FRENKEL TOPPING GROUP PLC — Major Shareholding Notification 2016

Sep 15, 2016

National Storage Mechanism | Additional information

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

RNS Number : 9994J

Frenkel Topping Group PLC

15 September 2016

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			Frenkel Topping 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		Michael Alan Spencer IPGL (Holdings) Limited IPGL Limited Intercapital Brokerage Services Ltd Incap Finance BV
4. Full name of shareholder(s)  (if different from 3.):iv		Incap Finance BV (4,888,773 shares) IPGL Limited (3,087,772 shares)
5. Date of the transaction and date on which the threshold is crossed or reached: v		15 September 2016
6. Date on which issuer notified:		15 September 2016
7. Threshold(s) that is/are crossed or reached: vi, vii		8%, 9%, and 10% in relation to all parties subject to the notification obligation

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
Ordinary	5,976,545			5,976,545			0		0		7,976,545	0			10.40
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
7,976,545								10.40

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Incap Finance BV is a wholly owned subsidiary of Incap Netherlands (Holdings) BV.  Incap Netherlands (Holdings) BV is owned as to 34.30% by IPGL Limited and as to 65.70% by Intercapital Brokerage Services Ltd.  Intercapital Brokerage Services Ltd is a wholly owned subsidiary of IPGL Limited. IPGL Limited is a wholly owned subsidiary of IPGL (Holdings) Limited.  Mr Spencer holds a majority of the voting rights in IPGL (Holdings) Limited.
Proxy Voting:
10. Name of the proxy holder:		N/A
11. Number of voting rights proxy holder will cease to hold:		N/A
12. Date on which proxy holder will cease to hold voting rights:		N/A
13. Additional information:	N/A
14. Contact name:	Tom Scarborough
15. Contact telephone number:	+44 (0)207 448 0360

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLLAMFTMBJBBIF

//<![CDATA[$.ajaxSetup({headers: {'__RequestVerificationToken':'K3GHQGaKhr3cB_Mm_jfgwkuvsDarv2nlVgF91es9C-8xtnWTS1UNEVBnKbZvu0pYbAmeOCO5XvXITMiKVmU8zvng9VKOfDtYAsbcOxs2V3U1:wQxrozGZMpWEhIuksfF1UEk9_W9X-9ZodiVYj9Zljan5CPbYv5ItM4AmUDWCxLSSlihjJJqp9nBL7XpB8IRkQblUb2SbrXS1aoqRCTUOewM1'}});//]]>