Castleton Technology PLC Holding(s) in Company (1070I)
15 June 2017 - 12:21AM
UK Regulatory
TIDMCTP
RNS Number : 1070I
Castleton Technology PLC
14 June 2017
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
--------------------------------------------------
1. Identity of the issuer or Castleton Technology 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 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
---------------------------------------------------------------- -----------------------------------
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) Kestrel Partners LLP
subject to the
notification obligation:
(iii)
--------------------------------------------------------- ------------------------------------------
4. Full name of shareholder(s) Kestrel Opportunities, a cell
(if different from 3.):(iv) of Guernsey Portfolios PCC
Ltd (through BNY Mellon Nominees
Limited) and various other
clients of Kestrel Partners
LLP (through JIM Nominees
Ltd and Bank of New York Nominees
Ltd)
--------------------------------------------------------- ------------------------------------------
5. Date of the transaction 12 June 2017
and date on
which the threshold is
crossed or
reached: (v)
--------------------------------------------------------- ------------------------------------------
6. Date on which issuer 14 June 2017
notified:
--------------------------------------------------------- ------------------------------------------
7. Threshold(s) that is/are through 25%
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 voting rights (x)
Shares Voting shares rights
Rights
------------- -------------------------- ---------------- ---------- ---------------------- -------------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
------------- --------- ----------- ------------ ---------- --------- ----------- ------------ -----------
Ordinary
Shares of
2p each
ISIN
GB00BYV2WV72 19,656,615 19,656,615 n/a n/a 19,691,115 n/a 25.02%
-------------------------- ---------------- ---------- --------- ----------- ------------ -----------
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.
----------------- ------------------------ ---------------------------- ------------------------ ---------------------
n/a n/a n/a n/a n/a
----------------- ------------------------ ---------------------------- ------------------------ ---------------------
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)
--------------- ----------- --------------- -------------- ---------------------------------- -----------------------
n/a n/a n/a n/a n/a Nominal Delta
--------------- ----------- --------------- -------------- ---------------------------------- ------------ ---------
n/a n/a
------------- --------- ----------- ------------ -------- ------- ----------- ------------ ---------
Total (A+B+C)
--------------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
------------------------------------------------------------- -----------------------------------------------------------
19,691,115 25.02%
------------------------------------------------------------- -----------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
---------------------------------------------------------------------------------------------------
Indirect - BNY Mellon Nominees Limited -14,692,915 Shares.
18.67% of voting rights
Indirect - JIM Nominees Limited - 2,623,710 Shares.
3.33% of voting rights
Indirect - Bank of New York Nominees Limited - 2,374,490
Shares. 3.02% of voting rights
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:
------------------------------------------------------------- ------------------------------------
Disclosure based on Total
13. Additional information: voting rights of 78,714,832.
The indirect voting rights
held under (9) relate to
shares held in client portfolios
managed by Kestrel Partners
LLP under discretionary investment
management agreements
------------------------------------------------------------- ------------------------------------
14. Contact name: Ian Forrest
------------------------------------------------------------- ------------------------------------
15. Contact telephone number: 0203 371 6100
------------------------------------------------------------- ------------------------------------
Note: Annex should only be submitted to the FCA not
the issuer
Annex: Notification of major interests in share
A: Identity of the persons or legal entity subject to
the notification obligation
------------------------------------------------------------------------
Full name Kestrel Partners LLP
(including legal form of
legal entities)
------------------------------------ ----------------------------------
Contact address 1 Adam Street, London, WC2N
(registered office for legal 6LE
entities)
------------------------------------ ----------------------------------
Phone number & email 0203 371 6100
info@kestrelip.com
------------------------------------ ----------------------------------
Other useful information
(at least legal representative
for legal persons)
------------------------------------ ----------------------------------
B: Identity of the notifier, if applicable
------------------------------------------------------------------------
Full name Oliver Scott
------------------------------------ ----------------------------------
Contact address 1 Adam Street, London, WC2N
6LE
------------------------------------ ----------------------------------
Phone number & email 0203 371 6100
info@kestrelip.com
------------------------------------ ----------------------------------
Other useful information Investment Manager to (i)
(e.g. functional relationship Kestrel Opportunities, a
with the person or legal cell of Guernsey Portfolios
entity subject to the notification PCC Limited and (ii) the
obligation) Kestrel Inheritance Tax Solution
------------------------------------ ----------------------------------
C: Additional information
------------------------------------------------------------------------
For notes on how to complete form TR-1 please see the
FCA website.
This information is provided by RNS
The company news service from the London Stock Exchange
END
HOLUSASRBNANAAR
(END) Dow Jones Newswires
June 14, 2017 10:21 ET (14:21 GMT)
Castleton Technology (LSE:CTP)
Historical Stock Chart
From Apr 2024 to May 2024
Castleton Technology (LSE:CTP)
Historical Stock Chart
From May 2023 to May 2024
Real-Time news about Castleton Technology Plc (London Stock Exchange): 0 recent articles
More Castleton News Articles