Beazley PLC TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (8591W)

TIDMBEZ

RNS Number : 8591W

Beazley PLC

17 November 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                             Beazley 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 
  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)                                      The equity funds; SKAGEN Global, 
  subject to the                                                   SKAGEN Global II and SKAGEN 
  notification obligation:                                                 Global III 
  (iii) 
-----------------------------------------------------------  ------------------------------------- 
 4. Full name of shareholder(s)                                               N/A 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ------------------------------------- 
 5. Date of the transaction                                             17 November 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ------------------------------------- 
 6. Date on which issuer                                                17 November 2017 
  notified: 
-----------------------------------------------------------  ------------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                           3% 
-----------------------------------------------------------  ------------------------------------- 
 
 
 
 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) 
-------------      -----------    ------------    --------------  -----------  ------------  ------------  ----------- 
 
 GB00BYQ0JC66   15668616         15668616          15818616        15818616                   3.01% 
-------------  ---------------  ----------------  --------------  -----------  ------------  ------------  ----------- 
 
 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          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 
--------------------------------------------------  ------------------------------------------------------------------ 
 15818616                                            3.01% 
--------------------------------------------------  ------------------------------------------------------------------ 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
--------------------------------------------------------------------------- 
 Voting rights are held by the equity funds SKAGEN Global, 
  SKAGEN Global II and SKAGEN Global Ill, excersise of 
  voting rights may be carried out by the fund's approved 
  depository bank, Handelsbanken on behalf of the funds. 
 
 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: 
-------------------------------------------------------  ------------------ 
 14. Contact name:                                        Svein Tore Hansen 
-------------------------------------------------------  ------------------ 
 15. Contact telephone number:                            00 47 51 80 38 35 
-------------------------------------------------------  ------------------ 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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November 17, 2017 08:01 ET (13:01 GMT)