Holding(s) in Company

RNS Number : 9235N

Shanks Group PLC

31 July 2014

 



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:			SHANKS GROUP PLC
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights				YES
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached				NO
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments				NO
An event changing the breakdown of voting rights				NO
Other (please specify):				NO
3. Full name of person(s) subject to the notification obligation:		IMPAX ASSET MANAGEMENT GROUP plc
4. Full name of shareholder(s)  (if different from 3.):		IMPAX ASSET MANAGEMENT LTD IMPAX ASSET MANAGEMENT (AIFM) LTD FUNDS (ALL HOLDING <3%)
5. Date of the transaction and date on which the threshold is crossed or reached:		29/07/2014
6. Date on which issuer notified:		31/07/2014
7. Threshold(s) that is/are crossed or reached:		3%

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

Ordinary Shares GB0007995243 LN

12,176,760

12,176,760

11,926,760

N/A

11,926,760

N/A

2.9986%

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

NIL

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

NIL

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

11,926,760

2.9986%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
IMPAX ASSET MANAGEMENT LTD (FRN: 197008) HOLDS 1.6186% IN SHANKS GROUP PLC THROUGH VARIOUS FUNDS (ALL HOLDING <3%). IMPAX ASSET MANAGEMENT (AIFM) LTD (FRN: 613534) HOLDS 1.38% IN SHANKS GROUP PLC THROUGH ONE COMPANY (HOLDING <3%). BOTH IMPAX ENTITIES ARE 100% CONTROLLED BY THE OVERALL PARENT IMPAX ASSET MANAGEMENT GROUP plc WHICH HOLDS AGGREGATE CONTROL OF 2.9986% IN SHANKS GROUP PLC THROUGH ITS SUBSIDIARIES.
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:	Based on 397,741,042 issued ordinary shares
14. Contact name:	Mike Browning - Head of Compliance
15. Contact telephone number:	[phone]

 

END

 

 

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