Somero Enterprises Inc. Holding(s) in Company (3986P)

TIDMSOM

RNS Number : 3986P

Somero Enterprises Inc.

17 November 2016

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi 
 
 1. Identity of the issuer or 
  the underlying issuer of existing                                                      SOMERO ENTERPRISES INC 
  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                                             YES 
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 An acquisition or disposal of qualifying financial                                      N/A 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
----------------------------------------------------  -------------------------------------------------------------------- 
 An acquisition or disposal of instruments with                                          N/A 
  similar economic effect to qualifying financial 
  instruments 
----------------------------------------------------  -------------------------------------------------------------------- 
 An event changing the breakdown of voting rights                                        N/A 
----------------------------------------------------  -------------------------------------------------------------------- 
 Other (please specify):                                                                 N/A 
----------------------------------------------------  -------------------------------------------------------------------- 
 
   3. Full name of person(s) 
   subject to the notification                                 RIVER AND MERCANTILE ASSET 
   obligation: iii                                             MANAGEMENT LLP 
----------------------------------------------------  -------------------------------------------------------------------- 
 
    4. Full name of shareholder(s) 
    (if different from 3.):iv 
----------------------------------------------------  -------------------------------------------------------------------- 
 5. Date of the transaction 
  and date on which the threshold                                                                                 15 
  is crossed or reached: v                                                                                        NOVEMBER 
                                                                                                                  2016 
----------------------------------------------------  -------------------------------------------------------------------- 
 6. Date on which issuer notified:                                                                               16 
                                                                                                                 NOVEMBER 
                                                                                                                 2016 
----------------------------------------------------  -------------------------------------------------------------------- 
 7. Threshold(s) that is/are 
  crossed or reached: vi, vii                                                                                           5% 
----------------------------------------------------  -------------------------------------------------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares viii, ix 
------------------------------------------------------------------------------------------------------------------------ 
 Class/type      Situation previous                 Resulting situation after the 
  of shares       to the triggering                  triggering transaction 
                  transaction 
  if possible 
  using the 
  ISIN CODE 
--------------  ---------------------------------  --------------------------------------------------------------------- 
                 Number           Number            Number         Number of voting            % of voting 
                 of Shares         of Voting         of shares      rights                      rights x 
                                   Rights 
--------------  ---------------  ----------------  -------------  --------------------------  -------------------------- 
                                                    Direct         Direct         Indirect     Direct         Indirect 
                                                                    xi             xii 
--------------      -----------    ------------    -------------  -------------  -----------  -------------  ----------- 
 
                                   2,827,132 
  USU834501038    2,827,132         (5.0302%)        2,806,648      2,806,648                   4.9937% 
--------------  ---------------  ----------------  -------------  -------------  -----------  -------------  ----------- 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------ 
 Type of financial   Expiration     Exercise/ Conversion             Number of voting              % of voting 
  instrument          date xiii      Period xiv                       rights that                   rights 
                                                                      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 xvii       Conversion        rights instrument             rights xix, 
 instrument                                       period            refers to                     xx 
                                                  xviii 
----------------  -------------  --------------  ---------------  ----------------------------  ------------------------ 
                                                                                                 Nominal        Delta 
----------------  -------------  --------------  ---------------  ----------------------------  -------------  --------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                              Percentage of voting rights 
---------------------------------------------------  ------------------------------------------------------------------- 
 2,806,648                                            4.9937% 
---------------------------------------------------  ------------------------------------------------------------------- 
 
 
 
 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:                        RIVER AND MERCANTILE 
                                                       ASSET MANAGEMENT LLP 
--------------------------------------  ------------------------------------------------------ 
 11. Number of voting rights proxy 
  holder will cease to hold:                                                            20,484 
--------------------------------------  ------------------------------------------------------ 
 12. Date on which proxy holder will 
  cease to hold voting rights:                                                15 NOVEMBER 2016 
--------------------------------------  ------------------------------------------------------ 
 
 
   13. Additional information: 
--------------------------------------  ------------------------------------------------------ 
 14. Contact name:                                                      COMPLIANCE DEPARTMENT 
-------------------------------------  ------------------------------------------------------- 
 15. Contact telephone number:                                                     02076016262 
-------------------------------------  ------------------------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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November 17, 2016 02:01 ET (07:01 GMT)