Liontrust Asset Management PLC Holding(s) in Company (2549U)

TIDMLIO

RNS Number : 2549U

Liontrust Asset Management PLC

16 January 2017

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------------------ 
 
 1. Identity of the issuer or                                   Liontrust Asset Management 
  the underlying issuer                                                                PLC 
  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 
------------------------------------------------------------  ---------------------------- 
 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                             X 
  similar economic effect to qualifying financial 
  instruments 
------------------------------------------------------------  ---------------------------- 
 An event changing the breakdown of voting rights 
------------------------------------------------------------  ---------------------------- 
 Other (please 
  specify): 
----------------------------------------------------------    ---------------------------- 
 3. Full name of person(s)                                     Polygon Global Partners LLP 
  subject to the                                                     Reade Eugene Griffith 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ----------------------------- 
 4. Full name of shareholder(s)                                                        N/A 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ----------------------------- 
 5. Date of the transaction                                                13 January 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ----------------------------- 
 6. Date on which issuer                                                   16 January 2017 
  notified: 
-----------------------------------------------------------  ----------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                                   10% 
-----------------------------------------------------------  ----------------------------- 
 
 
 
 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) 
----------------    ------------   ------------   -------------  -------  -----------  --------  --------- 
 
 
 
 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. 
------------------  -------------  ----------------------------  --------------------  ------------------- 
 
 
 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) 
-----------------  -------------  -------------  --------------  --------------------  ------------------- 
 Contract                                                                               Nominal   Delta 
  for difference 
  relating 
  to ordinary 
  shares 
  (GB0007388407) 
-----------------  -------------  -------------  --------------                        --------  --------- 
                                                                  4,535,724                       9.97% 
        -------------------------------------------------------  --------------------  --------  --------- 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------- 
 Number of voting rights                            Percentage of voting rights 
-------------------------------------------------  ------------------------------------------------------- 
 4,535,724                                          9.97% 
-------------------------------------------------  ------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------------------ 
 
   Reade Griffith holds a majority of the voting rights 
   in Polygon Global Partners LLP. Consequently, Polygon 
   Global Partners LLP is a "controlled undertaking" in 
   relation to Mr. Griffith. 
 
 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:                              The positions that gave 
                                                           rise to the notification 
                                                           obligation are held by Tetragon 
                                                           Financial Group Master Fund 
                                                           Limited ("TFG"). Tetragon 
                                                           Financial Management LP ("TFM") 
                                                           has been appointed as the 
                                                           investment manager of TFG. 
                                                           Polygon Global Partners LLP 
                                                           provides certain services 
                                                           to TFM pursuant to a services 
                                                           agreement between them. 
-------------------------------------------------------  --------------------------------- 
 14. Contact name:                                                        Katharine Ostrow 
-------------------------------------------------------  --------------------------------- 
 15. Contact telephone number:                                               020 7901 8331 
-------------------------------------------------------  --------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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January 16, 2017 07:00 ET (12:00 GMT)