RNS Number : 1164Q
Eckoh PLC
24 November 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:

Eckoh 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:

Kestrel Partners LLP

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

Kestrel Opportunities, a cell of Guernsey Portfolios PCC Ltd (through BNY Mellon Nominees Limited) and various other clients of Kestrel Partners LLP (through JIM Nominees Ltd and Bank of New York Nominees Ltd)

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

23 November 2016

6. Date on which issuer notified:

24 November 2016

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

down through 14%


 

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

Ordinary Shares of 0.25p each

ISIN  GB0033359141

33,802,165

33,802,165

n/a

n/a

33,802,165

n/a

13.94%



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

33,802,165

13.94%


 

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

Indirect - BNY Mellon Nominees Limited - 26,948,700 Shares.  11.11% of voting rights

Indirect - JIM Nominees Limited - 2,539,075 Shares.  1.05% of voting rights

Indirect - Bank of New York Nominees Limited -       4,314,390 Shares. 1.78% of voting rights

 


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:

Disclosure based on Total voting rights of    242,573,059.

 

The indirect voting rights held under (9) relate to shares held in client portfolios managed by Kestrel Partners LLP under discretionary investment management agreements

14. Contact name:

Ian Forrest

15. Contact telephone number:

0203 371 6100

 

 

 

 


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