13th Dec 2016 16:59
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES | ||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: | SHANKS GROUP PLC | |||
2 Reason for the notification (please tick the appropriate box or boxes): | ||||
An acquisition or disposal of voting rights | ||||
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 - see box 9 | √ | |||
Other (please specify): | ||||
3. Full name of person(s) subject to thenotification obligation: | STERLING STRATEGIC VALUE LIMITED (TO BE RENAMED STERLING STRATEGIC VALUE FUND S.A. WITH EFFECT FROM 1 JANUARY 2017) | |||
4. Full name of shareholder(s) (if different from 3.): | ||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: | December 12, 2016 | |||
6. Date on which issuer notified: | December 13, 2016 | |||
7. Threshold(s) that is/are crossed orreached: | Voting rights of Sterling Strategic Value Limited unchanged - above 4% | |||
8. Notified details: | ||||||||||||||||
A: Voting rights attached to shares | ||||||||||||||||
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 | ||||||||||||
Direct | Direct | Indirect | Direct | Indirect | ||||||||||||
Ordinary shares | 25,925,000 | 25,925,000 | 25,925,000 | 25,925,000 | 4.2530% | |||||||||||
GB0007995243 | ||||||||||||||||
B: Qualifying Financial Instruments | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Expirationdate | Exercise/Conversion Period | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | ||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Exercise price | Expiration date | Exercise/Conversion period | Number of voting rights instrument refers to
| % of voting rights
| |||||||||||
| Nominal | Delta | ||||||||||||||
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
25,925,000 | 4.2530% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: | ||
Until 12 December 2016, Gritlot Limited controlled the majority of voting rights of Sterling Strategic Value Limited. Dr. Tito Tettamanti controls 100% of the voting rights of Gritlot Limited. With effect from 12 December 2016 Gritlot Limited ceased to be a controlling shareholder of Sterling Strategic Value Limited. Therefore, with effect from 12 December 2016, neither Dr. Tito Tettamanti nor Gritlot Limited has a notifiable indirect interest in Shanks Group Plc. | ||
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: | This disclosure has been calculated based on issued share capital amount of 609,569,991 | |
14. Contact name: | Fabien Tardito | |
15. Contact telephone number: | +377.93.10.61.40 | |
Related Shares:
Renewi Plc