Polypipe Group PLC Holding(s) in Company (2272G)

TIDMPLP

RNS Number : 2272G

Polypipe Group PLC

25 May 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or the underlying                                                          Polypipe Group Plc 
  issuer 
  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                                                       Yes 
-------------------------------------------------------------------------------  --------------------------------------- 
 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                                                  Standard Life Investments (Holdings) 
  to the                                                                                        Limited (Parent Company) 
  notification obligation: (iii) 
-----------------------------------------------------------------------  ----------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------------------  ----------------------------------------------- 
 5. Date of the transaction and date                                                                          23/05/2017 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
-----------------------------------------------------------------------  ----------------------------------------------- 
 6. Date on which issuer notified:                                                                            24/05/2017 
-----------------------------------------------------------------------  ----------------------------------------------- 
 7. Threshold(s) that is/are crossed                                              Standard Life Investments Limited -12% 
  or 
  reached: (vi, vii) 
-----------------------------------------------------------------------  ----------------------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------------------- 
 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 shares       rights                  (x) 
                 Shares            Voting 
                                   Rights 
-------------  ----------------  ----------------  --------------  ----------------------  --------------------------- 
                                                    Direct          Direct     Indirect     Direct        Indirect 
                                                                    (xi)        (xii) 
-------------      ------------    ------------    --------------  ---------  -----------  ------------  ------------- 
 GB00BKRC5K31   25,769,775        25,769,775        25,011,542                 25,011,542                 12.61% 
               ----------------  ----------------  --------------  ---------  -----------  ------------  ------------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration      Exercise/                         Number of voting          % of voting 
 financial           date (xiii)     Conversion Period                 rights that may           rights 
 instrument                          (xiv)                             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 rights 
 financial         price          date (xvii)     Conversion       rights instrument           (xix, xx) 
 instrument                                       period           refers to 
                                                  (xviii) 
---------------  --------------  --------------  --------------  --------------------------  ------------------------- 
                                                                                              Nominal       Delta 
---------------  --------------  --------------  --------------  --------------------------  ------------  ----------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                          Percentage of voting rights 
---------------------------------------------------------------  ----------------------------------------------------- 
 
   25,011,542                                                      12.61% 
---------------------------------------------------------------  ----------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
-------------------------------------------------------------------------------------------------------------------- 
 
                                                               Standard Life Investments (Holdings) Limited - 12.61% 
                                                                          Standard Life Investments Limited - 11.93% 
                                                                        Ignis Investment Services Limited - Below 5% 
 
 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:                                                     Total voting rights of 198,279,182 
                                                                                  based upon company announcement as 
                                                                                              at 30th September 2016 
-------------------------------------------------------------------  ----------------------------------------------- 
 14. Contact name:                                                    [e-mail] 
-------------------------------------------------------------------  ----------------------------------------------- 
 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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May 25, 2017 05:04 ET (09:04 GMT)