Holding(s) in Company

RNS Number : 0754A

Filtronic PLC

16 January 2020

 

Filtronic plc

(the "Company")

HOLDINGS IN COMPANY

Filtronic plc (AIM: FTC), the designer and manufacturer of products for the wireless telecoms and critical communications markets, announces that the Company has received a TR1 notification from Legal & General Group Plc informing us their direct holding has reduced to 4.54%. Their overall direct and indirect holding has subsequently reduced to 7.40%. The TR1 notification received is attached to this announcement.

Enquiries:

Filtronic plc	Tel. [phone] or [e-mail]
Reg Gott (Executive Chairman)
Michael Tyerman (Finance Director)
Maura Moynihan (Company Secretary)
finnCap Ltd	Tel. [phone]
Jonny Franklin-Adams/Hannah Boros (Corporate Finance)
Alice Lane/Sunila de Silva (ECM)
Walbrook PR Limited	Tel. [phone] or [e-mail]
Paul Vann

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:			Filtronic Plc 213800PDQ9V2ZNCDO264
1b. Please indicate if the issuer is a non-UK issuer  (please mark with an "X" if appropriate)
Non-UK issuer
2. Reason for the notification (please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights						X
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify)iii:
3. Details of person subject to the notification obligationiv
Name			Legal & General Group Plc (Group)
City and country of registered office (if applicable)			1 Coleman St, London EC2R 5AA
4. Full name of shareholder(s) (if different from 3.)v
Name			Legal & General Assurance Society (LGAS) Legal & General Assurance (Pensions Management) Limited (PMC)
City and country of registered office (if applicable)			1 Coleman St, London EC2R 5AA
5. Date on which the threshold was crossed or reachedvi:			14 January 2020
6. Date on which issuer notified (DD/MM/YYYY):			15 January 2020
7. Total positions of person(s) subject to the notification obligation
	% of voting rights attached to shares (total of 8. A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)		Total of both in % (8.A + 8.B)	Total number of voting rights of issuervii
Resulting situation on the date on which threshold was crossed or reached	4.54%	-		4.54%	212,548,416
Position of previous notification (if applicable)	5.99%	-		5.99%

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)		Number of voting rightsix					% of voting rights
		Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)		Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)			Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)		Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)
ORD GBP 0.001 (L&G)		9,650,075		-			4.54%		-
SUBTOTAL 8. A		9,650,075					4.54%
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
Type of financial instrument		Expiration datex	Exercise/ Conversion Periodxi			Number of voting rights that may be acquired if the instrument is exercised/converted.			% of voting rights
			SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of financial instrument	Expiration datex		Exercise/ Conversion Period xi		Physical or cash settlementxii			Number of voting rights	% of voting rights
					SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)				x
Namexv	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
Legal & General Group (Direct/Indirect)	7.40%		7.40%
Legal & General Investment Management (Holdings) Limited (Direct/Indirect)	7.40%		7.40%
Legal & General Group (Direct)	4.54%		4.54%
Legal & General Assurance Society (Direct)	3.57%		3.57%
Legal & General Group (Direct/Indirect)	7.40%		7.40%
Legal & General Investment Management (Holdings) Limited (Direct/Indirect)	7.40%		7.40%
Legal & General Group (Direct)	4.54%		4.54%
Legal & General Assurance (Pensions Management) Limited (Direct)	Below 3%		Below 3%
Legal & General Group (Direct/Indirect)	7.40%		7.40%
Legal & General Investment Management (Holdings) Limited (Direct/Indirect)	7.40%		7.40%
Legal & General Investment Management Limited (Indirect)	7.40%		7.40%
Legal & General Group (Direct/Indirect)	7.40%		7.40%
Legal & General Group (Direct/Indirect)	7.40%		7.40%
Legal & General Investment Management (Holdings) Limited (Direct/Indirect)	7.40%		7.40%
Legal & General (Unit Trust Managers) Limited (Indirect)	Below 5%		Below 5%
Legal & General Group (Direct/Indirect)	7.40%		7.40%
Legal & General Investment Management (Holdings) Limited (Direct/Indirect)	7.40%		7.40%
Go ETF Solutions	Below 5%		Below 5%
10. In case of proxy voting, please identify:
Name of the proxy holder		N/A
The number and % of voting rights held		N/A
The date until which the voting rights will be held		N/A
11. Additional informationxvi
Notification using the total voting rights figure of  212,548,416

Place of completion	Brunel House, 2 Fitzalan Road, Cardiff, CF24 0EB
Date of completion	15/01/2020

 

END

 

 

HOLFLFESLSIRLII