TIDMFDL TIDMSDR

RNS Number : 9608S

Findel PLC

28 June 2018

28 June 2018

Findel plc (the "Company")

Holding(s) in Company

The Company has received notification from Schroders plc of a further change to its interests in the shares of the Company. A copy of the details notified are attached to this announcement.

--End --

Enquiries

Findel plc

Phil Maudsley, Chief Executive

Stuart Caldwell, Chief Financial Officer

0161 303 3465

Tulchan Communications LLP

Catherine James

Will Smith

020 7353 4200

 
 NOTIFICATION OF MAJOR HOLDINGS 
 
 1a. Identity of the issuer or the                            Findel 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) : Type 1 Disclosure as per the Transparency                              X 
  Directive II Regulation 
                                                                                                     ---- 
 3. Details of person subject to the notification obligation(iv) 
 Name                                                         Schroders plc 
 City and country of registered office                        London, UK 
  (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                           27.06.2018 
  crossed or reached(vi) : 
                                                             -------------------------------------------- 
 6. Date on which issuer notified (DD/MM/YYYY):               28.06.2018 
                                                             -------------------------------------------- 
 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)            of issuer(vii) 
                            of 8. A)            (total of 8.B 
                                                1 + 8.B 2) 
                          ------------------  ---------------------  --------------  -------------------- 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached               17.767%             N/A                    17.767%         86,442,534 
                          ------------------  ---------------------  --------------  -------------------- 
 Position of 
  previous notification 
  (if 
  applicable)              18.577%             N/A                    18.577% 
                          ------------------  ---------------------  --------------  -------------------- 
 
 
 
       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(ix)                                       % of voting rights 
        shares 
        ISIN code (if 
        possible) 
                           Direct                        Indirect                            Direct                    Indirect 
                            (Art 9 of Directive           (Art 10 of Directive                (Art 9 of Directive       (Art 10 of Directive 
                            2004/109/EC)                  2004/109/EC)                        2004/109/EC) (DTR5.1)     2004/109/EC) 
                            (DTR5.1)                      (DTR5.2.1)                                                    (DTR5.2.1) 
                                                        ---------------------------------- 
  GB00B8B4R053                                           15,358,513                                                    17.767% 
                          ----------------------------  ----------------------------------  ------------------------  ------------------------- 
 
 
  SUBTOTAL 8. A            15,358,513                                                        17.767% 
                          ----------------------------------------------------------------  --------------------------------------------------- 
 
       B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC 
        (DTR5.3.1.1 (a)) 
       Type of financial   Expiration        Exercise/                               Number of voting                  % of voting 
        instrument          date(x)           Conversion Period(xi)                   rights that may                   rights 
                                                                                      be acquired if 
                                                                                      the instrument 
                                                                                      is 
                                                                                      exercised/converted. 
                          ----------------  --------------------------------------  --------------------------------  ------------------------- 
 
 
 
                                             SUBTOTAL 8. B 1 
                                            --------------------------------------  --------------------------------  ------------------------- 
 
       B 2: Financial Instruments with similar economic effect according to 
        Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) 
       Type of       Expiration              Exercise/                Physical or                  Number of           % of voting 
       financial      date(x)                 Conversion               cash                         voting rights       rights 
       instrument                             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 rights                                                                   X 
  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 equals or                             through financial                 if it equals or 
                                     is higher than the                          instruments if it                 is higher than 
                                     notifiable threshold                        equals or is higher               the notifiable 
                                                                                 than the notifiable               threshold 
                                                                                 threshold 
                                   ------------------------------------------  --------------------------------  -------------------------- 
 Schroders plc 
                                   ------------------------------------------  --------------------------------  -------------------------- 
 Schroder Administration 
  Limited 
                                   ------------------------------------------  --------------------------------  -------------------------- 
 Schroder International 
  Holdings Limited 
                                   ------------------------------------------  --------------------------------  -------------------------- 
 Schroder Investment 
  Management Limited                17.767%                                     N/A                               17.767% 
                                   ------------------------------------------  --------------------------------  -------------------------- 
 
 10. In case of proxy voting, please identify: 
 Name of the proxy holder 
                                                                               ------------------------------------------------------------ 
 The number and % of voting rights held 
                                                                               ------------------------------------------------------------ 
 The date until which the voting rights 
  will be held 
                                                                               ------------------------------------------------------------ 
 
 11. Additional information(xvi) 
 
 
 
 
 Place of completion   London 
 Date of completion    28.06.2018 
                      ----------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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