Hardide PLC Holding(s) in Company (9184L)

TIDMHDD

RNS Number : 9184L

Hardide PLC

06 October 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                       HARDIDE 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                       ü 
-------------------------------------------------------------  ----------------------- 
 Other (please 
  specify): 
----------------------------------------------------  -------  ----------------------- 
 3. Full name of person(s)                                  HARGREAVE HALE LIMITED 
  subject to the 
  notification obligation: 
  (iii) 
------------------------------------------------------  ------------------------------ 
 4. Full name of shareholder(s)                              DISCRETIONARY CLIENTS 
  (if different from 3.):(iv) 
------------------------------------------------------  ------------------------------ 
 5. Date of the transaction                                     05 OCTOBER 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
------------------------------------------------------  ------------------------------ 
 6. Date on which issuer                                        06 OCTOBER 2016 
  notified: 
------------------------------------------------------  ------------------------------ 
 7. Threshold(s) that is/are                                   10%, 11% and 12% 
  crossed 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                  % of voting 
                 of                of                of shares                        voting                     rights (x) 
                 Shares            Voting                                             rights 
                                   Rights 
-------------  ----------------  ----------------  -------------------------------  -------------------------  ------------------- 
                                                    Direct         Indirect          Direct     Indirect        Direct    Indirect 
                                                                                      (xi)       (xii) 
-------------      ------------      ------------  -------------  ----------------  ---------  --------------  --------  --------- 
 GB00B069T034   123,669,600       123,669,600                      187,884,100                  187,884,100               12.2408% 
               ----------------  ----------------  -------------  ----------------  ---------  --------------  --------  --------- 
 
 
 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 
------------------------------------------------------------------  -------------------------------------------------------------- 
 
   187,884,100                                                       12.2408% 
------------------------------------------------------------------  -------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
-------------------------------------------------------------------------------------------------------- 
 50,000,000 of of these shares are held for a unit trust 
  operated by Marlborough Fund Managers Ltd, for whom 
  Hargreave Hale Ltd manages the investments on a discretionary 
  basis. The remaining balance is held for 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: 
----------------------------------------------------------------  -------------------------------------- 
 
                                                                   The change in the percentage 
  13. Additional information:                                      of shares held is due entirely 
                                                                   to participation in the subscription 
                                                                   by Hardide Plc, the shares 
                                                                   from which were admitted 
                                                                   to AIM on 05/10/2016. 
----------------------------------------------------------------  -------------------------------------- 
 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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October 06, 2016 09:27 ET (13:27 GMT)