SHEARWATER GROUP PLC - Major Shareholding Notification 2017

National Storage Mechanism | Additional information

RNS Number : 2231A

Shearwater Group PLC

22 March 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: ii		Shearwater 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	HSBC Holdings plc
4. Full name of shareholder(s) (if different from 3.):iv	HSBC Bank plc
5. Date of the transaction and date on which the threshold is crossed or reached: v8	15th March 2017
6. Date on which issuer notified:	22nd March 2017
7. Threshold(s) that is/are crossed or reached: vi, vii	Above 6%


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
GB00B00T3528	Below Disclosure Threshold			Below Disclosure Threshold			34,016,894		34,016,894		Below Disclosure Threshold	6.355 %		Below Disclosure Threshold

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
Nil

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
Nil												Nominal		Delta


Total (A+B+C)
Number of voting rights								Percentage of voting rights
34,016,894								6.355 %

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:

Sanjeev Kalha

15. Contact telephone number:

+44 (0) 20 7992 3452

This information is provided by RNS

The company news service from the London Stock Exchange

END

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