Holding(s) in Company

RNS Number : 6466K

Driver Group plc

10 July 2017

 

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii			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				No
Other (please specify):				N/A
3. Full name of person(s) subject to the notification obligation: iii		River and Mercantile Asset Management LLP
4. Full name of shareholder(s)  (if different from 3.):iv		River and Mercantile Funds ICVC - River and Mercantile UK Equity Long Term Recovery Fund River and Mercantile UK Micro Cap Investment Company Ltd Both managed by River and Mercantile Asset Management LLP
5. Date of the transaction and date on which the threshold is crossed or reached: v		7 July 2017
6. Date on which issuer notified:		10 July 2017
7. Threshold(s) that is/are crossed or reached: vi, vii		5%

8. Notified details:

A: Voting rights attached to shares viii, ix

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 xi

Indirect xii

Direct

Indirect

GB00B0L9C092

2,504,000

2,504,000

3,029,000

3,029,000

5.6235%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

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 xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

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

3,029,000

5.6235%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Proxy Voting:
10. Name of the proxy holder:		River and Mercantile Asset Management 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:	Charlotte Williams / David Harris Compliance Department
15. Contact telephone number:	[phone]

 

END

 

 

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