Holding(s) in Company

RNS Number : 3800P

Shanks Group PLC

16 November 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:			SHANKS GROUP 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
Other (please specify):
3. Full name of person(s) subject to the notification obligation:		STERLING STRATEGIC VALUE LIMITED
4. Full name of shareholder(s)  (if different from 3.):
5. Date of the transaction and date on which the threshold is crossed or reached:		November 15, 2016
6. Date on which issuer notified:		November 16, 2016
7. Threshold(s) that is/are crossed or reached:		4%

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

24,075,000

24,075,000

24,812,000

24,812,000

4.0715%

GB0007995243

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

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

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

24,812,000

4.0715%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Dr. Tito Tettamanti - Via San Michele 4, CH-6976 Castagnola - controls 100% of the voting rights of Gritlot Limited - Clinch's House, Lord Street, Douglas, IM99 1RZ, Isle of Man - which controls the majority 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 plc.
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:	This disclosure has been calculated based on issued share capital amount of 609,407,199
14. Contact name:	Fabien Tardito
15. Contact telephone number:	+377.93.10.61.40

 

END

 

 

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