29th Feb 2016 15:42
GKN PLC - Holding(s) in CompanyGKN PLC - Holding(s) in Company
PR Newswire
London, February 29
TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
GKN plc
2. Reason for the notification: (please state Yes/No):
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: No
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments: No
An event changing the breakdown of voting rights: No
Other (please specify): No
3. Full name of person(s) subject to the notification obligation:
Ameriprise Financial, Inc. and its group
4. Full name of shareholder(s) (if different from 3.):
Chase Nominees Ltd
The Bank of New York (Nominees) Ltd
BNP Paribas Nominees Pty Ltd
HSBC Global Custody Nominee (UK) Ltd
Nortrust Nominees Ltd
Roy Nominees
State Street Bank & Trust Boston
State Street Nominees Ltd
Vidacos Nominees Ltd
5. Date of the transaction and date on which the threshold is crossed or reached:
25 February 2016
6. Date on which issuer notified:
29 February 2016
7. Threshold(s) that is/are crossed or reached:
Below the threshold of 5%
8. Notified details:
A: Voting rights attached to shares
| Class/type of shares if possible using the ISIN CODE | Situation previous to the triggering transaction | Resulting situation after the triggering transaction | |||||
| Number of Shares | Number of Voting Rights | Number of shares | Number of voting rights | % of voting rights | |||
| Direct | Indirect | Direct | Indirect | ||||
| GB0030646508 | 92,187,230 | 92,187,230 | 1,066,199 | 1,066,199 | 81,858,430 | 0.062% | 4.776% |
| US3617556069 | 2,390 | 2,390 | 0 | 0 | 1,242 | 0.000% | 0.000% |
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
| Type of financial instrument | Expiration date | Exercise/Conversion period | Number of voting rights that may be acquired if the instrument is exercised/ converted | % of voting rights |
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
| Type of financial instrument | Exercise price | Expiration date | Exercise/Conversion period | Number of voting rights instrument refers to | % of voting rights | |
| Nominal | Delta | |||||
| CFD | 2,708,148 | 0.158% | ||||
Total (A+B+C)
| Number of voting rights | % of voting rights |
| 85,634,019 | 4.996% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Threadneedle Asset Management Limited (4.938%)
Columbia Management Investment Advisers, LLC (0.058%)
Columbia Management Investment Advisers, LLC is wholly owned by Ameriprise Financial, Inc.
Threadneedle Asset Management Limited is wholly owned by TC Financing Limited, which is itself wholly owned by Threadneedle Asset Management Holdings Limited, which is itself wholly owned by TAM UK Holdings Limited, which is itself wholly owned by Threadneedle Holdings Limited, which is itself wholly owned by Threadneedle Asset Management Holdings SARL, which is itself wholly owned by Ameriprise International Holdings GmbH, which is itself wholly owned by Ameriprise Financial, Inc.
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:
The Shares referred to in section 9 of this form are held in portfolios and funds managed on a discretionary basis by the entities set out in section 9.
Please note that the Shares are held through certain nominee companies.
14. Contact name: Katie Lewis
15. Contact telephone number: 01527 53 3383
Related Shares:
GKN PLC