GKN PLC Holding(s) in Company

 
TIDMGKN 
 
TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES 
 
1. Identity of the issuer or the underlying issuer of existing shares to which 
voting rights are attached: 
 
GKN plc 
 
 2. Reason for the notification: (please state Yes/No): 
 
An acquisition or disposal of voting rights: No 
 
An acquisition or disposal of qualifying financial instruments which may result 
in the acquisition of shares already issued to which voting rights are 
attached: No 
 
An acquisition or disposal of instruments with similar economic effect to 
qualifying financial instruments: No 
 
An event changing the breakdown of voting rights:  No 
 
Other (please specify): Yes. Correction of error in notification made on 11 
April 2017. 
 
3. Full name of person(s) subject to the notification obligation: 
 
Vulcan Value Partners, LLC, a Delaware limited liability company ("Vulcan") 
 
C . T Fitzpatrick, an  individual resident of  Alabama, United States  of 
America 
 
4. Full name of shareholder(s) (if different from 3.): 
 
Vulcan Value Partners, LLC is the investment advisor to (1) Vulcan Value 
Partners Fund, a US mutual fund, (2) Vulcan Global Value Fund, plc, an Irish 
domiciled UCITS fund, and (3) a number of separately-managed client accounts. 
 
The custodian for the US mutual fund is BNY Mellon. 
 
The custodian for the UCITS fund is Sumitomo Mitsui Trustees (Ireland) Limited. 
 
Various custodians, numbering 42 in total, serve as custodian for the 
separately-managed accounts. See additional information for the full list. 
 
5. Date of the transaction and date on which the threshold is crossed or 
reached: 
 
28 June 2016 
 
6. Date on which issuer notified: 
 
20 April 2017 (transaction originally notified on 30 June 2016). 
 
7. Threshold(s) that is/are crossed or reached: 
 
5% 
 
8. Notified details: 
 
A: Voting rights attached to shares 
 
Class/type of  Situation previous to      Resulting situation after the triggering 
shares            the triggering                        transaction 
if possible         transaction 
using the 
ISIN CODE     Number of   Number of   Number of    Number of voting     % of voting 
                Shares      Voting      shares          rights             rights 
                               Rights 
                                        Direct    Direct    Indirect  Direct  Indirect 
 
GB0030646508   Below 5%    Below 5%    N/A       N/A       67,063,516 N/A      3.91% 
 
GB0030646508   Below 5%    Below 5%    N/A       N/A       9,480,998  N/A      0.55% 
 
American       Below 5%    Below 5%   N/A        N/A       15,925,615 N/A      0.93% 
Depository 
Receipts 
US3617556069 
 
B: Qualifying Financial Instruments 
 
Resulting situation after the triggering transaction 
 
Type of     Expiration date  Exercise/Conversion   Number of voting      % of voting 
financial                          period         rights that may be        rights 
instrument                                          acquired if the 
                                                     instrument is 
                                                 exercised/ converted 
 
 N/A 
 
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 
 
N/A 
 
Total (A+B+C) 
 
Number of voting rights   % of voting rights 
 
92,470,129 (as at 19      5.38% of which Vulcan exercise the voting rights over 
April 2017)               3.91%. The voting rights of the remianing 1.48% of shares 
                          are not exercised by Vulcan, but the shares are held on 
                          behalf of their managed accounts. 
 
9. Chain of controlled undertakings through which the voting rights and/or the 
financial instruments are effectively held, if applicable: 
 
Vulcan Value Partners, LLC is controlled by C.T Fitzpatrick by virtue of C.T. 
Fitzpatrick holding a majority of voting and economic rights in it. 
 
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: 
 
The voting information in item 8A (notified details) above in this filing shows 
the current position of the holdings as at 19 April 2017. 
 
The 42 custodians referred to in item 4 above are as follows: 
 
Amalgamated Bank of Chicago 
 
BANK OF AMERICA MERRILL LYNCH 
 
Bank of Hawaii 
 
Bank of Oklahoma 
 
BB&T 
 
BESSEMER TRUST 
 
BMO HARRIS 
 
BNY Wealth Management 
 
BNYMellon 
 
Citi Private Bank 
 
Comerica Bank 
 
Fidelity 
 
Fiduciary Trust 
 
Fifth Third Bank 
 
First Hawaiian Bank 
 
First  Western 
 
Harris Bank 
 
JP Morgan 
 
M&T Bank 
 
MACATAWA BANK 
 
Mellon Asset Servicing 
 
Merrill Lynch 
 
Morgan Stanley 
 
National Financial Services LLC 
 
NorthernTrust 
 
Pershing 
 
PNC Bank 
 
RAYMOND JAMES 
 
RBC Bank 
 
Regions Trust 
 
ROPES AND GRAY/SEI PRIVATE TRUST COMPANY 
 
SALEM TRUST 
 
Schwab 
 
State Street 
 
State Street Bank and Trust 
 
SunTrust Bank 
 
UMB BANK 
 
US BANK 
 
US Trust 
 
Wells Fargo 
 
Wilmington Trust 
 
Goldman Sachs 
 
14. Contact name: Katie Lewis, Assistant Secretary 
 
15. Contact telephone number: 01527 533383 
 
Details of the issuer: 
 
Name       GKN plc 
 
LEI:          213800QNZ22GS95OSW84 
 
Classification of Regulated Information: 2.3 - Major shareholding notification. 
 
 
 
END 
 

(END) Dow Jones Newswires

April 21, 2017 09:28 ET (13:28 GMT)