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Holding(s) in Company

8th Feb 2016 16:52

RNS Number : 4324O
ITE Group PLC
08 February 2016
 

 

For filings with the FCA include the annex

For filings with issuer exclude the annex

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

ITE Group Plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

þ

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

Brandes Investment Partners, L.P.

4. Full name of shareholder(s)  (if different from 3.):iv

Various clients of Brandes Investment Partners, L.P.

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

05 February, 2016

6. Date on which issuer notified:

08 February, 2016

7. Threshold(s) that is/are crossed orreached: vi, vii

10.00%

 

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

GB0002520509

25,582,906 ORDs

None

None

25,600,722ORDs

None

10.01%

US4503641049

114,024

ADRs

114,024 ADRs

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

25,600,722 ORDs and 114,024 ADRs

10.01%

 

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

 

 

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:

Please note that the ADR number indicated in section 8A of this notification is the ORD equivalent number and takes into account the ADR conversion ratio of 1:4.

14. Contact name:

Adam Stutz

15. Contact telephone number:

+1 (858) 755-0239

 

For further information, please contact:

Full name:

 

Anneka Milham

Contact Address:

ITE Group plc

105 Salusbury Road, London. NW6 6RG

 

Phone Number:

020 7596 5139

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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