Brady plc TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (7270P)
22 November 2016 - 12:12AM
UK Regulatory
TIDMBRY TIDMTTM
RNS Number : 7270P
Brady plc
21 November 2016
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
-----------------------------------------------------------------------------------------------
1. Identity of the issuer or Brady PLC
the underlying issuer
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 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) Coltrane Asset Management,
subject to the L.P.
notification obligation:
(iii)
----------------------------------------------------------- ----------------------------------
4. Full name of shareholder(s) Coltrane Master Fund, L.P.
(if different from 3.):(iv)
----------------------------------------------------------- ----------------------------------
5. Date of the transaction November 17, 2016
and date on
which the threshold is crossed
or
reached: (v)
----------------------------------------------------------- ----------------------------------
6. Date on which issuer November 18, 2016
notified:
----------------------------------------------------------- ----------------------------------
7. Threshold(s) that is/are Increasing above 8%
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)
-------------------- ----------- ----------- ------------- ------------ ---------- ------------ ----------
Common Equity
(ISIN:GB00B0188P35) 5,852,500 5,852,500 7,175,000 7,175,000 N/A 8.64% N/A
B: Qualifying Financial Instruments
-------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
-------------------------------------------------------------------------------------------------------------------------
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date Conversion rights that rights
(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 financial Exercise Expiration Exercise/ Number of voting % of voting
instrument price date Conversion rights instrument rights (xix,
(xvii) period refers to xx)
(xviii)
---------------------- ------------- ------------- --------------- -------------------------- ----------------------
Nominal Delta
---------------------- ------------- ------------- --------------- -------------------------- ---------- ----------
Total (A+B+C)
-------------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
-------------------------------------------------------- ---------------------------------------------------------------
7,175,000 8.64%
-------------------------------------------------------- ---------------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
-------------------------------------------------------------------------------------------------------------------------
Coltrane Asset Management, L.P.
Mandeep Manku
Coltrane Domestic Fund, L.P.
Coltrane Offshore Fund, L.P.
Coltrane Asset Management Holdings, Ltd.
Coltrane GP, LLC
Coltrane Master Fund, L.P.: 8.64%
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: George Cairoli
-------------------------------------------------------- ---------------------------------------------------------------
15. Contact telephone number: 1(212)259-6042
-------------------------------------------------------- ---------------------------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
HOLXFLFLQFFBFBK
(END) Dow Jones Newswires
November 21, 2016 08:12 ET (13:12 GMT)
Brady (LSE:BRY)
Historical Stock Chart
From Apr 2024 to May 2024
Brady (LSE:BRY)
Historical Stock Chart
From May 2023 to May 2024
Real-Time news about Brady Plc (London Stock Exchange): 0 recent articles
More Brady News Articles