GCP Infrastructure Investments Ltd Notification of Major Interest in Shares (7949L)

TIDMGCP

RNS Number : 7949L

GCP Infrastructure Investments Ltd

21 July 2017

GCP Infrastructure Investments Limited

("GCP Infrastructure" or the "Company")

LEI 213800W64MNATSIV5Z47

21 July 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
--------------------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                                     GCP Infrastructure Investments 
  issuer                                                                                                Limited 
  of existing shares to which voting rights                                                        JE00B6173J15 
  are 
  attached: (ii) 
--------------------------------------------------------------------------  ----------------------------------- 
 2 Reason for the notification (please tick the appropriate box or boxes): 
--------------------------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                                   X 
------------------------------------------------------------------------------  ------------------------------- 
 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                                               Close Asset Management Limited 
  to the 
  notification obligation: (iii) 
--------------------------------------------------------------------------  ----------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
--------------------------------------------------------------------------  ----------------------------------- 
 5. Date of the transaction and date                                                                 18/07/2017 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
--------------------------------------------------------------------------  ----------------------------------- 
 6. Date on which issuer notified:                                                                   21/07/2017 
--------------------------------------------------------------------------  ----------------------------------- 
 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 rights 
                  of               of               of shares      rights                      (x) 
                  Shares           Voting 
                                   Rights 
--------------  ---------------  ---------------  -------------  --------------------------  --------------------------- 
                                                   Direct         Direct         Indirect     Direct        Indirect 
                                                                   (xi)           (xii) 
--------------      -----------    -----------    -------------  -------------  -----------  ------------  ------------- 
 
 
  JE00B6173J15   39,155,637       39,155,637       39,154,256     39,154,256                  4.95% 
                ---------------  ---------------  -------------  -------------  -----------  ------------  ------------- 
 
 
 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 
--------------------------------------------------  -------------------------------------------------------------------- 
 39,154,256                                          4.95% 
--------------------------------------------------  -------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
-------------------------------------------------------------------------------------------------------------------- 
 
   Close Asset Management Limited 
 
 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: 
------------------------------------------------------------------------  ------------------------------------------ 
 
                                                                           On 18 July 2017, Close Brothers Asset 
  13. Additional information:                                              Management sold 1,381 shares of GCP 
                                                                           Infrastructure Ord. This brought our 
                                                                           shareholding to 39,154,256 and 4.95% 
                                                                           of the shares in issue. 
 
                                                                           This is based on the shares in issue 
                                                                           figure of 790,676,278 as at 18 July 
                                                                           2017 (which had changed from 734,224,665 
                                                                           the previous day). 
 
                                                                           This is the required notification 
                                                                           that the holding has crossed below 
                                                                           5% of the shares in issue. 
------------------------------------------------------------------------  ------------------------------------------ 
 14. Contact name:                                                                                        Nicola Daw 

------------------------------------------------------------------------  ------------------------------------------ 
 15. Contact telephone number:                                                                         020 7426 4022 
------------------------------------------------------------------------  ------------------------------------------ 
 
 

Contact details:

Gravis Capital Management Ltd

   Stephen Ellis                                                               [phone] 

Rollo Wright

Dion Di Miceli

Stifel Nicolaus Europe Ltd

   Neil Winward                                                              [phone] 

Mark Bloomfield

Tunga Chigovanyika

Buchanan

   Charles Ryland                                                             [phone] 

Victoria Hayns

Notes to Editors

The Company

The Company is a closed-ended London Stock Exchange-listed investment company that seeks to generate returns from senior and subordinated infrastructure debt and related and/or similar assets. The Company is advised by Gravis Capital Management Ltd.

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLMMGZNKMZGNZM

(END) Dow Jones Newswires

July 21, 2017 11:13 ET (15:13 GMT)