Holding(s) in Company

RNS Number : 9994J

Frenkel Topping Group PLC

15 September 2016

 

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			Frenkel Topping Group 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 the notification obligation: iii		Michael Alan Spencer IPGL (Holdings) Limited IPGL Limited Intercapital Brokerage Services Ltd Incap Finance BV
4. Full name of shareholder(s)  (if different from 3.):iv		Incap Finance BV (4,888,773 shares) IPGL Limited (3,087,772 shares)
5. Date of the transaction and date on which the threshold is crossed or reached: v		15 September 2016
6. Date on which issuer notified:		15 September 2016
7. Threshold(s) that is/are crossed or reached: vi, vii		8%, 9%, and 10% in relation to all parties subject to the notification obligation

 

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

Ordinary

5,976,545

5,976,545

0

0

7,976,545

0

10.40

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

7,976,545

10.40

 

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Incap Finance BV is a wholly owned subsidiary of Incap Netherlands (Holdings) BV.  Incap Netherlands (Holdings) BV is owned as to 34.30% by IPGL Limited and as to 65.70% by Intercapital Brokerage Services Ltd.  Intercapital Brokerage Services Ltd is a wholly owned subsidiary of IPGL Limited. IPGL Limited is a wholly owned subsidiary of IPGL (Holdings) Limited.  Mr Spencer holds a majority of the voting rights in IPGL (Holdings) Limited.
Proxy Voting:
10. Name of the proxy holder:		N/A
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:	N/A
14. Contact name:	Tom Scarborough
15. Contact telephone number:	[phone]

 

END

 

 

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