Costain Group PLC Holding(s) in Company (9645Z)

TIDMCOST

RNS Number : 9645Z

Costain Group PLC

20 March 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
--------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or 
  the underlying issuer                                                Costain Group plc 
  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)                                          Henderson Group plc 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  -------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  -------------------------------- 
 5. Date of the transaction                                            17 March 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  -------------------------------- 
 6. Date on which issuer                                               20 March 2017 
  notified: 
-----------------------------------------------------------  -------------------------------- 
 7. Threshold(s) that is/are                                     Voting rights attached to 
  crossed or                                                     shares have crossed below 
  reached: (vi, vii)                                              5% (refer to section 13) 
-----------------------------------------------------------  -------------------------------- 
 
 
 
 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) 
-------------      ---------  -----------      ------------  ----------  ---------  ----------  ------------  ----------- 
 Ordinary               6,250,500              6,250,500                             5,201,901                   4.98% 
               --------------------------  ----------------  ----------  ---------  ----------  ------------  ----------- 
 GB00B64NSP76 
-------------      ---------  -----------      ------------    --------    -------  ----------      --------    --------- 
 
 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. 
-----------------  ------------------------  ----------------------------  -----------------------  --------------------- 
 
 
 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) 
---------------  -----------  ---------------  --------------  ---------------------------------  ----------------------- 
      CFD                                                                  1,843,053               Nominal       Delta 
---------------  -----------  ---------------  --------------  ---------------------------------  ------------  --------- 
                                                                                                      1.76% 
-------------      ---------  -----------      ------------    --------    -------  ----------    ------------  --------- 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                        Percentage of voting rights 
-------------------------------------------------------------  ---------------------------------------------------------- 
                          7,044,954                                                       6.75% 
-------------------------------------------------------------  ---------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------------------------- 
 
   See Annex 1 below. 
 
 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:                                    This disclosure is due to 
                                                                 a decrease in the ordinary 
                                                                 share holding below the 5% 
                                                                 threshold. The combined holding 
                                                                 still remains within the 
                                                                 5% to 10%% threshold limit. 
 
                                                                 This disclosure has been 
                                                                 calculated based on total 
                                                                 voting rights 104,304,866. 
-------------------------------------------------------------  ---------------------------------- 
 14. Contact name:                                                       Scott Dickenson 
-------------------------------------------------------------  ---------------------------------- 
 15. Contact telephone number:                                            020 7818 4184 
-------------------------------------------------------------  ---------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 20, 2017 08:22 ET (12:22 GMT)