Severfield PLC Holding(s) in Company (0480Q)
24 November 2016 - 8:52AM
UK Regulatory
TIDMSFR
RNS Number : 0480Q
Severfield PLC
24 November 2016
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
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1. Identity of the issuer or SEVERFIELD PLC
the underlying issuer
of existing shares to which
voting rights are
attached: (ii)
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2 Reason for the notification (please tick the appropriate
box or boxes):
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An acquisition or disposal of voting rights X
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An acquisition or disposal of qualifying financial
instruments which may result in the acquisition
of shares already issued to which voting rights
are attached
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An acquisition or disposal of instruments with
similar economic effect to qualifying financial
instruments
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An event changing the breakdown of voting rights
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Other (please
specify):
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3. Full name of person(s) HARGREAVE HALE LIMITED
subject to the
notification obligation:
(iii)
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4. Full name of shareholder(s) DISCRETIONARY CLIENTS
(if different from 3.):(iv)
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5. Date of the transaction 22 NOVEMBER 2016
and date on
which the threshold is
crossed or
reached: (v)
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6. Date on which issuer 23 NOVEMBER 2016
notified:
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7. Threshold(s) that is/are
crossed or
reached: (vi, vii) 5%
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8. Notified details:
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A: Voting rights attached to shares (viii, ix)
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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 Indirect Direct Indirect Direct Indirect
(xi) (xii)
-------------- ----------- ----------- ----------- --------------- ---------- ------------- ------- ----------
GB00B27YGJ97 14,805,802 14,805,802 15,159,302 15,159,302 5.0724%
--------------- --------------- ----------- --------------- ---------- ------------- ------- ----------
B: Qualifying Financial Instruments
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Resulting situation after the triggering transaction
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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)
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Resulting situation after the triggering transaction
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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)
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Number of voting rights Percentage of voting rights
--------------------------------------------------------------- -------------------------------------------------------------
15,159,302 5.0724%
--------------------------------------------------------------- -------------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
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12,600,000 of these shares are held for unit trusts
operated by Marlborough Fund Managers Ltd, for whom
Hargreave Hale Ltd manages the investments on a discretionary
basis. The remaining balance is held on behalf of other
discretionary clients.
Proxy Voting:
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10. Name of the proxy holder:
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11. Number of voting rights proxy
holder will cease to hold:
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12. Date on which proxy holder will
cease to hold
voting rights:
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13. Additional information:
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14. Contact name: David Clueit
Hargreave Hale Ltd
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15. Contact telephone number: 01253 754739
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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November 24, 2016 03:52 ET (08:52 GMT)