TIDMBPI

RNS Number : 8222F

British Polythene Industries PLC

01 August 2016

.

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                     British Polythene Industries 
  the underlying issuer                                            Plc 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
---------------------------------------------------------------  -------------------------------- 
 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                                   x 
  similar economic effect to qualifying financial 
  instruments 
------------------------------------------------------------------  ----------------------------- 
 An event changing the breakdown of voting rights 
------------------------------------------------------------------  ----------------------------- 
 Other (please 
  specify): 
---------------------------------------------------------  -------  ----------------------------- 
 3. Full name of person(s)                                    Syquant Capital 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ------------------------------------ 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ------------------------------------ 
 5. Date of the transaction                                   28/07/2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ------------------------------------ 
 6. Date on which issuer                                      29/07/2016 
  notified: 
-----------------------------------------------------------  ------------------------------------ 
 7. Threshold(s) that is/are                                  Holding has gone above 3% 
  crossed or 
  reached: (vi, vii) 
-----------------------------------------------------------  ------------------------------------ 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------ 
 Class/type    Situation previous              Resulting situation after the 
 of             to the triggering               triggering transaction 
 shares         transaction 
 
 if possible 
 using 
 the ISIN 
 CODE 
------------  ------------------------------  -------------------------------------------------------- 
               Number          Number          Number         Number of             % of voting 
               of               of              of shares      voting                rights (x) 
               Shares           Voting                         rights 
                                Rights 
------------  --------------  --------------  -------------  --------------------  ------------------- 
                                               Direct         Direct   Indirect     Direct    Indirect 
                                                              (xi)      (xii) 
------------    ------------   ------------   -------------  -------  -----------  --------  --------- 
 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------ 
 Type of         Expiration     Exercise/                     Number of voting      % of voting 
 financial        date           Conversion                    rights that           rights 
 instrument       (xiii)         Period (xiv)                  may be 
                                                               acquired if 
                                                               the 
                                                               instrument 
                                                               is 
                                                               exercised/ 
                                                               converted. 
--------------  -------------  ----------------------------  --------------------  ------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------ 
 Type of        Exercise       Expiration     Exercise/       Number of voting      % of voting 
 financial       price         date           Conversion       rights instrument     rights (xix, 
 instrument                    (xvii)         period           refers to             xx) 
                                              (xviii) 
-------------  -------------  -------------  --------------  --------------------  ------------------- 
     CFD             -              -               -                               Nominal    Delta 
-------------  -------------  -------------  --------------                        --------  --------- 
                                                                    869,545          3.16%     3.16% 
        ---------------------------------------------------  --------------------  --------  --------- 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------ 
 Number of voting rights                        Percentage of voting rights 
---------------------------------------------  ------------------------------------------------------- 
                   869,545                                              3.16% 
---------------------------------------------  ------------------------------------------------------- 
 
 
 
 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:                                              Laurent Boscherel 
-------------------------------------------------------------  --------------------- 
 15. Contact telephone number:                                  +33 (0)1 42 56 56 27 
-------------------------------------------------------------  ---------------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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August 01, 2016 05:23 ET (09:23 GMT)

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