Shearwater Group PLC Holding(s) in Company (2231A)

TIDMSWG TIDMHSBA

RNS Number : 2231A

Shearwater Group PLC

22 March 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
----------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                     Shearwater 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)                                    HSBC Holdings plc 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ---------------------------- 
 4. Full name of shareholder(s)                               HSBC Bank plc 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ---------------------------- 
 5. Date of the transaction                                   15(th) March 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v8) 
-----------------------------------------------------------  ---------------------------- 
 6. Date on which issuer                                      22(nd) March 2017 
  notified: 
-----------------------------------------------------------  ---------------------------- 
 7. Threshold(s) that is/are                                  Above 6% 
  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                   % of voting 
                 of               of                of shares       voting                      rights (x) 
                 Shares           Voting                            rights 
                                  Rights 
-------------  ---------------  ----------------  --------------  --------------------------  ------------------------ 
                                                   Direct          Direct         Indirect     Direct      Indirect 
                                                                    (xi)           (xii) 
-------------      -----------    ------------    --------------  -------------  -----------  ----------  ------------ 
                    Below             Below                                         Below                     Below 
                  Disclosure        Disclosure                                    Disclosure     6.355      Disclosure 
 GB00B00T3528     Threshold         Threshold       34,016,894      34,016,894    Threshold        %        Threshold 
               ---------------  ----------------  --------------  -------------  -----------  ----------  ------------ 
 
 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. 
-----------------  -------------  --------------------------------  --------------------------  ---------------------- 
 Nil 
-----------------  -------------  --------------------------------  --------------------------  ---------------------- 
 
 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) 
---------------  -------------  --------------  --------------  ----------------------------  ------------------------ 
                                                                                               Nominal     Delta 
-------------    -------------  --------------  --------------  ----------------------------  ----------  ------------ 
 Nil 
---------------    -----------    ------------    ------------      -----------  -----------  ----------  ------------ 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                         Percentage of voting rights 
--------------------------------------------------------------  ------------------------------------------------------ 
 
                          34,016,894                                                     6.355 % 
--------------------------------------------------------------  ------------------------------------------------------ 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------------------------------ 
 
 
 Proxy Voting: 
------------------------------------------------------------------------------------------------------ 
 10. Name of the proxy holder:                                                  NA 
----------------------------------------------------------  ------------------------------------------ 
 11. Number of voting rights proxy                                              NA 
  holder will cease 
  to hold: 
----------------------------------------------------------  ------------------------------------------ 
 12. Date on which proxy holder will                                            NA 
  cease to hold 
  voting rights: 
----------------------------------------------------------  ------------------------------------------ 
 
 
  13. Additional information: 
--------------------------------------------------------  -------------------------------------------- 
 14. Contact name:                                         Sanjeev Kalha 
--------------------------------------------------------  -------------------------------------------- 
 15. Contact telephone number:                             +44 (0) 
                                                             20 7992 
                                                             3452 
                                                            ([e-mail] 
                                                            , 
                                                            [e-mail] 
                                                            ,) 
--------------------------------------------------------  -------------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 22, 2017 09:20 ET (13:20 GMT)