Somero Enterprises Inc. Holding(s) in Company (2579B)

TIDMSOM

RNS Number : 2579B

Somero Enterprises Inc.

03 April 2017

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                             SOMERO ENTERPRISE INC 
  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 
  specify): 
-----------------------------------------------------    ----------------------- 
 3. Full name of person(s)                               HARGREAVE HALE LIMITED 
  subject to the 
  notification obligation: 
  (iii) 
------------------------------------------------------  ------------------------ 
 4. Full name of shareholder(s)                           DISCRETIONARY CLIENTS 
  (if different from 3.):(iv) 
------------------------------------------------------  ------------------------ 
 5. Date of the transaction                                   30 MARCH 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
------------------------------------------------------  ------------------------ 
 6. Date on which issuer                                      31 MARCH 2017 
  notified: 
------------------------------------------------------  ------------------------ 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                               13% 
------------------------------------------------------  ------------------------ 
 
 
 
 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       Indirect        Direct      Indirect      Direct   Indirect 
                                                                                (xi)        (xii) 
-------------      -----------      -----------  -----------  --------------  ----------  ------------  -------  ---------- 
 USU834501038   7,378,920        7,378,920                     7,103,920                   7,103,920              12.6310% 
               ---------------  ---------------  -----------  --------------  ----------  ------------  -------  ---------- 
 
 
 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 
--------------------------------------------------------------  ----------------------------------------------------------- 
 7,103,920                                                       12.6310% 
--------------------------------------------------------------  ----------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------------- 
 6,644,156 of these shares are held for unit trusts operated 
  by Marlborough Fund Managers Ltd, for whom Hargreave 
  Hale Ltd manages the investments on a discretionary 
  basis. The remaining balance is held for other discretionary 
  clients. 
 
 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:                                                David Clueit, 
                                                                  Hargreave Hale Ltd 
---------------------------------------------------------------  -------------------- 
 15. Contact telephone number:                                    01253 754739 
---------------------------------------------------------------  -------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLEAKDFDDAXEFF

(END) Dow Jones Newswires

April 03, 2017 02:01 ET (06:01 GMT)