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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
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1. Identity of the issuer or the underlying issuer |
SHANKS GROUP PLC |
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2 Reason for the notification (please tick the appropriate box or boxes): |
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An acquisition or disposal of voting rights |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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An event changing the breakdown of voting rights |
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Other (please specify): |
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3. Full name of person(s) subject to the |
STERLING STRATEGIC VALUE LIMITED |
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4. Full name of shareholder(s) |
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5. Date of the transaction and date on |
July 2, 2013 |
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6. Date on which issuer notified: |
July 4, 2013 |
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7. Threshold(s) that is/are crossed or |
4% |
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8. Notified details: |
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A: Voting rights attached to shares |
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Class/type of
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Situation previous |
Resulting situation after the triggering transaction |
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Number |
Number |
Number |
Number of voting |
% of voting rights |
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Direct |
Direct |
Indirect |
Direct |
Indirect |
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Ordinary shares |
14,590,000 |
14,590,000 |
16,390,000 |
16,390,000 |
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4.123% |
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GB0007995243 |
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B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial |
Expiration |
Exercise/ |
Number of voting |
% of voting |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial |
Exercise price |
Expiration date |
Exercise/ |
Number of voting rights instrument refers to
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% of voting rights |
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Nominal |
Delta |
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Total (A+B+C) |
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Number of voting rights |
Percentage of voting rights |
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16,390,000 |
4.123% |
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9. Chain of controlled undertakings through which the voting rights and/or the |
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Dr. Tito Tettamanti - Via San Michele 4, CH-6976 Castagnola - controls 100% of the voting rights of Gritlot Limited - Basement Store/Office, 3 Kingswood Grove, Douglas IM1 3LY, Isle of Man - which controls 100% of the voting rights of Sterling Strategic Value Limited - Vanterpool Plaza, 2nd Floor, Wickhams Cay 1 Road Town, Tortola, British Virgin Islands - which holds shares in Shanks Group plc. |
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Proxy Voting: |
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10. Name of the proxy holder: |
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11. Number of voting rights proxy holder will cease to hold: |
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12. Date on which proxy holder will cease to hold voting rights: |
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13. Additional information: |
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14. Contact name: |
Fabien Tardito |
15. Contact telephone number: |
+377.93.10.61.40 |