COSTAIN GROUP PLC — Major Shareholding Notification 2015

Mar 17, 2015

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 6455H

Costain Group PLC

17 March 2015

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii				Costain Group PLC
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
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii		Mohammed Abdulmohsin Al-Kharafi & Sons Company for General Trading, General Contracting and Industrial Structures WLL
4. Full name of shareholder(s) (if different from 3.):iv		BBHISL Nominees Limited (designation 125688)
5. Date of the transaction and date on which the threshold is crossed or reached: v		16 March 2015
6. Date on which issuer notified:		16 March 2015
7. Threshold(s) that is/are crossed or reached: vi, vii		10%, 9% and 8%

8. Notified details:
A: Voting rights attached to shares viii, ix
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 x
Direct		Direct xi		Indirect xii	Direct		Indirect
ORD 50p SHARES GB00B64NSP76	10,429,490			10,429,490			7,339,490		7,339,490			7.25%
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument			Expiration date xiii		Exercise/ Conversion Period xiv					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 xv, xvi
Resulting situation after the triggering transaction
Type of financial instrument		Exercise price		Expiration date xvii		Exercise/ Conversion period xviii			Number of voting rights instrument refers to			% of voting rights xix, xx
												Nominal			Delta
Total (A+B+C)
Number of voting rights								Percentage of voting rights
7,339,490								7.25%

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:	(a)  In accordance with DTR 3.1.2R, Mohammed Abdulmohsin Al-Kharafi & Sons Company for General Trading, General Contracting and Industrial Structures WLL are deemed to be a connected person of Mr Ahmed Samy, a non-executive director of Costain Group PLC (b)  3,090,000 shares were sold at 305p per share  (c)   The transaction was carried out in London
14. Contact name:	Ahmed Samy
15. Contact telephone number:	+(965)-2483 0025

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLGGUMGWUPAGUM