4 Jun 2015 16:11
For Immediate Release
4 June 2015
General Industries plc ("General Industries" or "the Company")
Holding(s) in Company
The Company announces that it has yesterday received the following TR-1 notification as set out below without amendment.
For further information please contact:
Richard Wollenberg, Chairman, General Industries plc 01784 437 444
Roland Cornish, Beaumont Cornish Limited, Financial Advisor 020 7628 3396
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi |
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | General Industries 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 | ||||
An event changing the breakdown of voting rights | ||||
Other (please specify): | Change in our Terms & Conditions restricting the exercise of Voting Rights to Discretionary client holdings | X | ||
3. Full name of person(s) subject to thenotification obligation: iii |
Investec Wealth & Investment Limited | |||
4. Full name of shareholder(s) (if different from 3.):iv |
N/A | |||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 1st June 2015 | |||
6. Date on which issuer notified: | 3rd June 2015 | |||
7. Threshold(s) that is/are crossed orreached: vi, vii | 2% | |||
8. Notified details: | ||||||||||||||||
A: Voting rights attached to shares viii, ix | ||||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | ||||||||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | ||||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | ||||||||||||
Ordinary Shares | 350,000
| 350,000
| 250,000
| 250,000
| 2.43%
| |||||||||||
GB00BPYP3Q26
| ||||||||||||||||
B: Qualifying Financial Instruments | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | ||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to
| % of voting rights xix, xx
| |||||||||||
| Nominal | Delta | ||||||||||||||
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
250,000 | 2.43% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
Discretionary client holdings registered in the name of Nominee companies 100% owned by Investec Wealth & Investment Limited.
| ||
Proxy Voting: | ||
10. Name of the proxy holder: |
N/A | |
11. Number of voting rights proxy holder will ceaseto hold: |
N/A | |
12. Date on which proxy holder will cease to holdvoting rights: |
N/A | |
13. Additional information: |
The change in holding shown on this disclosure is not the result of a market trade and solely represents the difference between our overall Nominee position on behalf of all clients and our Nominee position on behalf of Discretionary clients following a change to our client Terms and Conditions.
| |
14. Contact name: |
Phil Beardwell Chartered FCSI Senior Compliance Manager
| |
15. Contact telephone number: |
020 7597 1356 | |