Mears Group PLC TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (0343K)

TIDMMER

RNS Number : 0343K

Mears Group PLC

16 September 2016

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
------------------------------------------------------------------------------------------------------------------------ 
 
 1. Identity of the issuer or the underlying                                Mears Group Plc 
  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                                                       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) subject                                        Franklin Templeton Investment Management 
  to the                                                                   Limited 
  notification obligation: 
-----------------------------------------------------------------------  ----------------------------------------------- 
 4. Full name of shareholder(s)                                           JP Morgan Chase Bank, N.A. 
  (if different from 3.):                                                  Citibank N.A. 
-----------------------------------------------------------------------  ----------------------------------------------- 
 5. Date of the transaction and date                                      September 12, 2016 
  on 
  which the threshold is crossed 
  or 
  reached: 
-----------------------------------------------------------------------  ----------------------------------------------- 
 6. Date on which issuer notified:                                        September 13, 2016 
-----------------------------------------------------------------------  ----------------------------------------------- 
 7. Threshold(s) that is/are crossed                                      Below 5% 
  or 
  reached: 
-----------------------------------------------------------------------  ----------------------------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
------------------------------------------------------------------------------------------------------- 
 Class/type      Situation previous                    Resulting situation after the triggering 
 of               to the triggering                     transaction 
 shares           transaction 
 
 if possible 
 using 
 the ISIN CODE 
--------------  ------------------------------------  ------------------------------------------------- 
                 Number                  Number        Number    Number of voting    % of voting rights 
                  of                      of           of         rights 
                  Shares                  Voting       shares 
                                          Rights 
--------------  ----------------------  ------------  --------  ------------------  ------------------- 
                                                       Direct    Direct   Indirect   Direct    Indirect 
--------------  ---------  -----------  ------------  --------  -------  ---------  --------  --------- 
 ORD GBP.01      5,595,318               5,595,318                                             Below 5% 
                ----------------------  ------------  --------  -------  ---------  --------  --------- 
 GB0005630420 
--------------  ---------  -----------  ------------  --------  -------  ---------  --------  --------- 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------- 
 Type of         Expiration              Exercise/               Number of voting    % of voting 
  financial       date                    Conversion Period      rights that may      rights 
  instrument                                                     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 rights 
  financial      price       date         Conversion    rights instrument 
  instrument                              period        refers to 
--------------  ---------  -----------  ------------  ----------------------------  ------------------- 
                                                                                     Nominal   Delta 
--------------  ---------  -----------  ------------  ----------------------------  --------  --------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------- 
 Number of voting rights                               Percentage of voting rights 
----------------------------------------------------  ------------------------------------------------- 
                                                       Below 5% 
----------------------------------------------------  ------------------------------------------------- 
 
 
 
 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:                                                         Lori A. Weber 
                                                                           Assistant Secretary, Franklin Resources, 
                                                                           Inc. 
------------------------------------------------------------------------  ------------------------------------------ 
 15. Contact telephone number:                                             954-847-2283 
------------------------------------------------------------------------  ------------------------------------------ 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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September 16, 2016 02:00 ET (06:00 GMT)