Ambrian PLC Holding(s) in Company (1582P)

TIDMAMBR

RNS Number : 1582P

Ambrian PLC

03 June 2015

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)

 
 1. Identity of the issuer or the underlying                                   Ambrian PLC 
  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                                    Yes 
--------------------------------------------------------------------------------  -------- 
 Other (please 
  specify): 
------------------  ------------------------------------------------------------  -------- 
 3. Full name of person(s) subject                                    Kestrel Partners LLP 
  to the 
  notification obligation: (iii) 
                                            ---------------------------------------------- 
 4. Full name of shareholder(s)                  Kestrel Opportunities, a cell of Guernsey 
  (if different from 3.):(iv)                       Portfolios PCC Ltd (through BNY Mellon 
                                                       Nominees Limited) and various other 
                                                  clients of Kestrel Partners LLP (through 
                                                                         JIM Nominees Ltd) 
                                            ---------------------------------------------- 
 5. Date of the transaction and date                                          01 June 2015 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
                                            ---------------------------------------------- 
 6. Date on which issuer notified:                                            03 June 2015 
                                            ---------------------------------------------- 
 7. Threshold(s) that is/are crossed                                        Up through 11% 
  or 
  reached: (vi, vii) 
                                            ---------------------------------------------- 
 
 
 
 8. Notified details: 
 A: Voting rights attached to shares (viii, ix) 
 Class/type     Situation previous                     Resulting situation after the triggering 
 of              to the triggering                      transaction 
 shares          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 
 Shares 
 of 1p each 
 ISIN 
 GB0003763140   28,800,397          28,800,397         n/a        n/a          28,989,397   n/a            11.95% 
               ------------------  -----------------  ---------  -----------  -----------  -------------  -------------- 
 
 
 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. 
                       ----------------  ---------------------------  ----------------------------  -------------------- 
 n/a                    n/a               n/a                          n/a                           n/a 
                       ----------------  ---------------------------  ----------------------------  -------------------- 
 
 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) 
                 -----------  ---------------  ----------------  ----------------------------  ------------------------- 
 n/a              n/a          n/a              n/a               n/a                           Nominal       Delta 
                 -----------  ---------------  ----------------  ----------------------------  ------------  ----------- 
                                                                                                n/a           n/a 
                 ----  -----  ---  ----  ----  -----  ------     ---  ------  -----------      ------------  ----------- 
 
 Total (A+B+C) 
 Number of voting rights                                       Percentage of voting rights 
                                                              ---------------------------------------------------------- 
 28,989,397                                                    11.95% 
                                                              ---------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
                Indirect - BNY Mellon Nominees Limited - 26,976,807 Shares. 11.12% of 
                                                                        voting rights 
           Indirect - JIM Nominees Limited - 1,348,590 Shares. 0.83% of voting rights 
 
 Proxy Voting: 
 10. Name of the proxy holder: 
                                                       ------------------------------ 
 11. Number of voting rights proxy holder will 
  cease 
  to hold: 
                                                       ------------------------------ 
 12. Date on which proxy holder will cease to 
  hold 
  voting rights: 
                                                       ------------------------------ 
 
                                            Disclosure based on Total voting rights 
  13. Additional information:                of 242,569,698 
                                             The indirect voting rights held under 
                                             (9) relate to shares held in client 
                                             portfolios managed by Kestrel Partners 
                                             LLP under discretionary investment 
                                             management agreements 
 14. Contact name:                                                        Ian Forrest 
                                           ------------------------------------------ 
 15. Contact telephone number:                                          0203 371 6100 
                                           ------------------------------------------ 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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