Fenner PLC Holding(s) in Company (7343P)

TIDMFENR

RNS Number : 7343P

Fenner PLC

21 November 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                       FENNER PLC 
  the underlying 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                           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)                               STERLING STRATEGIC VALUE LIMITED 
  subject to the 
  notification obligation: 
  (iii) 
------------------------------------------------------  ---------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
------------------------------------------------------  ---------------------------------- 
 5. Date of the transaction                              17 November 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
------------------------------------------------------  ---------------------------------- 
 6. Date on which issuer                                 21 November 2016 
  notified: 
------------------------------------------------------  ---------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                     3% 
------------------------------------------------------  ---------------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------------ 
 Class/type       Situation                         Resulting situation after the 
  of               previous                          triggering transaction 
  shares           to the triggering 
                   transaction 
  if possible 
  using 
  the ISIN 
  CODE 
---------------  --------------------------------  --------------------------------------------------------------------- 
                  Number           Number           Number          Number of                   % of voting 
                   of               of               of shares       voting                      rights (x) 
                   Shares           Voting                           rights 
                                    Rights 
-------------    ---------------  ---------------  --------------  --------------------------  ------------------------- 
                                                    Direct          Direct        Indirect      Direct        Indirect 
                                                                     (xi)          (xii) 
-------------      -----------      -----------    --------------  ------------  ------------  ------------  ----------- 
 GB0003345054     5,840,000        5,840,000        5,773,700       5,773,700                   2.9761% 
                 ---------------  ---------------  --------------  ------------  ------------  ------------  ----------- 
 
 
 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) 
-------------  ---------------  ---------------  ----------------  ----------------------------  ----------------------- 
                                                                                                  Nominal       Delta 
-------------  ---------------  ---------------  ----------------  ----------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                              Percentage of voting rights 
---------------------------------------------------  ------------------------------------------------------------------- 
 5,773,700                                            2.9761% 
---------------------------------------------------  ------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------------------------------- 
 
   Dr. Titto Tettamanti - Via San Michele 4, CH-6976 Castagnola 
   - controls 100% of the voting rights of Gritlot Limited 
   - Clinch's House, Lord Street, Douglas, IM99 1RZ, Isle 
   of Man - which controls the majority of the voting rights 
   of Sterling Strategic Value Limited - Vanterpool Plaza, 
   2(nd) Floor, Wickhams Cay 1 Road Town, Tortola, British 
   Virgin Islands - which holds shares in Fenner PLC. 
 
 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 has been 
                                                                   calculated based on issued 
                                                                   share capital amount of 194,002,741 
----------------------------------------------------------------  ------------------------------------- 
 14. Contact name:                                                 Debra Bradbury 
----------------------------------------------------------------  ------------------------------------- 
 15. Contact telephone number:                                     01482 626511 
----------------------------------------------------------------  ------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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November 21, 2016 10:03 ET (15:03 GMT)