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Holding(s) in Company

7th Apr 2017 11:42

RNS Number : 9487B
Sportech PLC
07 April 2017
 

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

 

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

05/04/2017

6. Date on which issuer notified:

07/04/2017

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

14.19%

 

 

 

 

 

 

 

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

 

29,526,274

0

29,276,274

14.19%

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

 

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

29,526,274

14.19%

 

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

 

Highvern Trustees Limited 14.19%

Sulby Limited 14.19%

 

 

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 holds 29,526,274 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 Notification is based upon the Voting Rights figure of 206,238,048 obtained from your regulatory announcement dated 19th March 2015.

 

 

14. Contact name:

Fiona Whitehead

15. Contact telephone number:

01534 282523

 

 

 

 

 

 

 

 

 

 

 

 

 

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

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