Holding(s) in Company

RNS Number : 2647G
Mercantile Investment Trust(The)PLC
25 May 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

The Mercantile Investment Trust plc  

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights


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

YES

Other (please specify):



3. Full name of person(s) subject to the
notification obligation:
iii

Chase Nominees Limited

4. Full name of shareholder(s)
 (if different from 3.):iv

Chase Nominees Limited

5. Date of the transaction and date on
which the threshold is crossed or
reached:
v

24th May 2017

6. Date on which issuer notified:

24th May 2017

7. Threshold(s) that is/are crossed or
reached:
vi, vii

Below 3%



 

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 shares

GB0000342218

5,249,343

4,325,197

5,249,343


0


0%



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

0

0%



 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
xxi

Chase Nominees Limited announces that J.P. Morgan Trustee & Administration Services Limited no longer has a notifiable interest in 4,325,197 Ordinary shares. These shares are held on behalf of participants in the JPMorgan investment trust savings products.  J.P. Morgan Trustee & Administration Services Limited has a notifiable interest in these shares in certain circumstances and subject to certain limitations agreed with the Takeover Panel to ensure compliance with the Takeover Code. JPMorgan is entitled to exercise the voting rights attached to the Ordinary shares if the relevant plan participants do not do so.

 

JPMorgan was entitled to exercise the voting rights attached to these Ordinary shares in relation to the Company's Annual General Meeting held on 24th May 2017. This entitlement has now ceased following the conclusion of the Company's 2017 Annual General Meeting.


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:

Jonathan Latter

15. Contact telephone number:

020 7742 4000

 

 

 

 

 

 

 

 

 

 

Note: Annex should only be submitted to the FCA not the issuer

Annex: Notification of major interests in share


A: Identity of the persons or legal entity subject to the notification obligation

Full name

(including legal form of legal entities)

 

Chase Nominees Limited

Contact address

(registered office for legal entities)

 

25 Bank Street, London E14 5JP

Phone number & email

 

020 7742 4000

LC-EuropeanDOI@jpmorgan.com

Other useful information

(at least legal representative for legal persons)

 




B: Identity of the notifier, if applicable

Full name

 

JPMorgan Funds Limited

Contact address

 

60 Victoria Embankment EC4Y 0JP

Phone number & email

 

020 7742 4000

jonathan.latter@jpmorgan.com

Other useful information

(e.g. functional relationship with the person or legal entity subject to the notification obligation)



C: Additional information


For notes on how to complete form TR-1 please see the FCA website.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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