Coats Group PLC Holding(s) in Company (2278H)

TIDMCOA

RNS Number : 2278H

Coats Group PLC

15 August 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or the underlying                                               Coats Group PLC 
  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) subject                                               Soros Fund Management LLC 
  to the 
  notification obligation: (iii) 
--------------------------------------------------------------------------  ------------------------------ 
 4. Full name of shareholder(s)                                                   Morgan Stanley & Co. LLC 
  (if different from 3.):(iv) 
--------------------------------------------------------------------------  ------------------------------ 
 5. Date of the transaction and date                                                    12(th) August 2016 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
--------------------------------------------------------------------------  ------------------------------ 
 6. Date on which issuer notified:                                                      15(th) August 2016 
--------------------------------------------------------------------------  ------------------------------ 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                                                                   13% 
--------------------------------------------------------------------------  ------------------------------ 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------------- 
 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 rights (x) 
                 of                of              of shares     of voting 
                 Shares            Voting                        rights 
                                   Rights 
-------------  ----------------  --------------  -------------  ------------  --------------------------------  --------- 
                                                  Direct         Direct        Indirect      Direct          Indirect 
                                                                  (xi)          (xii) 
-------------      ------------    ------------  -------------  ------------  ------------  --------------  ------------- 
 GB00B4YZN328   174,416,970       174,416,970     N/A            N/A           185,535,175   N/A             13.18% 
-------------  ----------------  --------------  -------------  ------------  ------------  --------------  ------------- 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration      Exercise/                      Number of voting              % of voting 
 financial           date (xiii)     Conversion Period              rights that may               rights 
 instrument                          (xiv)                          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 rights 
 financial         price          date (xvii)     Conversion      rights instrument             (xix, xx) 
 instrument                                       period          refers to 
                                                  (xviii) 
---------------  --------------  --------------  -------------  ----------------------------  --------------------------- 
                                                                                               Nominal         Delta 
---------------  --------------  --------------  -------------  ----------------------------  --------------  ----------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                            Percentage of voting rights 
-------------------------------------------------  ---------------------------------------------------------------------- 
 185,535,175                                        13.18% 
-------------------------------------------------  ---------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
-------------------------------------------------------------------------------------------- 
 
 
 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:                                                   N/A 
----------------------------------------------------------------------------  -------------- 
 14. Contact name:                                                             Jade Cornell 
----------------------------------------------------------------------------  -------------- 
 15. Contact telephone number:                                                 020 7758 4800 
----------------------------------------------------------------------------  -------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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August 15, 2016 12:29 ET (16:29 GMT)