REG - Stobart Group Ltd - TR-1: Notification of Major Interest in Shares

EskenAnnouncement

07/01/2020 14:40

RNS Number : 0383Z
Stobart Group Limited
07 January 2020
 


TR-1: Standard form for notification of major holdings
 



NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i










1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:


STOBART GROUP LIMITED




1b. Please indicate if the issuer is a non-UK issuer  (please mark with an "X" if appropriate)




Non-UK issuer


X




2. Reason for the notification (please mark the appropriate box or boxes with an "X")




An acquisition or disposal of voting rights


X




An acquisition or disposal of financial instruments








An event changing the breakdown of voting rights








Other (please specify)iii:








3. Details of person subject to the notification obligationiv




Name


Harwood Capital LLP (as investment adviser/manager) and 1. Oryx International Growth Fund Limited and 2. North Atlantic Smaller Companies Investment Trust PLC 3. Harwood Capital LLP




City and country of registered office (if applicable)


1.   Guernsey
2.   London, United Kingdom
3.   London, United Kingdom




4. Full name of shareholder(s) (if different from 3.)v




Name


1.   Oryx International Growth Fund Limited
2.   North Atlantic Smaller Companies Investment Trust PLC
3.   Harwood Capital LLP
 




City and country of registered office (if applicable)


As above




5. Date on which the threshold was crossed or reachedvi:


6th January 2020




6. Date on which issuer notified (DD/MM/YYYY):


7th January 2020




7. Total positions of person(s) subject to the notification obligation








% of voting rights attached to shares (total of 8. A)


% of voting rights through financial instruments

(total of 8.B 1 + 8.B 2)


Total of both in % (8.A + 8.B)


Total number of voting rights of issuervii




Resulting situation on the date on which threshold was crossed or reached


1. 6,000,000
2. 20,000,000
3. 300,000
 
 






1. 1.60%
2. 5.34%
3. 0.08%
 


374,652,662




Position of previous notification (if
applicable)


1.   3,500,000
2.   19,000,000
 






 
 0.94%
 5.12%
 
 
















 



8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii




A: Voting rights attached to shares




Class/type of

shares
ISIN code (if possible)


Number of voting rightsix


% of voting rights




Direct
(Art 9 of Directive 2004/109/EC) (DTR5.1)


Indirect
(Art 10 of Directive 2004/109/EC) (DTR5.2.1)


Direct
(Art 9 of Directive 2004/109/EC) (DTR5.1)


Indirect
(Art 10 of Directive 2004/109/EC) (DTR5.2.1)




Ordinary shares of 10p GB00B03HDJ73
1.
2.
3.
 


  6,000,000
 20,000,000
      300,000






1.60%
5.34%
0.08%
 




















































SUBTOTAL 8. A


26,300,000


7.02%




 
 




B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))




Type of financial instrument


Expiration

datex


Exercise/

Conversion Periodxi


Number of voting rights that may be acquired if the instrument is
exercised/converted.


% of voting rights














































































SUBTOTAL 8. B 1












 
 




B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))




Type of financial instrument


Expiration

datex


Exercise/

Conversion Period xi


Physical or cash
settlementxii


Number of voting rights


% of voting rights






























































































SUBTOTAL 8.B.2












 
 















 



9. Information in relation to the person subject to the notification obligation (please mark the
applicable box with an "X")




Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii








Full chain of controlled undertakings through which the voting rights and/or the

financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)


x




Namexv


% of voting rights if it equals or is higher than the notifiable threshold


% of voting rights through financial instruments if it equals or is higher than the notifiable threshold


Total of both if it equals or is higher than the notifiable threshold




Christopher Harwood Bernard Mills


1.60


0


1.60




Harwood Capital Management Ltd
















Harwood Capital LLP
















Oryx International Growth Fund Ltd


































Christopher Harwood Bernard Mills


5.42


0


5.42




Harwood Capital Management Ltd
















Harwood Capital LLP
















North Atlantic Smaller Companies Investment


































Christopher Harwood Bernard Mills


0.8%


0


0.8%




Harwood Capital Management Ltd
















Harwood Capital LLP






















10. In case of proxy voting, please identify:




Name of the proxy holder








The number and % of voting rights held








The date until which the voting rights will be held














11. Additional informationxvi
















 



Place of completion


London




Date of completion


7th January 2020



 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 




This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
HOLFLFFSLRIDIII