Holding(s) in Company

RNS Number : 0720U

TP ICAP PLC

12 January 2017

 

TR1 Notification of major interests in shares
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii				TP ICAP 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		Silchester International Investors LLP
4. Full name of shareholder(s)  (if different from 3.):iv		Silchester International Investors International Value Equity Taxable Trust Silchester International Investors International Value Equity Trust Silchester International Investors International Value Equity Group Trust Silchester International Investors Tobacco Free International Value Equity Trust The Calleva Trust
5. Date of the transaction and date on which the threshold is crossed or reached: v		3rd January 2017
6. Date on which issuer notified:		12th January 2017
7. Threshold(s) that is/are crossed or reached: vi, vii		Below 5%

 

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

GB00B1H0DZ51

54,841,260

54,841,260

25,608,845

4.62%

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

N/A

N/A

N/A

N/A

N/A

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

N/A

N/A

N/A

N/A

N/A

Nominal

Delta

N/A

N/A

Total (A+B+C)

Number of voting rights

Percentage of voting rights

25,608,845

4.62%

 

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
N/A
Proxy Voting:
10. Name of the proxy holder:		Silchester International Investors LLP
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:	Silchester International Investors LLP ("Silchester") acts as investment manager for the clients detailed in Question 4 above (our "Clients").  In acting for our Clients, Silchester are given full discretion over their investments and are empowered to vote on their behalf.  However, we do not act as our Clients' custodian and therefore shares are not held in our name but in the name of each Client's custodian bank.  Silchester previously controlled shares in ICAP plc.  Following the transaction with Tellett Prebon plc and subsequent issuance of shares, Silchester's control over TP ICAP plc has fallen below 5%.  The shares shown prior to the transaction reflect the shares that Silchester controlled in ICAP plc prior to the restructuring and the corporate action and equated to approximately 8.4% of ICAP plc's then issued share capital and voting rights. Notification is provided based on a total voting rights figure of 554,132,671.
14. Contact name:	Timothy J. Linehan, Chief Compliance Officer
15. Contact telephone number:	0207 518 7125

 

Note: Annex should only be submitted to the FCA not the issuer
Annex: Notification of major interests in share
A: Identity of the persons or legal entity subject to the notification obligation
Full name (including legal form of legal entities)	Silchester International Investors LLP
Contact address (registered office for legal entities)	Time & Life Building 1 Bruton Street, 5th Floor London W1J 6TL
Phone number & email	0207 518 7125, [e-mail]
Other useful information (at least legal representative for legal persons)	Attn:     Timothy Linehan, Chief Compliance Officer
B: Identity of the notifier, if applicable
Full name	Timothy Linehan, Chief Compliance Officer Silchester International Investors LLP
Contact address	Time & Life Building 1 Bruton Street, 5th Floor London W1J 6TL
Phone number & email	0207 518 7125, [e-mail]
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)
C: Additional information
For notes on how to complete form TR-1 please see the FCA website.

 

END

 

 

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