Flow Traders N.V. - Major Shareholding Notification 2017

National Storage Mechanism | Additional information

RNS Number : 1013I

Flowgroup plc

14 June 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		FLOWGROUP 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: iii	HARGREAVE HALE LIMITED
4. Full name of shareholder(s) (if different from 3.):iv	DISCRETIONARY CLIENTS
5. Date of the transaction and date on which the threshold is crossed or reached: v	13 JUNE 2017
6. Date on which issuer notified:	14 JUNE 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	Indirect			Direct xi	Indirect xii		Direct	Indirect
GB00B19H7076	15,689,868			15,689,868				115,689,868			115,689,868			8.1267%


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
115,689,868									8.1267%


9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
110,775,000 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 shares are 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 entirely to participation in the placing by Flowgroup Plc, the shares from which were admitted to AIM on 13/06/2017.
14. Contact name:	David Clueit Hargreave Hale Ltd
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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