Acal PLC Holding(s) in Company (4846X)
November 19 2014 - 11:17AM
UK Regulatory
TIDMACL
RNS Number : 4846X
Acal PLC
19 November 2014
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
(i)
1. Identity of the issuer or the ACAL PLC
underlying issuer of existing shares
to which voting rights are attached:
(ii)
-------------------------------------- ---------
2 Reason for the notification (please tick the appropriate box
or boxes):
-------------------------------------------------------------------------
An acquisition or disposal of voting rights X
----------------------------------------------------------------- ------
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 HARGREAVE HALE LIMITED
to the notification obligation:
(iii)
------------------------------------ -----------------------
4. Full name of shareholder(s) DISCRETIONARY CLIENTS
(if different from 3.): (iv)
------------------------------------ -----------------------
5. Date of the transaction and date 18 NOVEMBER 2014
on which the threshold is crossed
or reached: (v)
------------------------------------ -----------------------
6. Date on which issuer notified: 19 NOVEMBER 2014
------------------------------------ -----------------------
7. Threshold(s) that is/are crossed 18% and 19%
or
reached: (vi, vii)
------------------------------------ -----------------------
8. Notified details:
--------------------------------------------------------------------------------------------------
A: Voting rights attached to shares (viii, ix)
--------------------------------------------------------------------------------------------------
Class/type Situation previous Resulting situation after the triggering
of to the triggering transaction
shares transaction
if possible
using
the ISIN
CODE
-------------- ------------------------ --------------------------------------------------------
Number Number Number Number of voting % of voting rights
of of of shares rights (x)
Shares Voting
Rights
-------------- ----------- ----------- ----------- -------------------- ---------------------
Indirect Direct Indirect Direct Indirect
(xi) (xii)
-------------- ----------- ----------- ----------- ------- ----------- --------- ----------
GB0000055888 11,237,750 11,237,750 11,981,750 11,981,750 19.0038%
-------------- ----------- ----------- ----------- ------- ----------- --------- ----------
B: Qualifying Financial Instruments
----------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
----------------------------------------------------------------------------------------
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date (xiii) Conversion rights that rights
Period (xiv) may be
acquired if
the
instrument is
exercised/ converted.
------------------ ------------- -------------- ----------------------- ------------
C: Financial Instruments with similar economic effect to Qualifying
Financial Instruments (xv, xvi)
-----------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
-----------------------------------------------------------------------------------------------
Type of financial Exercise Expiration Exercise/ Number of voting % of voting
instrument price date Conversion rights instrument rights (xix,
(xvii) period refers to xx)
(xviii)
------------------ --------- ----------- ------------ ------------------- ----------------
Nominal Delta
------------------ --------- ----------- ------------ ------------------- -------- ------
Total (A+B+C)
------------------------------------------------------
Number of voting rights Percentage of voting rights
------------------------ ----------------------------
11,981,750 19.0038%
------------------------ ----------------------------
9. Chain of controlled undertakings through which the voting rights and/or
the
financial instruments are effectively held, if applicable: (xxi)
----------------------------------------------------------------------------
11,800,000 of these shares are held for unit trusts operated by Marlborough
Fund Managers Ltd, for whom Hargreave Hale Ltd manages the investments
on a discretionary basis. The remaining balance is held on behalf of
other discretionary clients.
----------------------------------------------------------------------------
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:
------------------------------------
13. Additional information:
------------------------------- --------------
14. Contact name: David Clueit
------------------------------- --------------
15. Contact telephone number: 01253 754739
------------------------------- --------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
HOLEASFNFLPLFFF