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RHL - Redhall News Story

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Last Trade - 23/05/19

Sector
Industrials
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £37.8m
Position in Universe th / 1826

Redhall Group PLC - Holding(s) in Company

Wed 5th April, 2017 4:06pm
RNS Number : 7070B
Redhall Group PLC
05 April 2017

Redhall Group plc

("Redhall" or the "Group")

Holdings in company

Redhall Group plc (AIM: RHL), the high integrity Manufacturing and Specialist Services group, has been notified of the following changes in shareholding as a result of the transfer of the Henderson Volantis team, and the funds managed by them, from Henderson Global Investors (Holdings) Limited ("Henderson") to Lombard Odier Asset Management (Europe) Limited ("Lombard Odier"). There has been a change in manager of the funds that own the assets but no change in beneficial ownership of the assets themselves:

Name of shareholder

Shareholding prior to transfer

% of issued share capital

Shareholding following transfer

% of issued share capital

Henderson Group plc

55,087,179

27.53%

-

-

Lombard Odier Asset Management (Europe) Limited

-

-

55,087,179

27.53%

As a result of the transfer referred to above, Lombard Odier now also manages funds which hold options over 18,500,000 ordinary shares in Redhall* and hold the 5.7m term loan facilities extended to Redhall.

*Such options are convertible at the Company or Lombard Odier's option, subject always to Lombard Odier (and its concert parties') total holdings not exceeding 29.9 per cent. of Redhall's ordinary share capital at the relevant time

Contact details:

Redhall Group plc

Tel: +44 (0) 1924 385 386

Phil Brierley, Chief Executive
Chris Kelly, Group Finance Director




Buchanan


Mark Court, Sophie Cowles, Jane Glover

Tel: +44 (0) 20 7466 5000



GCA Altium, NOMAD and Financial Advisors


Paul Lines, Simon Lord

Tel: +44 (0) 845 505 4343



WH Ireland, Broker


Adrian Hadden, Nick Prowting

Tel: +44 (0) 20 7220 1666


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