Ambrian PLC Holding(s) in Company (5931Q)

TIDMAMBR

RNS Number : 5931Q

Ambrian PLC

18 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 
------------------------------------------------------------------------------------  -------- 
 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                                              12 June 2015 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
--------------------------------------------  ------------------------------------------------ 
 6. Date on which issuer notified:                                                16 June 2015 
--------------------------------------------  ------------------------------------------------ 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                                                       12% 
--------------------------------------------  ------------------------------------------------ 
 
 
 
 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   29,079,397          29,079,397         n/a        n/a          29,260,397   n/a            12.04% 
               ------------------  -----------------  ---------  -----------  -----------  -------------  -------------- 
 
 
 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 
------------------------------------------------------------  ---------------------------------------------------------- 
 29,260,397                                                    12.04% 
------------------------------------------------------------  ---------------------------------------------------------- 
 
 
 
 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. 11.10% of 
                                                                        voting rights 
           Indirect - JIM Nominees Limited - 2,283,590 Shares. 0.94% 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 243,069,698 
                                             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 
-----------------------------------------  ------------------------------------------ 
 
 

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