Notification of Major Interest in Shares

RNS Number : 4503R

Mears Group PLC

08 March 2016

 

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:			MEARS 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:		Neptune Investment Management Limited
4. Full name of shareholder(s)  (if different from 3.):		n/a
5. Date of the transaction and date on which the threshold is crossed or reached:		7th March 2016
6. Date on which issuer notified:		8th March 2016
7. Threshold(s) that is/are crossed or reached:		Below 13%

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

Direct

Direct

Indirect

Direct

Indirect

GB0005630420

13,787,917

13,787,917

13,210,691

13,210,691

n/a

12.96%

n/a

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

n/a

n/a

n/a

n/a

n/a

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

n/a

n/a

n/a

n/a

n/a

Nominal

Delta

n/a

n/a

Total (A+B+C)

Number of voting rights

Percentage of voting rights

13,210,691

12.96%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
n/a
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:	Kieran Raymond
15. Contact telephone number:	020 3249 0197

 

END

 

 

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