30th Jun 2017 10:59
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 | Sportech plc | ||||
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 to thenotification obligation: iii | Highvern Trustees Limited
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4. Full name of shareholder(s) (if different from 3.):iv | Sulby Limited | ||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 28/06/2017 | ||||
6. Date on which issuer notified: | 28/06/2017 | ||||
7. Threshold(s) that is/are crossed orreached: vi, vii | 5.54% | ||||
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 | |||||||||||
Ord GBP 0.50
| 27,776,274 | 0 | 10,276,274 | 5.54% | |||||||||||
GB00B28ZPV64 | |||||||||||||||
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
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Nominal | Delta | ||||||||||||||
Total (A+B+C) | |||||||||||||||
Number of voting rights | Percentage of voting rights | ||||||||||||||
10,276,274 | 5.54% | ||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
Highvern Trustees Limited (5.54%) Sulby Limited (5.54%)
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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: | Highvern Trustees Limited, (formerly Coutts & Co Trustees (Jersey) Limited), owned by MNM Holdings Limited, in its capacity as trustee of a settlement, indirectly held 27,776,274, ordinary shares in Sportech Plc which are held directly by Sulby Limited, an undertaking controlled by Highvern. Newby Manor Ltd (a company ultimately owned by the family interests of Mr Trevor Hemmings) continues to have a notifiable interest in these shares under DTR 5.3(1) (b) (holdings of financial instruments with similar economic effecty to Qualifying Financial Instruments). This holding has decreased due to a sale of 17,500,000 shares.
This Notification is based upon the Voting Rights figure of 185,614,244 obtained from your regulatory announcement dated 31st March 2017 following the Tender Offer.
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14. Contact name: | Aileen Craig | |
15. Contact telephone number: | 01534 480613 | |
Related Shares:
SPO.L