Irish Continental Irish Continental Group Plc : Holding(s) In Company

 
TIDMICGC 
 
 
   2 December 2016 
 
   Pursuant to its obligations under the Transparency (Directive 
2004/109/EC) Regulations 2007 ("The Regulations"), Irish Continental 
Group plc sets out below details of a notification received under The 
Regulations. 
 
   Tom Corcoran 
 
   Company Secretary 
 
   Standard Form TR-1 
 
   Standard form for notification of major holdings 
 
 
 
 
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the 
 relevant issuer and to the Central Bank of Ireland) 
 
1. Identity of the issuer or the underlying issuer 
 of existing shares to which voting rights are attached: 
 Irish Continental Group 
2. Reason for the notification (please tick the appropriate 
 box or boxes): 
 [ X ] An acquisition or disposal of voting rights 
 [ ] An acquisition or disposal of financial instruments 
 [ ] An event changing the breakdown of voting rights 
 [ ] Other (please specify): 
3. Details of person subject to the notification obligation 
 : 
Name:                                                City and country of registered office (if applicable): 
 Marathon Asset Management LLP                        London, UK 
4. Full name of shareholder(s) (if different from 
 3.): 
 See attached breakdown 
5. Date on which the threshold was crossed or reached: 
 30 November 2016 
6. Date on which issuer notified: 
 2 December 2016 
7. Threshold(s) that is/are crossed or reached: 
 7% 
8. Total positions of person(s) subject to the notification 
 obligation: 
                                                     % of voting 
                                                     rights 
                                                     attached to 
                                                     shares (total   % of voting rights through financial instruments  Total of both in 
                                                     of 9.A)                     (total of 9.B.1 + 9.B.2)               % (9.A + 9.B)    Total number of voting rights of issuer 
Resulting situation on the date on which threshold 
 was crossed or reached                                        6.98                                                 0              6.98                              188,262,890 
Position of previous notification (if applicable)              7.03                                                 0              7.03 
 
 
 
 
 
 
 9. Notified details of the resulting situation on 
 the date on which the threshold was crossed or reached: 
A: Voting rights attached to shares 
Class/type of 
 shares 
 ISIN code (if possible)   Number of voting rights         % of voting rights 
 
                              Direct         Indirect                             Direct                                  Indirect 
Ordinary Shares 
 (IE00BLP58571)            15,305,197          13,132,741                                                 8.13                        6.98 
SUBTOTAL A                                     13,132,741                                                                             6.98 
 
B 1: Financial Instruments according to Regulation 
 17(1)(a) of the Regulations 
Type of financial          Expiration  Exercise/           Number of voting rights that may be acquired if the  % of voting rights 
 instrument                 date        Conversion Period   instrument is exercised/converted. 
None 
                                       SUBTOTAL B.1 
 
B 2: Financial Instruments with similar economic effect 
 according to Regulation 17(1)(b) of the Regulations 
Type of financial          Expiration  Exercise/           Physical or cash settlement                          Number  % of voting rights 
 instrument                 date       Conversion Period                                                        of 
                                                                                                                voting 
                                                                                                                rights 
None 
                                                           SUBTOTAL B.2 
 
 
 
   10. Information in relation to the person subject to the notification 
obligation (please tick the applicable box): 
 
   [ ] Person subject to the notification obligation is not controlled by 
any natural person or legal entity and does not control any other 
undertaking(s) holding directly or indirectly an interest in the 
(underlying) issuer. 
 
   [ ] Full chain of controlled undertakings through which the voting 
rights and/or the 
 
   financial instruments are effectively held starting with the ultimate 
controlling natural person or legal entity: 
 
 
 
 
             % of voting rights if it equals or is higher than   % of voting rights through financial instruments if   Total of both if it equals or is higher than the notifiable 
Name                      the notifiable threshold               it equals or is higher than the notifiable threshold                           threshold 
William 
Arah 
Jeremy 
Hosking 
Neil Ostrer 
Marathon 
 Asset 
 Management 
 LLP                                                      6.98                                                      0                                                         6.98 
 
 
   11. In case of proxy voting: [name of the proxy holder] will cease to 
hold [% and number] voting rights as of [date] 
 
   12. Additional information: 
 
   Breakdown of Holdings: 
 
 
 
 
Custodian                                     Nominal 
Bank of New York Mellon                       2,404,274 
 
BNP Paribas Securities Services                  90,839 
Brown Brothers Harriman                         170,093 
JP Morgan Chase                                 739,936 
HSBC                                          1,374,150 
Northern Trust                                6,706,039 
Royal Bank of Canada                             18,992 
State Street Bank & Trust Company, Boston     3,800,874 
Total                                        15,305,197 
 
   The provided breakdown of holdings refer to the total number of shares 
in Irish Continental Group managed by the portfolio managers of Marathon 
Asset Management LLP.  No portfolio manager controls directly a 
disclosable position.  The total includes 2,172,456 shares for which 
clients have retained the right to vote. 
 
   Done at London on 2(nd) December 2016. 
 
   This announcement is distributed by Nasdaq Corporate Solutions on behalf 
of Nasdaq Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Irish Continental Group plc via Globenewswire 
 
 
  http://www.icg.ie/ 
 

(END) Dow Jones Newswires

December 02, 2016 12:05 ET (17:05 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.