Xafinity PLC TR-1 Notification of Major Interest in Shares (2476X)

TIDMXAF TIDMSDR

RNS Number : 2476X

Xafinity PLC

19 February 2017

 
 
 
 
 TR-1: Notification of Major Interest in Shares 
---------------------------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                                      Xafinity 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                                                                    ü 
-------------------------------------------------------------------------------------------------------------  ------- 
 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                                       Type 1 Disclosure as per the Transparency Directive        ü 
  specify):                                          II Regulation 
--------------------------------------------------  ---------------------------------------------------------  ------- 
 3. Full name of person(s) subject                                   Schroders plc & Schroder Investment 
  to the                                                                      Management Limited 
  notification obligation: (iii) 
----------------------------------------------------  ---------------------------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
----------------------------------------------------  ---------------------------------------------------------------- 
 5. Date of the transaction and date                                              16.02.17 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
----------------------------------------------------  ---------------------------------------------------------------- 
 6. Date on which issuer notified:                                                17.02.17 
----------------------------------------------------  ---------------------------------------------------------------- 
 7. Threshold(s) that is/are crossed                                         Above 5%, 10% & 11% 
  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) 
-------------      ------------    ------------    --------------  ---------  -----------  ------------  ------------- 
   Ordinary        Below 5%          Below 5%        18,562,086       N/A      15,568,201       N/A         11.372% 
               ----------------  ----------------  --------------  ---------  -----------  ------------  ------------- 
 GB00BDDN1T20 
-------------      ------------    ------------      ------------    -------  -----------      --------    ----------- 
 
 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 
---------------------------------------------------  ----------------------------------------------------------------- 
                     15,568,201                                                   11.372% 
---------------------------------------------------  ----------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
-------------------------------------------------------------------------------------------------------------------- 
 Schroder Investment Management Limited 15,568,201 11.372% 
 
 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: 
-------------------------------------------------------------------------  ----------------------------------------- 
 
                                                                            The shares referred to in section 
  13. Additional information:                                               9 are held in portfolios managed by 
                                                                            those firms on a discretionary basis 
                                                                            for clients under investment management 
                                                                            agreements. This disclosure has been 
                                                                            calculated based on issue share capital 
                                                                            amount 136,896,244. 
-------------------------------------------------------------------------  ----------------------------------------- 
 14. Contact name: 
                                                                                         Shaheen Hussain 
-------------------------------------------------------------------------  ----------------------------------------- 
 
 15. Contact telephone number:                                                            020 7658 6000 
-------------------------------------------------------------------------  ----------------------------------------- 
 
 

END

HOLFMGMZZLRGNZZ

(END) Dow Jones Newswires

February 20, 2017 02:00 ET (07:00 GMT)