ITE Group PLC Holding(s) in Company (5725H)

TIDMITE

RNS Number : 5725H

ITE Group PLC

08 June 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                                   07/06/17 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ------------------------------------- 
 6. Date on which issuer                                      08/06/17 
  notified: 
-----------------------------------------------------------  ------------------------------------- 
 7. Threshold(s) that is/are                                  Falling below 10% 
  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) 
--------------      -----------      -----------  ------------  -------------  -------------  ---------  ------------  ----------- 
 
  GB0002520509   26,967,614       26,967,614                     26,438,085     26,438,085     N/A        9.83%         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 
----------------------------------------------------------------  ---------------------------------------------------------------- 
 
   26,438,085                                                      9.83% 
----------------------------------------------------------------  ---------------------------------------------------------------- 
 
 
 
 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:                                        Yaroslav Lisovyy 
-------------------------------------------------------  ----------------- 
 15. Contact telephone number:                               020 3249 0175 
-------------------------------------------------------  ----------------- 
 
 
 
 
   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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June 08, 2017 09:04 ET (13:04 GMT)