Holding(s) in Company

RNS Number : 1990Z

Sportech PLC

10 March 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		Sportech 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: ⁱⁱⁱ	Highvern Trustees Limited
4. Full name of shareholder(s) (if different from 3.):^iv	Sulby Limited
5. Date of the transaction and date on which the threshold is crossed or reached: ^v	09/03/2017
6. Date on which issuer notified:	09/03/2017
7. Threshold(s) that is/are crossed or reached: ^{vi, vii}	16.8%

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

Ord GBP 0.50

34,861,010

34,611,010

16.8%

GB00B28ZPV64

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

34,611,010

16.8%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: ^xxi
Highvern Trustees Limited (16.8%) Sulby Limited (16.8%)

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:	Highvern Trustees Limited, (formerly Coutts & Co Trustees (Jersey) Limited), owned by MNM Holdings Limited, in its capacity as trustee of a settlement, indirectly holds 34,611,010 ordinary shares in Sportech Plc which are held directly by Sulby Limited, an undertaking controlled by Highvern. Newby Manor Ltd (a company ultimately owned by the family interests of Mr Trevor Hemmings) continues to have a notifiable interest in these shares under DTR 5.3(1) (b) (holdings of financial instruments with similar economic effecty to Qualifying Financial Instruments). This Notification is based upon the Voting Rights figure of 206,238,048 obtained from your regulatory announcement dated 19^th March 2015.
14. Contact name:	Fiona Whitehead
15. Contact telephone number:	01534 282523