Polypipe Group PLC Holding(s) in Company (2272G)
May 25 2017 - 4:04AM
UK Regulatory
TIDMPLP
RNS Number : 2272G
Polypipe Group PLC
25 May 2017
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
--------------------------------------------------
1. Identity of the issuer or the underlying Polypipe Group Plc
issuer
of existing shares to which voting rights
are
attached: (ii)
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2 Reason for the notification (please tick the appropriate box or boxes):
------------------------------------------------------------------------------------------------------------------------
An acquisition or disposal of voting rights Yes
------------------------------------------------------------------------------- ---------------------------------------
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 Standard Life Investments (Holdings)
to the Limited (Parent Company)
notification obligation: (iii)
----------------------------------------------------------------------- -----------------------------------------------
4. Full name of shareholder(s)
(if different from 3.):(iv)
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5. Date of the transaction and date 23/05/2017
on
which the threshold is crossed
or
reached: (v)
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6. Date on which issuer notified: 24/05/2017
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7. Threshold(s) that is/are crossed Standard Life Investments Limited -12%
or
reached: (vi, vii)
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8. Notified details:
----------------------------------------------------------------------------------------------------------------------
A: Voting rights attached to shares (viii, ix)
----------------------------------------------------------------------------------------------------------------------
Class/type Situation previous Resulting situation after the triggering
of to the triggering transaction
shares transaction
if possible
using
the ISIN
CODE
------------- ---------------------------------- -------------------------------------------------------------------
Number Number Number Number of voting % of voting rights
of of of shares rights (x)
Shares Voting
Rights
------------- ---------------- ---------------- -------------- ---------------------- ---------------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
------------- ------------ ------------ -------------- --------- ----------- ------------ -------------
GB00BKRC5K31 25,769,775 25,769,775 25,011,542 25,011,542 12.61%
---------------- ---------------- -------------- --------- ----------- ------------ -------------
B: Qualifying Financial Instruments
----------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
----------------------------------------------------------------------------------------------------------------------
Type of Expiration Exercise/ Number of voting % of voting
financial date (xiii) Conversion Period rights that may rights
instrument (xiv) be
acquired if the
instrument is
exercised/ converted.
----------------- -------------- -------------------------------- ------------------------ -----------------------
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 rights
financial price date (xvii) Conversion rights instrument (xix, xx)
instrument period refers to
(xviii)
--------------- -------------- -------------- -------------- -------------------------- -------------------------
Nominal Delta
--------------- -------------- -------------- -------------- -------------------------- ------------ -----------
Total (A+B+C)
----------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
--------------------------------------------------------------- -----------------------------------------------------
25,011,542 12.61%
--------------------------------------------------------------- -----------------------------------------------------
9. Chain of controlled undertakings through which the voting rights and/or
the
financial instruments are effectively held, if applicable: (xxi)
--------------------------------------------------------------------------------------------------------------------
Standard Life Investments (Holdings) Limited - 12.61%
Standard Life Investments Limited - 11.93%
Ignis Investment Services Limited - Below 5%
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:
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13. Additional information: Total voting rights of 198,279,182
based upon company announcement as
at 30th September 2016
------------------------------------------------------------------- -----------------------------------------------
14. Contact name: Regulatory_Reporting_Services@standardlife.com
------------------------------------------------------------------- -----------------------------------------------
15. Contact telephone number: (0131) 245 0164
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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