Devro PLC TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (0047J)

TIDMDVO

RNS Number : 0047J

Devro PLC

23 June 2017

 
 For filings with the FCA include the                                        Email: [e-mail] 
  annex 
 For filings with issuer exclude the 
  annex 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------------------------------------------------ 
 
 1. Identity of the issuer or the underlying                                                   DEVRO 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                                         Neptune Investment Management Limited 
  to the 
  notification obligation: (iii) 
------------------------------------------------------------------------  ---------------------------------------------- 
 4. Full name of shareholder(s)                                            N/A 
  (if different from 3.):(iv) 
------------------------------------------------------------------------  ---------------------------------------------- 
 5. Date of the transaction and date                                       21/06/17 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
------------------------------------------------------------------------  ---------------------------------------------- 
 6. Date on which issuer notified:                                         22/06/17 
------------------------------------------------------------------------  ---------------------------------------------- 
 7. Threshold(s) that is/are crossed                                       Exceeding 16% 
  or 
  reached: (vi, vii) 
------------------------------------------------------------------------  ---------------------------------------------- 
 
 
 
 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            % of voting rights 
                 of               of                            of shares       rights                      (x) 
                 Shares           Voting 
                                  Rights 
-------------  ---------------  -----------------------------  -------------  --------------------------  ------------------------- 
                                                                Direct         Direct           Indirect   Direct        Indirect 
                                                                                (xi)             (xii) 
-------------      -----------      -----------  ------------  -------------  ---------------  ---------  ------------  ----------- 
 
 GB0002670437   26,395,807       26,395,807                     26,962,450      26,962,450      N/A        16.15%        N/A 
-------------  ---------------  -----------------------------  -------------  ---------------  ---------  ------------  ----------- 
 
 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. 
-----------------  ---------------  ------------------------------------------  ----------------------------  --------------------- 
 n/a                n/a              n/a                                         n/a                           n/a 
-----------------  ---------------  ------------------------------------------  ----------------------------  --------------------- 
 
 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) 
---------------  ---------------  -------------  ---------------------------  ----------------------------  ----------------------- 
 n/a              n/a              n/a            n/a                                                        Nominal       Delta 
---------------  ---------------  -------------  ---------------------------                                ------------  --------- 
                                                                               n/a                           n/a           n/a 
-------------      -----------      -----------  ------------    -----------  ----------------------------  ------------  --------- 
 
 Total (A+B+C) 
----------------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                          Percentage of voting rights 
---------------------------------------------------------------  ------------------------------------------------------------------ 
 
   26,962,450                                                     16.15% 
---------------------------------------------------------------  ------------------------------------------------------------------ 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
----------------------------------------------------------------------------------------- 
 
   n/a 
 
 Proxy Voting: 
----------------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                                        n/a 
----------------------------------------------------------------------  ----------------- 
 11. Number of voting rights proxy holder will                                        n/a 
  cease 
  to hold: 
----------------------------------------------------------------------  ----------------- 
 12. Date on which proxy holder will cease to                                         n/a 
  hold 
  voting rights: 
----------------------------------------------------------------------  ----------------- 
 
 
  13. Additional information:                                                         n/a 
----------------------------------------------------------------------  ----------------- 
 14. Contact name:                                                       Yaroslav Lisovyy 
----------------------------------------------------------------------  ----------------- 
 15. Contact telephone number:                                              020 3249 0175 
----------------------------------------------------------------------  ----------------- 
 
 

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June 23, 2017 05:03 ET (09:03 GMT)