RNS Number : 2059V
Man Group plc
14 April 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:

 

Man Group 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:

 

Silchester International Investors LLP

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

 

 

Silchester International Investors International Value Equity Taxable Trust

 

Silchester International Investors International Value Equity Trust

 

Silchester International Investors International Value Equity Group Trust

 

Silchester International Investors Tobacco Free International Value Equity Trust

 

The Calleva Trust

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

 

12 April 2016

6. Date on which issuer notified:

 

13 April 2016

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

 

5%

 

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

GB00B83VD954

Below threshold

Below threshold



85,232,803


5.00%


 

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

 N/A

N/A

N/A

N/A

N/A

 

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

 

 N/A

N/A

N/A

N/A

N/A

Nominal

Delta

 

 N/A

N/A

 

Total (A+B+C)

 

Number of voting rights

Percentage of voting rights

85,232,803

5.00%

 

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

N/A

 

Proxy Voting:

 

10. Name of the proxy holder:

 

Silchester International Investors LLP

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:

 

Silchester International Investors LLP ("Silchester") acts as investment manager for its clients detailed in Question 4 above (its "Clients").  In acting for its Clients, Silchester is given full discretion over its Clients' investments and is empowered to vote on their behalf.  However, it does not act as its Clients' custodian and therefore shares are not held in Silchester's name but in the name of each Client's custodian bank. 

 

The increase in Silchester's holdings was due to a series of transactions over a series of different trading days. 

 

Notification is provided based on the total voting rights figure of 1,703,111,700.

 

14. Contact name:

 

 Rachel Rowson

15. Contact telephone number:

 

020 7144 1732

 

 

 

 

 

 

 

 

 

 


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