ISG PLC Holding(s) in Company (6257S)

TIDMISG

RNS Number : 6257S

ISG PLC

18 March 2016

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------------------------------------------------ 
 
 1. Identity of the issuer or the underlying                                                                     ISG plc 
  issuer 
  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 
--------------------------------------------------------------------------  -------------------------------------------- 
 Other (please 
  specify): 
------------------------------------------------------------------  ------  -------------------------------------------- 
 3. Full name of person(s) subject                                                                 Cathexis Holdings, LP 
  to the 
  notification obligation: (iii) 
--------------------------------------------------------------------  -------------------------------------------------- 
 4. Full name of shareholder(s)                                                      Cathexis Stocks, LP, a wholly owned 
  (if different from 3.):(iv)                                                       subsidiary of Cathexis Holdings, LP, 
                                                                                   holds 32,760,451 ordinary shares; (1) 
                                                                                     N.Y. Nominees Limited <BELLA> holds 
                                                                                   29,660,440 ordinary shares as nominee 
                                                                                    for Cathexis Stocks, LP; (2) Goldman 
                                                                              Sachs Securities (Nominees) Limited<COSEG> 
                                                                                      holds 3,100,011 ordinary shares as 
                                                                                   nominee for Cathexis Stocks, LP; and, 
                                                                                     (3) Cathexis UK Holdings Limited, a 
                                                                                     wholly owned subsidiary of Cathexis 
                                                                                  Holdings, LP, has received acceptances 
                                                                                   in respect of its mandatory offer for 
                                                                               ISG plc in respect of 13,631,966 ordinary 
                                                                                                                  shares 
--------------------------------------------------------------------  -------------------------------------------------- 
 5. Date of the transaction and date                                                                       17 March 2016 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
--------------------------------------------------------------------  -------------------------------------------------- 
 6. Date on which issuer notified:                                                                         18 March 2016 
--------------------------------------------------------------------  -------------------------------------------------- 
 7. Threshold(s) that is/are crossed                                                                     91.00% - 93.75% 
  or 
  reached: (vi, vii) 
--------------------------------------------------------------------  -------------------------------------------------- 
 
 
 
 8. Notified details: 
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 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) 
------------  -----------  -----------  -----------  -----------  -----------  --------  ----------- 
 Ordinary 
  Shares       45,029,469   45,029,469   46,392,417   46,392,417                93.75% 
              -----------  -----------  -----------  -----------  -----------  --------  ----------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------- 
 Type of       Expiration   Exercise/                 Number of voting          % of voting 
  financial    date          Conversion Period         rights that may           rights 
  instrument   (xiii)        (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         Conversion    rights instrument         (xix, xx) 
  instrument                (xvii)       period        refers to 
                                         (xviii) 
------------  -----------  -----------  -----------  ------------------------  --------------------- 
                                                                                Nominal   Delta 
------------  -----------  -----------  -----------  ------------------------  --------  ----------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------- 
 Number of voting rights                 Percentage of voting rights 
--------------------------------------  ------------------------------------------------------------ 
 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
--------------------------------------------------------------------------------- 
 Cathexis Stocks, LP and Cathexis UK Holdings Limited are both wholly 
  owned subsidiaries of Cathexis Holdings, LP. 
 
 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: 
---------------------------------------------------------------------------  ---- 
 15. Contact telephone number: 
---------------------------------------------------------------------------  ---- 
 
 
 
 Note: Annex should only be submitted to the FCA not the issuer 
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 Annex: Notification of major interests in share 
------------------------------------------------------------------------------------- 
 
 A: Identity of the persons or legal entity subject to the notification 
  obligation 
------------------------------------------------------------------------------------- 
 Full name                                                        Cathexis Stocks, LP 

March 18, 2016 11:04 ET (15:04 GMT)

  (including legal form of legal entities) 
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 Contact address                              1000 Louisiana St, Suite 7000, Houston, 
  (registered office for legal entities)                                     TX 77002 
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 Phone number & email                                                 [phone] 
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 Other useful information                                       [e-mail] 
  (at least legal representative for 
  legal persons) 
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 B: Identity of the notifier, if applicable 
------------------------------------------------------------------------------------- 
 Full name                                                               Fran Jandjel 
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 Contact address                              1000 Louisiana St, Suite 7000, Houston, 
                                                                             TX 77002 
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 Phone number & email                          [phone], [e-mail] 
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 Other useful information                                                    Director 
  (e.g. functional relationship with 
  the person or legal entity subject 
  to the notification obligation) 
-------------------------------------------  ---------------------------------------- 
 
 C: Additional information 
------------------------------------------------------------------------------------- 
 
 For notes on how to complete form TR-1 please see the FCA website. 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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March 18, 2016 11:04 ET (15:04 GMT)