HgCapital Trust PLC Holding(s) in Company (2149V)

TIDMHGT TIDMSDR

RNS Number : 2149V

HgCapital Trust PLC

26 January 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
---------------------------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                                        HG Capital Trust 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       Type 1 Disclosure as per the Transparency                                                 ü 
  specify):           Directive II Regulation 
------------------  ---------------------------------------------------------------------------------------  --------- 
 3. Full name of person(s)                                                      Schroders plc 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------  --------------------------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------  --------------------------------------------------------------- 
 5. Date of the transaction                                                        24.01.17 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------  --------------------------------------------------------------- 
 6. Date on which issuer                                                           26.01.17 
  notified: 
-----------------------------------------------------  --------------------------------------------------------------- 
 7. Threshold(s) that is/are                                                    From 12% - 11% 
  crossed or 
  reached: (vi, vii) 
-----------------------------------------------------  --------------------------------------------------------------- 
 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            Direct     Indirect     Direct      Indirect 
                                                                         (xi)       (xii) 
--------------        -----------    ------------    ----------------  ---------  -----------  ----------  ----------- 
 
    Ordinary 
 
  GB0003921052      4,482,152          4,480,752         4,480,227        N/A      4,478,827       N/A       11.999% 
                -----------------  ----------------  ----------------  ---------  -----------  ----------  ----------- 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of financial     Expiration     Exercise/                         Number of voting          % of voting 
  instrument            date           Conversion                        rights that               rights 
                        (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 
-------------------------------------------------------  ------------------------------------------------------------- 
                       4,478,827                                                    11.999% 
-------------------------------------------------------  ------------------------------------------------------------- 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
---------------------------------------------------------------------------------------------------------------------- 
 Schroder & Co. Limited 4,368,593 11.704% 
 
  Schroders (C.I.) Limited 95,234 0.255% 
 
  Schroder Investment Management Limited 15,000 0.04% 
 
 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 shares referred to in 
  13. Additional information:                              section 9 are held in portfolios 
                                                           managed by those firms on 
                                                           a discretionary basis for 
                                                           clients under investment 
                                                           management agreements. This 
                                                           disclosure has been calculated 
                                                           based on issue share capital 
                                                           amount 37,324,698. 
-------------------------------------------------------  ------------------------------------------------------------- 
 14. Contact name:                                                              Shaheen Hussain 
-------------------------------------------------------  ------------------------------------------------------------- 

 15. Contact telephone number:                                                  [phone] 
-------------------------------------------------------  ------------------------------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLUNSRRBKAAUAR

(END) Dow Jones Newswires

January 26, 2017 05:50 ET (10:50 GMT)