Severfield PLC Holding(s) in Company (6585U)
19 January 2017 - 4:26PM
UK Regulatory
TIDMSFR
RNS Number : 6585U
Severfield PLC
19 January 2017
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
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1. Identity of the issuer or Severfield Plc
the underlying issuer
of existing shares to which
voting rights are
attached: (ii)
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2 Reason for the notification (please tick the appropriate
box or boxes):
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An acquisition or disposal of voting rights X
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An acquisition or disposal of qualifying financial
instruments which may result in the acquisition
of shares already issued to which voting rights
are attached
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An acquisition or disposal of instruments with
similar economic effect to qualifying financial
instruments
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An event changing the breakdown of voting rights
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Other (please specify):
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3. Full name of person(s) M&G Investment Funds (3)
subject to the
notification obligation:
(iii)
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4. Full name of shareholder(s) State Street Nominees Ltd
(if different from 3.):(iv) A/C GMIQ
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5. Date of the transaction 18 January 2017
and date on
which the threshold is
crossed or
reached: (v)
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6. Date on which issuer 19 January 2017
notified:
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7. Threshold(s) that is/are 13% - 12%
crossed or See item 13
reached: (vi, vii)
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For filings with the FCA
include the annex
For filings with issuer exclude
the annex
8. Notified details:
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A: Voting rights attached to shares (viii, ix)
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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)
------------- ------------ ------------- -------------- --------- ------------ ------------ -----------
ORD GBP0.025
GB00B27YGJ97 38,894,051 38,894,051 38,843,226 0 38,843,226 0 12.99%
------------- ---------------- ----------------- -------------- --------- ------------ ------------ -----------
B: Qualifying Financial Instruments
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Resulting situation after the triggering transaction
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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)
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Resulting situation after the triggering transaction
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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)
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Number of voting rights Percentage of voting rights
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38,843,226 12.99%
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9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
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Proxy Voting:
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10. Name of the proxy holder: N/A
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11. Number of voting rights proxy N/A
holder will cease
to hold:
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12. Date on which proxy holder will N/A
cease to hold
voting rights:
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With reference to item 3,
13. Additional information: M&G Investment Funds (3)
is an Open Ended Investment
Company (OEIC) and is not
a Prudential group company
and must be separately disclosed.
This OEIC Fund is managed
by M&G Investment Management
Limited (a wholly owned subsidiary
of Prudential plc) and will
have been previously attributed
to Prudential plc solely
on the basis that M&G Investment
Management Ltd has direct
fund management control over
the shares identified in
this notification.
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14. Contact name: John Baker / Owen Smith /
James Todd
M&G Investment Management
Limited
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020 7548 2561 / 020 7004
15. Contact telephone number: 4517 / 020 7548 2293
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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January 19, 2017 11:26 ET (16:26 GMT)