Watchstone Group PLC Holding(s) in Company (6725A)

TIDMWTG

RNS Number : 6725A

Watchstone Group PLC

28 March 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                                 Watchstone Group 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                                       X 
------------------------------------------------------------------  ------------------------------ 
 An acquisition or disposal of qualifying financial                                X 
  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)                                                    JPMorgan Chase & Co. 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ------------------------------------- 
 4. Full name of shareholder(s)                                         J.P. Morgan Securities Plc 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ------------------------------------- 
 5. Date of the transaction                                                          24 March 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ------------------------------------- 
 6. Date on which issuer                                                             27 March 2017 
  notified: 
-----------------------------------------------------------  ------------------------------------- 
 7. Threshold(s) that is/are                                         6% Downwards on voting rights 
  crossed or                                                                    attached to shares 
  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) 
-------------      ------------    ------------    --------------  ---------  -------------  ------------  ----------- 
 GB00BYNBFN51   2,777,918         2,777,918                                    2,657,076                    5.77% 
               ----------------  ----------------  --------------  ---------  -------------  ------------  ----------- 
 
 
 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. 
-----------------  --------------  --------------------------------  --------------------------  --------------------- 
 Right to Recall                                                      150,473                     0.33% 
-----------------  --------------  --------------------------------  --------------------------  --------------------- 
 
 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 
---------------------------------------------------  ----------------------------------------------------------------- 
 2,807,076                                            6.10% 
---------------------------------------------------  ----------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------- 
 Total disclosable holding for JPMorgan Chase & Co. : 
  2,807,076 (6.10%) 
  Direct: J.P. Morgan Securities Plc: 2,657,076 (5.77%) 
  Shares; 150,473 (0.33%) Qualifying Financial Instruments 
 
  Chain of control: 
  JPMorgan Chase & Co. 
  JPMorgan Chase Bank, National Association (100%) 
  J.P. Morgan International Inc. (100%) 
  Bank One International Holdings Corporation (100%) 
  J.P. Morgan International Finance Limited (100%) 
  J.P. Morgan Capital Holdings Limited (72.73%) 
  J.P. Morgan Chase (UK) Holdings Limited (99.99%) 
  J.P. Morgan Chase International Holdings (100%) 
  J.P. Morgan Securities plc (99.41%) 
 
 Proxy Voting: 
------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                              N/A 
-------------------------------------------------------  ---------------------- 
 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:                                               N/A 
-------------------------------------------------------  ---------------------- 
 14. Contact name:                                        Evangelos Galiatsatos 
-------------------------------------------------------  ---------------------- 
 15. Contact telephone number:                                    0207 742 6148 
-------------------------------------------------------  ---------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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March 28, 2017 02:02 ET (06:02 GMT)