Stobart Group Limited TR-1: Notification of Major Interest in Shares (6018G)

TIDMSTOB

RNS Number : 6018G

Stobart Group Limited

30 May 2017

 
 
 TR-1: Notification of Major Interest in Shares 
------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                                 Stobart Group Ltd. 
  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                                          Yes 
----------------------------------------------------------------------------  ------------------- 
 An acquisition or disposal of qualifying financial instruments                        No 
  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                       No 
  effect to qualifying financial instruments 
----------------------------------------------------------------------------  ------------------- 
 An event changing the breakdown of voting rights                                      No 
----------------------------------------------------------------------------  ------------------- 
 Other (please                                                                         No 
  specify): 
-----------------------------------------------------------------------  ---  ------------------- 
 3. Full name of person(s) subject                                              Invesco Ltd. 
  to the 
  notification obligation: (iii) 
------------------------------------------------------------------------  ----------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
------------------------------------------------------------------------  ----------------------- 
 5. Date of the transaction and date                                            26 May 2017 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
------------------------------------------------------------------------  ----------------------- 
 6. Date on which issuer notified:                                              30 May 2017 
------------------------------------------------------------------------  ----------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                                                26% 
------------------------------------------------------------------------  ----------------------- 
 
 
 
 8. Notified details: 
----------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
----------------------------------------------------------------------------------------------------------------------------- 
 Class/type of     Situation previous                            Resulting situation after the triggering 
  shares            to the triggering                             transaction 
                    transaction 
  if possible 
  using 
  the ISIN CODE 
----------------  --------------------------------------------  ------------------------------------------------------------- 
                   Number           Number                       Number     Number of voting         % of voting rights 
                    of               of                           of         rights                   (x) 
                    Shares           Voting                       shares 
                                     Rights 
--------------    ---------------  ---------------------------  ---------  -----------------------  ------------------------- 
                                                                 Direct     Direct      Indirect     Direct        Indirect 
                                                                             (xi)        (xii) 
--------------      -----------      -----------  ------------  ---------  ----------  -----------  ------------  ----------- 
 
   Ordinary 10p 
   GB00B03HDJ73    96,969,748       96,969,748                                          94,037,248                 26.76% 
                  ---------------  ---------------------------  ---------  ----------  -----------  ------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
----------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------------------- 
 Type of financial   Expiration       Exercise/                             Number of voting           % of voting 
  instrument          date (xiii)      Conversion Period                     rights that may            rights 
                                       (xiv)                                 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 rights 
 financial       price            date (xvii)       Conversion    rights instrument                   (xix, xx) 
 instrument                                         period        refers to 
                                                    (xviii) 
--------------  ---------------  ---------------  ------------  ----------------------------------  ------------------------- 
                                                                                                     Nominal         Delta 
--------------  ---------------  ---------------  ------------  ----------------------------------  --------------  --------- 
 
 
 Total (A+B+C) 
----------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                         Percentage of voting rights 
--------------------------------------------------------------  ------------------------------------------------------------- 
 94,037,248                                                      26.76% 
--------------------------------------------------------------  ------------------------------------------------------------- 
 
 
 
 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 - 94,037,248 
 
 Proxy Voting: 
------------------------------------------------------------------------------ 
 10. Name of the proxy holder:                             Invesco (UK) Ltd. 
-------------------------------------------------------  --------------------- 
 11. Number of voting rights proxy holder will                    N/A 
  cease 
  to hold: 
-------------------------------------------------------  --------------------- 
 12. Date on which proxy holder will cease to                     N/A 
  hold 
  voting rights: 
-------------------------------------------------------  --------------------- 
 
 
  13. Additional information: 
-------------------------------------------------------  --------------------- 
 14. Contact name:                                        Philippa Holmes 
-------------------------------------------------------  --------------------- 
 15. Contact telephone number:                            01491 417 000 
-------------------------------------------------------  --------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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May 30, 2017 10:34 ET (14:34 GMT)