MITIE Group PLC Holding(s) in Company (3854U)
January 17 2017 - 9:33AM
UK Regulatory
TIDMMTO
RNS Number : 3854U
MITIE Group PLC
17 January 2017
17 January 2017
Mitie Group plc
Mitie Group plc ("Mitie") - Notification of substantial
shareholding
Mitie has received the following notification in relation to a
major interest in its shares.
1. Identity of the issuer or Mitie Group plc
the underlying issuer of existing
shares to which voting rights
are attached:
-------------------------------------------- ----------------------------
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 Silchester International
to the notification obligation: Investors LLP
-------------------------------------------- ----------------------------
4. Full name of shareholder(s) Silchester International
(if different from 3.): Investors International
Value Equity Taxable
Trust
Silchester International
Investors International
Value Equity Trust
Silchester International
Investors International
Value Equity Group
Trust
Silchester International
Investors Tobacco
Free International
Value Equity Trust
The Calleva Trust
-------------------------------------------- ----------------------------
5. Date of the transaction 16 January 2017
and date on which the threshold
is crossed or reached:
-------------------------------------------- ----------------------------
6. Date on which issuer notified: 17 January 2017
-------------------------------------------- ----------------------------
7. Threshold(s) that is/are Above 14%
crossed or reached:
-------------------------------------------- ----------------------------
8. Notified details:
----------------------------------------------------- ------------------------------------------
A: Voting rights attached to shares
------------------------------------------------------------------------------------------------
Class/type Situation previous Resulting situation after
of shares to the triggering the triggering transaction
if possible transaction
using the
ISIN CODE
--------------- ------------------------ -----------------------------------------------------
Number Number Number Number of % of voting
of Shares of Voting of shares voting rights rights
Rights
-------------- ----------- ----------- ----------- -------------------- ------------------
Direct Direct Indirect Direct Indirect
-------------- ----------- ----------- ----------- ------- ----------- ------- ---------
GB0004657408 47,285,434 47,285,434 50,601,085 14.07%
--------------- ----------- ----------- ----------- ------- ----------- ------- ---------
B: Qualifying Financial Instruments
-------------------------------------------------------------------------
Resulting situation after the triggering transaction
-------------------------------------------------------------------------
Type of financial Expiration Exercise/ Number of % of
instrument date Conversion voting rights voting
Period that may be rights
acquired if
the instrument
is exercised/
converted
------------------ ----------- ------------ ---------------- --------
N/A N/A N/A N/A N/A
------------------ ----------- ------------ ---------------- --------
C: Financial Instruments with similar economic
effect to Qualifying Financial Instruments
----------------------------------------------------------------------------------
Resulting situation after the triggering transaction
----------------------------------------------------------------------------------
Type of Exercise Expiration Exercise/ Number % of voting
financial price date Conversion of voting rights
instrument period rights
instrument
refers
to
------------ --------- ----------- ------------ ------------ ----------------
N/A N/A N/A N/A N/A Nominal Delta
------------ --------- ----------- ------------ ------------ -------- ------
N/A N/A
------------ --------- ----------- ------------ ------------ -------- ------
Total (A+B+C)
---------------------------------------------
Number of voting rights % of voting rights
------------------------ -------------------
50,601,085 14.07%
------------------------ -------------------
9. Chain of controlled undertakings through which
the voting rights and/or the financial instruments
are effectively held, if applicable:
----------------------------------------------------
N/A
----------------------------------------------------
Proxy Voting:
--------------------------------------------------------------
10. Name of the proxy holder: Silchester International
Investors LLP
----------------------------------- -------------------------
11. Number of voting rights N/A
proxy holder will cease to hold:
----------------------------------- -------------------------
12. Date on which proxy holder N/A
will cease to hold voting rights:
----------------------------------- -------------------------
13. Additional Silchester International Investors LLP ("Silchester") acts as investment manager for
information: the clients
detailed in Question 4 above (our "Clients"). In acting for our Clients, Silchester are
given
full discretion over their investments and are empowered to vote on their behalf.
However,
we do not act as our Clients' custodian and therefore shares are not held in our name
but
in the name of each Client's custodian bank.
The change in Silchester's holdings was due to a series of transactions over a series
of different
trading days. Details of the number of shares held before the change (shown in Section
A)
represent the shares held by Silchester's clients as of the date of our last Notice of
Substantial
Shareholder's Interest (a notification of crossing above 13% of the company's voting
rights)
and not as of the last trading day before which this disclosure was triggered.
Notification is provided based on a total voting rights figure of 359,576,123.
-------------------------- ------------------------------------------------------------------------------------------
14. Contact name: John Telling , Group Corporate
Affairs Director
-------------------------- ------------------------------------------------------------------------------------------
15. Contact telephone T: +44 (0)20 3123 8673 M: 07979
number: 701006
-------------------------- ------------------------------------------------------------------------------------------
For further information, contact:
John Telling
Group Corporate Affairs Director, Mitie Group plc
T: +44 (0)20 3123 8673 M: +44 (0)7979 701006 E:
John.Telling@mitie.com
Lauren Hepburn
Investor and Public Relations Manager, Mitie Group plc
T: +44 (0)20 3123 8720 M: +44 (0)7469 405426 E:
lauren.hepburn@mitie.com
Notes for editors
What is Mitie?
Mitie is a FTSE250 strategic outsourcing company.
We work with people who want to perform better - now and in the
future. We help our clients to run more efficient and effective
businesses by looking after their facilities, their energy needs
and the people they're responsible for.
We're all about developing our people to excel every day,
challenge the status quo, and inspire change in the way people live
and work.
Find out more at www.mitie.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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