Last checked at 8 Sep 2022 17:17
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB0005630420
Issuer Name
MEARS GROUP PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
Other
Comments
This disclosure is being made due to the exclusion of non-discretionary shares from the reported holding.
3. Details of person subject to the notification obligation
Name
Heronbridge Investment Management LLP
City of registered office (if applicable)
Bath
Country of registered office (if applicable)
United Kingdom
4. Details of the shareholder
Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above
City of registered office (if applicable)
Country of registered office (if applicable)
5. Date on which the threshold was crossed or reached
07-Sep-2022
6. Date on which Issuer notified
08-Sep-2022
7. Total positions of person(s) subject to the notification obligation
% of voting rights attached to shares (total of 8.A) | % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights held in issuer | |
Resulting situation on the date on which threshold was crossed or reached | 5.480000 | 0.000000 | 5.480000 | 6081856 |
Position of previous notification (if applicable) | 5.550000 | 0.000000 | 5.550000 |
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
8A. Voting rights attached to shares
Class/Type of shares ISIN code(if possible) | Number of direct voting rights (DTR5.1) | Number of indirect voting rights (DTR5.2.1) | % of direct voting rights (DTR5.1) | % of indirect voting rights (DTR5.2.1) |
GB0005630420 | 6081856 | 5.480000 | ||
Sub Total 8.A | 6081856 | 5.480000% | ||
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
Type of financial instrument | Expiration date | Exercise/conversion period | Number of voting rights that may be acquired if the instrument is exercised/converted | % of voting rights |
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Sub Total 8.B1 | ||||
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
Type of financial instrument | Expiration date | Exercise/conversion period | Physical or cash settlement | Number of voting rights | % of voting rights |
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Sub Total 8.B2 | |||||
9. Information in relation to the person subject to the notification obligation
1. Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.
Ultimate controlling person | Name of controlled undertaking | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold |
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10. In case of proxy voting
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional Information
Heronbridge Investment Management LLP ("Heronbridge") acts as investment manager for a number of Clients. In acting for our Clients,Heronbridge is given discretion over their investments and may be 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 or institution.In addition to those disclosed above, Heronbridge has an interest in 663,927 shares in the capital of MEARS PLC over which it does not have discretion regarding voting decisions and, therefore, such shares have not been included in the total.Previously, the shares over which Heronbridge does not have discretion regarding voting decisions were included in Heronbridge's reported holding and, therefore, Heronbridge's threshold calculations.No shares resulting in a disclosure threshold being crossed have been transferred by Heronbridge since its last reported holding, and this disclosure is being made only as a result of the exclusion of such non-discretionary shares from Heronbridge's reported holding.
12. Date of Completion
08-Sep-2022
13. Place Of Completion
Bath, UK