5 Jun 2015 16:29
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 | Castleton Technology 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 | Yes | |||
Other (please specify): | ||||
3. Full name of person(s) subject to thenotification obligation: iii | Kestrel Partners LLP | |||
4. Full name of shareholder(s) (if different from 3.):iv | Kestrel Opportunities, a cell of Guernsey Portfolios PCC Ltd (through BNY Mellon Nominees Limited) and various other clients of Kestrel Partners LLP (through JIM Nominees Ltd and State Street Nominees Ltd) | |||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 04 June 2015 | |||
6. Date on which issuer notified: | 05 June 2015 | |||
7. Threshold(s) that is/are crossed orreached: vi, vii | Down through 16% | |||
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 of 0.1p each ISIN GB00B8PR3G81 | 187,865,343 | 187,865,343 | n/a | n/a | 187,865,343 | n/a | 15.28% | ||||||||||
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 | |||||||||||||
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 financialinstrument | 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 | ||||||||||||||||
187,865,343 | 15.28% | ||||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
Indirect - BNY Mellon Nominees Limited - 148,023,456 Shares. 12.04% of voting rights Indirect - JIM Nominees Limited - 39,508,887 Shares. 3.21% of voting rights Indirect - State Street Nominees Limited - 333,000 Shares. 0.03% of voting right
| ||
Proxy Voting: | ||
10. Name of the proxy holder: | ||
11. Number of voting rights proxy holder will ceaseto hold: | ||
12. Date on which proxy holder will cease to holdvoting rights: | ||
13. Additional information: | Disclosure based on Total voting rights of 1,229,624,426. Following the increase in the voting rights due to the issue of 74,088,888 new shares, Kestrel's threshold has decreased below 16%The indirect voting rights held under (9) relate to shares held in client portfolios managed by Kestrel Partners LLP under discretionary investment management agreements | |
14. Contact name: | Ian Forrest | |
15. Contact telephone number: | 0203 371 6100 | |