Harwood Wealth Management Group PLC Holding(s) in Company (9223C)

TIDMHW.

RNS Number : 9223C

Harwood Wealth Management Group PLC

21 April 2017

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
----------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                            HARWOOD WEALTH MANAGEMENT 
  the underlying issuer                                           GROUP PLC 
  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                                    19 APRIL 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
------------------------------------------------------  --------------------------- 
 6. Date on which issuer                                       20 APRIL 2017 
  notified: 
------------------------------------------------------  --------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                 5% 
------------------------------------------------------  --------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------------ 
 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 (x) 
                 Shares           Voting                                      rights 
                                  Rights 
-------------  ---------------  ---------------  -------------------------  ------------------------  ------------------ 
                                                  Direct       Indirect      Direct      Indirect      Direct   Indirect 
                                                                              (xi)        (xii) 
-------------      -----------      -----------  -----------  ------------  ----------  ------------  -------  --------- 
 GB00BYYWB172   2,350,000        2,350,000                     3,683,000                 3,683,000              5.8888% 
               ---------------  ---------------  -----------  ------------  ----------  ------------  -------  --------- 
 
 
 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 
------------------------------------------------------------  ---------------------------------------------------------- 
 3,683,000                                                     5.8888% 
------------------------------------------------------------  ---------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------------------------ 
 3,299,720 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 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: 
----------------------------------------------------------------  ------------------------------ 
 
                                                                   The change in the percentage 
  13. Additional information:                                      of shares held is due to 
                                                                   participation in the placing 
                                                                   by Harwood Wealth Management 
                                                                   Group Plc, the shares from 
                                                                   which were admitted to AIM 
                                                                   on 19/04/2017. 
----------------------------------------------------------------  ------------------------------ 
 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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April 21, 2017 02:00 ET (06:00 GMT)