Coats Group PLC Holding(s) in Company (2785S)

TIDMCOA

RNS Number : 2785S

Coats Group PLC

19 December 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or the underlying                               Coats Group 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                       No 
  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                      No 
  effect to qualifying financial instruments 
----------------------------------------------------------------------------  ----------------- 
 An event changing the breakdown of voting rights                                     No 
----------------------------------------------------------------------------  ----------------- 
 Other (please                                                                        No 
  specify): 
-----------------------------------------------------------------------  ---  ----------------- 
 3. Full name of person(s) subject                                         Invesco Limited 
  to the 
  notification obligation: (iii) 
------------------------------------------------------------------------  --------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
------------------------------------------------------------------------  --------------------- 
 5. Date of the transaction and date                                       16 December 2016 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
------------------------------------------------------------------------  --------------------- 
 6. Date on which issuer notified:                                         19 December 2016 
------------------------------------------------------------------------  --------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                                       10% 
------------------------------------------------------------------------  --------------------- 
 
 
 
 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 5p 
  Shares 
  GB00B4YZN328   151,655,595                 151,655,595                             138,493,196                 9.83% 
                --------------------------  ----------------  ---------  ---------  ------------  ------------  ----------- 
 
 
 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. 
------------------  ------------------------  ---------------------------  -------------------------  --------------------- 
 
 
 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) 
----------------  -----------  ---------------  -----------------------  -------------------------  ----------------------- 
                                                                                                     Nominal       Delta 
----------------  -----------  ---------------  -----------------------  -------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
--------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                         Percentage of voting rights 
--------------------------------------------------------------  ----------------------------------------------------------- 
 138,493,196                                                     9.83% 
--------------------------------------------------------------  ----------------------------------------------------------- 
 
 
 
 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 - 138,493,196 
 
 Proxy Voting: 
------------------------------------------------------------------------------ 
 10. Name of the proxy holder:                           Invesco (UK) Limited 
-----------------------------------------------------  ----------------------- 
 11. Number of voting rights proxy holder will                   N/A 
  cease 
  to hold: 
-----------------------------------------------------  ----------------------- 
 12. Date on which proxy holder will cease to                    N/A 
  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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December 19, 2016 10:54 ET (15:54 GMT)