Stobart Group Limited TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (7155P)

TIDMSTOB

RNS Number : 7155P

Stobart Group Limited

21 November 2016

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------------------------------ 
 
 1. Identity of the issuer or                                         Stobart Group Limited 
  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                                                       No 
------------------------------------------------------------------------------------------------  ---- 
 An acquisition or disposal of qualifying financial                                                No 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
------------------------------------------------------------------------------------------------  ---- 
 An acquisition or disposal of instruments with                                                    No 
  similar economic effect to qualifying financial 
  instruments 
------------------------------------------------------------------------------------------------  ---- 
 An event changing the breakdown of voting rights                                                  No 
------------------------------------------------------------------------------------------------  ---- 
 Other (please                                             Share Placing & Proposed Acquisition    Yes 
  specify): 
--------------------------------------------------------  --------------------------------------  ---- 
 3. Full name of person(s)                                               Invesco Limited 
  subject to the 
  notification obligation: 
  (iii) 
---------------------------------------------------------  ------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
---------------------------------------------------------  ------------------------------------------- 
 5. Date of the transaction                                              18 November 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
---------------------------------------------------------  ------------------------------------------- 
 6. Date on which issuer                                                 21 November 2016 
  notified: 
---------------------------------------------------------  ------------------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                           27% 
---------------------------------------------------------  ------------------------------------------- 
 
 
 
 8. Notified details: 
----------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
----------------------------------------------------------------------------------------------------------------------- 
 Class/type        Situation previous                            Resulting situation after 
  of                to the triggering                             the triggering transaction 
  shares            transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
----------------  --------------------------------------------  ------------------------------------------------------- 
                   Number           Number                       Number    Number of             % of voting 
                    of               of                           of        voting                rights (x) 
                    Shares           Voting                       shares    rights 
                                     Rights 
--------------    ---------------  ---------------------------  --------  --------------------  ----------------------- 
                                                                 Direct    Direct   Indirect     Direct      Indirect 
                                                                            (xi)     (xii) 
--------------      -----------      -----------  ------------  --------  -------  -----------  ----------  ----------- 
 
   Ordinary 
   10p 
   GB00B03HDJ73    97,153,248       97,153,248                                      97,153,248               27.41% 
                  ---------------  ---------------------------  --------  -------  -----------  ----------  ----------- 
 
 
 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 
--------------------------------------------------------------  ------------------------------------------------------- 
 97,153,248                                                      27.41% 
--------------------------------------------------------------  ------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
--------------------------------------------------------------- 
 
   Invesco Asset Management Limited - 97,153,248 
 
 Proxy Voting: 
--------------------------------------------------------------- 
 10. Name of the proxy holder:                 Invesco Limited 
-------------------------------------------  ------------------ 
 11. Number of voting rights proxy                   N/A 
  holder will cease 
  to hold: 
-------------------------------------------  ------------------ 
 12. Date on which proxy holder will                 N/A 
  cease to hold 
  voting rights: 
-------------------------------------------  ------------------ 
 
 
  13. Additional information: 
-------------------------------------------  ------------------ 
 14. Contact name:                            Philippa Holmes 
-------------------------------------------  ------------------ 
 15. Contact telephone number:                01491 417 447 
-------------------------------------------  ------------------ 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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November 21, 2016 06:27 ET (11:27 GMT)