RNS Number : 9116A
M&C Saatchi PLC
29 March 2017
 

 

For filings with the FCA include the annex

 

For filings with issuer exclude the annex

 

 

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

M&C Saatchi 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 (please specify):

 

 

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

Aviva plc & its subsidiaries    

           

 

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

Registered Holder:

 

Chase (GA Group) Nominees Limited
4,393,338*

 

Chase Nominees Limited
45,822*

Available on request
2,707*

                                                                         

*denotes direct interest  

Chase Nominees Limited
143,609


Vidacos Nominees Limited
228,483

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

27 March 2017

6. Date on which issuer notified:

29 March 2017

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

6% to 5% Change at Direct Interest Level. (Box 8A)

 

 

 

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 Shares



GB00B01F7T14

 

 

5,579,454*

5,579,454*

4,813,959

4,441,867

372,092

5.83%

0.49%

 

 

* Includes Right to recall loaned shares (39,779)

 

 

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

RIGHT TO RECALL LOANED SHARES

N/A

N/A

364,594*

 

* Direct Interest

0.48%
                     

 

 

 

 

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

5,178,553

6.80%

 

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

The voting rights are managed and controlled by Aviva Investors Global Services Limited and Friends Provident International Limited, with the following chain of controlled undertakings:-

 

Aviva Investors Global Services Limited:

·      Aviva plc (Parent Company)

·      Aviva Group Holdings Limited (wholly owned subsidiary of Aviva plc)

·      Aviva Investors Holdings Limited (wholly owned subsidiary of Aviva Group Holdings Limited)

·      Aviva Investors Global Services Limited (wholly owned subsidiary of Aviva Investors Holdings Limited)

 

Friends Provident International Limited:

·      Aviva plc (Parent Company)

·      Aviva Group Holdings Limited (wholly owned subsidiary of Aviva plc)

·    Friends Provident International Limited (wholly owned subsidiary of Aviva Group Holdings Limited)

 

Proxy Voting:

10. Name of the proxy holder:

See Section 4

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:


Figures are based on a total number of voting rights of 76,149,685 as per the Company's Additional Listing and Total Voting Rights Announcement of 15 March 2017.
   
   
     

 


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