Holding(s) in Company

RNS Number : 0317E

Science in Sport PLC

03 May 2017

 

SCIENCE IN SPORT PLC

("SiS" or the "Company")

The Company today announces that following the issue of 2,238,029 new ordinary shares to its Employee Benefit Trust to satisfy future obligations in respect of awards under its long term incentive plan ("LTIP") and short term incentive plan ("STIP"), as announced on 23 March 2017, the Company has been notified by Regal Trustees Limited, the Company's Employee Benefit Trust, that it now holds 4,390,921 ordinary shares, representing 9.63 per cent. of the issued share capital of the Company.

A copy of the TR-1 notification of major interest in shares is set out below:

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		SCIENCE IN SPORT 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): The Company has issued a total of 2,238,029 ordinary shares ("New Shares") to its Employee Benefit Trust to satisfy future obligations in respect of awards under its long term incentive plan ("LTIP") and short term incentive plan ("STIP").			X
3. Full name of person(s) subject to the notification obligation: iii	REGAL TRUSTEES LIMITED (EMPLOYEE BENEFIT TRUST)
4. Full name of shareholder(s)  (if different from 3.):iv
5. Date of the transaction and date on which the threshold is crossed or reached: v	30 MARCH 2017
6. Date on which issuer notified:	2 MAY 2017
7. Threshold(s) that is/are crossed or reached: vi, vii	5%, 6%, 7%, 8%, 9%

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

ORDINARY 10P ISIN: GB00BBPV5329

2,152,892

2,152,892

4,390,921

4,390,921

-

9.63

-

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

4,390,921

9.63

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
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:	THE ACQUISITION COMPRISED AN ISSUE OF SHARES TO REGAL TRUSTEES LIMITED BY THE ISSUER AS ANNOUNCED BY THE ISSUER ON 23 MARCH 2017.
14. Contact name:	Sam Hill, Stonehage Flemming
15. Contact telephone number:	00 44 1534 8013 093

For further information:

Science in Sport PLC	[phone]
Stephen Moon, CEO
Elizabeth Lake, Finance Director
Cenkos Securities - NOMAD and Broker	[phone]

Bobbie Hilliam

 

END

 

 

HOLUOUWRBRAVRRR