Connect Group PLC Holding(s) in Company (0896I)

TIDMCNCT

RNS Number : 0896I

Connect Group PLC

14 June 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                                CONNECT GROUP PLC 
  issuer 
  of existing shares to which voting rights 
  are 
  attached: (ii) 
---------------------------------------------------------------------  --------------------------- 
 Legal Entity Identifier                                                      21380040330NV00QXB02 
---------------------------------------------------------------------  --------------------------- 
 2 Reason for the notification (please tick the appropriate box or boxes): 
-------------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                        ü 
-------------------------------------------------------------------------  ----------------------- 
 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                                        HARGREAVE HALE LIMITED 
  to the 
  notification obligation: (iii) 
---------------------------------------------------------------------  --------------------------- 
 4. Full name of shareholder(s)                                           DISCRETIONARY CLIENTS 
  (if different from 3.):(iv) 
---------------------------------------------------------------------  --------------------------- 
 5. Date of the transaction and date                                           12 JUNE 2017 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
---------------------------------------------------------------------  --------------------------- 
 6. Date on which issuer notified:                                             14 JUNE 2017 
---------------------------------------------------------------------  --------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                                                5% 
---------------------------------------------------------------------  --------------------------- 
 
 
 
 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 
                 of               of                of shares                    rights                   rights (x) 
                 Shares           Voting 
                                  Rights 
-------------  ---------------  ----------------  ---------------------------  -----------------------  -------------------- 
                                                   Direct       Indirect        Direct     Indirect      Direct     Indirect 
                                                                                 (xi)       (xii) 
-------------      -----------      ------------  -----------  --------------  ---------  ------------  ---------  --------- 
 GB00B17WCR61   14,103,735       14,103,735                     9,403,735                  9,403,735                3.7970% 
               ---------------  ----------------  -----------  --------------  ---------  ------------  ---------  --------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration       Exercise/                      Number of voting                     % of voting 
 financial           date (xiii)      Conversion Period              rights that may                      rights 
 instrument                           (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 
---------------------------------------------------------------  ----------------------------------------------------------- 
 9,403,735                                                        3.7970% 
---------------------------------------------------------------  ----------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
--------------------------------------------------------------------------------------------- 
 9,300,000 of these shares are held for unit trusts operated by Marlborough 
  Fund Managers Ltd, for whom Hargreave Hale Ltd manages the investments 
  on a discretionary basis. The remaining shares are held on behalf of 
  other discretionary clients. 
 
 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: 
----------------------------------------------------------------------------  --------------- 
 
 
  13. Additional information: 
----------------------------------------------------------------------------  --------------- 
 14. Contact name:                                                             Alison Painter 
----------------------------------------------------------------------------  --------------- 
 15. Contact telephone number:                                                 01793 563 536 
----------------------------------------------------------------------------  --------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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June 14, 2017 07:55 ET (11:55 GMT)