National Express Group PLC Holding(s) in Company (1270C)

TIDMNEX

RNS Number : 1270C

National Express Group PLC

23 June 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                         National Express Group 
  the underlying issuer                                                         Plc 
  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                                      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)                                       Newton Investment Management 
  subject to the                                                            Limited 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ------------------------------------ 
 4. Full name of shareholder(s)                                               N/A 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ------------------------------------ 
 5. Date of the transaction                                              21 June 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ------------------------------------ 
 6. Date on which issuer                                                 22 June 2016 
  notified: 
-----------------------------------------------------------  ------------------------------------ 
 7. Threshold(s) that is/are                                           Falling below 10% 
  crossed or 
  reached: (vi, vii) 
-----------------------------------------------------------  ------------------------------------ 
 
 
 
 8. Notified details: GB0006215205 
------------------------------------------------------------------------------------------------------------------------------- 
 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         Direct (xi)    Indirect   Direct        Indirect 
                                                                                             (xii) 
-------------      ---------  -----------      ------------  -------------  -------------  ---------  ------------  ----------- 
 Ordinary 
 Shares 
 GB0006215205   51,279,909                  51,279,909        51,126,969     51,126,969     N/A        9.99% 
               --------------------------  ----------------  -------------  -------------  ---------  ------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration                Exercise/                        Number of voting            % of voting 
 financial           date                      Conversion                       rights that                 rights 
 instrument          (xiii)                    Period (xiv)                     may be 
                                                                                acquired if 
                                                                                the 
                                                                                instrument 
                                                                                is 
                                                                                exercised/ 
                                                                                converted. 
-----------------  ------------------------  -------------------------------  --------------------------  --------------------- 
 N/A 
-----------------  ------------------------  -------------------------------  --------------------------  --------------------- 
 
 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) 
---------------  -----------  ---------------  --------------  ---------------------------------------  ----------------------- 
 N/A                                                                                                     Nominal       Delta 
---------------  -----------  ---------------  --------------  ---------------------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                        Percentage of voting rights 
-------------------------------------------------------------  ---------------------------------------------------------------- 
 51,126,969                                                     9.99% 
-------------------------------------------------------------  ---------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------- 
 
            Newton Investment Management Ltd. holds these shares 
                      as a discretionary fund manager. 
 
 Proxy Voting: 
------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                  N/A 
-------------------------------------------------------  ---------------- 
 11. Number of voting rights proxy                              N/A 
  holder will cease 
  to hold: 
-------------------------------------------------------  ---------------- 
 12. Date on which proxy holder will                            N/A 
  cease to hold 
  voting rights: 
-------------------------------------------------------  ---------------- 
 
 
  13. Additional information:                                   N/A 
-------------------------------------------------------  ---------------- 
 14. Contact name:                                        Dianne Robinson 
-------------------------------------------------------  ---------------- 
 15. Contact telephone number:                             0121 460 8629 
-------------------------------------------------------  ---------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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June 23, 2016 11:00 ET (15:00 GMT)