CMBN Cambian Group

TIDMCMBN

RNS Number : 3928N

Cambian Group PLC

25 October 2016

 
 For filings with the FSA 
  include the annex 
 For filings with issuer exclude 
  the annex 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
----------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                                       Cambian Group Plc 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
---------------------------------------------------------------  ------------------------------------ 
 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)                                           Richard Griffiths and controlled 
  subject to the                                                                         undertakings 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ---------------------------------------- 
 5. Date of the transaction                                                           24 October 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ---------------------------------------- 
 6. Date on which issuer                                                              25 October 2016 
  notified: 
-----------------------------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are                                                                    > 11% 
  crossed or 
  reached: (vi, vii) 
-----------------------------------------------------------  ---------------------------------------- 
 
 
 
 8. Notified details: 
----------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
----------------------------------------------------------------------------------------------------------------------- 
 Class/type       Situation previous                Resulting situation after the 
  of               to the triggering                 triggering transaction 
  shares           transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
---------------  --------------------------------  -------------------------------------------------------------------- 
                  Number           Number           Number         Number of                   % of voting 
                   of               of               of shares      voting                      rights (x) 
                   Shares           Voting                          rights 
                                    Rights 
---------------  ---------------  ---------------  -------------  --------------------------  ------------------------- 
                                                    Direct         Direct         Indirect     Direct        Indirect 
                                                                    (xi)           (xii) 
---------------      -----------    -----------    -------------  -------------  -----------  ------------  ----------- 
 
  Ordinary 
  GB00BKXNB0024   17,593,970       17,593,970       18,015,840     18,015,840                  9.78% 
                 ---------------  ---------------  -------------  -------------  -----------  ------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
----------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------------- 
 Type of financial    Expiration     Exercise/                       Number of voting              % of voting 
  instrument           date           Conversion                      rights that                   rights 
                       (xiii)         Period (xiv)                    may be 
                                                                      acquired if 
                                                                      the 
                                                                      instrument 
                                                                      is 
                                                                      exercised/ 
                                                                      converted. 
-------------------  -------------  ------------------------------  ----------------------------  --------------------- 
 CFD                                                                 2,300,000                     1.25% 
-------------------  -------------  ------------------------------  ----------------------------  --------------------- 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
----------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------------- 
 Type of            Exercise       Expiration     Exercise/        Number of voting              % of voting 
 financial           price         date           Conversion        rights instrument             rights (xix, 
 instrument                        (xvii)         period            refers to                     xx) 
                                                  (xviii) 
-----------------  -------------  -------------  ---------------  ----------------------------  ----------------------- 
                                                                                                 Nominal       Delta 
-----------------  -------------  -------------  ---------------  ----------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
----------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                              Percentage of voting rights 
---------------------------------------------------  ------------------------------------------------------------------ 
 20,315,840                                           11.03% 
---------------------------------------------------  ------------------------------------------------------------------ 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------- 
   Blake Holdings Limited     6,415,537 
    Richard Griffiths 
     direct holdings           6,137,059 
    Seren Investment 
     Management Limited        5,463,244 
                              18,015,840 
                             ----------- 
 
    RG CFD                     2,300,000 
                              20,315,840 
                             ----------- 
 
 
 
   The above entities are controlled by Richard Griffiths 
 
 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: 
-------------------------------------------------------------  ---------------- 
 14. Contact name:                                              James Sutcliffe 
-------------------------------------------------------------  ---------------- 
 15. Contact telephone number:                                     01534 719761 
-------------------------------------------------------------  ---------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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