Fulcrum Utility Services Ltd TR-1: Notification of Major Interest in Shares (0879I)

TIDMFCRM

RNS Number : 0879I

Fulcrum Utility Services Ltd

14 June 2017

 
 For filings with the FCA 
  include the annex 
 For filings with issuer exclude 
  the annex 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
---------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                            FULCRUM UTILITY SERVICES 
  the underlying issuer                                           LIMITED 
  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 
-------------------------------------------------------  ------------------------- 
 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                  ü 
-------------------------------------------------------  ------------------------- 
 Other (please 
  specify): 
-----------------------------------------------------    ------------------------- 
 3. Full name of person(s)                                HARGREAVE HALE LIMITED 
  subject to the 
  notification obligation: 
  (iii) 
------------------------------------------------------  -------------------------- 
 4. Full name of shareholder(s)                            DISCRETIONARY CLIENTS 
  (if different from 3.):(iv) 
------------------------------------------------------  -------------------------- 
 5. Date of the transaction                                    12 JUNE 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
------------------------------------------------------  -------------------------- 
 6. Date on which issuer                                       14 JUNE 2017 
  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 shares                   voting                     rights (x) 
                  Shares           Voting                                       rights 
                                   Rights 
--------------  ---------------  ---------------  --------------------------  -------------------------  ------------------ 
                                                   Direct       Indirect       Direct      Indirect       Direct   Indirect 
                                                                                (xi)        (xii) 
--------------      -----------      -----------  -----------  -------------  ----------  -------------  -------  --------- 
 
 
  KYG368851047   18,979,500       18,979,500                    18,979,500                 18,979,500              10.9220% 
                ---------------  ---------------  -----------  -------------  ----------  -------------  -------  --------- 
 
 
 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 
-------------------------------------------------------------  ------------------------------------------------------------ 
 18,979,500                                                     10.9220% 
-------------------------------------------------------------  ------------------------------------------------------------ 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------------------------------- 
 15,151,000 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: 
----------------------------------------------------------------  ------------------------------------- 
 
                                                                   The change in the percentage 
  13. Additional information:                                      of shares held is due entirely 
                                                                   to the shares issued by Fulcrum 
                                                                   Utility Services Ltd, which 
                                                                   were admitted to AIM on 12/06/2017. 
----------------------------------------------------------------  ------------------------------------- 
 14. Contact name:                                                 David Clueit 
                                                                    Hargreave Hale Ltd 
----------------------------------------------------------------  ------------------------------------- 
 15. Contact telephone number:                                     01253 754739 
----------------------------------------------------------------  ------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLBBGDLBXBBGRS

(END) Dow Jones Newswires

June 14, 2017 07:33 ET (11:33 GMT)