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Waterman

WTM 139.5p 0.0  0.0%
05/07/17 3.00k


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Waterman Group PLC - Holding(s) in Company

Announcement: Tue 6th June, 2017 11:28am
RNS Number : 2877H
Waterman Group PLC
06 June 2017

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi



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

Waterman Group PLC

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

x

An event changing the breakdown of voting rights


Other (please specify):



3. Full name of person(s) subject to the
notification obligation:
iii

MVN Asset Management Limited

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

MVN Event Driven Master Fund Limited

Maven Investment Partners Ltd

(clients of MVN Asset Management Limited - discretionary management)

5. Date of the transaction and date on
which the threshold is crossed or
reached:
v

05/06/2017

6. Date on which issuer notified:

06/06/2017

7. Threshold(s) that is/are crossed or
reached:
vi, vii

14%



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

GB0009422543

2,070,457

2,070,457

2,129,146


2,129,146


6.92%



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







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

Swap

n/a

29/03/2018


2,235,603

Nominal

Delta

7.27%

1.0


Total (A+B+C)

Number of voting rights

Percentage of voting rights

4,364,749

14.19%



9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
xxi

The beneficial owners of the shares/ financial Instruments with similar economic effect to Qualifying Financial Instruments are Maven Investment Partners Ltd and MVN Event Driven Master Fund Limited respectively, which are both managed under a discretionary management agreement by MVN Asset Management Limited. The shares/ financial Instruments with similar economic effect to Qualifying Financial Instruments are held by the prime broker of MVN Event Driven Master Fund Limited, Merrill Lynch International and by the prime broker of Maven Investment Partners Ltd, ABN Amro Clearing NV. As a result, we have classified the voting rights in section 8A above as 'indirect'.


Proxy Voting:

10. Name of the proxy holder:

ABN Amro Clearing NV

Merrill Lynch International

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:



14. Contact name:

Raphael Kain

Peter Teng

15. Contact telephone number:

+44 20 3005 3780

+44 20 3876 8718


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



 
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