17th Mar 2015 10:18
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 | Costain Group 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 | Mohammed Abdulmohsin Al-Kharafi & Sons Company for General Trading, General Contracting and Industrial Structures WLL | ||||
4. Full name of shareholder(s) (if different from 3.):iv | BBHISL Nominees Limited (designation 125688) | ||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 16 March 2015 | ||||
6. Date on which issuer notified: | 16 March 2015 | ||||
7. Threshold(s) that is/are crossed orreached: vi, vii | 10%, 9% and 8% | ||||
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 50p SHARES GB00B64NSP76 | 10,429,490 | 10,429,490 | 7,339,490 | 7,339,490 | 7.25% | ||||||||||
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 | ||||||||||||||
7,339,490 | 7.25% | ||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
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Proxy Voting: | ||
10. Name of the proxy holder: | ||
11. Number of voting rights proxy holder will ceaseto hold: | ||
12. Date on which proxy holder will cease to holdvoting rights: | ||
13. Additional information: | (a) In accordance with DTR 3.1.2R, Mohammed Abdulmohsin Al-Kharafi & Sons Company for General Trading, General Contracting and Industrial Structures WLL are deemed to be a connected person of Mr Ahmed Samy, a non-executive director of Costain Group PLC (b) 3,090,000 shares were sold at 305p per share (c) The transaction was carried out in London | |
14. Contact name: | Ahmed Samy | |
15. Contact telephone number: | +(965)-2483 0025 | |
Related Shares:
Costain