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Share Name Share Symbol Market Type Share ISIN Share Description
Stm Group Plc LSE:STM London Ordinary Share IM00B1S9KY98 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 32.00 31.00 33.00 32.00 32.00 32.00 27,149 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 23.3 3.9 5.7 5.6 19

STM Group PLC Holding(s) in Company

28/02/2020 10:22am

UK Regulatory (RNS & others)


TIDMSTM

RNS Number : 5020E

STM Group PLC

28 February 2020

TR-1: S tandard form for notification of major holdings

 
 
 1a. Identity of the issuer or the                                            STM Group PLC 
  underlying issuer of existing shares 
  to which voting rights are attached 
  (ii) : 
                                                          ----------------------------------------------------- 
 1b. Please indicate if the issuer is a non-UK issuer 
 Non-UK issuer 
                                                                                                 -------------- 
 2. Reason for the notification 
 An acquisition or disposal of voting rights 
                                                                                                 -------------- 
 An acquisition or disposal of financial instruments 
                                                                                                 -------------- 
 An event changing the breakdown of voting rights 
                                                                                                 -------------- 
 Other (please specify)(iii) : Updated Name in section (4)                                              X 
                                                                                                 -------------- 
 3. Details of person subject to the notification obligation (iv) 
 Name                                                      Kestrel Partners LLP 
 City and country of registered office                     LONDON, UK 
  (if applicable) 
 4. Full name of shareholder(s) (if different from 3.) (v) 
 Name                                                      Various clients of Kestrel Partners 
                                                            LLP (through JIM Nominees Ltd and 
                                                            Bank of New York Nominees Ltd). 
                                                          ----------------------------------------------------- 
 City and country of registered office 
  (if applicable) 
                                                          ----------------------------------------------------- 
 5. Date on which the threshold was                        16 October 2019 
  crossed or reached (vi) : 
                                                          ----------------------------------------------------- 
 6. Date on which issuer notified:                         27 February 2020 
                                                          ----------------------------------------------------- 
 7. Total positions of person(s) subject to the notification obligation 
                                       % of voting         % of voting rights    Total of both    Total number 
                                      rights attached      through financial      in % (8.A +      of voting 
                                     to shares (total         instruments             8.B)         rights of 
                                         of 8. A)            (total of 8.B                         issuer (vii) 
                                                               1 + 8.B 2) 
                                 -----------------------  -------------------  ----------------  -------------- 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached                      3.69%                                         3.69%             59,408,088 
                                 -----------------------  -------------------  ----------------  -------------- 
 Position of 
  previous notification 
  (if 
  applicable)                     3.78% 
                                 -----------------------  -------------------  ----------------  -------------- 
 
 
 
 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 of      Number of voting rights                      % of voting rights 
  shares             (ix) 
  ISIN code 
                          Direct                Indirect                      Direct                       Indirect 
                    (Art 9 of Directive   (Art 10 of Directive          (Art 9 of Directive          (Art 10 of Directive 
                       2004/109/EC)           2004/109/EC)             2004/109/EC) (DTR5.1)             2004/109/EC) 
                         (DTR5.1)              (DTR5.2.1)                                                 (DTR5.2.1) 
                                         --------------------- 
 ISIN 
  IM00B1S9KY98      N/A                   2,191,521              N/A                                 3.69% 
                   --------------------  ---------------------  ----------------------------------  --------------------- 
 
 
 SUBTOTAL 8. A                      2,191,521                                             3.69% 
                   -------------------------------------------  --------------------------------------------------------- 
 
 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC 
  (DTR5.3.1.1 (a)) 
 Type of            Expiration            Exercise/              Number of voting                    % of voting 
  financial          date                  Conversion Period      rights that may                     rights 
  instrument         (x)                   (xi)                   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 or      Number of          % of voting 
  financial         date (x)              Conversion              cash             voting rights      rights 
  instrument                              Period (xi)             settlement 
                                                                  (xii) 
                  ---------------------  ---------------------  ---------------  ----------------- 
 
 
 
                                                                 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 the voting rights                     X 
  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 rights         % of voting rights       Total of both if 
                                 if it equals or           through financial        it equals or is 
                                is higher than the         instruments if it        higher than the 
                               notifiable threshold       equals or is higher     notifiable threshold 
                                                          than the notifiable 
                                                               threshold 
                           --------------------------  -----------------------  ---------------------- 
 JIM Nominees Limited       3.25%                                                3.25% 
                           --------------------------  -----------------------  ---------------------- 
 Bank of New York 
  Nominees Limited          0.44%                                                0.44% 
                           --------------------------  -----------------------  ---------------------- 
 
 
 
 
 10. In case of proxy voting, please identify: 
 Name of the proxy holder                               N/A 
                                                       ----------------------------------------------- 
 The number and % of voting rights                      N/A 
  held 
                                                       ----------------------------------------------- 
 The date until which the voting rights                 N/A 
  will be held 
                                                       ----------------------------------------------- 
 
 11. Additional information (xvi) 
 The indirect voting rights held under (9) relate to shares held in client 
  portfolios managed by Kestrel Partners LLP under discretionary investment 
  management agreements 
 
 
 
 Place of completion   London 
 Date of completion    27/02/20 
                      --------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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