REG - Cronin Group PLC IP Group PLC - Holding(s) in Company <Origin Href="QuoteRef">CRON.L</Origin> <Origin Href="QuoteRef">IPO.L</Origin>

IPAnnouncement

22/11/2017 17:55

RNS Number : 2873X
Cronin Group PLC
22 November 2017
TR-1: Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:
Cronin Group plc
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)
Non-UK issuer

2. Reason for the notification (please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights

An acquisition or disposal of financial instruments

An event changing the breakdown of voting rights
X
Other (please specify)iii:

3. Details of person subject to the notification obligationiv
Name
IP Group plc
City and country of registered office (if applicable)
The Walbrook Building, 25 Walbrook, London, EC4N 8AF
4. Full name of shareholder(s) (if different from 3.)v
Name
See section 9
City and country of registered office (if applicable)
See section 9
5. Date on which the threshold was crossed or reachedvi:
08/11/17
6. Date on which issuer notified (DD/MM/YYYY):
22/11/17
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
27.73%
-
27.73%
550,739,933
Position of previous notification (if 
applicable)
29.05%
-
29.05%

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)
GB00B29YYY86
118,766,618
33,943,880
21.57%
6.16%





SUBTOTAL 8. A
152,710,498
27.73%
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
IP Group plc
21.57%
-
21.57%
IP2IPO Limited
21.57%

21.57%
IP2IPO Portfolio L.P.
21.57%
-
21.57%




IP Group plc
6.13%
-
6.13%
Top Technology Ventures Limited
6.13%
-
6.13%
IP Venture Fund II L.P.
6.13%
-
6.13%




IP Group plc
0.03%
-
0.03%
IP2IPO Nominees Limited
0.03%
-
0.03%

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
Notification follows issue of 25,000,000 new ordinary shares on 8 November 2017
Place of completion
The Walbrook Building, 25 Walbrook, London, EC4N 8AF
Date of completion
20/11/2017

This information is provided by RNS
The company news service from the London Stock Exchange
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