Promethean World Plc Holding(s) in Company (7951R)

TIDMPRW

RNS Number : 7951R

Promethean World Plc

16 September 2014

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
---------------------------------------------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                                                       Promethean World 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                                                                                     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) subject 
  to the                                                                         Aberforth Partners LLP 
  notification obligation: 
-----------------------------------------------------------------  --------------------------------------------------------------------- 
 4. Full name of shareholder(s)                                           1. Aberforth Smaller Companies 
                                                                           Trust plc 
   (if different from 3.)                                                  2. Aberforth UK Small Companies                        Shares 
                                                                            Fund 
                                                                           3. Aberforth Geared Income Trust 
                                                                            plc 
                                                                                                                              20,729,221 
                                                                                                                               3,309,290 
                                                                                                                               2,970,000 
-----------------------------------------------------------------  ----------------------------------------------------  --------------- 
 5. Date of the transaction and date                                10/09/2014 
  on 
  which the threshold is crossed 
  or 
  reached if different: 
-----------------------------------------------------------------  --------------------------------------------------------------------- 
 6. Date on which issuer notified:                                  15/09/2014 
-----------------------------------------------------------------  --------------------------------------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached:                                                          13% 
-----------------------------------------------------------------  --------------------------------------------------------------------- 
 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       Indirect     Direct      Indirect 
--------------     -----     -----      -----  ------  -----------------  -----------  -----------  ----------  ------------------------ 
 
  Ordinary 
  GB00B60B6S45   24,193,011          24,193,011         27,008,511         N/A          27,008,511   N/A         13.29 
--------------  ------------------  -----------------  -----------------  -----------  -----------  ----------  ------------------------ 
 
 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. 
---------------------------  ----------------  --------------------------------  ------------------------  ----------------------------- 
 N/A                          N/A               N/A                               N/A                       N/A 
---------------------------  ----------------  --------------------------------  ------------------------  ----------------------------- 
 
 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 
-----------------  -------------------  -------------  ------------------------  ------------------------  ----------------------------- 
 N/A                N/A                  N/A            N/A                                                 Nominal           % 
-----------------  -------------------  -------------  ------------------------  ----                      ----------------  ----------- 
                                                                                  N/A                       N/A               N/A 
--------------     -----     -----      -----  ------  ----------  -----  -----  ------------------------  ----------------  ----------- 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                                   Percentage of voting rights 
------------------------------------------------------------------------  -------------------------------------------------------------- 
 
   27,008,511                                                                13.29 
------------------------------------------------------------------------  -------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: 
--------------------------------------------------------------------------- 
 Held by Aberforth Partners LLP 
--------------------------------------------------------------------------- 
 
 
 Proxy Voting: 
---------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                           N/A 
------------------------------------------------------  -------------------------- 
 11. Number of voting rights proxy holder will           N/A 
  cease 
  to hold: 
------------------------------------------------------  -------------------------- 
 12. Date on which proxy holder will cease to            N/A 
  hold 
  voting rights: 
------------------------------------------------------  -------------------------- 
 
 
  13. Additional information: 
------------------------------  -------------------------------------------------- 
 14. Contact name:               Pauline Robson, Aberforth Partners LLP 
------------------------------  -------------------------------------------------- 
 15. Contact telephone 
  number:                        0131 220 0733 
------------------------------  -------------------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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