ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

VEL Velocity Composites Plc

31.00
-2.00 (-6.06%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Velocity Composites Plc LSE:VEL London Ordinary Share GB00BF339H01 ORD 0.25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.00 -6.06% 31.00 30.00 32.00 32.50 31.00 32.50 35,829 13:19:24
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Aircraft Parts, Aux Eq, Nec 16.41M -3.14M -0.0588 -5.27 16.58M

Velocity Composites PLC TR-1: Notification of Major Interest in Shares (0151G)

23/05/2017 4:03pm

UK Regulatory


TIDMVEL

RNS Number : 0151G

Velocity Composites PLC

23 May 2017

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
---------------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                              Velocity Composites 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                                           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                                      X 
-------------------------------------------------------------------  ------------------------------------- 
 Other (please 
  specify): 
---------------------------------------------------------  --------  ------------------------------------- 
 3. Full name of person(s) subject                                                         Killik & Co LLP 
  to the 
  notification obligation: (iii) 
-----------------------------------------------------------  --------------------------------------------- 
 4. Full name of shareholder(s)                                                        Platform Securities 
  (if different from 3.):(iv)                                          (on behalf of various discretionary 
                                                                               clients of Killik & Co LLP) 
-----------------------------------------------------------  --------------------------------------------- 
 5. Date of the transaction and date                                                       18(th) May 2017 
  on 
  which the threshold is crossed or 
  reached: (v) 
-----------------------------------------------------------  --------------------------------------------- 
 6. Date on which issuer notified:                                                         19(th) May 2017 
-----------------------------------------------------------  --------------------------------------------- 
 7. Threshold(s) that is/are crossed                                           Opening disclosure above 3% 
  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) 
--------------      -----------    -----------    -------------  ------------  ------------  ------------  ----------- 
 
  GBP Ord        Below            Below 
  GB00BF339H01    3%               3%              1,147,059      1,147,059                   3.20% 
                ---------------  ---------------  -------------  ------------  ------------  ------------  ----------- 
 
 
 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           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 
--------------------------------------------------  ------------------------------------------------------------------ 
 1,147,059                                           3.20% 
--------------------------------------------------  ------------------------------------------------------------------ 
 
 
 
 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:                                              Adam Schollar, Compliance 
                                                                 Executive at Killik & Co 
-------------------------------------------------------------  -------------------------- 
 15. Contact telephone number:                                              020 7337 0400 
-------------------------------------------------------------  -------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLEXLFLDEFBBBF

(END) Dow Jones Newswires

May 23, 2017 11:03 ET (15:03 GMT)

1 Year Velocity Composites Chart

1 Year Velocity Composites Chart

1 Month Velocity Composites Chart

1 Month Velocity Composites Chart

Your Recent History

Delayed Upgrade Clock