TIDMCRU TIDMMGR

RNS Number : 3369Q

Coral Products PLC

26 February 2016

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
----------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                                       CORAL PRODUCTS 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 
  specify): 
---------------------------------------------------------------------------  ---  ------------------- 
 3. Full name of person(s) subject                                                    MITON GROUP PLC 
  to the 
  notification obligation: (iii) 
----------------------------------------------------------------------------  ----------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
----------------------------------------------------------------------------  ----------------------- 
 5. Date of the transaction and date 
  on 
   which the threshold is crossed 
   or                                                                                      22/02/2016 
   reached: (v)                                                                            26/02/2016 
----------------------------------------------------------------------------  ----------------------- 
 6. Date on which issuer notified:                                                         26/02/2016 
----------------------------------------------------------------------------  ----------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                                                              19% 
----------------------------------------------------------------------------  ----------------------- 
 
 
 
 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 rights 
                 of                of                of shares       rights                  (x) 
                 Shares            Voting 
                                   Rights 
-------------  ----------------  ----------------  --------------  ----------------------  --------------------------- 
                                                    Direct          Direct     Indirect     Direct        Indirect 
                                                                    (xi)        (xii) 
-------------      ------------    ------------    --------------  ---------  -----------  ------------  ------------- 
 GB0002235736      9,355,555         9,355,555       16,515,555                16,515,555                    19.99% 
-------------  ----------------  ----------------  --------------  ---------  -----------  ------------  ------------- 
 
 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 (xviii)     refers to 
---------------  --------------  --------------  ----------------  ------------------------  ------------------------- 
                                                                                              Nominal       Delta 
---------------  --------------  --------------  ----------------  ------------------------  ------------  ----------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                              Percentage of voting rights 
---------------------------------------------------  ----------------------------------------------------------------- 
                     16,515,555                                                    19.99% 
---------------------------------------------------  ----------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
------------------------------------------------------------------------------------------------------------------ 
 
   CF MITON UK MULTI CAP INCOME 
   FUND                                                                                                7,460,604 
 
   DIVERSE INCOME TRUST PLC                                                                            4,054,951 
 
   THE INVESTMENT COMPANY PLC                                                                          2,500,000 
 
   THE MITON UK MICRO CAP TRUST 
   PLC                                                                                                 2,500,000 
 
 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: 
---------------------------------------------------------------------  ------------------------------------------- 
 
                                                                        THE FIGURE OF 82,614,865 ORDINARY 
  13. Additional information:                                            SHARES HAS BEEN USED AS THE DENOMINATOR 
                                                                         FOR THIS CALCULATION. 
---------------------------------------------------------------------  ------------------------------------------- 
 14. Contact name:                                                                           GEORGE LATIMER-BUTLER 
---------------------------------------------------------------------  ------------------------------------------- 
 15. Contact telephone number:                                                                       0203 714 1486 
---------------------------------------------------------------------  ------------------------------------------- 
 
 

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February 26, 2016 08:20 ET (13:20 GMT)