ASHTEAD GROUP PLC - Holding(s) in Company

PR Newswire

London, May 4


TR-1: Notification of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:	ASHTEAD GROUP PLC
2. Reason for the notification (yes/no)
An acquisition or disposal of voting rights		Yes
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached		No
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments		No
An event changing the breakdown of voting rights		No
Other (please specify): ______________		No
3. Full name of person(s) subject to notification obligation:	Harris Associates L.P.
4. Full name of shareholder(s) (if different from 3):	BNY Mellon Center Brown Brothers Harriman Northern Trust Company State Street Bank and Trust
5. Date of transaction (and date on which the threshold is crossed or reached if different):	03 May 2017
6. Date on which issuer notified:	04 May 2017
7. Threshold(s) that is/are crossed or reached:	5%


8. Notified Details
A: Voting rights attached to shares
Class/type of shares If possible use 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				Percentage of voting rights
Direct			Indirect	Direct	Indirect
GB0000536739 Common Stock					25,312,024					25,312,024		5.07%


B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument		Expiration date		Exercise/ conversion period				No. of voting rights that may be acquired (if the instrument is exercised/converted)			Percentage 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			No. of voting rights instrument refers to		Percentage of voting rights
Nominal			Delta


Total (A+B+C)
Number of voting rights							Percentage of voting rights
25,312,024							5.07%


9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
BNY Mellon Center - 159,600 Common Stock shares Brown Brothers Harriman - 398,000 Common Stock shares Northern Trust Company - 394,500 Common Stock shares State Street Bank and Trust - 24,359,924 Common Stock shares

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:	Kim Colwell
15. Contact telephone number:	312-646-3489


Annex: Notification of major interests in shares

A: Identity of the person or legal entity subject to the notification obligation
Full name (including legal form for legal entities)	Harris Associates L.P.
Contact address (including legal form for legal entities)	111 S. Wacker Drive, Suite 4600, Chicago, IL 60606 USA
Phone number & email	312-646-3489 [email protected]
Other useful information (at least legal representative for legal persons)

B: Identity of the notifier, if applicable
Full name	Kim Colwell
Contact address	111 S. Wacker Drive, Suite 4600, Chicago, IL 60606 USA
Phone number & email	312-646-3489 [email protected]
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)

C: Additional information

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