ITE Group PLC Holding(s) in Company (6295W)

TIDMITE

RNS Number : 6295W

ITE Group PLC

16 November 2017

TR-1: Standard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant 
  issuer and to the FCA in Microsoft Word format if possible)(i) 
---------------------------------------------------------------------------------------------------- 
 
 1a. Identity of the issuer                                          ITE GROUP PLC 
  or the underlying issuer 
  of existing shares to which 
  voting rights are attached(ii) 
  : 
-------------------------------------------------  ------------------------------------------------- 
 1b. Please indicate if the issuer is a non-UK issuer 
  (please mark with an "X" if appropriate) 
---------------------------------------------------------------------------------------------------- 
 Non-UK issuer 
-------------------------------------------------------------------------------------  ------------- 
 2. Reason for the notification (please mark the appropriate 
  box or boxes with an "X") 
---------------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                                 X 
-------------------------------------------------------------------------------------  ------------- 
 An acquisition or disposal of financial instruments 
-------------------------------------------------------------------------------------  ------------- 
 An event changing the breakdown of voting rights 
-------------------------------------------------------------------------------------  ------------- 
 Other (please specify)(iii) : 
-------------------------------------------------------------------------------------  ------------- 
 3. Details of person subject to the notification obligation(iv) 
 Name                                               Brandes Investment Partners, 
                                                     L.P. 
 City and country of registered                     San Diego, California, USA 
  office (if applicable) 
 4. Full name of shareholder(s) (if different from 3.)(v) 
---------------------------------------------------------------------------------------------------- 
 Name                                               Various clients of Brandes 
                                                     Investment Partners, L.P. 
-------------------------------------------------  ------------------------------------------------- 
 City and country of registered                     N/A 
  office (if applicable) 
-------------------------------------------------  ------------------------------------------------- 
 5. Date on which the threshold                     14/11/2017 
  was crossed or reached(vi) 
  : 
-------------------------------------------------  ------------------------------------------------- 
 6. Date on which issuer notified                   15/11/2017 
  (DD/MM/YYYY): 
-------------------------------------------------  ------------------------------------------------- 
 7. Total positions of person(s) subject to the notification 
  obligation 
---------------------------------------------------------------------------------------------------- 
                               % of voting            % of voting        Total of       Total number 
                              rights attached       rights through       both in %       of voting 
                                 to shares             financial        (8.A + 8.B)      rights of 
                                 (total of            instruments                        issuer(vii) 
                                   8. A)               (total of 
                                                      8.B 1 + 8.B 
                                                          2) 
----------------------  -------------------------  ----------------  ----------------  ------------- 
 Resulting 
  situation 
  on the date 
  on which 
  threshold 
  was crossed 
  or reached             13.99%                     None              13.99%            269,280,300 
----------------------  -------------------------  ----------------  ----------------  ------------- 
 Position 
  of previous 
  notification 
  (if 
  applicable)            14.03%                     None              14.03% 
----------------------  -------------------------  ----------------  ----------------  ------------- 
 
 
 
 8. Notified details of the resulting situation on the 
  date on which the threshold was crossed or reached(viii) 
----------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
----------------------------------------------------------------------------------------------------------------- 
 Class/type              Number of voting rights(ix)               % of voting rights 
  of 
  shares 
  ISIN code 
  (if possible) 
---------------------- 
                                Direct              Indirect                  Direct                  Indirect 
                               (Art 9 of            (Art 10 of               (Art 9 of               (Art 10 of 
                               Directive            Directive                Directive                Directive 
                              2004/109/EC)         2004/109/EC)             2004/109/EC)            2004/109/EC) 
                                (DTR5.1)            (DTR5.2.1)                (DTR5.1)               (DTR5.2.1) 
---------------------   ----------------------  ----------------  ------------------------------  --------------- 
 GB0002520509            None                    37,534,742        None                            13.94% 
----------------------  ----------------------  ----------------  ------------------------------  --------------- 
 US4503641049            None                    124,100**         None                            .05% 
----------------------  ----------------------  ----------------  ------------------------------  --------------- 
 
 SUBTOTAL 
  8. A                                               37,658,842                        13.99% 
----------------------  ----------------------------------------  ----------------------------------------------- 
 
 B 1: Financial Instruments according to Art. 13(1)(a) 
  of Directive 2004/109/EC (DTR5.3.1.1 (a)) 
----------------------------------------------------------------------------------------------------------------- 
 Type of financial       Expiration              Exercise/         Number of voting                % of voting 
  instrument              date(x)                 Conversion        rights that                     rights 
                                                  Period(xi)        may be acquired 
                                                                    if the instrument 
                                                                    is 
                                                                    exercised/converted. 
----------------------  ----------------------  ----------------  ------------------------------  --------------- 
 
 
 
                                                 SUBTOTAL 8. 
                                                  B 1 
                                                ----------------  ------------------------------  --------------- 
 
 B 2: Financial Instruments with similar economic effect 
  according to Art. 13(1)(b) of Directive 2004/109/EC 
  (DTR5.3.1.1 (b)) 
----------------------------------------------------------------------------------------------------------------- 
 Type of                Expiration               Exercise/         Physical           Number       % of voting 
  financial              date(x)                 Conversion        or cash             of voting    rights 
  instrument                                     Period            settlement(xii)     rights 
                                                 (xi) 
---------------------  -----------------------  ----------------  -----------------  -----------  --------------- 
 
 
 
                                                                   SUBTOTAL 
                                                                    8.B.2 
                                                                  -----------------  -----------  --------------- 
 
 
 
 
 9. Information in relation to the person subject to 
  the notification obligation (please mark the 
  applicable box with an "X") 
 Person subject to the notification obligation is                         X 
  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(xiii) 
 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(xiv) (please add additional rows as 
  necessary) 
--------------------------------------------------------------  --------------------- 
   Name(xv)        % of voting            % of voting              Total of both 
                   rights if it          rights through             if it equals 
                   equals or is       financial instruments         or is higher 
                   higher than            if it equals           than the notifiable 
                  the notifiable          or is higher                threshold 
                    threshold          than the notifiable 
                                            threshold 
-------------  ------------------  -------------------------  ----------------------- 
 
 
 
 
 
 
 10. In case of proxy voting, please identify: 
------------------------------------------------------------------------------------- 
 Name of the proxy holder 
---------------------------------  -------------------------------------------------- 
 The number and % of voting 
  rights held 

---------------------------------  -------------------------------------------------- 
 The date until which the 
  voting rights will be held 
---------------------------------  -------------------------------------------------- 
 
 11. Additional information(xvi) 
------------------------------------------------------------------------------------- 
 
   **This number takes into account the ADR Ratio of 1:4. 
------------------------------------------------------------------------------------- 
 
 
 
 Place of completion   San Diego, California USA 
--------------------  -------------------------- 
 Date of completion    15-11-2017 
--------------------  -------------------------- 
 
 
 
   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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November 16, 2017 02:01 ET (07:01 GMT)