TIDMBT.A

RNS Number : 9997I

BT Group PLC

23 June 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                     BT Group plc 
  the 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)                                    Atlas Services Belgium S.A. 
  subject to the                                               Orange S.A. 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  --------------------------------------- 
 4. Full name of shareholder(s)                               Registered holder: 
  (if different from 3.):(iv) 
                                                               Bank of New York (Nominees) 
                                                               Limited 
-----------------------------------------------------------  --------------------------------------- 
 5. Date of the transaction                                   Monday 19 June 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  --------------------------------------- 
 6. Date on which issuer                                      Thursday 22 June 2017 
  notified: 
-----------------------------------------------------------  --------------------------------------- 
 7. Threshold(s) that is/are 
  crossed or                                                    Atlas Services Belgium S.A.: 
  reached: (vi, vii)                                            direct holding has fallen 
                                                                below 3% (reduced from 4% 
                                                                to 2.66%) 
 
                                                                Orange S.A.: indirect holding 
                                                                has fallen below 3% (reduced 
                                                                from 4% to 2.66%) 
-----------------------------------------------------------  --------------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------------------------------------- 
 Class/type        Situation                         Resulting situation after the 
  of                previous                          triggering transaction 
  shares            to the 
                    triggering 
  if possible       transaction 
  using 
  the ISIN 
  CODE 
----------------  --------------------------------  ------------------------------------------------------------------------------------ 
                   Number          Number            Number          Number of                       % of voting rights 
                    of              of                of              voting                          (x) 
                    Shares          Voting            shares          rights 
                                    Rights 
--------------    --------------  ----------------  --------------  ------------------------------  ------------------------------------ 
                                                     Direct          Direct          Indirect        Direct           Indirect 
                                                                      (xi)            (xii) 
--------------      ------------  ------------      --------------  --------------  --------------  ---------------  ------------------- 
 Ordinary 
  shares of 
  GBP0.05 each 
  (ISIN Code: 
  GB0030913577) 
  indirectly 
  held by Orange 
  S.A.)                  -           398,725,107           -               -          265,725,107          -                 2.66 
----------------  --------------  ----------------  --------------  --------------  --------------  ---------------  ------------------- 
 Ordinary 
  shares of 
  GBP0.05 each 
  (ISIN Code: 
  GB0030913577) 
  directly 
  held by Atlas 
  Services 
  Belgium S.A.      398,725,107      398,725,107      265,725,107     265,725,107          -              2.66                - 
----------------  --------------  ----------------  --------------  --------------  --------------  ---------------  ------------------- 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------------------------- 
 Type of financial   Expiration                    Exercise/                           Number of voting             % of voting 
  instrument          date                          Conversion                          rights that                  rights 
                      (xiii)                        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         Exercise                        Expiration        Exercise/       Number of voting               % of voting 
 financial       price                           date              Conversion      rights instrument               rights (xix, 
 instrument                                      (xvii)            period          refers to                       xx) 
                                                                   (xviii) 
--------------  ------------------------------  ----------------  --------------  -----------------------------  ----------------------- 
       -                       -                        -                -                      -                   Nominal      Delta 
--------------  ------------------------------  ----------------  --------------  -----------------------------  ------------  --------- 
                                                                                                                       -           - 
--------------      ------------  ------------      ------------    ------------      ------------  -----------  ------------  --------- 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                                           Percentage of voting rights 
--------------------------------------------------------------------------------  ------------------------------------------------------ 
 265,725,107                                                                       2.66 
--------------------------------------------------------------------------------  ------------------------------------------------------ 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------- 
                            Orange S.A. owns the entire issued share capital of 
                     Atlas Services Belgium SA. On 19 June 2017, Atlas Services 
                      Belgium S.A. sold, by way of an Accelerated Book Building 
                         Placement, a 1.33% holding in BT Group plc to: (a) the 
                         issuer and the BT Group Employee Share Ownership Trust 
                        ( in aggregate, a disposal of circa 69 million ordinary 
                      shares); and (b) to institutional and qualified investors 
                              (a disposal of circa 64 million ordinary shares). 
 
                         Note: The remaining 265,725,107 ordinary shares of the 
                      issuer held by Atlas Services Belgium S.A. are registered 
                          in the name of Bank of New York (Nominees) Limited in 
                         its capacity as nominee of Atlas Services Belgium S.A. 
 
 Proxy Voting: 
------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                            N/A 
-------------------------------------------------------  ---------------------- 
 11. Number of voting rights proxy                        N/A 
  holder will cease 
  to hold: 
-------------------------------------------------------  ---------------------- 
 12. Date on which proxy holder will                      N/A 
  cease to hold 
  voting rights: 
-------------------------------------------------------  ---------------------- 
 
                                                          N/A 
  13. Additional information: 
-------------------------------------------------------  ---------------------- 
 14. Contact name:                                        Mr Cédric Testut 
-------------------------------------------------------  ---------------------- 
 15. Contact telephone number:                            + 33 1 44 44 08 92 
-------------------------------------------------------  ---------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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