Oakley Capital Investments Limited Holding(s) in Company (6181I)

TIDMOCL

RNS Number : 6181I

Oakley Capital Investments Limited

20 June 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
---------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                       Oakley Capital Investments 
  the underlying issuer of existing                                                    Limited 
  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                                Yes 
----------------------------------------------------------  ---------------------------------- 
 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)                                   Ruffer LLP (for its discretionary 
  subject to the notification                                     clients of the Ruffer Group) 
  obligation: (iii) 
---------------------------------------------------------  ----------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
---------------------------------------------------------  ----------------------------------- 
 5. Date of the transaction                                                       15 June 2017 
  and date on which the threshold 
  is crossed or reached: (v) 
---------------------------------------------------------  ----------------------------------- 
 6. Date on which issuer                                                          16 June 2017 
  notified: 
---------------------------------------------------------  ----------------------------------- 
 7. Threshold(s) that is/are 
  crossed or reached: (vi, 
  vii)                                                                              17% to 16% 
---------------------------------------------------------  ----------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 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         Indirect     Direct        Indirect 
                                                                   (xi)           (xii) 
--------------      -----------    -----------    -------------  -------------  -----------  ------------  ----------- 
 
 
 
  BMG670131058   35,056,724       35,056,724       34,634,084     34,634,084     -            16%           - 
                ---------------  ---------------  -------------  -------------  -----------  ------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of financial   Expiration     Exercise/                       Number of voting              % of voting 
  instrument          date           Conversion                      rights that                   rights 
                      (xiii)         Period (xiv)                    may 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 
 financial          price         date           Conversion        rights instrument             rights (xix, 
 instrument                       (xvii)         period            refers to                     xx) 
                                                 (xviii) 
----------------  -------------  -------------  ---------------  ----------------------------  ----------------------- 
                                                                                                Nominal       Delta 
----------------  -------------  -------------  ---------------  ----------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                             Percentage of voting rights 
--------------------------------------------------  ------------------------------------------------------------------ 
 34,634,084                                          16% 
--------------------------------------------------  ------------------------------------------------------------------ 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
---------------------------------------------------------------------------------------------------------------------- 
 
 
 Proxy Voting: 
---------------------------------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                                                                     N/A 
------------------------------------------------------------------------------  -------------------------------------- 
 11. Number of voting rights proxy 
  holder will cease 
  to hold: 
------------------------------------------------------------------------------  -------------------------------------- 
 12. Date on which proxy holder will 
  cease to hold 
  voting rights: 
------------------------------------------------------------------------------  -------------------------------------- 
 
                                                     Ruffer LLP controls the voting 
  13. Additional information:                         rights over 34,634,084 shares 
                                                      (now 16% of the voting rights) 
                                                      of Oakley Capital Investments 
                                                      Limited, which are held by 
                                                      the discretionary clients 
                                                      of Ruffer LLP and its subsidiaries 
                                                      (the voting of which is all 
                                                      controlled by Ruffer LLP). 
                                                      This change from 17% to 16% 
                                                      is due to the sale of 422,640 
                                                      shares on 15 June 2017 
--------------------------------------------------  ------------------------------------------------------------------ 
 14. Contact name:                                                                                      Louise Stanway 
--------------------------------------------------  ------------------------------------------------------------------ 
 15. Contact telephone number:                                                                           020 7963 8146 
--------------------------------------------------  ------------------------------------------------------------------ 
 
 

HOLFMMBTMBITBMR

(END) Dow Jones Newswires

June 20, 2017 07:42 ET (11:42 GMT)