Redde Plc Holding(s) in Company

 
TIDMREDD 
 
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
 
1. Identity of the issuer or the underlying issuer                                                     REDDE PLC 
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 to the                 Woodford Investment Management Ltd ("Woodford") 
notification obligation: 
 
4. Full name of shareholder(s)                                         Client of Woodford 
 (if different from 3.): 
 
5. Date of the transaction and date on                                     8 May 2017 
which the threshold is crossed or 
reached: 
 
6. Date on which issuer notified:                                          9 May 2017 
 
7. Threshold(s) that is/are crossed or                                         24% 
reached: 
 
8. Notified details: 
 
A: Voting rights attached to shares 
 
Class/type of   Situation previous         Resulting situation after the triggering transaction 
shares          to the triggering 
                transaction 
if possible 
using           Number         Number      Number            Number of voting            % of  voting rights 
the ISIN CODE   of             of          of shares         rights 
                Shares         Voting 
                               Rights           Direct            Direct       Indirect    Direct     Indirect 
 
 GB00BLWF0R63       72,713,006  72,713,006        73,214,976        73,214,976         0      24.09%       0.00% 
 
B: Qualifying Financial Instruments 
 
Resulting situation after the triggering transaction 
 
Type of financial         Expiration Exercise/                          Number of voting           % of voting 
instrument                         Conversion Period                  rights that may be         rights 
                          date                                        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 financial   Exercise   Expiration      Exercise/           Number of voting rights      % of voting rights 
    instrument        price     date    Conversion period        instrument refers to 
 
                                                                                             Nominal    Delta 
 
Total (A+B+C) 
 
               Number of voting rights                               Percentage of voting rights 
 
                     73,214,976                                                 24.09% 
 
 
 
 
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: 
                                             Nick Tilley 
 
15. Contact telephone number:                01225 321218 
 
 
 
END 
 

(END) Dow Jones Newswires

May 10, 2017 04:48 ET (08:48 GMT)