ScS Group PLC TR-1: Notifications of Major Interests in Shares (1992A)

TIDMSCS

RNS Number : 1992A

ScS Group PLC

22 March 2017

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
--------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                        SCS Group 
  the underlying issuer 
  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                            Yes 
----------------------------------------------------------  --------------------------- 
 An acquisition or disposal of qualifying financial                      No 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
----------------------------------------------------------  --------------------------- 
 An acquisition or disposal of instruments with                          No 
  similar economic effect to qualifying financial 
  instruments 
----------------------------------------------------------  --------------------------- 
 An event changing the breakdown of voting rights                        No 
----------------------------------------------------------  --------------------------- 
 Other (please                                                          N/A 
  specify): 
--------------------------------------------------------    --------------------------- 
 3. Full name of person(s)                                  River and Mercantile Asset 
  subject to the                                                   Management LLP 
  notification obligation: 
---------------------------------------------------------  ---------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.): 
---------------------------------------------------------  ---------------------------- 
 5. Date of the transaction                                      20(th) March 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
---------------------------------------------------------  ---------------------------- 
 6. Date on which issuer                                         21(st) March 2017 
  notified: 
---------------------------------------------------------  ---------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached:                                                              5% 
---------------------------------------------------------  ---------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
---------------------------------------------------------------------------------------------------------------------- 
 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 
                 Shares           Voting                           rights 
                                  Rights 
-------------  ---------------  ---------------  --------------  --------------------------  ------------------------- 
                                                  Direct          Direct        Indirect      Direct        Indirect 
-------------      -----------    -----------    --------------  ------------  ------------  ------------  ----------- 
 GB00BRF0TJ56   2,044,994        2,044,994        1,994,994       1,994,994                   4.9873% 
               ---------------  ---------------  --------------  ------------  ------------  ------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration     Exercise/                        Number of voting              % of voting 
 financial           date           Conversion                       rights that                   rights 
 instrument                         Period                           may be 
                                                                     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          Exercise       Expiration     Exercise/         Number of voting              % of voting 
 financial         price         date           Conversion         rights instrument             rights 
 instrument                                     period             refers to 
---------------  -------------  -------------  ----------------  ----------------------------  ----------------------- 
                                                                                                Nominal       Delta 
---------------  -------------  -------------  ----------------  ----------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                            Percentage of voting rights 
-------------------------------------------------  ------------------------------------------------------------------- 
 1,994,994                                          4.9873% 
-------------------------------------------------  ------------------------------------------------------------------- 
 
 
 
 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:             River and Mercantile 
                                           Asset Management LLP 
---------------------------------------  ----------------------- 
 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: 
---------------------------------------  ----------------------- 
 14. Contact name:                             David Harris 
                                           Compliance Department 
---------------------------------------  ----------------------- 
 15. Contact telephone number:             [phone] 
---------------------------------------  ----------------------- 
 
 

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The company news service from the London Stock Exchange

END

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March 22, 2017 06:41 ET (10:41 GMT)