Major Shareholding Notification • Aug 26, 2014
Major Shareholding Notification
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National Storage Mechanism | Additional information
RNS Number : 9612P
Eckoh PLC
26 August 2014
| For filings with the FCA include the annex | |||||
| For filings with issuer exclude the annex | |||||
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES | |||||
| 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
ECKOH PLC | ||||
| 2 Reason for the notification (please tick the appropriate box or boxes): | |||||
| An acquisition or disposal of voting rights | ü | ||||
| 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 | ü | ||||
| Other (please specify): | |||||
| 3. Full name of person(s) subject to the notification obligation: |
HARGREAVE HALE LIMITED | ||||
| 4. Full name of shareholder(s) (if different from 3.): | DISCRETIONARY CLIENTS | ||||
| 5. Date of the transaction and date on which the threshold is crossed or reached: |
20 AUGUST 2014 | ||||
| 6. Date on which issuer notified: | 22 AUGUST 2014 | ||||
| 7. Threshold(s) that is/are crossed or reached: |
20% | ||||
| 8. Notified details: | |||||||||||||||
| A: Voting rights attached to shares | |||||||||||||||
| Class/type of shares if possible using the ISIN CODE |
Situation previous to the triggering transaction |
Resulting situation after the triggering transaction | |||||||||||||
| Number of Shares |
Number of Voting Rights |
Number of shares |
Number of voting rights |
% of voting rights | |||||||||||
| Direct | Indirect | Direct | Indirect | Direct | Indirect | ||||||||||
| GB0033359141 | 44,030,420 | 44,030,420 | 44,070,420 | 44,070,420 | 19.8044% | ||||||||||
| B: Qualifying Financial Instruments | |||||||||||||||
| Resulting situation after the triggering transaction | |||||||||||||||
| Type of financial instrument |
Expiration date |
Exercise/ Conversion Period |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
|||||||||||
| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | |||||||||||||||
| Resulting situation after the triggering transaction | |||||||||||||||
| Type of financial instrument |
Exercise price | Expiration date | Exercise/ Conversion period |
Number of voting rights instrument refers to | % of voting rights | ||||||||||
| Nominal | Delta | ||||||||||||||
| Total (A+B+C) | |||||||||||||||
| Number of voting rights | Percentage of voting rights | ||||||||||||||
| 44,070,420 | 19.8044% | ||||||||||||||
| 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
||
| 15,629,500 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: | ||
| 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: | The change in the percentage of shares held is due mostly to the new shares issued by Eckoh Plc to fund the amended consideration for an acquisition. The new shares were admitted to AIM on 20/08/2014. | |
| 14. Contact name: | David Clueit | |
| 15. Contact telephone number: | 01253 754739 | |
This information is provided by RNS
The company news service from the London Stock Exchange
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