TIDMMER

RNS Number : 3184H

Mears Group PLC

06 June 2017

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
----------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                                   Mears 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                                  Yes 
-------------------------------------------------------------  -------------------------------- 
 An acquisition or disposal of qualifying financial                           No 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
-------------------------------------------------------------  -------------------------------- 
 An acquisition or disposal of instruments with                               No 
  similar economic effect to qualifying financial 
  instruments 
-------------------------------------------------------------  -------------------------------- 
 An event changing the breakdown of voting rights                             No 
-------------------------------------------------------------  -------------------------------- 
 Other (please                                                                No 
  specify): 
--------------------------------------------------------  ---  -------------------------------- 
 3. Full name of person(s)                                               PrimeStone Capital LLP 
  subject to the 
  notification obligation: 
---------------------------------------------------------  ------------------------------------ 
 4. Full name of shareholder(s)                                 PrimeStone Capital Irish Holdco 
  (if different from 3.):                                                               Limited 
---------------------------------------------------------  ------------------------------------ 
 5. Date of the transaction                                                     5(th) June 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
---------------------------------------------------------  ------------------------------------ 
 6. Date on which issuer                                                        6(th) June 2017 
  notified: 
---------------------------------------------------------  ------------------------------------ 
 7. Threshold(s) that is/are 
  crossed or 
  reached:                                                                                  11% 
---------------------------------------------------------  ------------------------------------ 
 
 
 
 8. Notified details: 
----------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
----------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                Resulting situation after the 
  of             to the triggering                 triggering transaction 
  shares         transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
-------------  --------------------------------  ---------------------------------------------------------------------- 
                Number           Number           Number         Number of voting            % of voting rights 
                of                of               of shares      rights 
                Shares            Voting 
                                  Rights 
-------------  ---------------  ---------------  -------------  --------------------------  --------------------------- 
                                                  Direct         Direct         Indirect     Direct         Indirect 
-------------      -----------    -----------    -------------  -------------  -----------  -------------  ------------ 
                11 206           11 206           11 723 
 GB0005630420    978              978              978           11 723 978     N/A          11.38%         N/A 
               ---------------  ---------------  -------------  -------------  -----------  -------------  ------------ 
 
 
 B: Qualifying Financial Instruments 
----------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration     Exercise/                       Number of voting              % of voting 
 financial           date           Conversion                      rights that                   rights 
 instrument                         Period                          may be 
                                                                    acquired if 
                                                                    the 
                                                                    instrument 
                                                                    is 
                                                                    exercised/ 
                                                                    converted. 
-----------------  -------------  ------------------------------  ----------------------------  ----------------------- 
 
 
 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              % of voting 
 financial         price         date           Conversion        rights instrument             rights 
 instrument                                     period            refers to 
---------------  -------------  -------------  ---------------  ----------------------------  ------------------------- 
                                                                                               Nominal        Delta 
---------------  -------------  -------------  ---------------  ----------------------------  -------------  ---------- 
 
 
 Total (A+B+C) 
----------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                            Percentage of voting rights 
-------------------------------------------------  -------------------------------------------------------------------- 
                    11 723 978                                                    11.38% 
-------------------------------------------------  -------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
-------------------------------------------------------------------------------- 
 
 
 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:                                               Martin Donnelly 
-------------------------------------------------------------  ----------------- 
 15. Contact telephone number:                                  +44 20 7072 3154 
-------------------------------------------------------------  ----------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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