SIG PLC Holding(s) in Company (0328D)

TIDMSHI

RNS Number : 0328D

SIG PLC

21 April 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                                           SIG 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)                                           Coltrane Asset Management, 
  subject to the                                                                           L.P. 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ---------------------------------- 
 4. Full name of shareholder(s)                                      Coltrane Master Fund, L.P. 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ---------------------------------- 
 5. Date of the transaction                                                      April 20, 2017 
  and date on 
  which the threshold is crossed 
  or 
  reached: (v) 
-----------------------------------------------------------  ---------------------------------- 
 6. Date on which issuer                                                         April 21, 2017 
  notified: 
-----------------------------------------------------------  ---------------------------------- 
 7. Threshold(s) that is/are                                                     Going above 3% 
  crossed or 
  reached: (vi, vii) 
-----------------------------------------------------------  ---------------------------------- 
 
 
 
 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) 
--------------------      -----------    -----------    -------------  -------------  ----------  ------------  ----------- 
 Equity CFD 
 (ISIN:GB0008025412)   N/A              N/A              18,225,921     18,225,921     N/A         3.08%         N/A 
 
 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 financial       Exercise       Expiration     Exercise/        Number of voting             % of voting 
  instrument              price         date           Conversion        rights instrument            rights (xix, 
                                        (xvii)         period            refers to                    xx) 
                                                       (xviii) 
----------------------  -------------  -------------  ---------------  ---------------------------  ----------------------- 
                                                                                                     Nominal       Delta 
----------------------  -------------  -------------  ---------------  ---------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
--------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                   Percentage of voting rights 
--------------------------------------------------------  ----------------------------------------------------------------- 
 18,225,921                                                3.08% 
--------------------------------------------------------  ----------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------ 
                                               Coltrane Asset Management, L.P. 
                                                                 Mandeep Manku 
                                                  Coltrane Domestic Fund, L.P. 
                                                  Coltrane Offshore Fund, L.P. 
                                      Coltrane Asset Management Holdings, Ltd. 
                                                              Coltrane GP, LLC 
                                             Coltrane Master Fund, L.P.: 3.08% 
 
 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:                                              George Cairoli 
-------------------------------------------------------------  --------------- 
 15. Contact telephone number:                                  1(212)259-6042 
-------------------------------------------------------------  --------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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April 21, 2017 10:14 ET (14:14 GMT)