Premier Asset Management Group PLC TR-1: Notification of Major Interest in Shares (2376D)

TIDMPAM

RNS Number : 2376D

Premier Asset Management Group PLC

25 April 2017

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
--------------------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                                   PREMIER ASSET MANAGEMENT GROUP 
  issuer                                                                                   LIMITED 
  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) subject                                                 HARGREAVE HALE LIMITED 
  to the 
  notification obligation: (iii) 
--------------------------------------------------------------------------  ----------------------------------- 
 4. Full name of shareholder(s)                                                    DISCRETIONARY CLIENTS 
  (if different from 3.):(iv) 
--------------------------------------------------------------------------  ----------------------------------- 
 5. Date of the transaction and date                                                   21 APRIL 2017 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
--------------------------------------------------------------------------  ----------------------------------- 
 6. Date on which issuer notified:                                                     24 APRIL 2017 
--------------------------------------------------------------------------  ----------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                                                         5% 
--------------------------------------------------------------------------  ----------------------------------- 
 
 
 
 8. Notified details: 
----------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
----------------------------------------------------------------------------------------------------------------------------- 
 Class/type      Situation previous                 Resulting situation after the triggering transaction 
  of              to the triggering 
  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       Indirect        Direct     Indirect      Direct     Indirect 
                                                                                  (xi)       (xii) 
--------------      -----------      ------------  -----------  --------------  ---------  ------------  ---------  --------- 
 
 
  GB00BZB2KR63   5,369,355        5,369,355                      5,269,355                  5,269,355                4.9804% 
                ---------------  ----------------  -----------  --------------  ---------  ------------  ---------  --------- 
 
 
 B: Qualifying Financial Instruments 
----------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------------------- 
 Type of financial   Expiration       Exercise/                      Number of voting                       % of voting 
  instrument          date (xiii)      Conversion Period              rights that may                        rights 
                                       (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 
----------------------------------------------------------------  ----------------------------------------------------------- 
 5,269,355                                                         4.9804% 
----------------------------------------------------------------  ----------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
-------------------------------------------------------------------------------------------------------- 
 5,265,455 of these shares are held for unit trusts operated by Marlborough 
  Fund Managers Ltd, for whom Hargreave Hale Ltd manages the investments 
  on a discretionary basis. The remaining shares are held for other discretionary 
  clients. 
 
 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:                                                                   David Clueit 
                                                                                     Hargreave Hale Ltd 
----------------------------------------------------------------------------------  -------------------- 
 15. Contact telephone number:                                                       01253 754739 
----------------------------------------------------------------------------------  -------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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April 25, 2017 04:34 ET (08:34 GMT)