Major Shareholding Notification • Feb 15, 2017
Major Shareholding Notification
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National Storage Mechanism | Additional information
RNS Number : 9636W
Polypipe Group PLC
15 February 2017
| 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: | Polypipe Group 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 | |||||
| Other (please specify): | Type 1 Disclosure as per the Transparency Directive II Regulation | ü | |||
| 3. Full name of person(s) subject to the notification obligation: | Schroders plc | ||||
| 4. Full name of shareholder(s) (if different from 3.): |
|||||
| 5. Date of the transaction and date on which the threshold is crossed or reached: | 09.02.17 | ||||
| 6. Date on which issuer notified: | 10.02.17 | ||||
| 7. Threshold(s) that is/are crossed or reached: | Below 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 | |||||
| Direct | Direct xi | Indirect xii | Direct | ||||
| Ordinary | 11,007,168 | 11,007,168 | 12,760,270 | ||||
| GB00BKRC5K31 | |||||||
| B: Qualifying Financial Instruments | |||||||
| Resulting situation after the triggering transaction | |||||||
| Type of financial instrument | Expiration date | Exercise/ Conversion Period | |||||
| 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 | Exercise/ Conversion period | ||||
| Total (A+B+C) | |||||||
| Number of voting rights | |||||||
| 9,889,770 |
| 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi |
||
| Schroder & Co. Limited 272,380 0.137% Schroder Investment Management Limited 9,617,390 4.85% |
||
| 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 shares referred to in section 9 are held in portfolios managed by those firms on a discretionary basis for clients under investment management agreements. This disclosure has been calculated based on issue share capital amount 198,279,182. | |
| 14. Contact name: | Shaheen Hussain | |
| 15. Contact telephone number: | 020 7658 6000 | |
This information is provided by RNS
The company news service from the London Stock Exchange
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