2 Nov 2016 11:48
For immediate release | 2 November 2016 |
WALKER GREENBANK PLC
("the Company")
Notifiable Interest
A form TR-1 containing the following information has been received by the Company.
TR-1 notification of major interests in shares
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
WALKER GREENBANK PLC
2. Reason for the notification
An acquisition or disposal of voting rights
An event changing the breakdown of voting rights
Type 1 Disclosure as per the Transparency Directive II Regulation
3. Full name of person(s) subject to the notification obligation:
Schroders Plc
Schroder Investment Management Limited
4. Full name of shareholder(s) (if different from 3):
N/A
5. Date of the transaction (and date on which the threshold is crossed or reached if different):
28th October 2016
6. Date on which issuer notified:
31st October 2016
7. Threshold(s) that is/are crossed or reached:
i. Schroders Plc from 13% - 12%
ii. Schroder Investment Management Limited from 13% - 11%
8. Notified details:
A: Voting rights attached to shares
Class/type of shares if possible using ISIN CODE
| Situation previous to Triggering transaction
| Resulting situation after the triggering transaction Notification required under DTR transitional provision 7 | |||||
Number of Shares | Number of Voting Rights
| Number of shares
| Number of voting rights | % of voting rights | |||
Direct
| Direct | Indirect | Direct | Indirect | |||
GB0003061511 | 8,377,669 | 8,377,669 | 8,626,066 | N/A | 8,626,066 | N/A | 12.402% |
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 |
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after triggering transaction | ||||||
Type of financial instrument | Exercise price | Expiration date | Exercise/Conversion period | Number of voting rights instrument refers to | % of voting rights | |
Nominal | Delta | |||||
Total (A+B+C)
Number of voting rights | % of voting rights
|
8,626,066 | 12.402%
|
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Schroder Investment Management Limited 8,264,269 11.882%
Schroder & Co Limited 361,797 0.52%
10. Name of the Proxy holder:
N/A
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:
CAROLINE GEARY - COMPANY SECRETARY
15. Contact telephone number:
0844 543 4668
Enquiries:
Walker Greenbank PLC | +44 (0) 844 543 4668 |
John Sach, Chief Executive | |
Mike Gant, Chief Financial Officer | |
Caroline Geary, Company Secretary | |
Investec Bank plc | +44 (0) 20 7597 5970 |
Garry Levin / David Anderson - Nominated Adviser | |
Henry Reast - Corporate Broking | |
Buchanan Communications | +44 (0) 20 7466 5000 |
Mark Court / Sophie Cowles / Catriona Flint |