TIDMSKS

RNS Number : 6027J

Shanks Group PLC

12 September 2016

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
------------------------------------------------------------------------------------------ 
 
 1. Identity of the issuer or                           SHANKS GROUP PLC 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: 
-----------------------------------------------------  ----------------------------------- 
 2 Reason for the notification: 
------------------------------------------------------------------------------------------ 
 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)                              Aberforth Partners LLP 
  subject to the 
  notification obligation: 
-----------------------------------------------------  ----------------------------------- 
 4. Full name of shareholder(s)                         1.Aberforth Smaller Companies 
  (if different from 3.):                                Trust plc - 26,060,180 shares 
                                                         2.Aberforth UK Small Companies 
                                                         Fund - 4,286,876 shares 
                                                         3.Aberforth Geared Income 
                                                         Trust plc - 7,567,700 shares 
 
                                                         All shares are registered 
                                                         in the name of Nortrust Nominees 
                                                         Ltd 
-----------------------------------------------------  ----------------------------------- 
 5. Date of the transaction                             09/09/16 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
-----------------------------------------------------  ----------------------------------- 
 6. Date on which issuer                                12/09/16 
  notified: 
-----------------------------------------------------  ----------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached:                                              10% 
-----------------------------------------------------  ----------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
---------------------------------------------------------------------------------------------------------------------- 
 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 
                 Shares            Voting                            rights 
                                   Rights 
-------------  ----------------  ----------------  --------------  ------------------------  ------------------------- 
                                                    Direct          Direct     Indirect       Direct        Indirect 
-------------      ------------    ------------    --------------  ---------  -------------  ------------  ----------- 
   Ordinary 
    shares        40,320,249        40,320,249       37,914,756       N/A       37,914,756        N/A         9.52% 
               ----------------  ----------------  --------------  ---------  -------------  ------------  ----------- 
 GB0007995243 
-------------      ------------    ------------      ------------    -------  -------------      --------    --------- 
 
 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                          Period                            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 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise        Expiration      Exercise/         Number of voting            % of voting 
 financial         price          date            Conversion         rights instrument           rights 
 instrument                                       period             refers to 
---------------  --------------  --------------  ----------------  --------------------------  ----------------------- 
 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 
---------------------------------------------------  ----------------------------------------------------------------- 
 37,914,756                                           9.52% 
---------------------------------------------------  ----------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
--------------------------------------------------------------------------------- 
 
   Held by Aberforth Partners LLP 
 
 Proxy Voting: 
--------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
                                                          N/A 
-----------------------------------------------------  -------------------------- 
 11. Number of voting rights proxy 
  holder will cease                                       N/A 
  to hold: 
-----------------------------------------------------  -------------------------- 
 12. Date on which proxy holder will 
  cease to hold                                           N/A 
  voting rights: 
-----------------------------------------------------  -------------------------- 
 
 13. Additional information: 
-----------------------------------------------------  -------------------------- 
 14. Contact name:                                      Pauline Robson, Aberforth 
                                                         Partners LLP 
-----------------------------------------------------  -------------------------- 
 15. Contact telephone number:                          0131 220 0733 
-----------------------------------------------------  -------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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