Shearwater Group PLC Holding(s) in Company (7907E)

TIDMSWG TIDMSDR

RNS Number : 7907E

Shearwater Group PLC

11 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                                                                    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                                             i. Type 1 disclosure as per the Transparency         ü 
  specify):                                                Directive II Regulation 
---------------------------------------------------  --------------------------------------------------------  ------- 
 3. Full name of person(s)                                           Schroders plc & Schroder Investment 
  subject to the                                                              Management Limited 
  notification obligation: 
  (iii) 
-----------------------------------------------------  --------------------------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------  --------------------------------------------------------------- 
 5. Date of the transaction                                                        20.01.17 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------  --------------------------------------------------------------- 
 6. Date on which issuer                                                           23.01.17 
  notified: 
-----------------------------------------------------  --------------------------------------------------------------- 
 7. Threshold(s) that is/are                                              Going below 14%, 13% & 12% 
  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) 
--------------      -------------    -------------    --------------  ---------  ------------  ----------  ----------- 
 
    Ordinary 
 
  GB00B00T3528      75,000,000         75,000,000       108,571,428      N/A      108,571,428      N/A       11.301% 
                -----------------  -----------------  --------------  ---------  ------------  ----------  ----------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of financial   Expiration       Exercise/                          Number of voting         % of voting 
  instrument          date             Conversion                         rights that              rights 
                      (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 
------------------------------------------------------------------  -------------------------------------------------- 
                            108,571,428                                                   11.301% 
------------------------------------------------------------------  -------------------------------------------------- 
 
 
 
 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 108,571,428 11.301% 
 
 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 
  13. Additional information:                                    section 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 960,738,394. 
--------------------------------------------------------------  ---------------------------------- 
 14. Contact name: 
                                                                           Shaheen Hussain 
--------------------------------------------------------------  ---------------------------------- 
 
 15. Contact telephone number:                                              020 7658 6000 

--------------------------------------------------------------  ---------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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May 11, 2017 02:01 ET (06:01 GMT)