Driver Group plc Holding(s) in Company (5634E)

TIDMDRV

RNS Number : 5634E

Driver Group plc

06 November 2020

TR-1: S tandard form for notification of major holdings

 
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and 
 to the FCA in Microsoft Word format if possible) (i) 
 
1a. Identity of the issuer or the                           Driver Group PLC 
 underlying issuer of existing shares 
 to which voting rights are attached 
 (ii) : 
1b. Please indicate if the issuer is a non-UK issuer (please mark with 
 an "X" if appropriate) 
Non-UK issuer 
2. Reason for the notification (please mark the appropriate box or boxes 
 with an "X") 
An acquisition or disposal of voting rights                                                      X 
An acquisition or disposal of financial instruments 
An event changing the breakdown of voting rights 
Other (please specify)(iii) : 
3. Details of person subject to the notification obligation (iv) 
Name                                                        AB Traction 
City and country of registered office                       Stockholm, Sweden 
 (if applicable) 
4. Full name of shareholder(s) (if different from 3.) (v) 
Name 
City and country of registered office 
 (if applicable) 
5. Date on which the threshold was                          05/11/2020 
 crossed or reached (vi) : 
6. Date on which issuer notified (DD/MM/YYYY):              06/11/2020 
7. Total positions of person(s) subject to the notification obligation 
                                  % of voting               % of voting rights  Total of both    Total number 
                                   rights attached          through financial    in % (8.A +      of voting rights 
                                   to shares (total         instruments          8.B)             of issuer (vii) 
                                   of 8. A)                 (total of 8.B 
                                                            1 + 8.B 2) 
Resulting situation 
 on the date 
 on which threshold 
 was crossed 
 or reached                       17.32%                                        17.32%           52,175,057 
Position of 
 previous notification 
 (if 
 applicable)                      15.60%                                        15.60% 
 
 
 
8. Notified details of the resulting situation on the date on which 
 the threshold was crossed or reached (viii) 
A: Voting rights attached to shares 
Class/type of       Number of voting rights                    % of voting rights 
 shares              (ix) 
 ISIN code (if 
 possible) 
                    Direct               Indirect              Direct                            Indirect 
                    (Art 9 of Directive  (Art 10 of Directive   (Art 9 of Directive              (Art 10 of Directive 
                    2004/109/EC)         2004/109/EC)           2004/109/EC) (DTR5.1)            2004/109/EC) 
                    (DTR5.1)             (DTR5.2.1)                                              (DTR5.2.1) 
Ordinary shares 
 of 0.4 pence 
 each / 
 GB00B0L9C092       9,037,500                                  17.32% 
 
 
SUBTOTAL 8. A       9,037,500                                  17.32% 
 
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC 
 (DTR5.3.1.1 (a)) 
Type of financial   Expiration           Exercise/             Number of voting                  % of voting 
 instrument          date (x)             Conversion Period     rights that may                   rights 
                                          (xi)                  be acquired if 
                                                                the instrument 
                                                                is 
                                                                exercised/converted. 
 
 
 
                                         SUBTOTAL 8. B 1 
 
B 2: Financial Instruments with similar economic effect according to 
 Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) 
Type of financial  Expiration            Exercise/             Physical or     Number of         % of voting 
 instrument         date (x)             Conversion             cash            voting rights     rights 
                                         Period (xi)            settlement 
                                                                (xii) 
 
 
 
                                                               SUBTOTAL 8.B.2 
 
 
 
 
9. Information in relation to the person subject to the notification 
 obligation (please mark the 
 applicable box with an "X") 
Person subject to the notification obligation is not controlled 
 by any natural person or legal entity and does not control any other 
 undertaking(s) holding directly or indirectly an interest in the 
 (underlying) issuer (xiii) 
Full chain of controlled undertakings through which the voting rights                X 
 and/or the 
 financial instruments are effectively held starting with the ultimate 
 controlling natural person or legal entity (xiv) (please add additional 
 rows as necessary) 
Name (xv)                      % of voting rights          % of voting rights        Total of both if 
                                if it equals or             through financial         it equals or is 
                                is higher than the          instruments if it         higher than the 
                                notifiable threshold        equals or is higher       notifiable threshold 
                                                            than the notifiable 
                                                            threshold 
Petter Stillstr 
 ö m (direct 
 and indirect)                 54.66% 
Bengt Stillstr ö 
 n (incl. wife)                27.18% 
 
 
 
 
10. In case of proxy voting, please identify: 
Name of the proxy holder 
The number and % of voting rights 
 held 
The date until which the voting rights 
 will be held 
 
11. Additional information (xvi) 
AB Traction is listed on the NASDAQ OMX Nordic Stockholm Mid Cap list: 
 Ticker TRAC-B. Major Sharesholders in AB Traction, Votes including repurchased 
 shares: 
 Petter Stillström (direct and indirect) 54.66% 
 Bengt Stillström incl. wife 27.18% 
 
 
 
Place of completion  Stockholm, Sweden 
Date of completion   6 November 2020 
 

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November 06, 2020 13:41 ET (18:41 GMT)