Plus500 Limited Holding(s) in Company (0049W)
03 February 2017 - 10:41PM
UK Regulatory
TIDMPLUS
RNS Number : 0049W
Plus500 Limited
03 February 2017
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
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1. Identity of the issuer or PLUS500 Ltd
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 X
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An acquisition or disposal of qualifying financial
instruments which may result in the acquisition
of shares already issued to which voting rights
are attached
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An acquisition or disposal of instruments with X
similar economic effect to qualifying financial
instruments
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An event changing the breakdown of voting rights
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Other (please
specify):
--------------------------------------------------------- -------- --------------------------
3. Full name of person(s) ODEY ASSET MANAGEMENT LLP
subject to the
notification obligation:
(iii)
----------------------------------------------------------- ----------------------------------
4. Full name of shareholder(s)
(if different from 3.):(iv)
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5. Date of the transaction 02 FEBRUARY 2017
and date on
which the threshold is
crossed or
reached: (v)
----------------------------------------------------------- ----------------------------------
6. Date on which issuer 03 FEBRUARY 2017
notified:
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7. Threshold(s) that is/are ABOVE 24%
crossed or
reached: (vi, vii)
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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)
--------------- ----------- ----------- ------------- ------------- ----------- ------------ -----------
Ordinary
Share
(IL0011284465) 10,650,738 10,650,738 10,585,738 10,585,738 9.21%
--------------- --------------- --------------- ------------- ------------- ----------- ------------ -----------
B: Qualifying Financial Instruments
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Resulting situation after the triggering transaction
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Type of financial Expiration Exercise/ Number of voting % of voting
instrument date Conversion rights that rights
(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)
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Resulting situation after the triggering transaction
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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)
----------------- ------------- ------------- --------------- ---------------------------- -----------------------
Contract 17,378,990 Nominal Delta
for Difference
(CFD)
----------------- ------------- ------------- --------------- ---------------------------- ------------ ---------
15.13%
--------------- ----------- ----------- ----------- ----------- ----------- ------------ ---------
Total (A+B+C)
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Number of voting rights Percentage of voting rights
--------------------------------------------------- ------------------------------------------------------------------
27,964,728 24.34%
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9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
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CF Odey Absolute Return Fund holds 13.43% (split between
2.02% in Ordinary Shares and 11.42% in CFDs). All other
funds hold less than 3%.
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:
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13. Additional information:
------------------------------------------------------------- -------------
14. Contact name: FERGUS LEE
------------------------------------------------------------- -------------
15. Contact telephone number: 020 72081400
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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February 03, 2017 06:41 ET (11:41 GMT)