Ricardo PLC Notification of Major Holdings (8356F)

TIDMRCDO

RNS Number : 8356F

Ricardo PLC

23 February 2018

TR-1: Standard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant 
  issuer and to the FCA in Microsoft Word format if possible)(i) 
---------------------------------------------------------------------------------------------------- 
 
 1a. Identity of the issuer                                             Ricardo 
  or the underlying issuer 
  of existing shares to which 
  voting rights are attached(ii) 
  : 
-------------------------------------------------  ------------------------------------------------- 
 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 
-------------------------------------------------------------------------------------  ------------- 
 An event changing the breakdown of voting rights 
-------------------------------------------------------------------------------------  ------------- 
 Other (please specify)(iii) : 
-------------------------------------------------------------------------------------  ------------- 
 3. Details of person subject to the notification obligation(iv) 
 Name                                               Royal London Asset Management 
                                                     Limited 
 City and country of registered                     London, United Kingdom 
  office (if applicable) 
 4. Full name of shareholder(s) (if different from 3.)(v) 
---------------------------------------------------------------------------------------------------- 
 Name                                               HSBC Global Custody Nominees 
                                                     (UK) Ltd 
-------------------------------------------------  ------------------------------------------------- 
 City and country of registered                     London, United Kingdom 
  office (if applicable) 
-------------------------------------------------  ------------------------------------------------- 
 5. Date on which the threshold                     21st February 2018 
  was crossed or reached(vi) 
  : 
-------------------------------------------------  ------------------------------------------------- 
 6. Date on which issuer notified                   22/02/2018 
  (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(vii) 
                                   8. A)               (total of 
                                                      8.B 1 + 8.B 
                                                          2) 
----------------------  -------------------------  ----------------  ----------------  ------------- 
 Resulting 
  situation 
  on the date 
  on which 
  threshold 
  was crossed 
  or reached                      6.8013%                                  6.8013%      53,406,250 
----------------------  -------------------------  ----------------  ----------------  ------------- 
 Position 
  of previous 
  notification 
  (if 
  applicable)                    7.0766%                                  7.0766% 
----------------------  -------------------------  ----------------  ----------------  ------------- 
 
 
 
 8. Notified details of the resulting situation on the 
  date on which the threshold was crossed or reached(viii) 
---------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
---------------------------------------------------------------------------------------------------------------- 
 Class/type              Number of voting rights(ix)              % 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) 
---------------------   ----------------------  ---------------  ------------------------------  --------------- 
 
   GB0007370074                  3,632,307             N/A                    6.8013%                   N/A 
----------------------  ----------------------  ---------------  ------------------------------  --------------- 
 
 
 SUBTOTAL 
  8. A                                              3,632,307                         6.8013% 
----------------------  ---------------------------------------  ----------------------------------------------- 
 
 B 1: Financial Instruments according to Art. 13(1)(a) 
  of Directive 2004/109/EC (DTR5.3.1.1 (a)) 
---------------------------------------------------------------------------------------------------------------- 
 Type of financial       Expiration              Exercise/        Number of voting                % of voting 
  instrument              date(x)                 Conversion       rights that                     rights 
                                                  Period(xi)       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(x)                 Conversion       or cash             of voting    rights 
  instrument                                     Period           settlement(xii)     rights 
                                                 (xi) 
---------------------  -----------------------  ---------------  -----------------  -----------  --------------- 
 
 
 
                                                                  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 
  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(xiii) 
 Full chain of controlled undertakings through which                      X 
  the voting rights and/or the 
  financial instruments are effectively held starting 
  with the ultimate controlling natural person or 
  legal entity(xiv) (please add additional rows as 
  necessary) 
--------------------------------------------------------------  --------------------- 
      Name(xv)          % of voting          % of voting            Total of both 
                        rights if it        rights through           if it equals 
                        equals or is     financial instruments       or is higher 
                        higher than          if it equals         than the notifiable 
                       the notifiable        or is higher              threshold 
                         threshold        than the notifiable 
                                               threshold 
-------------------  ----------------  -----------------------  --------------------- 
 Royal London 
  Asset Management 
  Ltd                      6.8013%                                      6.8013% 
-------------------  ----------------  -----------------------  --------------------- 
 
 
 
 
 
 10. In case of proxy voting, please identify: 
------------------------------------------------------------------------------------- 
 Name of the proxy holder                                    N/A 
-------------------------------------  ---------------------------------------------- 

 The number and % of voting                                  N/A 
  rights held 
-------------------------------------  ---------------------------------------------- 
 The date until which the                                    N/A 
  voting rights will be held 
-------------------------------------  ---------------------------------------------- 
 
 11. Additional information(xvi) 
------------------------------------------------------------------------------------- 
 
   Calculated % based on shares outstanding of 53,406,250 
------------------------------------------------------------------------------------- 
 
 
 
 Place of completion   London, United Kingdom 
--------------------  ----------------------- 
 Date of completion    22nd February 2018 
--------------------  ----------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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February 23, 2018 10:49 ET (15:49 GMT)