RNS Number : 4403S
Pembroke VCT PLC
07 July 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

Pembroke VCT 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

Yes

Other (please specify):



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

Ruffer LLP (for its discretionary clients of the Ruffer Group)

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


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

11 June 2015

6. Date on which issuer notified:

07 July 2015

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

20% to 19%

 

 

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

 

 

GB00B89W2T50

  3,859,000

   3,859,000

 

3,859,000

 

 

3,859,000

 

-

 

19%

-


GB00BQVC9S79

670,000

670,000

670,000

670,000

-

-


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

 

Type of financial
instrument

 




 

 

Nominal

Delta




Total (A+B+C)

Number of voting rights

Percentage of voting rights

4,529,000

19%


 

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

 

N/A


Proxy Voting:

10. Name of the proxy holder:

N/A

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:

Ruffer LLP controls the voting rights over 4,529,000 shares (now 19% of the voting rights) of Pembroke VCT plc which are held by the discretionary clients of Ruffer LLP and its subsidiaries (the voting of which is all controlled by Ruffer LLP).

This change from 20% to 19% is due to a recent placing of 1,175,000 new B Class Ordinary Shares in addition to the 4,151,120 existing B Ordinary Shares and 18,141,202 existing Ordinary Shares issued by Pembroke VCT plc. The new shares were admitted to the market on 11 June 2015. The total number of voting rights in Pembroke VCT plc is now 23,467,322.

14. Contact name:

Louise Stanway

15. Contact telephone number:

020 7963 8146

 


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