15th Jun 2017 17:40
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi |
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | Flowgroup plc | ||||
2 Reason for the notification (please tick the appropriate box or boxes): | |||||
An acquisition or disposal of voting rights | P | ||||
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 to thenotification obligation: iii | Palm Active Partners LLC | ||||
4. Full name of shareholder(s) (if different from 3.):iv | Disclosure on behalf of accounts managed on a discretionary basis by Palm Palm Active Partners. Palm Global Small Cap Master Fund LP : 22,900,000 Palm Active Energy LP: 63,000,000 Provincial Housing Estates Ltd: 5,000,000 | ||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 13/06/2017 | ||||
6. Date on which issuer notified: | 15/06/2017 | ||||
7. Threshold(s) that is/are crossed orreached: vi, vii | 3%, 4%, 5%, 6% | ||||
8. Notified details: | ||||||||||||||||
A: Voting rights attached to shares viii, ix | ||||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | ||||||||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | ||||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | ||||||||||||
GB00B19H7076 | 90,900,000 | 6.39% | ||||||||||||||
B: Qualifying Financial Instruments | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | ||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to
| % of voting rights xix, xx
| |||||||||||
| Nominal | Delta | ||||||||||||||
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
90,900,000 | 6.39% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
See section 4 | ||
Proxy Voting: | ||
10. Name of the proxy holder: | n/a | |
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: | Figures are based on a total number of voting rights of 1,423,583,793 as per the Company's fundraising of £29 million & Result of General Meeting Announcement of 12 June 2017.
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14. Contact name: | Craig Connors | |
15. Contact telephone number: | +1 203 302 7023 | |
Related Shares:
Flowgroup