S & U PLC

Major Shareholding Notification • Dec 19, 2016

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RNS Number : 2771S

S & U PLC

19 December 2016

S & U PLC ("S&U" or "the Company")

Notification of Major Interest in Shares and Director/PDMR Shareholding

19 December 2016

S&U were advised on 19 December 2016 that Jennifer Coombs has today transferred 250,000 shares to Fiann Coombs at nil cost and 250,000 shares to another family member also at nil cost.

Following this transfer, the holding of Jennifer Coombs is 1,855,698 Ordinary Shares representing 15.5% of the total voting rights of the Company.

Following this transfer, the holding of Fiann Coombs who is a non-executive director of S&U is 283,550 Ordinary Shares representing 2.4% of the total voting rights of the Company.

The information set out below is provided in accordance with the requirements of DTR 5.3.1R

Notification of Major Interest in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii			S & U 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				No
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments				No
An event changing the breakdown of voting rights				No
Other (please specify):				No
3. Full name of person(s) subject to the notification obligation: iii		Jennifer Coombs
4. Full name of shareholder(s) (if different from 3.):iv
5. Date of the transaction and date on which the threshold is crossed or reached: v		19 December 2016
6. Date on which issuer notified:		19 December 2016
7. Threshold(s) that is/are crossed or reached: vi, vii		19% & 16%

	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
	12.5p Ordinary Shares	2,355,698			2,355,698			1,855,698			1,855,698			15.5%
	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
	1,855,698									15.5%
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:
14. Contact name:									Chris Redford, Company Secretary S&U plc
15. Contact telephone number:									0121 705 7777

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Fiann Coombs

2

Reason for the notification

a)

Position/status

Director

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

S&U PLC

b)

LEI

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 12.5p each

ISIN :      GB0007655037

b)

Nature of the transaction

Transfer of ordinary shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
nil	250,000

d)

Aggregated information

- Aggregated volume

- Price

N/A (Single transaction)

e)

Date of the transaction

19 December 2016

f)

Place of the transaction

London Stock Exchange (XLON)

This information is provided by RNS

The company news service from the London Stock Exchange

END

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