EMIS Group PLC Notification of Major Interest in Shares (9590U)

TIDMEMIS

RNS Number : 9590U

EMIS Group PLC

24 January 2017

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
---------------------------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                                     EMIS Group plc Ord 1p 
  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 
----------------------------------------------------------------------------------------------------------------  ---- 
 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):                                         Partial recall of right to recall loaned shares   Yes 
--------------------------------------------------------  ------------------------------------------------------  ---- 
 3. Full name of person(s) subject                                                NFU Mutual Insurance Society Limited 
  to the 
  notification obligation: (iii) 
----------------------------------------------------------  ---------------------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
----------------------------------------------------------  ---------------------------------------------------------- 
 5. Date of the transaction and date                                                               23(rd) January 2017 
  on 
  which the threshold is crossed or 
  reached: (v) 
----------------------------------------------------------  ---------------------------------------------------------- 
 6. Date on which issuer notified:                                                                 24(th) January 2017 
----------------------------------------------------------  ---------------------------------------------------------- 
 7. Threshold(s) that is/are crossed                                              >4% (Direct net of stock lending Box 
  or                                                                                                               8A) 
  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 (xi)      Indirect   Direct     Indirect 
                                                                                            (xii) 
--------------  -----------  -----------  ------------  ---------------  ---------------  ---------  ---------  --------- 
 Ordinary 
  shares         3,048,829*          3,048,829*          3,093,000(Yen)   2,551,300(Yen)   541,700    4.02980%   0.8556% 
                -----------  -------------------------  ---------------  ---------------  ---------  ---------  --------- 
 GB00B61D1Y04 
--------------  -----------  -----------  ------------  ---------------  ---------------  ---------  ---------  --------- 
 
   *Aggregated figure net of 102,141 right to recall loaned shares (Direct) 
   (Yen) Aggregated figure net of 57,970 right to recall loaned shares (Direct) 
------------------------------------------------------------------------------------------------------------------------- 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------- 
 Type of         Expiration   Exercise/                                   Number of voting            % of voting 
  financial      date          Conversion Period                           rights that may             rights 
  instrument     (xiii)        (xiv)                                       be 
                                                                           acquired if the 
                                                                           instrument is 
                                                                           exercised/ converted. 
--------------  -----------  ------------------------------------------  --------------------------  -------------------- 
   RIGHT TO         N/A                          N/A                      57,970 Direct               0.0915% Direct 
     RECALL 
     LOANED 
     SHARES 
--------------  -----------  ------------------------------------------  --------------------------  -------------------- 
 
 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 rights                      % of voting rights 
  financial       price       date          Conversion    instrument refers                            (xix, xx) 
  instrument                  (xvii)        period        to 
                                            (xviii) 
--------------  -----------  -----------  ------------  -------------------------------------------  -------------------- 
                                                                                                      Nominal    Delta 
--------------  -----------  -----------  ------------  -------------------------------------------  ---------  --------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                 Percentage of voting rights 
------------------------------------------------------  ----------------------------------------------------------------- 
 Direct 2,609,270                                        Direct 4.1213% 
  Indirect 541,700                                        Indirect 0.8556% 
------------------------------------------------------  ----------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
-------------------------------------------------------------------------------------------------------------------- 
                                           NFU Mutual Insurance Society (General Fund) 1.6336% (Direct net of 57,970 
                                                                                                     shares on loan) 
                                                           NFU Mutual Insurance Society (Life Fund) 1.0350% (Direct) 
                                                     NFU Mutual Insurance Society (CIB Equity Fund) 0.4363% (Direct) 
                                                      NFU Mutual Insurance Society (UP Equity Fund) 0.9248% (Direct) 
                                                           NFU Mutual Retirement Benefits Scheme 0.2388 % (Indirect) 
                                                                         NFU Staff Pension Scheme 0.0182% (Indirect) 
                                                                        NFU Mutual UK Growth OEIC 0.4407% (indirect) 
                                                                 NFU Mutual UK Equity Income OEIC 0.1579% (indirect) 
 
 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: 
------------------------------------------------------------------------  ------------------------------------------ 
 
                                                                           Pursuant to the Stock Lending Agreement 
  13. Additional information:                                              with the NFU Mutual Insurance Society 
                                                                           Limited and JPMorgan Chase & Co., NFU 
                                                                           Mutual Insurance Society Limited, has 
                                                                           loaned out 57,970 Ordinary Shares. 
                                                                           The total number of direct voting rights 
                                                                           held by NFU Mutual Insurance Society 
                                                                           Limited, has subsequently gone below 
                                                                           4%. 
 
                                                                           Please note, total amount of voting 
                                                                           rights have been rounded to 4 decimal 
                                                                           places therefore there is a possibility 
                                                                           of a rounding error. 
------------------------------------------------------------------------  ------------------------------------------ 
 14. Contact name:                                                                                        Adam Inman 
------------------------------------------------------------------------  ------------------------------------------ 
 15. Contact telephone number:                                                                          01789 202693 
------------------------------------------------------------------------  ------------------------------------------ 
 
 

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January 24, 2017 05:14 ET (10:14 GMT)