TIDMNXT

RNS Number : 8507H

Next PLC

12 June 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (i) 
----------------------------------------------------- 
 1. Identity of the issuer or the            Next plc 
  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     No 
  which may result in the acquisition of shares already 
  issued to which voting rights are attached 
-----------------------------------------------------------------  ---- 
 An acquisition or disposal of instruments with similar             No 
  economic effect to qualifying financial instruments 
-----------------------------------------------------------------  ---- 
 An event changing the breakdown of voting rights                   No 
-----------------------------------------------------------------  ---- 
 Other (please                                                      No 
  specify): 
---------------------------------------------------------------    ---- 
 
 
 
 3. Full name of person(s) subject      Invesco Ltd. 
  to the notification obligation: 
  (iii) 
-------------------------------------  ------------- 
 4. Full name of shareholder(s) 
  (if different from 3.): (iv) 
-------------------------------------  ------------- 
 5. Date of the transaction and date    9 June 2017 
  on which the threshold is crossed 
  or reached: (v) 
-------------------------------------  ------------- 
 6. Date on which issuer notified:      12 June 2017 
-------------------------------------  ------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                        10% 
-------------------------------------  ------------- 
 
 
 8. Notified details: 
--------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
--------------------------------------------------------------------------------------------------- 
 Class/type       Situation previous        Resulting situation after the triggering 
  of               to the triggering         transaction 
  shares           transaction 
 
  GB0032089863 
---------------  ------------------------  -------------------------------------------------------- 
                  Number       Number       Number       Number of voting      % of voting rights 
                   of           of           of shares    rights                (x) 
                   Shares       Voting 
                                Rights 
---------------  -----------  -----------  -----------  --------------------  --------------------- 
                                            Direct       Direct   Indirect     Direct     Indirect 
                                                          (xi)     (xii) 
---------------  -----------  -----------  -----------  -------  -----------  ---------  ---------- 
                  14,444,872   14,444,872                         14,747,784              10.02% 
---------------  -----------  -----------  -----------  -------  -----------  ---------  ---------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------- 
 Type of financial   Expiration     Exercise/       Number of voting         % of voting 
  instrument          date (xiii)    Conversion      rights that              rights 
                                     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 
------------------------  ---------------------------- 
  14,747,784               10.02% 
------------------------  ---------------------------- 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
--------------------------------------------------------------------------- 
 
   Invesco Advisers, Inc. - 4,522,130 
   Invesco Asset Management Limited - 10,050,794 
   Invesco Asset Management Japan Limited - 2,715 
   Invesco Investment Advisers, LLC - 156,222 
   Invesco PowerShares Capital Management - 15,923 
--------------------------------------------------------------------------- 
 
 
 Proxy Voting: 
--------------------------------------------------------- 
 10. Name of the proxy holder:          Invesco (UK) Ltd. 
------------------------------------  ------------------- 
 11. Number of voting rights proxy      N/A 
  holder will cease to hold: 
------------------------------------  ------------------- 
 12. Date on which proxy holder will    N/A 
  cease to hold voting rights: 
------------------------------------  ------------------- 
 
 
 13. Additional information: 
-------------------------------  ----------------- 
 14. Contact name:                 Philippa Holmes 
-------------------------------  ----------------- 
 15. Contact telephone number:     01491 417 000 
-------------------------------  ----------------- 
 

LEI: 213800WQD8ECPZP9PH98

This information is provided by RNS

The company news service from the London Stock Exchange

END

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June 12, 2017 10:19 ET (14:19 GMT)

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