Holding(s) in Company

RNS Number : 4705Z

Driver Group plc

14 March 2017

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:			Driver Group plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights				Yes
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached				No
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments				No
An event changing the breakdown of voting rights				Yes
Other (please specify):				N/A
3. Full name of person(s) subject to the notification obligation:		Livingbridge VC LLP
4. Full name of shareholder(s)  (if different from 3.):		Baronsmead Venture Trust plc - 4.09% Baronsmead Second Venture Trust plc - 5.50% Wood Street Microcap Investment Fund - 5.15%
5. Date of the transaction and date on which the threshold is crossed or reached:		10/03/2017
6. Date on which issuer notified:		14/03/2017
7. Threshold(s) that is/are crossed or reached:		15%

 

8. Notified details:

A: Voting rights attached to shares

Class/type of shares if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of  voting rights x

Direct

Direct

Indirect

Direct

Indirect

Ord GBP0.4 GB00B0L9C092

5,115,805

15.92%

7,865,805

14.74%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ Conversion Period

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

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

7,865,805

14.74%

 

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Livingbridge VC LLP Baronsmead Venture Trust plc Baronsmead Second Venture Trust plc Registered in the name of JP Morgan Livingbridge VC LLP Wood Street Microcap Investment Fund Registered in the name of Bank of New York Mellon
Proxy Voting:
10. Name of the proxy holder:		Livingbridge VC LLP
11. Number of voting rights proxy holder will cease to hold:		N/A
12. Date on which proxy holder will cease to hold voting rights:		N/A
13. Additional information:
14. Contact name:	Karen Huxley
15. Contact telephone number:	020 7506 5643

 

END

 

 

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