Rotork PLC Holding(s) in Company (7226X)

TIDMROR

RNS Number : 7226X

Rotork PLC

23 February 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (i) 
 
 
 1. Identity of the issuer      Rotork plc 
  or 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      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)          T. Rowe Price Associates, 
  subject to the notification        Inc 
  obligation: (iii) 
---------------------------------  -------------------------- 
 4. Full name of shareholder(s)     Bank of New York Mellon 
  (if different from 3.):            Bank, N.A. 
  (iv)                               Brown Brothers Harriman 
                                     & Co. 
                                     JP Morgan Chase 
                                     National Australia 
                                     Bank 
                                     Northern Trust Company 
                                     State Street Bank & 
                                     Trust Co 
---------------------------------  -------------------------- 
 5. Date of the transaction         21 February 2017 
  and date on which the threshold 
  is crossed or reached: (v) 
---------------------------------  -------------------------- 
 6. Date on which issuer            23 February 2017 
  notified: 
---------------------------------  -------------------------- 
 7. Threshold(s) that is/are        Below 5% 
  crossed or 
  reached: (vi, vii) 
---------------------------------  -------------------------- 
 
 
 8. Notified details: 
----------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
----------------------------------------------------------------------------------------------- 
 Class/type      Situation                 Resulting situation after 
  of              previous                  the triggering transaction 
  shares          to the triggering 
                  transaction 
  if possible 
  using 
  the ISIN 
  CODE 
--------------  ------------------------  ----------------------------------------------------- 
                 Number       Number       Number       Number of             % of voting 
                  of           of           of           voting                rights (x) 
                  Shares       Voting       shares       rights 
                               Rights 
--------------  -----------  -----------  -----------  --------------------  ------------------ 
                                           Direct       Direct   Indirect     Direct   Indirect 
                                                         (xi)     (xii) 
--------------  -----------  -----------  -----------  -------  -----------  -------  --------- 
  GB00BVFNZH21   44,287,220   43,639,106   43,869,607            43,259,363               4.97% 
--------------  -----------  -----------  -----------  -------  -----------  -------  --------- 
 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------- 
 Type of financial   Expiration   Exercise/     Number of      % of voting 
  instrument          date         Conversion    voting         rights 
                      (xiii)       Period        rights that 
                                   (xiv)         may 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     % of voting 
  financial     price      date         Conversion    voting        rights (xix, 
  instrument               (xvii)       period        rights        xx) 
                                        (xviii)       instrument 
                                                      refers 
                                                      to 
------------  ---------  -----------  ------------  ------------  ---------------- 
                                                                   Nominal   Delta 
------------  ---------  -----------  ------------  ------------  --------  ------ 
 
 
 
 Total (A+B+C) 
----------------------------------------------- 
 Number of voting rights   Percentage of voting 
                            rights 
------------------------  --------------------- 
 43,259,363                4.97% 
------------------------  --------------------- 
 
 
 9. Chain of controlled undertakings through which 
  the voting rights and/or the 
  financial instruments are effectively held, if 
  applicable: (xxi) 
------------------------------------------------------ 
 
   T. Rowe Price Associates, Inc. (TRPA) serves as 
   investment adviser, with dispositive and voting 
   authority, to various institutional clients that 
   own shares of Rotork plc, including the T. Rowe 
   Price New Horizons Fund, which owns 32,293,609 
   shares. Such shares are registered in the following 
   name(s): 
 
   Bank of New York Mellon Bank, N.A. - 1,531,379 
   Brown Brothers Harriman & Co. - 46,666 
   JP Morgan Chase - 4,223,695 
   National Australia Bank - 150,350 
   Northern Trust Company - 879,432 
   State Street Bank & Trust Co - 36,427,841 
------------------------------------------------------ 
 
 
 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:                 Stephen R. Jones 
-------------------------------  ------------------ 
 15. Contact telephone number:     01225 733331 
-------------------------------  ------------------ 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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February 23, 2017 11:13 ET (16:13 GMT)