Major Shareholding Notification • Nov 26, 2015
Major Shareholding Notification
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National Storage Mechanism | Additional information
RNS Number : 1243H
Victoria PLC
26 November 2015
| 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 |
Victoria PLC | |||
| 2 Reason for the notification (please tick the appropriate box or boxes): | ||||
| An acquisition or disposal of voting rights | ||||
| 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 | Removal of option restrictions | X | ||
| 3. Full name of person(s) subject to the notification obligation: iii |
Business Growth Fund PLC (a/c BGF Investments LP) | |||
| 4. Full name of shareholder(s) (if different from 3.):iv | Pershings Nominees Limited | |||
| 5. Date of the transaction and date on which the threshold is crossed or reached: v |
24/11/15 | |||
| 6. Date on which issuer notified: | 26/11/15 | |||
| 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 | ||||||||||||
| Ordinary | 365,855 | 365,855 | 365,855 | 365,855 | 2.011% | |||||||||||
| GB0009290080 | ||||||||||||||||
| 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 |
||||||||||||
| Option | 31/12/22 | 24/09/15 - 31/12/22 £2.86 per share |
746,000 | 4.101% | ||||||||||||
| 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 | |||||||||||||||
| 1,111,855 | 6.112% | |||||||||||||||
| 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: | The Ordinary Shares are held in the name of Pershings Nominees Limited as custodian for BGF Investments LP ("BGF"). The Option is held by BGF. On 24 November 2015 the option agreement granted by Victoria PLC on 30 September 2014 with BGF, was varied such that the period pursuant to which BGF is permitted to exercise the options and to subscribe for 746,000 ordinary shares now commences on 24 September 2015 and expires 31 December 2022 without any other restrictions applying. This disclosure is based on issue share capital amount 18,191,206. |
|
| 14. Contact name: | David Murray | |
| 15. Contact telephone number: | 0131 224 0140 | |
This information is provided by RNS
The company news service from the London Stock Exchange
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