Swallowfield PLC Holding(s) in Company (5211O)

TIDMSWL

RNS Number : 5211O

Swallowfield PLC

07 November 2016

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
---------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                                           Swallowfield 
  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                                      Yes 
----------------------------------------------------------------  ---------------------------------- 
 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)                                         Ruffer LLP (for its discretionary 
  subject to the                                                        clients of the Ruffer Group) 
  notification obligation: 
  (iii) 
---------------------------------------------------------  ----------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
---------------------------------------------------------  ----------------------------------------- 
 5. Date of the transaction                                                         04 November 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
---------------------------------------------------------  ----------------------------------------- 
 6. Date on which issuer                                                            07 November 2016 
  notified: 
---------------------------------------------------------  ----------------------------------------- 
 7. Threshold(s) that is/are                                                      5% to less than 5% 
  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) 
---------------  -----------  -----------  ------------  --------  ------------  --------  --------- 
                                                                    -             Less      - 
                                                                                   than 
   GB0008667304                                                                    5% 
                                                                   ------------  --------  --------- 
                  890,000      890,000      790,000       790,000 
---------------  -----------  -----------  ------------  --------  ------------  --------  --------- 
 
 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 
-----------------------------------------  --------------------------------------------------------- 
 790,000                                    Less than 5% 
-----------------------------------------  --------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
---------------------------------------------------------------------------------------------- 
 
   N/A 
 
 Proxy Voting: 
---------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                                             N/A 
-------------------------------------------------------  ------------------------------------- 
 11. Number of voting rights proxy 
  holder will cease 
  to hold: 
-------------------------------------------------------  ------------------------------------- 
 12. Date on which proxy holder will 
  cease to hold 
  voting rights: 
-------------------------------------------------------  ------------------------------------- 
 
                                                          Ruffer LLP now controls the 
  13. Additional information:                              voting rights over 790,000 
                                                           shares (less than 5% of the 
                                                           voting rights) of Swallowfield 
                                                           which are held by the discretionary 
                                                           clients of Ruffer LLP and 
                                                           its subsidiaries (the voting 
                                                           of which is all controlled 
                                                           by Ruffer LLP). 
                                                           This change from 5% to less 
                                                           than 5% is due to the sale 
                                                           of 100,000 shares on 04 November 
                                                           2016. 
-------------------------------------------------------  ------------------------------------- 
 14. Contact name:                                                              Louise Stanway 
-------------------------------------------------------  ------------------------------------- 
 15. Contact telephone number:                                                   020 7963 8146 
-------------------------------------------------------  ------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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November 07, 2016 09:25 ET (14:25 GMT)