TIDMMER TIDMSDR

RNS Number : 5321K

Mears Group PLC

22 September 2016

 
 For filings with the FCA 
  include the annex 
 For filings with issuer exclude 
  the annex 
 
 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 
------------------------------------------------------------------------------------------------------------- 
 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                                                Type 1 disclosure as per the Transparency 
  specify):                                                   Directive II Regulation 
-----------------------------------------------------------  ------------------------------------------------ 
 3. Full name of person(s)                                                       Schroders plc 
  subject to the 
  notification obligation: 
-------------------------------------------------------------  ------------------------------------------------ 
 4. Full name of shareholder(s)                                       Schroders plc & Schroder Investment 
  (if different from 3.):                                                      Management Limited 
-------------------------------------------------------------  ------------------------------------------------ 
 5. Date of the transaction                                                        19.09.16 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
-------------------------------------------------------------  ------------------------------------------------ 
 6. Date on which issuer                                                           21.09.16 
  notified: 
-------------------------------------------------------------  ------------------------------------------------ 
 7. Threshold(s) that is/are                                                       Above 5% 
  crossed or 
  reached: 
-------------------------------------------------------------  ------------------------------------------------ 
 
 
 
 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                % of voting 
                 of                 of                of shares       voting                   rights 
                 Shares             Voting                            rights 
                                    Rights 
--------------  ----------------  ----------------  --------------  -----------------------  ------------------------- 
                                                     Direct          Direct     Indirect      Direct        Indirect 
                                                                     (xi)        (xii) 
--------------      ------------    ------------    --------------  ---------  ------------  ------------  ----------- 
 
    Ordinary          Below             Below 
  GB0005630420          5%                5%           6,268,075       N/A       6,239,875        N/A         6.086% 
                ----------------  ----------------  --------------  ---------  ------------  ------------  ----------- 
 
 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 
                                      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 
----------------------------------------------------------------  ---------------------------------------------------- 
 
                             6,239,875                                                   6.086% 
----------------------------------------------------------------  ---------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
------------------------------------------------------------------------------------------------- 
 Schroder Investment Management Limited 6,239,875 6.086% 
 
 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: 
-------------------------------------------------------------  ---------------------------------- 
 
                                                                The shares referred to in 
  13. Additional information:                                   section 9 are held in portfolios 
                                                                managed by those firms on 
                                                                a discretionary basis for 
                                                                clients under investment 
                                                                management agreements. This 
                                                                disclosure has been calculated 
                                                                based on issue share capital 
                                                                amount 102,526,212. 
-------------------------------------------------------------  ---------------------------------- 
 14. Contact name:                                                       Shaheen Hussain 
-------------------------------------------------------------  ---------------------------------- 
 15. Contact telephone number:                                          +44 207 658 6000 
-------------------------------------------------------------  ---------------------------------- 
 
 

HOLEASNAALFKEEF

(END) Dow Jones Newswires

September 22, 2016 02:01 ET (06:01 GMT)