Dart Group PLC Holding(s) in Company (7033G)

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RNS Number : 7033G

Dart Group PLC

09 May 2014

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
------------------------------------------------------------------------------------------------------------------------------ 
 
 1. Identity of the issuer or the underlying                                                  Dart Group plc 
  issuer 
  of existing shares to which voting rights 
  are 
  attached: 
-------------------------------------------------------------------------  --------------------------------------------------- 
 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                                                        Schroders plc 
  to the 
  notification obligation: 
-----------------------------------------------------------------  ----------------------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.): 
-----------------------------------------------------------------  ----------------------------------------------------------- 
 5. Date of the transaction and date                                                         07.05.14 
  on 
  which the threshold is crossed 
  or 
  reached: 
-----------------------------------------------------------------  ----------------------------------------------------------- 
 6. Date on which issuer notified:                                                           08.05.14 
-----------------------------------------------------------------  ----------------------------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached:                                                                                  16% - 17% 
-----------------------------------------------------------------  ----------------------------------------------------------- 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares 
------------------------------------------------------------------------------------------------------------------------------ 
 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 
                  Shares               Voting 
                                       Rights 
--------------  -------------------  -----------------  -----------------  ----------------------  --------------------------- 
                                                         Direct             Direct   Indirect       Direct        Indirect 
--------------    -----     -------  ------  -----      -----------------  -------  -------------  ------------  ------------- 
 
    Ordinary 
 
  GB00B1722W11        29,665,187          24,719,593         29,677,235      N/A       24,731,641       N/A         16.960% 
                -------------------  -----------------  -----------------  -------  -------------  ------------  ------------- 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------------ 
 Type of financial           Expiration       Exercise/                     Number of voting             % of voting 
  instrument                  date             Conversion Period             rights that may              rights 
                                                                             be 
                                                                             acquired if the 
                                                                             instrument is 
                                                                             exercised/ converted. 
--------------------------  ---------------  ----------------------------  ---------------------------  ---------------------- 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments 
------------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------------ 
 Type of           Exercise           Expiration     Exercise/              Number of voting             % of voting rights 
 financial          price              date           Conversion             rights instrument 
 instrument                                           period                 refers to 
----------------  -----------------  -------------  ---------------------  ---------------------------  ---------------------- 
       CFD               N/A              N/A                N/A                                         Nominal       Delta 
----------------  -----------------  -------------  ---------------------  -------                      ------------  -------- 
                                                                                      61,488               0.042%         1 
--------------    -----     -------  ------  -----      ---------     ---  ---------------------------  ------------  -------- 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                                               Percentage of voting rights 
--------------------------------------------------------------------  -------------------------------------------------------- 
                             24,793,129                                                        17.002% 
--------------------------------------------------------------------  -------------------------------------------------------- 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: 
------------------------------------------------------------------------------------------------------------------------------ 
 Schroder Investment Management Limited 24,144,235 16.557% 
  Schroder Investment Management North America Limited 447,194 0.307% 
 
  Schroder & Co Limited 201,700 0.138% 
 
 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 shares referred to in section 
  13. Additional information:                                           9 are held in portfolios managed by 
                                                                        those firms on a discretionary basis 
                                                                        for clients under investment management 
                                                                        agreements. This disclosure has been 
                                                                        calculated based on issue share capital 
                                                                        amount 145,824,886. 
--------------------------------------------------------------------  -------------------------------------------------------- 
 14. Contact name: 
                                                                                            Scott Dickenson 
--------------------------------------------------------------------  -------------------------------------------------------- 
 
 15. Contact telephone number:                                                               020 7658 6000 
--------------------------------------------------------------------  -------------------------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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