Eckoh PLC TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (9751X)

TIDMECK

RNS Number : 9751X

Eckoh PLC

27 February 2017

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
-------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                   ECKOH PLC 
  the underlying issuer 
  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                      ü 
-------------------------------------------------------  ----------------------- 
 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)                               HARGREAVE HALE LIMITED 
  subject to the 
  notification obligation: 
------------------------------------------------------  ------------------------ 
 4. Full name of shareholder(s)                           DISCRETIONARY CLIENTS 
  (if different from 3.): 
------------------------------------------------------  ------------------------ 
 5. Date of the transaction                                 24 FEBRUARY 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
------------------------------------------------------  ------------------------ 
 6. Date on which issuer                                    27 FEBRUARY 2017 
  notified: 
------------------------------------------------------  ------------------------ 
 7. Threshold(s) that is/are 
  crossed or 
  reached:                                                         19% 
------------------------------------------------------  ------------------------ 
 
 
 
 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       Indirect         Direct      Indirect       Direct   Indirect 
-------------      -----------      -----------  -----------  ---------------  ----------  -------------  -------  ---------- 
 GB0033359141   47,169,613       47,169,613                    45,663,033                   45,663,033              18.7968% 
               ---------------  ---------------  -----------  ---------------  ----------  -------------  -------  ---------- 
 
 
 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. 
-----------------  ---------------  ----------------------------  --------------------------------------  ------------------- 
 
 
 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 
--------------------------------------------------------------  ------------------------------------------------------------- 
 45,663,033                                                      18.7968% 
--------------------------------------------------------------  ------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
-------------------------------------------------------------------------------------- 
 16,229,300 of these shares are held for unit trusts 
  operated by Marlborough Fund Managers Ltd, for whom 
  Hargreave Hale Ltd manages the investments on a discretionary 
  basis. The remaining balance is held on behalf of other 
  discretionary clients. 
 
 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: 
----------------------------------------------------------------  -------------------- 
 14. Contact name:                                                 David Clueit 
                                                                   Hargreave Hale Ltd 
----------------------------------------------------------------  -------------------- 
 15. Contact telephone number:                                     01253 754739 
----------------------------------------------------------------  -------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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February 27, 2017 11:28 ET (16:28 GMT)