Holding(s) in Company - Herald Investment

Released : 16/05/2017 13:36

RNS Number : 3143F
M&C Saatchi PLC
16 May 2017
 

 

For filings with the FCA include the annex

 

For filings with issuer exclude the annex

 

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

 

 

1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:
ii

M&C Saatchi plc

 

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

 

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

P

Other (please specify):

 

 

3. Full name of person(s) subject to the
notification obligation:
iii

Herald Investment Management Limited

4. Full name of shareholder(s)
 (if different from 3.):iv

Discretionary investment management clients of Herald Investment Management Limited

5. Date of the transaction and date on
which the threshold is crossed or
reached:
v

8 May 2017

6. Date on which issuer notified:

                                          15 May 2017

7. Threshold(s) that is/are crossed or
reached:
vi, vii

5%

           
 

 

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of
shares


if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of  voting rights x

Indirect

Direct xi

Indirect xii

Direct

Indirect

 

GB00B01F7T14

    

3,836,433

 

3,836,433

    

3,836,433

 

 

3,846,433

    

 

 

4.97%

 

 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date
xiii

Exercise/
Conversion Period
xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights

None   

 

 

 

Nil

 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date xvii

Exercise/
Conversion period
xviii

Number of voting rights instrument refers to

 

% of voting rights xix, xx

 

None 

 

 

 

 

 

Nominal

Delta

Nil

 

 

Total (A+B+C)

Number of voting rights

Percentage of voting rights

   

3,836,433

    

4.97%

                                 
 

 

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 holder will cease to hold:

     N/A

12. Date on which proxy holder will cease to hold voting rights:

     N/A

 

   
   
   
     
 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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