Major Shareholding Notification • Nov 25, 2016
Major Shareholding Notification
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National Storage Mechanism | Additional information
RNS Number : 2204Q
Eckoh PLC
25 November 2016
| 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 | 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 | ||||
| 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: |
Kestrel Partners LLP | |||
| 4. Full name of shareholder(s) (if different from 3.): | Kestrel Opportunities, a cell of Guernsey Portfolios PCC Ltd (through BNY Mellon Nominees Limited) and various other clients of Kestrel Partners LLP (through JIM Nominees Ltd and Bank of New York Nominees Ltd) | |||
| 5. Date of the transaction and date on which the threshold is crossed or reached: |
23 November 2016 | |||
| 6. Date on which issuer notified: | 25 November 2016 | |||
| 7. Threshold(s) that is/are crossed or reached: |
through 14% | |||
| 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 | Direct | Indirect | Direct | Indirect | |||||||||||||
| Ordinary Shares of 0.25p each ISIN GB0033359141 |
33,802,165 | 33,802,165 | n/a | n/a | 34,042,165 | n/a | 14.03% | ||||||||||
| 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 |
|||||||||||||
| n/a | n/a | n/a | n/a | n/a | |||||||||||||
| 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 | ||||||||||||
| n/a | n/a | n/a | n/a | n/a | Nominal | Delta | |||||||||||
| n/a | n/a | ||||||||||||||||
| Total (A+B+C) | |||||||||||||||||
| Number of voting rights | Percentage of voting rights | ||||||||||||||||
| 34,042,165 | 14.03% | ||||||||||||||||
| 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
||
| Indirect - BNY Mellon Nominees Limited - 27,152,700 Shares. 11.19% of voting rights Indirect - JIM Nominees Limited - 2,539,075 Shares. 1.05% of voting rights Indirect - Bank of New York Nominees Limited - 4,350,390 Shares. 1.79% of voting rights |
||
| 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: | Disclosure based on Total voting rights of 242,573,059. The indirect voting rights held under (9) relate to shares held in client portfolios managed by Kestrel Partners LLP under discretionary investment management agreements |
|
| 14. Contact name: | Ian Forrest | |
| 15. Contact telephone number: | 0203 371 6100 | |
This information is provided by RNS
The company news service from the London Stock Exchange
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