Victrex PLC Holding(s) in Company (7980Z)

TIDMVCT TIDMPRU

RNS Number : 7980Z

Victrex PLC

17 March 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
---------------------------------------------------------------------------------------------------- 
 1. Identity of the issuer or                                              Victrex Plc 
  the underlying 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 
---------------------------------------------------------------  ----------------------------------- 
 An acquisition or disposal of qualifying financial                               X 
  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)                                     Prudential plc group of companies 
  subject to the 
  notification obligation: 
  (iii) 
---------------------------------------------------------  ----------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv)                                             Prudential plc 
                                                                 The Prudential Assurance Company 
                                                                             Limited 
---------------------------------------------------------  ----------------------------------------- 
 5. Date of the transaction                                              15 March 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
---------------------------------------------------------  ----------------------------------------- 
 6. Date on which issuer                                                 16 March 2017 
  notified: 
---------------------------------------------------------  ----------------------------------------- 
 7. Threshold(s) that is/are                                              See item 13 
  crossed or 
  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                % of voting 
                       of               of                of shares       voting                   rights (x) 
                       Shares           Voting                            rights 
                                        Rights 
-------------------  ---------------  ----------------  --------------  -----------------------  ------------------------- 
                                                         Direct          Direct     Indirect      Direct        Indirect 
                                                                         (xi)        (xii) 
-------------------      -----------    ------------    --------------  ---------  ------------  ------------  ----------- 
 
     ORD GBP0.01 
     GB0009292243       2,592,150         2,592,150        2,525,767        0        2,525,767         0          2.94% 
-------------------  ---------------  ----------------  --------------  ---------  ------------  ------------  ----------- 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of financial        Expiration     Exercise/                         Number of voting           % of voting 
  instrument               date           Conversion                        rights that                rights 
                           (xiii)         Period (xiv)                      may be 
                                                                            acquired if 
                                                                            the 
                                                                            instrument 
                                                                            is 
                                                                            exercised/ 
                                                                            converted. 
-----------------------  -------------  --------------------------------  -------------------------  --------------------- 
      ORD GBP0.01                                                                  224,664                   0.26% 
      GB0009292243 
    (Right of Recall) 
-----------------------  -------------  --------------------------------  -------------------------  --------------------- 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of financial      Exercise       Expiration      Exercise/         Number of voting           % of voting 
  instrument             price         date            Conversion         rights instrument          rights (xix, 
                                       (xvii)          period             refers to                  xx) 
                                                       (xviii) 
---------------------  -------------  --------------  ----------------  -------------------------  ----------------------- 
                                                                                                    Nominal       Delta 
---------------------  -------------  --------------  ----------------  -------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
-------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                   Percentage of voting rights 
--------------------------------------------------------  ---------------------------------------------------------------- 
 2,750,431                                                 3.20 % 
--------------------------------------------------------  ---------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
--------------------------------------------------------------------------------------------- 
 
   Prudential plc (parent Company) - 2,750,431 (3.20%) 
   The Prudential Assurance Company Limited (wholly owned 
   subsidiary of Prudential plc) - 2,750,431 (3.20%) 
 
 Proxy Voting: 
--------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                            N/A 
-------------------------------------------------------  ------------------------------------ 
 11. Number of voting rights proxy                                        N/A 
  holder will cease 
  to hold: 
-------------------------------------------------------  ------------------------------------ 
 12. Date on which proxy holder will                                      N/A 
  cease to hold 
  voting rights: 
-------------------------------------------------------  ------------------------------------ 
 
 
  13. Additional information:                               The indirect holdings for 
                                                            Prudential plc and The Prudential 
                                                            Assurance Company Limited 
                                                            (wholly owned subsidiary 
                                                            of Prudential plc) have moved 
                                                            below a 3% notifiable interest 
                                                            excluding the right of recall 
                                                            under the Qualifying Financial 
                                                            Instruments. 
-------------------------------------------------------  ------------------------------------ 
 14. Contact name:                                        Claire Lowry 

-------------------------------------------------------  ------------------------------------ 
 15. Contact telephone number:                            01253 897477 
-------------------------------------------------------  ------------------------------------ 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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March 17, 2017 05:34 ET (09:34 GMT)