Teathers Financial PLC Holding(s) in Company (3864X)

TIDMTEA

RNS Number : 3864X

Teathers Financial PLC

05 May 2016

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                                            Teathers Financial plc 
  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 
---------------------------------------------------------------------------------------------------------- 
 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                                         Agreement for a concerted exercise of voting rights   x 
  specify): 
----------------------------------------------------  ---------------------------------------------------- 
 3. Full name of person(s) subject                                       Thomas Bistram, Mark Bicknell, Darren 
  to the                                                                  Medd, Isra Ahmed, Christopher Ellis, 
  notification obligation: (iii)                                           Tim Parks, Ben Sack, Mike McCallum, 
                                                                          Steven Emery, James Walbrin, Michael 
                                                                      Snook, James Kemp, David Kipling, Ciaran 
                                                                       Naughton, Nicholas Lo, Tony Leadbetter, 
                                                                            Michael Mould, Appinder Sarai, Ian 
                                                                                             Tole, Karen Tonge 
-----------------------------------------------------  ------------------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------  ------------------------------------------------------- 
 5. Date of the transaction and date                                                                05/05/2016 
  on 
  which the threshold is crossed 
  or 
  reached: 
-----------------------------------------------------  ------------------------------------------------------- 
 6. Date on which issuer notified:                                                                  05/05/2016 
-----------------------------------------------------  ------------------------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                                                                        7% 
-----------------------------------------------------  ------------------------------------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------------------ 
 Class/type   Situation previous                            Resulting situation after the triggering 
 of            to the triggering                             transaction 
 shares        transaction 
 
 if 
 possible 
 using 
 the ISIN 
 CODE 
-----------  --------------------------------------------  ------------------------------------------------------------------- 
              Number                      Number            Number        Number of voting           % of voting 
               of                          of               of shares      rights                     rights (x) 
               Shares                      Voting 
                                           Rights 
-----------  --------------------------  ----------------  ------------  -------------------------  -------------------------- 
                                                            Direct        Direct (xi)   Indirect     Direct         Indirect 
                                                                                        (xii) 
-----------      ---------  -----------      ------------  ------------  ------------  -----------  -------------  ----------- 
 Ordinary 
 Shares       4,390,387                                     5,005,329     5,005,329                  7.75% 
             --------------------------                    ------------  ------------  -----------  -------------  ----------- 
                                          4,390,387 
-----------      ---------  -----------  ----------------    ----------    ----------    ---------      ---------    --------- 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------------ 
 Type of          Expiration                Exercise/                       Number of voting           % of voting 
 financial         date (xiii)               Conversion Period               rights that may            rights 
 instrument                                  (xiv)                           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 rights 
 financial      price         date (xvii)      Conversion      rights instrument           (xix, xx) 
 instrument                                    period          refers to 
                                               (xviii) 
-------------  -----------  ---------------  --------------  --------------------------  ------------------------------------- 
                                                                                          Nominal        Delta 
-------------  -----------  ---------------  --------------  --------------------------  -------------  ---------------------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                                      Percentage of voting rights 
-----------------------------------------------------------  ----------------------------------------------------------------- 
 
   5,005,329                                                  7.75% 
-----------------------------------------------------------  ----------------------------------------------------------------- 
 
 
 
 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                                                      TEA Shareholders Group's members are 
                                                                                currently all transferring their stock 
                                                                                  into certificated form so that their 
                                                                                names appear directly on the company's 
                                                                                                 shareholder register. 
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(MORE TO FOLLOW) Dow Jones Newswires

May 05, 2016 07:21 ET (11:21 GMT)

 14. Contact name:                                                                   Thomas Bistram, Stuart Langelaan, 
                                                                                                            Ben Turney 
-----------------------------------------------------------------------  --------------------------------------------- 
 15. Contact telephone number:                                                                           0046769729066 
                                                                                          email [e-mail] 
-----------------------------------------------------------------------  --------------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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May 05, 2016 07:21 ET (11:21 GMT)