Sanderson Group PLC Holdings in Company (1000I)

TIDMSND

RNS Number : 1000I

Sanderson Group PLC

14 June 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                        SANDERSON GROUP PLC 
  the underlying issuer 
  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)                                        HARGREAVE HALE LIMITED 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  --------------------------- 
 4. Full name of shareholder(s)                                    DISCRETIONARY CLIENTS 
  (if different from 3.):(iv) 
-----------------------------------------------------------  --------------------------- 
 5. Date of the transaction                                                 12 JUNE 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  --------------------------- 
 6. Date on which issuer                                                    14 JUNE 2017 
  notified: 
-----------------------------------------------------------  --------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                                 14% 
-----------------------------------------------------------  --------------------------- 
 
 
 
 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 
--------------  --------------------------  ----------------  ------------  ---------------------  ------------------------- 
                                                               Indirect      Direct     Indirect    Direct        Indirect 
                                                                             (xi)        (xii) 
--------------      ---------  -----------      ------------  ------------  ---------  ----------  ------------  ----------- 
 
 
  GB00B04X1Q77   7,945,738                   7,945,738         7,263,795                7,263,795                 13.1900% 
                --------------------------  ----------------  ------------  ---------  ----------  ------------  ----------- 
 
 
 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 
--------------------------------------------------------------  ------------------------------------------------------------ 
 7,263,795                                                       13.1900% 
--------------------------------------------------------------  ------------------------------------------------------------ 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
-------------------------------------------------------------------------------------- 
 
   6,273,209 of these shares are held for unit trusts operated 
   by Marlborough Fund Managers Ltd., for whom Hargreave 
   Hale Ltd. manages the investments on a discretionary 
   basis. The remaining shares are held on behalf of other 
   discretionary clients. 
 
 Proxy Voting: 
-------------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
---------------------------------------------------------------  --------------------- 
 11. Number of voting rights proxy 
  holder will cease to hold: 
---------------------------------------------------------------  --------------------- 
 12. Date on which proxy holder will 
  cease to hold voting rights: 
---------------------------------------------------------------  --------------------- 
 
 
  13. Additional information: 
---------------------------------------------------------------  --------------------- 
 14. Contact name:                                                        David Clueit 
                                                                   Hargreave Hale Ltd. 
---------------------------------------------------------------  --------------------- 
 15. Contact telephone number:                                            01253 754739 
---------------------------------------------------------------  --------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLGGUPPQUPMGWC

(END) Dow Jones Newswires

June 14, 2017 09:24 ET (13:24 GMT)