6 Jan 2017 17:16
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES | |||||
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: | Polypipe Group PLC | ||||
2 Reason for the notification (please tick the appropriate box or boxes): | |||||
An acquisition or disposal of voting rights | S | ||||
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 thenotification obligation: | BlackRock, Inc. | ||||
4. Full name of shareholder(s) (if different from 3.): | |||||
5. Date of the transaction and date on which the threshold is crossed or reached: | 5 January, 2017 | ||||
6. Date on which issuer notified: | 6 January, 2017 | ||||
7. Threshold(s) that is/are crossed or reached: | Total holding for BlackRock, Inc. has gone above 5% | ||||
8. Notified details: | ||||||||||||||||
A: Voting rights attached to shares | ||||||||||||||||
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 | ||||||||||||
Direct | Direct | Indirect | Direct | Indirect | ||||||||||||
GB00BKRC5K31 | Below 5% | Below 5% | N/A | N/A | 8,414,700 | N/A | 4.24% | |||||||||
B: Qualifying Financial Instruments | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
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 | ||||||||||||
Securities Lending | 420,486 | 0.21% | ||||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financial instrument | Exercise price | Expiration date | Exercise/ Conversion period | Number of voting rights instrument refers to
| % of voting rights
| |||||||||||
CFD | 1,196,111 | Nominal | Delta | |||||||||||||
0.60% | 0.60% | |||||||||||||||
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
10,031,297 | 5.05% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: | ||
See Annex 1 | ||
Proxy Voting: | ||
10. Name of the proxy holder: | ||
11. Number of voting rights proxy holder will cease to hold: | ||
12. Date on which proxy holder will cease to hold voting rights: | ||
13. Additional information: |
BlackRock Regulatory Threshold Reporting Team | |
14. Contact name: | Marc-Oliver Lesch | |
15. Contact telephone number: | 020 7743 3650 | |