Vertu Motors PLC Holding(s) in Company (7825E)

TIDMVTU TIDMAV.

RNS Number : 7825E

Vertu Motors PLC

20 July 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                       Vertu Motors plc 
  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 
--------------------------------------------------------------------  ---------------------------------- 
 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)                                      Aviva plc & its subsidiaries 
  subject to the 
  notification obligation: 
  (iii) 
-------------------------------------------------------------  ----------------------------------------- 
 4. Full name of shareholder(s)                                      Registered Holder: 
  (if different from 3.):(iv) 
                                                                     BNY Norwich Union 
                                                                     Nominees Limited 598,432* 
 
                                                                     Chase (GA Group) 
                                                                     Nominees Limited 9,641,740* 
 
                                                                     *denotes direct interest 
-------------------------------------------------------------  ----------------------------------------- 
 5. Date of the transaction                                     19 July 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-------------------------------------------------------------  ----------------------------------------- 
 6. Date on which issuer                                        20 July 2016 
  notified: 
-------------------------------------------------------------  ----------------------------------------- 
 7. Threshold(s) that is/are                                    3% to <3% Change at Direct 
  crossed or                                                     Interest Level (Box 8A) 
  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 voting             % of voting 
                  of             of            of shares    rights                       rights (x) 
                  Shares         Voting 
                                 Rights 
--------------  -------------  ------------  -----------  ---------------------------  ----------------------- 
                                              Direct       Direct       Indirect        Direct   Indirect 
                                                            (xi)         (xii) 
--------------  -------------  ------------  -----------  -----------  --------------  -------  -------------- 
 Ordinary 
  Shares 
 
                                                                             Not                      Not 
  GB00B1GK4645   14,371,284*    14,371,284*   10,240,172   10,240,172    Disclosable    2.58%     Disclosable 
                -------------  ------------  -----------  -----------  --------------  -------  -------------- 
 
 
   *INC. RIGHT TO RECALL LOANED SHARES (1,040,000) 
-------------------------------------------------------------------------------------------------------------- 
 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 financial   Exercise   Expiration   Exercise/     Number of voting     % of voting 
  instrument          price      date         Conversion    rights instrument    rights (xix, 
                                 (xvii)       period        refers to            xx) 
                                              (xviii) 
------------------  ---------  -----------  ------------  -------------------  ---------------- 
                                                                                Nominal   Delta 
------------------  ---------  -----------  ------------  -------------------  --------  ------ 
 
 
 
 Total (A+B+C) 
------------------------------------------------------ 
 Number of voting rights   Percentage of voting rights 
------------------------  ---------------------------- 
 10,240,172                2.58% 
------------------------  ---------------------------- 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------ 
                         The voting rights are managed and controlled by Aviva 
                         Investors Global Services Limited, with the following 
                                            chain of controlled undertakings:- 
 
                                      Aviva Investors Global Services Limited: 
                                               *    Aviva plc (Parent Company) 
 
 
                    *    Aviva Group Holdings Limited (wholly owned subsidiary 
                                                                 of Aviva plc) 
 
 
                           *    Aviva Investors Holdings Limited (wholly owned 
                                   subsidiary of Aviva Group Holdings Limited) 
 
 
                    *    Aviva Investors Global Services Limited (wholly owned 
                               subsidiary of Aviva Investors Holdings Limited) 
 
 Proxy Voting: 
------------------------------------------------------------------------------ 
 10. Name of the proxy holder:                  See Section 4 
---------------------------------------------  ------------------------------- 
 11. Number of voting rights proxy 
  holder will cease 
  to hold: 
---------------------------------------------  ------------------------------- 
 12. Date on which proxy holder will 
  cease to hold 
  voting rights: 
---------------------------------------------  ------------------------------- 
                                                Figures are based on a total 
  13. Additional information:                    number of voting rights of 
                                                 397,269,839 as per the Result 
                                                 of the General Meeting of 
                                                 31 March 2016. 
---------------------------------------------  ------------------------------- 
 14. Contact name:                                  James Clark, Aviva plc 
---------------------------------------------  ------------------------------- 
 15. Contact telephone number:                      01603 683853 
---------------------------------------------  ------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLMMGZNKGMGVZM

(END) Dow Jones Newswires

July 20, 2016 11:15 ET (15:15 GMT)