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FLO Flowtech Fluidpower Plc

112.00
0.00 (0.00%)
Last Updated: 08:04:44
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Flowtech Fluidpower Plc LSE:FLO London Ordinary Share GB00BM4NR742 ORD 50P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 112.00 108.50 113.00 4,968 08:04:44
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Fluid Powr Cylindrs,actuatrs 114.77M -6.25M -0.1017 -11.01 68.87M

Flowtech Fluidpower PLC Holding(s) in Company- updated (8592Y)

24/08/2018 1:57pm

UK Regulatory


TIDMFLO

RNS Number : 8592Y

Flowtech Fluidpower PLC

24 August 2018

TR-1: Standard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS 
 
 1a. Identity of the issuer or the                                    FLOWTECH FLUIDPOWER ORD 50P 
  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                                                         Close Asset Management Limited 
 City and country of registered office                        London, UK 
  (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                           22/08/2018 
  crossed or reached(vi) : 
                                                             -------------------------------------------- 
 6. Date on which issuer notified (DD/MM/YYYY):               23/08/2018 
                                                             -------------------------------------------- 
 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                     9.99%                                    9.99%           60,876,606 
                          ------------------  ---------------------  --------------  -------------------- 
 Position of 
  previous notification 
  (if 
  applicable)                   10.56%                                   10.56% 
                          ------------------  ---------------------  --------------  -------------------- 
 
 
 
 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(ix)                              % of voting rights 
  shares 
  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) 
                                             ----------------------------- 
 GB00BM4NR742              6,083,969                                                  9.99% 
                   ------------------------  -----------------------------  -------------------------  --------------------- 
 
 
 SUBTOTAL 8. A                            6,083,969                                                         9.99% 
                   -------------------------------------------------------  ------------------------------------------------ 
 
 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC 
  (DTR5.3.1.1 (a)) 
 Type of            Expiration   Exercise/                            Number of voting                  % of voting 
  financial          date(x)      Conversion Period(xi)                rights that may                   rights 
  instrument                                                           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       Expiration        Exercise/               Physical or              Number of             % of voting 
  financial     date(x)           Conversion              cash                     voting rights         rights 
  instrument                      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 higher 
                           is higher than the      instruments if it       than the notifiable 
                          notifiable threshold    equals or is higher           threshold 
                                                  than the notifiable 
                                                       threshold 
                        ----------------------  ---------------------  -------------------------- 
 Close Brothers Asset 
  Management                     9.99%                                            9.99% 
                        ----------------------  ---------------------  -------------------------- 
 
 
 
 
 
 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 
 Please note this is a reissue of our disclosure from the 23(rd) August 
  2018, to clarify this was a sale of shares. Section 7 has been updated 
  to reflect this. 
 
  On 22(nd) August 2018, we sold 6,712 shares at a price of GBP1.63. This 
  reduced our shareholding from 10% to 9.99%. 
 
  This is the required notification that the holding has crossed 10% of 
  the shares in issue. 
 
 
 
 Place of completion   Close Brothers Asset Management, London 
 Date of completion    23/08/2018 
                      ---------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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August 24, 2018 08:57 ET (12:57 GMT)

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