ITE Group PLC Holding(s) in Company (9140B)

TIDMITE

RNS Number : 9140B

ITE Group PLC

07 April 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                                     X 
----------------------------------------------------------------  ------------------------------ 
 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)                                    Neptune Investment Management 
  subject to the                                               Limited 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ----------------------------------- 
 4. Full name of shareholder(s)                               N/A 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ----------------------------------- 
 5. Date of the transaction                                   05/04/17 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ----------------------------------- 
 6. Date on which issuer                                      06/04/17 
  notified: 
-----------------------------------------------------------  ----------------------------------- 
 7. Threshold(s) that is/are                                  below 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) 
--------------      -----------      -----------  ------------  -----------  ---------  ---------  ------------  ----------- 
                 29 488           29 488                         29 225       29 225 
  GB0002520509    344              344                            369         369        N/A        10.99%        N/A 
--------------  ---------------  -----------------------------  -----------  ---------  ---------  ------------  ----------- 
 
 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. 
------------------  ---------------  ----------------------------------------  ----------------------  --------------------- 
 n/a                 n/a              n/a                                       n/a                     n/a 
------------------  ---------------  ----------------------------------------  ----------------------  --------------------- 
 
 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) 
----------------  ---------------  -------------  -------------------------  ----------------------  ----------------------- 
 n/a               n/a              n/a            n/a                                                Nominal       Delta 
----------------  ---------------  -------------  -------------------------                          ------------  --------- 
                                                                              n/a                     n/a           n/a 
--------------      -----------      -----------  ------------    ---------  ----------------------  ------------  --------- 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                           Percentage of voting rights 
----------------------------------------------------------------  ---------------------------------------------------------- 
 
   29 225 369                                                      10.99% 
----------------------------------------------------------------  ---------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------- 
 
   n/a 
 
 Proxy Voting: 
------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                        n/a 
-------------------------------------------------------  ---------------- 
 11. Number of voting rights proxy                                    n/a 
  holder will cease to hold: 
-------------------------------------------------------  ---------------- 
 12. Date on which proxy holder will                                  n/a 
  cease to hold voting rights: 
-------------------------------------------------------  ---------------- 
 
 
  13. Additional information:                                         n/a 
-------------------------------------------------------  ---------------- 
 14. Contact name:                                        Hannah Duncombe 
-------------------------------------------------------  ---------------- 
 15. Contact telephone number:                              020 3249 0198 
-------------------------------------------------------  ---------------- 
 
 
 
 For further information, 
  please contact: 
 Full name:                  Anneka Kingan 
 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

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April 07, 2017 04:18 ET (08:18 GMT)