ITE Group PLC Holding(s) in Company (8498N)

TIDMITE

RNS Number : 8498N

ITE Group PLC

31 October 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                     ITE Group PLC 
  the underlying issuer                                            GB0002520509 
  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)                                    Norges Bank 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ----------------------- 
 4. Full name of shareholder(s)                               N/A 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ----------------------- 
 5. Date of the transaction                                   27 October 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ----------------------- 
 6. Date on which issuer                                      28 October 2016 
  notified: 
-----------------------------------------------------------  ----------------------- 
 7. Threshold(s) that is/are                                  Below 3% 
  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) 
------------------      -----------    -----------    -------------  ------------  -----------  ------------  ----------- 
 
                                                                                                 2.94 
   GB0002520509      7,744,045        7,744,045        7,714,933      7,714,933                   % 
                    ---------------  ---------------  -------------  ------------  -----------  ------------  ----------- 
 
 
 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. 
----------------------  -------------  ------------------------------  ---------------------------  --------------------- 
 Shares on Loan 
  (Right to recall)      N/A            At any time                     133,457                      0.05 % 
----------------------  -------------  ------------------------------  ---------------------------  --------------------- 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------- 
 Type of financial     Exercise       Expiration     Exercise/        Number of voting             % of voting 
  instrument            price         date           Conversion        rights instrument            rights (xix, 
                                      (xvii)         period            refers to                    xx) 
                                                     (xviii) 
--------------------  -------------  -------------  ---------------  ---------------------------  ----------------------- 
 N/A                   N/A            N/A            N/A              N/A                          Nominal       Delta 
--------------------  -------------  -------------  ---------------  ---------------------------  ------------  --------- 
                                                                                                   N/A           N/A 
------------------      -----------    -----------      -----------    ----------  -----------    ------------  --------- 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                 Percentage of voting rights 
------------------------------------------------------  ----------------------------------------------------------------- 
 7,848,390                                               2.99 % 
------------------------------------------------------  ----------------------------------------------------------------- 
 
 
 
 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:              Norges Bank 
-----------------------------------------  --------------------- 
 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:                 None 
------------------------------------------  -------------------- 
 14. Contact name:                           Philippe Chiaroni 
------------------------------------------  -------------------- 
 15. Contact telephone number:               [phone] 
------------------------------------------  -------------------- 
 
 
 
 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

HOLLIFETIFLLVIR

(END) Dow Jones Newswires

October 31, 2016 04:55 ET (08:55 GMT)