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):

28th October 2016

6. Date on which issuer notified:

31st 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

+44 (0) 844 543 4668

John Sach, Chief Executive


Mike Gant, Chief Financial Officer


Caroline Geary, Company Secretary




Investec Bank plc

+44 (0) 20 7597 5970

Garry Levin / David Anderson - Nominated Adviser


Henry Reast - Corporate Broking




Buchanan Communications

+44 (0) 20 7466 5000

Mark Court / Sophie Cowles / Catriona Flint


 


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