Lombard Risk Management PLC Holding(s) in Company (4730D)

TIDMLRM

RNS Number : 4730D

Lombard Risk Management PLC

27 April 2017

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
---------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                          LOMBARD RISK 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                                    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)                                                 JOHN MICHAEL WISBEY 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  --------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  --------------------------------- 
 5. Date of the transaction                                                   19-26 April 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  --------------------------------- 
 6. Date on which issuer                                                         26 April 2017 
  notified: 
-----------------------------------------------------------  --------------------------------- 
 7. Threshold(s) that is/are                                       Below 18% (previously below 
  crossed or                                                                              21%) 
  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 voting          % of voting 
                of           of            of shares     rights                    rights (x) 
                Shares       Voting 
                             Rights 
------------  -----------  ------------  ------------  ------------------------  ------------------- 
                                          Direct        Direct      Indirect      Direct    Indirect 
                                                         (xi)        (xii) 
------------  -----------  ------------  ------------  ----------  ------------  --------  --------- 
  ORDINARY 
    SHARES     80,500,000   80,50,000     70,687,264    5,295,000   65,392,264    1.32%     16.32% 
              -----------  ------------  ------------  ----------  ------------  --------  --------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------- 
 Type of       Expiration   Exercise/                   Number of voting          % of voting 
  financial     date         Conversion                  rights that               rights 
  instrument    (xiii)       Period (xiv)                may be 
                                                         acquired if 
                                                         the 
                                                         instrument 
                                                         is 
                                                         exercised/ 
                                                         converted. 
------------  -----------  --------------------------  ------------------------  ------------------- 
 OPTIONS @     Sep-2019     Sep 2016-2019               5,500,000                 N/A as 
  14p                                                                              depends 
                                                                                   on total 
                                                                                   number 
                                                                                   of other 
                                                                                   options 
                                                                                   in issue 
------------  -----------  --------------------------  ------------------------  ------------------- 
 
 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) 
------------  -----------  ------------  ------------  ------------------------  ------------------- 
                                                                                  Nominal   Delta 
------------  -----------  ------------  ------------  ------------------------  --------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------- 
 Number of voting rights                  Percentage of voting rights 
---------------------------------------  ----------------------------------------------------------- 
 70,687,264 not including options         17.65% Based on present 
                                           issued capital 
---------------------------------------  ----------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
----------------------------------------------------------------------------------------------- 
 
   Direct : Held in own name and in various nominees 
   Indirect : 36,011,000 held by Compliana Technologies 
   Ltd, 22,132,500 held by Advanced Technology Trust and 
   7,248,764 in SIPP 
 
 Proxy Voting: 
----------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
-------------------------------------------------------------  -------------------------------- 
 11. Number of voting rights proxy 
  holder will cease 
  to hold: 
-------------------------------------------------------------  -------------------------------- 
 12. Date on which proxy holder will 
  cease to hold 
  voting rights: 
-------------------------------------------------------------  -------------------------------- 
 
 
  13. Additional information:                                   Notification based on total 
                                                                number of voting rights figure 
                                                                of 400,593,920 shares in 
                                                                issue 
-------------------------------------------------------------  -------------------------------- 
 14. Contact name:                                                                  JOHN WISBEY 
-------------------------------------------------------------  -------------------------------- 
 15. Contact telephone number:                                                  [phone] 
-------------------------------------------------------------  -------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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April 27, 2017 02:02 ET (06:02 GMT)