28 GMT)