Koovs PLC Notification of Major Holdings (7222S)

TIDMKOOV

RNS Number : 7222S

Koovs PLC

04 October 2017

TR-1: Standard form for notification of major holdings

This notification is made in accordance with the Market Abuse Regulation.

On 2(nd) October 2017, the Company was informed that Waheed Alli, Executive Chairman of the Company, transferred 4,714,286 Koovs plc shares from Silvergate Investments into his own name.

As Waheed Alli was the sole shareholder of Silvergate Investments there has been no change in the beneficial owner of the shares and his holding remains unchanged at 19.21% of the Company's issued share capital.

The notification of dealing form can be found below.

 
 NOTIFICATION OF MAJOR HOLDINGS 
------------------------------------------------------------------------------------------------ 
 
 1a. Identity of the issuer                      Koovs plc (company number 
  or the underlying issuer                        08166410) 
  of existing shares to which                     Registered office address: 
  voting rights are attached:                     Fourth Floor York House, 
                                                  23 Kingsway, London WC2B 
                                                  6UJ 
                                                  Legal Entity Identifier: 
                                                  213800NNZ2JSXDRPPU11 
----------------------------------------------  ------------------------------------------------ 
 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                                     X 
---------------------------------------------------------------------------------  ------------- 
 An event changing the breakdown of voting rights 
---------------------------------------------------------------------------------  ------------- 
 Other (please specify): 
---------------------------------------------------------------------------------  ------------- 
 3. Details of person subject to the notification obligation 
 Name                                            Waheed Alli 
 City and country of registered                  London, United Kingdom 
  office (if applicable) 
 4. Full name of shareholder(s) (if different from 3.) 
------------------------------------------------------------------------------------------------ 
 Name 
----------------------------------------------  ------------------------------------------------ 
 City and country of registered 
  office (if applicable) 
----------------------------------------------  ------------------------------------------------ 
 5. Date on which the threshold 
  was crossed or reached: 
----------------------------------------------  ------------------------------------------------ 
 6. Date on which issuer notified                03 October 2017 
  (DD/MM/YYYY): 
----------------------------------------------  ------------------------------------------------ 
 7. Total positions of person(s) subject to the notification 
  obligation 
------------------------------------------------------------------------------------------------ 
                             % of voting           % of voting        Total of      Total number 
                           rights attached       rights through       both in %      of voting 
                              to shares             financial        (8.A + 8.B)     rights of 
                              (total of            instruments                       issuer 
                                8. A)               (total of 
                                                   8.B 1 + 8.B 
                                                       2) 
--------------------  ------------------------  ----------------  ---------------  ------------- 
 Resulting 
  situation 
  on the date 
  on which 
  threshold 
  was crossed 
  or reached           19.21%                                      19.21%           33,699,218 
--------------------  ------------------------  ----------------  ---------------  ------------- 
 Position 
  of previous 
  notification 
  (if 
  applicable) 
--------------------  ------------------------  ----------------  ---------------  ------------- 
 
 
 
 8. Notified details of the resulting situation on the 
  date on which the threshold was crossed or reached 
------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares 
------------------------------------------------------------------------------------------------------ 
 Class/type         Number of voting rights          % of voting rights 
  of 
  shares 
  ISIN code 
  (if possible) 
----------------- 
                        Direct         Indirect                   Direct                   Indirect 
                       (Art 9 of       (Art 10 of                (Art 9 of                 (Art 10 of 
                       Directive       Directive                 Directive                 Directive 
                     2004/109/EC)     2004/109/EC)              2004/109/EC)              2004/109/EC) 
                       (DTR5.1)        (DTR5.2.1)                 (DTR5.1)                 (DTR5.2.1) 
----------------   ---------------  --------------  ----------------------------------  -------------- 
 Ordinary 
  shares of 
  GBP0.01 each 
  ISIN code: 
  GB00BHB22S55      33,699,218                       19.21% 
-----------------  ---------------  --------------  ----------------------------------  -------------- 
 SUBTOTAL 
  8. A                        33,699,218                                  19.21% 
-----------------  -------------------------------  -------------------------------------------------- 
 
 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             Conversion      rights that                         rights 
  instrument                          Period          may 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          Number            % of voting 
  financial        date              Conversion      or cash           of voting          rights 
  instrument                         Period          settlement        rights 
----------------  ----------------  --------------  ----------------  ----------------  -------------- 
 
                                                     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                                              X 
  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 
 Full chain of controlled undertakings through which 
  the voting rights and/or the 
  financial instruments are effectively held starting 
  with the ultimate controlling natural person or 
  legal entity (please add additional rows as necessary) 
--------------------------------------------------------------------------------------  -------------- 
       Name                  % of voting               % of voting              Total of both 
                             rights if it            rights through              if it equals 
                             equals or is               financial                or is higher 
                              higher than              instruments           than the notifiable 
                            the notifiable            if it equals                threshold 
                               threshold              or is higher 
                                                        than the 
                                                       notifiable 
                                                        threshold 
-----------------  -------------------------------  ----------------  -------------------------------- 
 
 
 
 
 
 
 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 
------------------------------------------------------------------------------------------------------ 
 
 
 
 
 Place of completion   Foot Anstey LLP, 2 Glass Wharf, Bristol, 
                        BS2 0FR 
--------------------  ----------------------------------------- 
 Date of completion    2 October 2017 
--------------------  ----------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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October 04, 2017 10:02 ET (14:02 GMT)