TIDMSPEC TIDMSLA

RNS Number : 3782O

Inspecs Group PLC

08 February 2021

TR-1: S tandard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and 
  to the FCA in Microsoft Word format if possible) (i) 
 
 1a. Identity of the issuer or the                                           Inspecs Group PLC 
  underlying issuer of existing shares 
  to which voting rights are attached 
  (ii) : 
                                                             ------------------------------------------------ 
 1b. Please indicate if the issuer is a non-UK issuer (please mark with 
  an "X" if appropriate) 
 Non-UK issuer 
                                                                                                         ---- 
 2. Reason for the notification (please mark the appropriate box or boxes 
  with an "X") 
 An acquisition or disposal of voting rights                                                               X 
                                                                                                         ---- 
 An acquisition or disposal of financial instruments 
                                                                                                         ---- 
 An event changing the breakdown of voting rights 
                                                                                                         ---- 
 Other (please specify)(iii) : 
                                                                                                         ---- 
 3. Details of person subject to the notification obligation (iv) 
 Name                                                         Aggregate of Standard Life Aberdeen 
                                                               plc affiliated investment management 
                                                               entities with delegated voting rights 
                                                               on behalf of multiple managed portfolios 
 City and country of registered office                        Edinburgh, Scotland 
  (if applicable) 
 4. Full name of shareholder(s) (if different from 3.) (v) 
 Name 
                                                             ------------------------------------------------ 
 City and country of registered office 
  (if applicable) 
                                                             ------------------------------------------------ 
 5. Date on which the threshold was                           05/02/2021 
  crossed or reached (vi) : 
                                                             ------------------------------------------------ 
 6. Date on which issuer notified (DD/MM/YYYY):               08/02/2021 
                                                             ------------------------------------------------ 
 7. Total positions of person(s) subject to the notification obligation 
                              % of voting        % of voting rights      Total of both    Total number 
                            rights attached       through financial       in % (8.A +      of voting rights 
                            to shares (total         instruments              8.B)         held in issuer 
                                of 8. A)            (total of 8.B                          (vii) 
                                                     1 + 8.B 2) 
                          ------------------  -----------------------  ----------------  -------------------- 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached                     6.26                   0.00                 6.26             101,290,898 
                          ------------------  -----------------------  ----------------  -------------------- 
 Position of 
  previous notification 
  (if 
  applicable)                    5.09                   0.00                 5.09 
                          ------------------  -----------------------  ----------------  -------------------- 
 
 
 
 8. Notified details of the resulting situation on the date on which 
  the threshold was crossed or reached (viii) 
 A: Voting rights attached to shares 
 Class/type of            Number of voting rights                           % of voting rights 
 shares                    (ix) 
 ISIN code (if 
 possible) 
                                 Direct                  Indirect                Direct             Indirect 
                                (DTR5.1)                (DTR5.2.1)               (DTR5.1)          (DTR5.2.1) 
                                                ------------------------- 
 GB00BK6JPP03                     N/A                   6,341,482                  N/A                6.26 
                         ---------------------  -------------------------  ------------------  ----------------- 
 
 SUBTOTAL 8. A                               6,341,482                                      6.26 
                         ------------------------------------------------  ------------------------------------- 
 
 B 1: Financial Instruments according to DTR5.3.1R (1) (a) 
 Type of financial        Expiration   Exercise/                   Number of voting             % of voting 
  instrument               date         Conversion Period           rights that may              rights 
                           (x)          (xi)                        be acquired if 
                                                                    the instrument 
                                                                    is 
                                                                    exercised/converted. 
                         -----------  --------------------------  ---------------------------  ----------------- 
 
 
                                       SUBTOTAL 8. B 
                                        1 
                                      --------------------------  ---------------------------  ----------------- 
 
 B 2: Financial Instruments with similar economic effect according to 
  DTR5.3.1R (1) (b) 
 Type of financial   Expiration        Exercise/          Physical           Number of          % of voting 
  instrument          date (x)          Conversion         or cash            voting rights      rights 
                                        Period (xi)        settlement 
                                                           (xii) 
                    ----------------  -----------------  -----------------  ----------------- 
 
 
                                                          SUBTOTAL 
                                                           8.B.2 
                                                         -----------------  ----------------- 
 
 9. Information in relation to the person subject to the notification 
  obligation (please mark the 
  applicable box with an "X") 
 Person subject to the notification obligation is not controlled 
  by any natural person or legal entity and does not control any 
  other undertaking(s) holding directly or indirectly an interest 
  in the (underlying) issuer (xiii) 
 Full chain of controlled undertakings through which the voting                                             X 
  rights and/or the 
  financial instruments are effectively held starting with the 
  ultimate controlling natural person or legal entity (xiv) (please 
  add additional rows as necessary) 
       Name (xv)               % of voting rights             % of voting rights          Total of both if it 
                                 if it equals or               through financial           equals or is higher 
                                 is higher than                  instruments if            than the notifiable 
                                 the notifiable                 it equals or is                 threshold 
                                    threshold                   higher than the 
                                                              notifiable threshold 
                        -------------------------------  ----------------------------  ------------------------- 
 Standard Life 
 Aberdeen 
 plc 
                        -------------------------------  ----------------------------  ------------------------- 
 Standard Life 
 Investments 
 (Holdings) Limited 
                        -------------------------------  ----------------------------  ------------------------- 
 Standard Life 
  Investments 
  Limited                             6.10                           0.00                         6.10 
                        -------------------------------  ----------------------------  ------------------------- 
 
 Standard Life 
  Aberdeen 
  plc 
                        -------------------------------  ----------------------------  ------------------------- 
 Aberdeen Asset 
  Management PLC 
                        -------------------------------  ----------------------------  ------------------------- 
 Aberdeen Asset 
  Managers Limited 
                        -------------------------------  ----------------------------  ------------------------- 
 
 10. In case of proxy voting, please identify: 
 Name of the proxy holder                                 N/A 
                                                         ------------------------------------------------------- 
 The number and % of voting rights                        N/A 
  held 
                                                         ------------------------------------------------------- 
 The date until which the voting                          N/A 
  rights will be held 
                                                         ------------------------------------------------------- 
 
 11. Additional information (xvi) 
 
   In reference to Section 9, the shares detailed are managed by the named 
   discretionary investment management entity within multiple portfolios 
   on behalf of underlying clients, based on investment management agreements 
   whereby the client has delegated the exercise of the voting power to 
   the referenced investment manager. 
 
   This disclosure reflects the fact that the voting rights effectively 
   held indirectly by the underlying intermediate holding company Standard 
   Life Investments (Holdings) Limited ("SLIHL") and held by the underlying 
   investment management entity Standard Life Investments Limited ("SLIL") 
   increased above the 5% notifiable threshold due to trading on 5 February 
   2021. SLIHL now effectively holds and SLIL holds 6.10% of the delegated 
   voting rights of the shares in Inspecs Group PLC. 
 
 
 
 Place of completion   Aberdeen, United Kingdom 
 Date of completion    08/02/2021 
                      ------------------------- 
 

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