REG - TP ICAP PLC - Holding(s) in Company <Origin Href="QuoteRef">TCAPI.L</Origin>

TP IcapAnnouncement

12/01/2017 17:10

RNS Number : 0720U
TP ICAP PLC
12 January 2017
TR1 Notification of major interests in shares
1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:ii
TP ICAP plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
X
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 specify):
3. Full name of person(s) subject to the
notification obligation:iii
Silchester International Investors LLP
4. Full name of shareholder(s)
(if different from 3.):iv
Silchester International Investors International Value Equity Taxable Trust
Silchester International Investors International Value Equity Trust
Silchester International Investors International Value Equity Group Trust
Silchester International Investors Tobacco Free International Value Equity Trust
The Calleva Trust
5. Date of the transaction and date on
which the threshold is crossed or
reached:v
3rd January 2017
6. Date on which issuer notified:
12th January 2017
7. Threshold(s) that is/are crossed or
reached: vi, vii
Below 5%
8. Notified details:
A: Voting rights attached to sharesviii, ix
Class/type of
shares

if possible using
the ISIN CODE
Situation previous
to the triggering
transaction
Resulting situation after the triggering transaction
Number
of
Shares
Number
of
Voting
Rights
Number
of shares
Number of voting
rights
% of voting rights x
Direct
Direct xi
Indirect xii
Direct
Indirect
GB00B1H0DZ51
54,841,260
54,841,260
25,608,845
4.62%
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial
instrument
Expiration
date xiii
Exercise/
Conversion Period xiv
Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.
% of voting
rights
N/A
N/A
N/A
N/A
N/A
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial
instrument
Exercise price
Expiration date xvii
Exercise/
Conversion period xviii
Number of voting rights instrument refers to
% of voting rights xix, xx
N/A
N/A
N/A
N/A
N/A
Nominal
Delta
N/A
N/A
Total (A+B+C)
Number of voting rights
Percentage of voting rights
25,608,845
4.62%
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi
N/A
Proxy Voting:
10. Name of the proxy holder:
Silchester International Investors LLP
11. Number of voting rights proxy holder will cease
to hold:
N/A
12. Date on which proxy holder will cease to hold
voting rights:
N/A

13. Additional information:

Silchester International Investors LLP ("Silchester") acts as investment manager for the clients detailed in Question 4 above (our "Clients"). In acting for our Clients, Silchester are given full discretion over their investments and are empowered to vote on their behalf. However, we do not act as our Clients' custodian and therefore shares are not held in our name but in the name of each Client's custodian bank. 
Silchester previously controlled shares in ICAP plc. Following the transaction with Tellett Prebon plc and subsequent issuance of shares, Silchester's control over TP ICAP plc has fallen below 5%. The shares shown prior to the transaction reflect the shares that Silchester controlled in ICAP plc prior to the restructuring and the corporate action and equated to approximately 8.4% of ICAP plc's then issued share capital and voting rights.
Notification is provided based on a total voting rights figure of 554,132,671.
14. Contact name:
Timothy J. Linehan, Chief Compliance Officer
15. Contact telephone number:
0207 518 7125
Note: Annex should only be submitted to the FCA not the issuer
Annex: Notification of major interests in share
A: Identity of the persons or legal entity subject to the notification obligation
Full name 
(including legal form of legal entities)
Silchester International Investors LLP
Contact address 
(registered office for legal entities)
Time & Life Building
1 Bruton Street, 5th Floor
London W1J 6TL
Phone number & email
0207 518 7125, tlinehan@silchester.com
Other useful information 
(at least legal representative for legal persons)
Attn: Timothy Linehan, Chief Compliance Officer
B: Identity of the notifier, if applicable
Full name
Timothy Linehan, Chief Compliance Officer
Silchester International Investors LLP
Contact address
Time & Life Building
1 Bruton Street, 5th Floor
London W1J 6TL
Phone number & email
0207 518 7125, tlinehan@silchester.com
Other useful information
(e.g. functional relationship with the person or legal entity subject to the notification obligation)
C: Additional information
For notes on how to complete form TR-1 please see the FCA website.

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