Shearwater Group PLC Holding(s) in Company (6500E)

TIDMSWG

RNS Number : 6500E

Shearwater Group PLC

09 May 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 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)                                           TIGER BRAVE INVESTMENTS LIMITED 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  --------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  --------------------------------------- 
 5. Date of the transaction                                                               9 MAY 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  --------------------------------------- 
 6. Date on which issuer                                                                  9 MAY 2017 
  notified: 
-----------------------------------------------------------  --------------------------------------- 
 7. Threshold(s) that is/are                                                                UNDER 3% 
  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) 
--------------  -----------  -----------  -----------  -----------  -----------  --------  --------- 
 
                                                                                  UNDER 
 GB00B00T3528    23,700,000   23,700,000   25,128,571   25,128,571                 3% 
--------------  -----------  -----------  -----------  -----------  -----------  --------  --------- 
 
 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) 
--------------  -----------  -----------  -----------  ------------------------  ------------------- 
                                                                                  Nominal   Delta 
--------------  -----------  -----------  -----------  ------------------------  --------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------- 
 Number of voting rights                   Percentage of voting rights 
----------------------------------------  ---------------------------------------------------------- 
 25,128,571                                UNDER 3% 
----------------------------------------  ---------------------------------------------------------- 
 
 
 
 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: 
-------------------------------------------------------------  ------------------------ 
 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:                                              CHARLES BROOK-PARTRIDGE 
-------------------------------------------------------------  ------------------------ 
 15. Contact telephone number:                                        + 44 20 7399 9402 
-------------------------------------------------------------  ------------------------ 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLUKOVRBVAVRAR

(END) Dow Jones Newswires

May 09, 2017 11:40 ET (15:40 GMT)