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DIALES PLC — Major Shareholding Notification 2017
Mar 17, 2017
7597_rns_2017-03-17_260467e9-3b4e-4e9b-858f-4efda73edfa3.html
Major Shareholding Notification
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RNS Number : 8117Z
Driver Group plc
17 March 2017
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
Driver Group
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
x
Other (please specify):
3. Full name of person(s) subject to the
notification obligation: iii
Close Asset Management Limited
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
reached: v
10/03/2017
6. Date on which issuer notified:
13/03/2017
7. Threshold(s) that is/are crossed or
reached: vi, vii
5%
| 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 | ||||||||||||
| DRIVER GROUP ORD GBP - GB00B0L9C092 |
1,872,616 | 1,872,616 | 1,872,616 | 1,872,616 | 3.51% | |||||||||||
| 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 | |||||||||||||||
| 1,872,616 | 3.51% | |||||||||||||||
| 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi |
||
| Close Asset Management Limited | ||
| 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: | On 10th March 2017 the number of shares in issue increased, thereby diluting our overall holding to 3.51%. This is based on the shares in issue figure of 53,362,868. This is the required notification that the holding has crossed 5% of the shares in issue. |
|
| 14. Contact name: | Ciara Elliott | |
| 15. Contact telephone number: | 020 7426 4124 | |
This information is provided by RNS
The company news service from the London Stock Exchange
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