Shearwater Group PLC Holding(s) in Company (1182F)

TIDMSWG

RNS Number : 1182F

Shearwater Group PLC

15 May 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                      Shearwater 
  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                              YES 
-----------------------------------------------------------------------  ---- 
 An acquisition or disposal of qualifying financial                       NO 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
-----------------------------------------------------------------------  ---- 
 An acquisition or disposal of instruments with                           NO 
  similar economic effect to qualifying financial 
  instruments 
-----------------------------------------------------------------------  ---- 
 An event changing the breakdown of voting rights                         NO 
-----------------------------------------------------------------------  ---- 
 Other (please                                             FUNDRAISING     X 
  specify): 
--------------------------------------------------------  -------------  ---- 
 3. Full name of person(s)                                  SPREADEX LTD 
  subject to the 
  notification obligation: 
  (iii) 
---------------------------------------------------------  ------------------ 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
---------------------------------------------------------  ------------------ 
 5. Date of the transaction                                 09/05/2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
---------------------------------------------------------  ------------------ 
 6. Date on which issuer                                    12/05/2017 
  notified: 
---------------------------------------------------------  ------------------ 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                        9%, 8%, 7% 
---------------------------------------------------------  ------------------ 
 
 
 
 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) 
--------------      -----------    -----------    -------------  -------------  ------------  ------------  ----------- 
 Ordinary 
  1 -            20,490,856       20,490,856       29,240,856     29,240,856     3.04% 
                ---------------  ---------------  -------------  -------------  ------------  ------------  ----------- 
 GB00B00T3528 
--------------      -----------    -----------      -----------    -----------  ------------      --------    --------- 
 
 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. 
------------------  -------------  ------------------------------  -----------------------------  --------------------- 
 CFD/SPREADBET                                                      30,626,005                     3.19% 
------------------  -------------  ------------------------------  -----------------------------  --------------------- 
 
 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 
--------------------------------------------------  ------------------------------------------------------------------- 
 59,866,861                                          6.23% 
--------------------------------------------------  ------------------------------------------------------------------- 
 
 
 
 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: 
-------------------------------------------------------------  ------------- 
 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 CORBEN 
-------------------------------------------------------------  ------------- 
 15. Contact telephone number:                                  01727 895135 
-------------------------------------------------------------  ------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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May 15, 2017 03:50 ET (07:50 GMT)