Mercantile Ports & Logistics Ltd TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (4530Q)
November 29 2016 - 7:46AM
UK Regulatory
TIDMMPL TIDMLGEN
RNS Number : 4530Q
Mercantile Ports & Logistics Ltd
29 November 2016
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
------------------------------------------------------------------------------------------------
1. Identity of the issuer or Mercantile Ports and Logistics
the underlying issuer Limited
of existing shares to which (Previously Skil Port &
voting rights are Logistics Limited)
attached:
------------------------------------------------------------ ----------------------------------
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 Yes
--------------------------------------------------------------- -------------------------------
Other (please
specify):
-------------------------------------------------------- ----- -------------------------------
3. Full name of person(s) Legal & General Group Plc
subject to the (L&G)
notification obligation:
---------------------------------------------------------- ------------------------------------
4. Full name of shareholder(s) Legal & General Assurance
(if different from 3.): Society Limited (LGAS & LGPL)
---------------------------------------------------------- ------------------------------------
25 November 2016
5. Date of the transaction
and date on
which the threshold is
crossed or
reached:
---------------------------------------------------------- ------------------------------------
6. Date on which issuer 29 November 2016
notified:
---------------------------------------------------------- ------------------------------------
7. Threshold(s) that is/are L&G (From 7% to 8%)
crossed or
reached:
---------------------------------------------------------- ------------------------------------
8. Notified details:
------------------------------------------------------------------------------------------------------------------------
A: Voting rights attached to shares
------------------------------------------------------------------------------------------------------------------------
Class/type Situation Resulting situation after the triggering
of previous transaction
shares to the triggering
transaction
if possible
using
the ISIN
CODE
------------ ---------------------------------- ----------------------------------------------------------------------
Number Number Number of voting % of voting
of of rights rights
Shares Voting
Rights
------------ ---------------- ---------------- --------------------------- -------------------------
Number Direct Indirect Direct Indirect
of shares
------------ ------------ ------------ -------------- -------------- ----------- ------------ -----------
ORD NPV 3,238,368 33,480,303 33,480,303 - 8.71% -
------------ ---------------------------------- -------------- -------------- ----------- ------------ -----------
B: Qualifying Financial Instruments
------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
------------------------------------------------------------------------------------------------------------------------
Number of voting
Type of Expiration Exercise/ rights that % of voting
financial date Conversion may be rights
instrument Period acquired if
the
instrument
is
exercised/
converted.
---------------- ---------------- ------------------------------ ----------------------------- ---------------------
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
-------------- ---------------- ---------------- ------------ ----------------------------- ------------ ---------
Total (A+B+C)
------------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
---------------------------------------------------------------- ------------------------------------------------------
33,480,303 8.71%
---------------------------------------------------------------- ------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
--------------------------------------------------------------------------------------------------------------------
Legal & General Group Plc (Direct and
Indirect) (Group) ( 69,965,097 -18.21% =
Total Position)
Legal & General Investment Management
(Holdings) Limited (LGIMH) (Direct and
Indirect) ( 69,965,097
- 18.21%= Total Position)
Legal & General Investment Management
Limited (Indirect) (LGIM) ( 69,965,097 -
18.21% = Total
Position)
Legal & General (Unit Trust Managers)
Limited ( 36,484,794 - 9.50%= UTM)
Legal & General Group Plc (Direct) (L&G) ( 33,480,303 - 8.71%= LGAS, LGPL & PMC)
Legal & General Investment Management Legal & General Insurance Holdings Limited
(Holdings) Limited (Direct) (LGIMHD) (Direct) (LGIH) (LGAS & LGPL)
(PMC)
Legal & General Assurance (Pensions Legal & General Assurance Society Limited
Management) Limited (PMC) (PMC) (LGAS & LGPL) (LGAS & LGPL)
Legal & General Pensions Limited (Direct)
(LGPL)
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:
----------------------------------------------------------------------------- -------------------------------------
Notification using the total
13. Additional information: voting rights figure of 384,017,699
----------------------------------------------------------------------------- -------------------------------------
14. Contact name: Victoria Davies (LGIM)
----------------------------------------------------------------------------- -------------------------------------
15. Contact telephone number: 029 2035 4147
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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