Severfield PLC Holding(s) in Company (0857K)
16 September 2016 - 9:16PM
UK Regulatory
TIDMSFR
RNS Number : 0857K
Severfield PLC
16 September 2016
For filings with the FSA
include the annex
For filings with issuer exclude
the annex
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
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1. Identity of the issuer or SEVERFIELD 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):
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An acquisition or disposal of voting rights YES
---------------------------------------------------------- ---------------------------
An acquisition or disposal of qualifying financial NO
instruments which may result in the acquisition
of shares already issued to which voting rights
are attached
---------------------------------------------------------- ---------------------------
An acquisition or disposal of instruments with NO
similar economic effect to qualifying financial
instruments
---------------------------------------------------------- ---------------------------
An event changing the breakdown of voting rights NO
---------------------------------------------------------- ---------------------------
Other (please N/A
specify):
-------------------------------------------------------- ---------------------------
3. Full name of person(s) River and Mercantile Asset
subject to the Management LLP
notification obligation:
(iii)
--------------------------------------------------------- ----------------------------
4. Full name of shareholder(s)
(if different from 3.):(iv)
--------------------------------------------------------- ----------------------------
5. Date of the transaction 14(th) September 2016
and date on
which the threshold is
crossed or
reached: (v)
--------------------------------------------------------- ----------------------------
6. Date on which issuer 16(th) September 2016
notified:
--------------------------------------------------------- ----------------------------
7. Threshold(s) that is/are
crossed or
reached: (vi, vii) 5%
--------------------------------------------------------- ----------------------------
8. Notified details:
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A: Voting rights attached to shares (viii, ix)
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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)
------------- ----------- ----------- ------------- ------------- ------------ ------------ -----------
GB00B27YGJ97 14,908,985 5.0114% 14,852,001 14,852,001 NA 4.99% NA
--------------- --------------- ------------- ------------- ------------ ------------ -----------
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.
----------------- ------------- ------------------------------ ----------------------------- ---------------------
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)
--------------- ------------- ------------- --------------- ----------------------------- -----------------------
Nominal Delta
--------------- ------------- ------------- --------------- ----------------------------- ------------ ---------
Total (A+B+C)
----------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
------------------------------------------------- -------------------------------------------------------------------
14,852,001 4.99%
------------------------------------------------- -------------------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
---------------------------------------------------------------
Proxy Voting:
---------------------------------------------------------------
10. Name of the proxy holder: River and Mercantile
Asset Management LLP
--------------------------------------- ----------------------
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: Compliance
Theo Mefsut
--------------------------------------- ----------------------
15. Contact telephone number: +44 (0) 20 7601 6264
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
September 16, 2016 07:16 ET (11:16 GMT)