UTW Utilitywise

TIDMUTW

RNS Number : 3826K

Utilitywise plc

24 June 2014

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or the underlying                                 Utilitywise 
  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) subject                    Woodford Investment Management LLP 
  to the 
  notification obligation: (iii) 
------------------------------------------  -------------------------------------------- 
 4. Full name of shareholder(s)                    State Street as custodian for several 
  (if different from 3.):(iv)                                     St James's Place funds 
                                                    Norrthern Trust as custodian for the 
                                                          CF Woodford Equity Income Fund 
------------------------------------------  -------------------------------------------- 
 5. Date of the transaction and date                                            20/06/14 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
------------------------------------------  -------------------------------------------- 
 6. Date on which issuer notified:                                              23/06/14 
------------------------------------------  -------------------------------------------- 
 7. Threshold(s) that is/are crossed                                       10% -13% inc. 
  or 
  reached: (vi, vii) 
------------------------------------------  -------------------------------------------- 
 
 
 
 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 
 
 if possible 
 using 
 the ISIN 
 CODE 
-------------  -------------------------------------  ------------------------------------------------------------------ 
                Number            Number               Number     Number of voting         % of voting rights 
                 of                of                  of          rights                   (x) 
                 Shares            Voting              shares 
                                   Rights 
-------------  ----------------  -------------------  ---------  -----------------------  ------------------------------ 
                                                       Direct     Direct      Indirect     Direct           Indirect 
                                                                   (xi)        (xii) 
-------------    -----  -------  ------  -----  ----  ---------  ----------  -----------  ---------------  ------------- 
 GB00B6WVD707 
  ord 0.1p      6,469,512                                                     10,012,532                    13.82 
               ----------------  -------------------  ---------  ----------  -----------  ---------------  ------------- 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------ 
 Type of financial       Expiration       Exercise/                    Number of voting               % of voting 
  instrument              date (xiii)      Conversion Period            rights that may                rights 
                                           (xiv)                        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 rights 
 financial         price           date (xvii)    Conversion       rights instrument             (xix, xx) 
 instrument                                       period           refers to 
                                                  (xviii) 
---------------  --------------  -------------  ---------------  ----------------------------  ------------------------- 
                                                                                                Nominal        Delta 
---------------  --------------  -------------  ---------------  ----------------------------  -------------  ---------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                                        Percentage of voting rights 
-------------------------------------------------------------  --------------------------------------------------------- 
          10,012,532                                            13.82 
-------------------------------------------------------------  --------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
-------------------------------------------------------------------------------- 
 
        Woodford Investment Management LLP is the investment manager for certain 
           St James's Place funds and the CF Woodford Equity Income Fund, and as 
          such is entitled to exercise the voting rights attached to the shares. 
 
 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:                                                    Gray Smith 
----------------------------------------  -------------------------------------- 
 15. Contact telephone number:                                      01865 809003 
----------------------------------------  -------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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