Coats Group PLC Holding(s) in Company (2931I)

TIDMCOA

RNS Number : 2931I

Coats Group PLC

26 August 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                               Coats 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                          Yes 
-------------------------------------------------------------  ---------------- 
 An acquisition or disposal of qualifying financial                   No 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
-------------------------------------------------------------  ---------------- 
 An acquisition or disposal of instruments with                       No 
  similar economic effect to qualifying financial 
  instruments 
-------------------------------------------------------------  ---------------- 
 An event changing the breakdown of voting rights                     No 
-------------------------------------------------------------  ---------------- 
 Other (please                                                        No 
  specify): 
--------------------------------------------------------  ---  ---------------- 
 3. Full name of person(s)                                  Invesco Limited 
  subject to the 
  notification obligation: 
  (iii) 
---------------------------------------------------------  -------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
---------------------------------------------------------  -------------------- 
 5. Date of the transaction                                 25 August 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
---------------------------------------------------------  -------------------- 
 6. Date on which issuer                                    26 August 2016 
  notified: 
---------------------------------------------------------  -------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                        11% 
---------------------------------------------------------  -------------------- 
 
 
 
 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          voting                   rights (x) 
                  Shares                      Voting           shares      rights 
                                              Rights 
--------------  --------------------------  ----------------  ---------  -----------------------  ------------------------- 
                                                               Direct     Direct     Indirect      Direct        Indirect 
                                                                          (xi)        (xii) 
--------------      ---------  -----------      ------------  ---------  ---------  ------------  ------------  ----------- 
 
  Ordinary 
  5p Shares 
  GB00B4YZN328   155,049,843                 155,049,843                             154,249,843                 10.95% 
                --------------------------  ----------------  ---------  ---------  ------------  ------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
--------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
--------------------------------------------------------------------------------------------------------------------------- 
 Type of financial   Expiration                Exercise/                    Number of voting           % of voting 
  instrument          date                      Conversion                   rights that                rights 
                      (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 
--------------------------------------------------------------  ----------------------------------------------------------- 
 154,249,843                                                     10.95% 
--------------------------------------------------------------  ----------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
--------------------------------------------------------------- 
 
                 Invesco Asset Management Limited - 154,249,843 
 
 Proxy Voting: 
--------------------------------------------------------------- 
 10. Name of the proxy holder:            Invesco (UK) Limited 
---------------------------------------  ---------------------- 
 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:                             Sam Edwards 
---------------------------------------  ---------------------- 
 15. Contact telephone number:                01491 416 381 
---------------------------------------  ---------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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August 26, 2016 10:37 ET (14:37 GMT)