GKN PLC Holding(s) in Company
April 11 2017 - 11:10AM
UK Regulatory
TIDMGKN
TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached:
GKN plc
2. Reason for the notification: (please state Yes/No):
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: No
An acquisition or disposal of instruments with similar economic effect to
qualifying financial instruments: No
An event changing the breakdown of voting rights: No
Other (please specify): No
3. Full name of person(s) subject to the notification obligation:
Vulcan Value Partners, LLC, a Delaware limited liability company ("Vulcan")
C . T Fitzpatrick, an individual resident of Alabama, United States of
America
4. Full name of shareholder(s) (if different from 3.):
Vulcan Value Partners, LLC is the investment advisor to (1) Vulcan Value
Partners Fund, a US mutual fund, (2) Vulcan Global Value Fund, plc, an Irish
domiciled UCITS fund, and (3) a number of separately-managed client accounts.
The custodian for the US mutual fund is BNY Mellon.
The custodian for the UCITS fund is Sumitomo Mitsui Trustees (Ireland) Limited.
Various custodians, numbering 42 in total, serve as custodian for the
separately-managed accounts. See additional information for the full list.
5. Date of the transaction and date on which the threshold is crossed or
reached:
31 March 2017
6. Date on which issuer notified:
11 April 2017
7. Threshold(s) that is/are crossed or reached:
Below 5%
8. Notified details:
A: Voting rights attached to shares
Class/type of Situation previous to Resulting situation after the triggering
shares the triggering transaction
if possible transaction
using the
ISIN CODE Number of Number of Number of Number of voting % of voting
Shares Voting shares rights rights
Rights
Direct Direct Indirect Direct Indirect
GB0030646508 80,066,388 80,066,388 N/A N/A Below 5% N/A Below 5%
American 6,991,972 6,991,972 N/A N/A Below 5% N/A Below 5%
Depository
Receipts
US3617556069
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of Expiration date Exercise/Conversion Number of voting % of voting
financial period rights that may be rights
instrument acquired if the
instrument is
exercised/ converted
N/A
C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments
Resulting situation after the triggering transaction
Type of Exercise Expiration Exercise/ Number of voting % of voting
financial price date Conversion rights instrument rights
instrument period refers to
Nominal Delta
N/A
Total (A+B+C)
Number of voting % of voting rights
rights
Below 5% Below 5%
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
Vulcan Value Partners, LLC is controlled by C.T Fitzpatrick by virtue of C.T.
Fitzpatrick holding a majority of voting and economic rights in it.
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:
The 42 custodians referred to in item 4 above are as follows:
Amalgamated Bank of Chicago
BANK OF AMERICA MERRILL LYNCH
Bank of Hawaii
Bank of Oklahoma
BB&T
BESSEMER TRUST
BMO HARRIS
BNY Wealth Management
BNYMellon
Citi Private Bank
Comerica Bank
Fidelity
Fiduciary Trust
Fifth Third Bank
First Hawaiian Bank
First Western
Harris Bank
JP Morgan
M&T Bank
MACATAWA BANK
Mellon Asset Servicing
Merrill Lynch
Morgan Stanley
National Financial Services LLC
NorthernTrust
Pershing
PNC Bank
RAYMOND JAMES
RBC Bank
Regions Trust
ROPES AND GRAY/SEI PRIVATE TRUST COMPANY
SALEM TRUST
Schwab
State Street
State Street Bank and Trust
SunTrust Bank
UMB BANK
US BANK
US Trust
Wells Fargo
Wilmington Trust
Goldman Sachs
14. Contact name: Katie Lewis, Assistant Secretary
15. Contact telephone number: 01527 533383
Details of the issuer:
Name GKN plc
LEI: 213800QNZ22GS95OSW84
Classification of Regulated Information: 2.3 - Major shareholding notification.
END
(END) Dow Jones Newswires
April 11, 2017 12:10 ET (16:10 GMT)
GKN (LSE:GKN)
Historical Stock Chart
From Apr 2024 to May 2024
GKN (LSE:GKN)
Historical Stock Chart
From May 2023 to May 2024
Real-Time news about GKN (London Stock Exchange): 0 recent articles
More GKN News Articles