Holding(s) in Company

RNS Number : 9261A
Sportech PLC
29 March 2017
 

 


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

Sportech 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

Highvern Trustees Limited

 

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

Sulby Limited 

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

21/03/2017

6. Date on which issuer notified:

21/03/2017

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

14.56%

 

 

 

 

 

 

 

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

Ord GBP 0.50

 

34,611,010

0



30,026,274


14.56%

GB00B28ZPV64


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

30,026,274

14.56%



 

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

 

Highvern Trustees Limited (14.56%)

Sulby Limited (14.56%)

 

 


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:

Highvern Trustees Limited, (formerly Coutts & Co Trustees (Jersey) Limited),  owned by MNM Holdings Limited, in its capacity as trustee of a settlement, indirectly holds 34,611,010 ordinary shares in Sportech Plc which are held directly by Sulby Limited, an undertaking controlled by Highvern.  Newby Manor Ltd (a company ultimately owned by the family interests of Mr Trevor Hemmings) continues to have a notifiable interest in these shares under DTR 5.3(1) (b) (holdings of financial instruments with similar economic effecty to Qualifying Financial Instruments).

 

This Notification is based upon the Voting Rights figure of 206,238,048 obtained from your regulatory announcement dated 19th March 2015.

 

It should be noted whilst theTender result was announced on 21 March 2017, we were notified of our result on 28 March 2017.

14. Contact name:

Fiona Whitehead

15. Contact telephone number:

01534 282523

 

 

 

 

 

 

 

 

 

 

 

 

 


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