Holding(s) in Company

RNS Number : 3800P
Shanks Group PLC
16 November 2016
 


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:

SHANKS GROUP 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):



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

STERLING STRATEGIC VALUE LIMITED

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


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

November 15, 2016

6. Date on which issuer notified:

November 16, 2016

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

4%



 

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

Ordinary shares

24,075,000

24,075,000

24,812,000

24,812,000


4.0715%


GB0007995243


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 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

24,812,000

4.0715%



 

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

 

Dr. Tito Tettamanti - Via San Michele 4, CH-6976 Castagnola - controls 100% of the voting rights of Gritlot Limited - Clinch's House, Lord Street, Douglas, IM99 1RZ, Isle of Man - which controls the majority of the voting rights of Sterling Strategic Value Limited - Vanterpool Plaza, 2nd Floor, Wickhams Cay 1 Road Town, Tortola, British Virgin Islands - which holds shares in Shanks plc.


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:

This disclosure has been calculated based on issued share capital amount of 609,407,199

14. Contact name:

Fabien Tardito

15. Contact telephone number:

+377.93.10.61.40

 


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