TIDMFLO

RNS Number : 2186X

Flowtech Fluidpower PLC

18 December 2023

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BM4NR742

Issuer Name

FLOWTECH FLUIDPOWER PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Downing LLP

City of registered office (if applicable)

London

Country of registered office (if applicable)

Greater London

4. Details of the shareholder

 
  Name                                                       City of registered office    Country of registered office 
   Downing Strategic Micro-Cap Investment Trust, Client       London                       UK 
   funds managed by Downing LLP 
                                                           ===========================  ============================== 
 

5. Date on which the threshold was crossed or reached

14-Dec-2023

6. Date on which Issuer notified

18-Dec-2023

7. Total positions of person(s) subject to the notification obligation

 
                          % of voting rights      % of voting rights      Total of both in %      Total number of 
                          attached to shares      through financial       (8.A + 8.B)             voting rights held 
                          (total of 8.A)          instruments (total                              in issuer 
                                                  of 8.B 1 + 8.B 2) 
   Resulting situation 
    on the date on 
    which threshold 
    was crossed or 
    reached                9.460000                0.000000                9.460000                5814616 
                        ======================  ======================  ======================  ====================== 
   Position of 
    previous 
    notification (if 
    applicable)            10.090000               0.000000                10.090000 
                        ======================  ======================  ======================  ====================== 
 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

 
Class/Type of shares    Number of direct        Number of indirect      % of direct voting      % of indirect voting 
ISIN code(if possible)  voting rights (DTR5.1)  voting rights           rights (DTR5.1)         rights (DTR5.2.1) 
                                                (DTR5.2.1) 
GB00BM4NR742               5814616                 0                       9.460000                0.000000 
                        ======================  ======================  ======================  ====================== 
Sub Total 8.A              5814616                                         9.460000% 
                        ==============================================  ============================================== 
 

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 
Type of financial           Expiration date  Exercise/conversion period  Number of voting rights    % of voting rights 
instrument                                                               that may be acquired if 
                                                                         the instrument is 
                                                                         exercised/converted 
 
Sub Total 8.B1 
                            ===========================================  =========================  ================== 
 

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

 
Type of financial   Expiration date  Exercise/conversion  Physical or cash     Number of voting     % of voting rights 
instrument                           period               settlement           rights 
 
Sub Total 8.B2 
                    =========================================================  ===================  ================== 
 

9. Information in relation to the person subject to the notification obligation

2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)

 
Ultimate controlling     Name of controlled      % of voting rights if   % of voting rights     Total of both if it 
person                   undertaking             it equals or is higher  through financial      equals or is higher 
                                                 than the notifiable     instruments if it      than the notifiable 
                                                 threshold               equals or is higher    threshold 
                                                                         than the notifiable 
                                                                         threshold 
                            Downing Strategic 
                             Micro-Cap 
                             Investment Trust, 
                             Client funds 
                             managed by Downing 
   Downing LLP               LLP                    9.460000                                       9.460000% 
                         ======================  ======================  =====================  ====================== 
 

10. In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

12. Date of Completion

18-Dec-2023

13. Place Of Completion

London

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END

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