Somero Enterprises Inc. Holding(s) in Company (9563X)

TIDMSOM

RNS Number : 9563X

Somero Enterprises Inc.

27 February 2017

 
 
                   TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
--------------------------------------------------------------------------------------- 
 
               1. Identity of the issuer or                 SOMERO ENTERPRISES LIMITED 
                   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                                     N/A 
                        specify): 
--------------------------------------------------------    --------------------------- 
                3. Full name of person(s)                   River and Mercantile Asset 
                      subject to the                               Management LLP 
                 notification obligation: 
                           (iii) 
---------------------------------------------------------  ---------------------------- 
              4. Full name of shareholder(s) 
                (if different from 3.):(iv) 
---------------------------------------------------------  ---------------------------- 
                5. Date of the transaction                     23(rd) February 2017 
                        and date on 
                  which the threshold is 
                        crossed or 
                       reached: (v) 
---------------------------------------------------------  ---------------------------- 
                 6. Date on which issuer                       24(th) February 2017 
                         notified: 
---------------------------------------------------------  ---------------------------- 
               7. Threshold(s) that is/are 
                        crossed or 
                    reached: (vi, vii)                                  5% 
---------------------------------------------------------  ---------------------------- 
 
 
 
                                                 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) 
-------------      -----------    -----------    --------------  ------------  ------------  ------------  ----------- 
 USU834501038     2,883,948        2,883,948        2,723,948      2,723,948                    4.8466% 
               ---------------  ---------------  --------------  ------------  ------------  ------------  ----------- 
 
 
                                          B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
                                 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
     Type of         Expiration              Exercise/                   Number of voting             % of voting 
    financial           date                 Conversion                     rights that                  rights 
    instrument         (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 
-------------------------------------------------  ------------------------------------------------------------------- 
                    2,723,948                                                    4.8466% 
-------------------------------------------------  ------------------------------------------------------------------- 
 
 
 
      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:         River and Mercantile 
                                           Asset Management LLP 
---------------------------------------  ----------------------- 
   11. Number of voting rights proxy               N/A 
            holder will cease 
                to hold: 
---------------------------------------  ----------------------- 
  12. Date on which proxy holder will              N/A 
              cease to hold 
             voting rights: 
---------------------------------------  ----------------------- 
 
 
       13. Additional information: 
---------------------------------------  ----------------------- 
           14. Contact name:                Charlotte Williams 
                                           Compliance Department 
---------------------------------------  ----------------------- 
     15. Contact telephone number:            020 7601 6264 
---------------------------------------  ----------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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February 27, 2017 08:53 ET (13:53 GMT)