Notifiable Interest

RNS Number : 1472O

Walker Greenbank PLC

02 November 2016

 

For immediate release

2 November 2016

WALKER GREENBANK PLC

 ("the Company")

Notifiable Interest

A form TR-1 containing the following information has been received by the Company.

TR-1 notification of major interests in shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

WALKER GREENBANK PLC

2. Reason for the notification

An acquisition or disposal of voting rights

An event changing the breakdown of voting rights

Type 1 Disclosure as per the Transparency Directive II Regulation

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

Schroders Plc

Schroder Investment Management Limited

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

N/A

5. Date of the transaction (and date on which the threshold is crossed or reached if different):

28^th October 2016

6. Date on which issuer notified:

31^st October 2016

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

i.                Schroders Plc from 13% - 12%

ii.                Schroder Investment Management Limited from 13% - 11%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares if possible using ISIN CODE	Situation previous to Triggering transaction		Resulting situation after the triggering transaction Notification required under DTR transitional provision 7
	Number of Shares	Number of Voting Rights	Number of shares	Number of voting rights		% of voting rights
			Direct	Direct	Indirect	Direct	Indirect
GB0003061511	8,377,669	8,377,669	8,626,066	N/A	8,626,066	N/A	12.402%

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 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	% of voting rights
8,626,066	12.402%

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

Schroder Investment Management Limited                       8,264,269          11.882%

Schroder & Co Limited                                                   361,797 0.52%

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:

14. Contact name:

CAROLINE GEARY - COMPANY SECRETARY

15. Contact telephone number:

0844 543 4668

Enquiries:

Walker Greenbank PLC	[phone]
John Sach, Chief Executive
Mike Gant, Chief Financial Officer
Caroline Geary, Company Secretary
Investec Bank plc	[phone]
Garry Levin / David Anderson - Nominated Adviser
Henry Reast - Corporate Broking
Buchanan Communications	[phone]
Mark Court / Sophie Cowles / Catriona Flint

 

END

 

 

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