Serco Group PLC Holding(s) in Company (6155M)

TIDMSRP

RNS Number : 6155M

Serco Group PLC

14 October 2016

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                                Serco Group 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                                   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)                                         Odey Asset Management LLP 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ------------------------------- 
 5. Date of the transaction                                                  13 OCTOBER 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ------------------------------- 
 6. Date on which issuer                                                     14 OCTOBER 2016 
  notified: 
-----------------------------------------------------------  ------------------------------- 
 7. Threshold(s) that is/are                                                        ABOVE 5% 
  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 voting            % of voting 
                 of                of                of shares       rights                      rights (x) 
                 Shares            Voting 
                                   Rights 
-------------  ----------------  ----------------  --------------  --------------------------  ----------------------- 
                                                    Direct          Direct         Indirect     Direct      Indirect 
                                                                     (xi)           (xii) 
-------------      ------------    ------------    --------------  -------------  -----------  ----------  ----------- 
 GB0007973794   21,568,118        21,568,118        22,213,000      22,213,000                  2.02% 
-------------  ----------------  ----------------  --------------  -------------  -----------  ----------  ----------- 
 
 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          (xiii)          Period (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 voting              % of voting 
 financial         price          date            Conversion       rights instrument             rights (xix, 
 instrument                       (xvii)          period           refers to                     xx) 
                                                  (xviii) 
---------------  --------------  --------------  --------------  ----------------------------  ----------------------- 
 Contract                                                         33,000,000                    Nominal       Delta 
 for Difference 
 (CFD) 
---------------  --------------  --------------  --------------  ----------------------------  ------------  --------- 
                                                                                                3.00% 
-------------      ------------    ------------    ------------      -----------  -----------  ------------  --------- 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                          Percentage of voting rights 
---------------------------------------------------------------  ----------------------------------------------------- 
 55,213,000                                                       5.02% 
---------------------------------------------------------------  ----------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
---------------------------------------------------------------------------- 
 
   CF Odey Absolute Return Fund holds 3.00%. All other 
   funds hold less than 3%. 
 
 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:                                                Fergus Lee 
-------------------------------------------------------------  ------------- 
 15. Contact telephone number:                                  020 72081400 
-------------------------------------------------------------  ------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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October 14, 2016 11:00 ET (15:00 GMT)