ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

ITE Ite Group Plc

82.50
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ite Group Plc LSE:ITE London Ordinary Share GB0002520509 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 82.50 82.30 82.60 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

ITE Group PLC Holding(s) in Company (2542Y)

01/03/2017 2:10pm

UK Regulatory


TIDMITE

RNS Number : 2542Y

ITE Group PLC

01 March 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                            ITE Group 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                         þ 
-------------------------------------------------------  ----------------------------- 
 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 
  specify): 
-----------------------------------------------------    ----------------------------- 
 3. Full name of person(s)                                Brandes Investment Partners, 
  subject to the                                                                  L.P. 
  notification obligation: 
  (iii) 
------------------------------------------------------  ------------------------------ 
 4. Full name of shareholder(s)                             Various clients of Brandes 
  (if different from 3.):(iv)                                Investment Partners, L.P. 
------------------------------------------------------  ------------------------------ 
 5. Date of the transaction                                          27 February, 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
------------------------------------------------------  ------------------------------ 
 6. Date on which issuer                                             28 February, 2017 
  notified: 
------------------------------------------------------  ------------------------------ 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                            14.00% 
------------------------------------------------------  ------------------------------ 
 
 
 
 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          voting                   rights (x) 
                 Shares           Voting                        shares      rights 
                                  Rights 
--------------  --------------  -----------------------------  ---------  -----------------------  ---------------------- 
                                                                Direct     Direct     Indirect      Direct       Indirect 
                                                                           (xi)        (xii) 
--------------    ------------    ------------  -------------  ---------  ---------  ------------  -----------  --------- 
                                 37,151,357                                           36,385,828 
 GB0002520509                    ORDs                           None       None        ORDs         None         13.73% 
                                                               ---------  ---------                -----------  --------- 
 US4503641049                       129,208                            129,208 
                                     ADRs                               ADRs 
------------------------------     -----------------------------      -------------------------    -----------  --------- 
 
 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 
--------------------------------------------------------------  --------------------------------------------------------- 
 36,385,828 ORDs and 129,208                                     13.73% 
  ADRs 
--------------------------------------------------------------  --------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
--------------------------------------------------------------------------------------------- 
 
 
 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: 
-------------------------------------------------------------  ------------------------------ 
 
                                                                Please note that the ADR 
  13. Additional information:                                   number indicated in section 
                                                                8A of this notification is 
                                                                the ORD equivalent number 
                                                                and takes into account the 
                                                                ADR conversion ratio of 1:4. 
-------------------------------------------------------------  ------------------------------ 
 14. Contact name:                                                                 Adam Stutz 
-------------------------------------------------------------  ------------------------------ 
 15. Contact telephone number:                                              +1 (858) 755-0239 
-------------------------------------------------------------  ------------------------------ 
 
 
 
 For further information, 
  please contact: 
 Full name:                  Anneka Milham 
 Contact Address:            ITE Group plc 
                              105 Salusbury Road, London. 
                              NW6 6RG 
 Phone Number:               020 7596 5139 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLLLFISVTILIID

(END) Dow Jones Newswires

March 01, 2017 09:10 ET (14:10 GMT)

1 Year Ite Chart

1 Year Ite Chart

1 Month Ite Chart

1 Month Ite Chart

Your Recent History

Delayed Upgrade Clock