Holding(s) in Company

RNS Number : 1243H
Victoria PLC
26 November 2015
 

 

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

Victoria 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

Removal of option restrictions

X

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

Business Growth Fund PLC (a/c BGF Investments LP)

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

Pershings Nominees Limited

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

24/11/15

6. Date on which issuer notified:

26/11/15

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

Above 6%



 

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

Ordinary

365,855

365,855

365,855

365,855


2.011%


GB0009290080


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

Option

31/12/22

24/09/15 - 31/12/22

 

£2.86 per share

746,000

4.101%


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

1,111,855

6.112%



 

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

 

 


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:


The Ordinary Shares are held in the name of Pershings Nominees Limited as custodian for BGF Investments LP ("BGF").  The Option is held by BGF.

 

On 24 November 2015 the option agreement granted by Victoria PLC on 30 September 2014 with BGF, was varied such that the period pursuant to which BGF is permitted to exercise the options and to subscribe for 746,000 ordinary shares now commences on 24 September 2015 and expires 31 December 2022 without any other restrictions applying.

 

This disclosure is based on issue share capital amount 18,191,206.

 

14. Contact name:

David Murray

15. Contact telephone number:

0131 224 0140

 


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