TIDMNGP

RNS Number : 8285H

Niche Group (The) PLC

03 June 2011

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------------ 
 
 1. Identity of the issuer or the 
 underlying issuer of existing shares to 
 which voting rights are attached: (ii)                    Niche Group 
------------------------------------------  ---------------------------------------- 
 2 Reason for the notification (please tick the appropriate box or boxes): 
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 An acquisition or disposal of voting rights                                       u 
---------------------------------------------------------------------  ------------- 
 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 
  to the 
  notification obligation: (iii)                       Dartington Portfolio Nominees 
------------------------------------  ---------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
------------------------------------  ---------------------------------------------- 
 5. Date of the transaction and date 
  on 
  which the threshold is crossed or 
  reached: (v)                                                              23/05/11 
------------------------------------  ---------------------------------------------- 
 6. Date on which issuer notified:                                          03/06/11 
------------------------------------  ---------------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                                              4% 
------------------------------------  ---------------------------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------------- 
 Class/type 
 of shares if 
 possible       Situation previous 
 using the       to the triggering                    Resulting situation after the triggering 
 ISIN CODE       transaction                           transaction 
-------------  ------------------------------------  -------------------------------------------------------------------- 
                                 Number 
                Number            of 
                 of               Voting              Number         Number of voting          % of voting rights 
                 Shares           Rights               of shares      rights                    (x) 
-------------  ---------------  -------------------  -------------  ------------------------  --------------------------- 
                                                                     Direct         Indirect 
                                                      Direct          (xi)           (xii)     Direct         Indirect 
-------------    ----  -------  ------  -----  ----  -------------  -------------  ---------  -------------  ------------ 
 GB00B09G2351   27,727,650       27,727,650           28,527,650     28,527,650                4.125% 
               ---------------  -------------------  -------------  -------------  ---------  -------------  ------------ 
 
 ,, 
------------------------------------------------------------------------------------------------------------------------- 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------- 
                                                                          Number of voting 
                                                                           rights that may 
                                                                           be 
                                         Exercise/                         acquired if the 
 Type of financial      Expiration        Conversion Period                instrument is               % of voting 
  instrument             date (xiii)      (xiv)                            exercised/ converted.        rights 
---------------------  ---------------  -------------------------------  ---------------------------  ------------------- 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments (xv, xvi) 
------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------- 
                                                Exercise/ 
 Type of                                         Conversion          Number of voting 
 financial        Exercise       Expiration      period               rights instrument            % of voting rights 
 instrument        price          date (xvii)    (xviii)              refers to                     (xix, xx) 
---------------  -------------  -------------  -------------------  ----------------------------  ----------------------- 
                                                                                                   Nominal       Delta 
---------------  -------------  -------------  -------------------  ----------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                           Percentage of voting rights 
----------------------------------------------------------------  ------------------------------------------------------- 
 28,527,650                                                        4.125% 
----------------------------------------------------------------  ------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
------------------------------------------------------------------------------ 
 Dartington Portfolio Nominees. 
  28,527,650 (4.125%) 
 
 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: 
-------------------------------------------------  --------------------------- 
 
                                          Based on 691,550,530 shares in issue 
 13. Additional information:                                     after placing 
-------------------------------------  --------------------------------------- 
 14. Contact name:                                                  Adam Saint 
-------------------------------------  --------------------------------------- 
 15. Contact telephone number:                                   0117 933 0049 
-------------------------------------  --------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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