Holding(s) in Company

RNS Number : 6059C
Fairpoint Group PLC
18 March 2014
 



 


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:

Fairpoint Group

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

Yes

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

NO

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

NO

An event changing the breakdown of voting rights

NO

Other (please specify):


NO

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

Miton Group plc

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

See section 9 below

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

17/03/2014

6. Date on which issuer notified:

18/03/2014

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

Was 19.61%, Now  21.70%



 

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

GB0032360280

8,319,060

8,319,060

9,203,060

n/a

9,203,060

n/a

21.70%


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

n/a

n/a

n/a

n/a

n/a


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

9,203,060

21.70%



 

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

Diverse Income Trust

HSBC Global Custody Nominees (UK) Ltd a/c 727563

3,472,064

CF Miton UK Multicap Income Fund

Bank of New York Nominees Ltd a/c 397449

3,683,496

CF Miton UK Smaller Companies Fund

Bank of New York Nominees Ltd a/c 397904

960,000

CF Miton UK Value Opportunities

Bank of New York Nominees Ltd a/c 398398

787,500

The Investment Company

BNY Custodial Nominees (UK) Ltd a/c 390592

300,000


Proxy Voting:

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:


Miton Capital Partners Ltd
and
Miton Asset Management Ltd
are both subsidiaries of Miton Group plc

14. Contact name:

Ian Borrows

15. Contact telephone number:

0151 906 2476

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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