ITE Group PLC Holding(s) in Company (8423X)
February 27 2017 - 1:01AM
UK Regulatory
TIDMITE
RNS Number : 8423X
ITE Group PLC
27 February 2017
Email: majorshareholdings@fca.org.uk
-------------------- ----------- -------- ------------- ------------ ------------
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
--------------------------------------------------------------------------------------
1. Identity of the issuer or ITE 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) Neptune Investment Management
subject to the Limited
notification obligation:
(iii)
--------------------------------- ---------------------------------------------------
4. Full name of shareholder(s) N/A
(if different from 3.):(iv)
--------------------------------- ---------------------------------------------------
5. Date of the transaction 23/02/17
and date on
which the threshold is
crossed or
reached: (v)
--------------------------------- ---------------------------------------------------
6. Date on which issuer 24/02/17
notified:
--------------------------------- ---------------------------------------------------
7. Threshold(s) that is/are Exceeding 10%
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)
-------------- ----------- ----------- ------------ ---------- ----------- --------- ------------ -----------
26 583 26 583 26 626 26 626
GB0002520509 238 238 456 456 N/A 10.01% N/A
-------------- --------------- ----------------------------- ---------- ----------- --------- ------------ -----------
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.
------------------ --------------- --------------------------------------- ------------------------ ---------------------
n/a n/a n/a n/a n/a
------------------ --------------- --------------------------------------- ------------------------ ---------------------
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)
---------------- --------------- ------------- ------------------------ ------------------------ -----------------------
n/a n/a n/a n/a Nominal Delta
---------------- --------------- ------------- ------------------------ ------------ ---------
n/a n/a n/a
-------------- ----------- ----------- ------------ -------- ------------------------ ------------ ---------
Total (A+B+C)
-----------------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
---------------------------------------------------------------- -----------------------------------------------------------
26 626 456 10.01%
---------------------------------------------------------------- -----------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
-------------------------------------------------------------------------
n/a
Proxy Voting:
-------------------------------------------------------------------------
10. Name of the proxy holder: n/a
------------------------------------------------------- ----------------
11. Number of voting rights proxy n/a
holder will cease
to hold:
------------------------------------------------------- ----------------
12. Date on which proxy holder will n/a
cease to hold
voting rights:
------------------------------------------------------- ----------------
13. Additional information: n/a
------------------------------------------------------- ----------------
14. Contact name: Hannah Duncombe
------------------------------------------------------- ----------------
15. Contact telephone number: 020 3249 0198
------------------------------------------------------- ----------------
For further information,
please contact:
Full name: Anneka Milham
Contact Address: ITE Group plc
105 Salusbury Road, London.
NW6 6RG
Phone Number: 020 7596 5139
This information is provided by RNS
The company news service from the London Stock Exchange
END
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