Mears Group PLC TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (0472K)

TIDMMER

RNS Number : 0472K

Mears Group PLC

04 July 2017

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
-------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                                Mears Group PLC 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: 
---------------------------------------------------------  --------------------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
-------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                               Yes 
----------------------------------------------------------  -------------------------------- 
 An acquisition or disposal of qualifying financial                        No 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
----------------------------------------------------------  -------------------------------- 
 An acquisition or disposal of instruments with                            No 
  similar economic effect to qualifying financial 
  instruments 
----------------------------------------------------------  -------------------------------- 
 An event changing the breakdown of voting rights                          No 
----------------------------------------------------------  -------------------------------- 
 Other (please                                                             No 
  specify): 
--------------------------------------------------------    -------------------------------- 
 3. Full name of person(s)                                            PrimeStone Capital LLP 
  subject to the 
  notification obligation: 
---------------------------------------------------------  --------------------------------- 
 4. Full name of shareholder(s)                              PrimeStone Capital Irish Holdco 
  (if different from 3.):                                                            Limited 
---------------------------------------------------------  --------------------------------- 
 5. Date of the transaction                                                 29(th) June 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
---------------------------------------------------------  --------------------------------- 
 6. Date on which issuer                                                     3(rd) July 2017 
  notified: 
---------------------------------------------------------  --------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached:                                                                               12% 
---------------------------------------------------------  --------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
---------------------------------------------------------------------------------------------------------------------- 
 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 
                Shares              Voting                            rights 
                                    Rights 
-------------  -----------------  ----------------  --------------  -----------------------  ------------------------- 
                                                     Direct          Direct     Indirect      Direct        Indirect 
-------------      -------------    ------------    --------------  ---------  ------------  ------------  ----------- 
                11 924             11 924            12 668          12 668 
 GB0005630420    684                684               439            439        N/A           12.30%        N/A 
               -----------------  ----------------  --------------  ---------  ------------  ------------  ----------- 
 
 
 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                           Period                            may be 
                                                                        acquired if 
                                                                        the 
                                                                        instrument 
                                                                        is 
                                                                        exercised/ 
                                                                        converted. 
-----------------  ---------------  --------------------------------  -------------------------  --------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise         Expiration      Exercise/         Number of voting           % of voting 
 financial         price           date            Conversion         rights instrument          rights 
 instrument                                        period             refers to 
---------------  ---------------  --------------  ----------------  -------------------------  ----------------------- 
                                                                                                Nominal       Delta 
---------------  ---------------  --------------  ----------------  -------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                               Percentage of voting rights 
----------------------------------------------------  ---------------------------------------------------------------- 
                     12 668 439                                                    12.30% 
----------------------------------------------------  ---------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
-------------------------------------------------------------------------------- 
 
 
 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: 
-------------------------------------------------------------  ----------------- 
 14. Contact name:                                               Martin Donnelly 
-------------------------------------------------------------  ----------------- 
 15. Contact telephone number:                                  [phone] 
-------------------------------------------------------------  ----------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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July 04, 2017 04:26 ET (08:26 GMT)