HYVE GROUP PLC — Major Shareholding Notification 2014

May 22, 2014

National Storage Mechanism | Additional information

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RNS Number : 8504H

ITE Group PLC

22 May 2014

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				ITE 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		Mason Hill Advisors, LLC
4. Full name of shareholder(s) (if different from 3.):iv		Nortrust Nominees Limited is a nominee shareholder in respect of 4,313,053 of the shares in ITE Group PLC described above. Goldman Sachs International is a nominee shareholder in respect of 5,633,622 shares of the shares in ITE Group PLC described above. Pershing LLC is a nominee shareholder in respect of  3,110,459 shares of ITE Group PLC described above.
5. Date of the transaction and date on which the threshold is crossed or reached: v		19 May 2014
6. Date on which issuer notified:		21 May 2014
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
ORDINARY SHARES ISIN: GB0002520509											13,057,134				5.23%
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
13,057,134								5.23%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
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:	Mason Hill Advisors, LLC acts as an investment manager for Equinox Partners, LP, Kurato Fund, L.P. and Mason Hill Partners, LP. Equinox Partners, LP beneficially holds 8,744,081 (or 3.50%) of the shares in ITE Group PLC described above, Mason Hill Partners, LP beneficially holds 1,468,263 (or 0.59%) of the shares in ITE Group PLC described above and Kuroto Fund, L.P. beneficially holds 2,844,790 (or 1.14%) of the shares in ITE Group PLC described above.
14. Contact name:	Roger Anscher
15. Contact telephone number:	+001 646 833 2788

This information is provided by RNS

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