Business
Notification of Major Interest in Shares
Notification of Major Interest in Shares.
About this update from Mears Group Plc
[{"type":"text","content":"\n \nRNS Number : 9437T Mears Group PLC 01 April 2016 \n\n\n\n\n\n\n\n\n\n\nTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES\n\n\n\n\n\n\n\n\n\n\n\n\n1. Identity of the issuer or the underlying issuer\nof existing shares to which voting rights are\nattached: \n\n\nMEARS GROUP PLC\n\n\n\n\n2 Reason for the notification (please tick the appropriate box or boxes):\n\n\n\n\nAn acquisition or disposal of voting rights\n\n\nx\n\n\n\n\nAn acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached\n\n\n\n\n\n\n\nAn acquisition or disposal of instruments with similar economic effect to qualifying financial instruments\n\n\n\n\n\n\n\nAn event changing the breakdown of voting rights\n\n\n\n\n\n\n\nOther (please specify):\n\n\n\n\n\n\n\n\n\n\n3. Full name of person(s) subject to the\nnotification obligation:\n\n\nNeptune Investment Management Limited\n\n\n\n\n4. Full name of shareholder(s) (if different from 3.):\n\n\nn/a\n\n\n\n\n5. Date of the transaction and date on\nwhich the threshold is crossed or\nreached:\n\n\n31st March 2016\n\n\n\n\n6. Date on which issuer notified:\n\n\n1st April 2016\n\n\n\n\n7. Threshold(s) that is/are crossed or\nreached:\n\n\nBelow 12%\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n\n\n\n\n8. Notified details:\n\n\n\n\nA: Voting rights attached to shares\n\n\n\n\nClass/type of\nshares\nif possible using\nthe ISIN CODE\n\n\nSituation previous\nto the triggering\ntransaction\n\n\nResulting situation after the triggering transaction\n\n\n\n\nNumber\nof\nShares\n\n\nNumber\nof\nVoting\nRights\n\n\nNumber\nof shares\n\n\nNumber of voting\nrights\n\n\n% of voting rights\n\n\n\n\nDirect\n\n\nDirect \n\n\nIndirect \n\n\nDirect\n\n\nIndirect\n\n\n\n\n \nGB0005630420\n\n\n12,364,118\n\n\n12,364,118\n\n\n12,099,945\n\n\n12,099,945\n\n\nn/a\n\n\n11.86%\n\n\nn/a\n\n\n\n\n\n\n\n\n\nB: Qualifying Financial Instruments\n\n\n\n\nResulting situation after the triggering transaction\n\n\n\n\nType of financial\ninstrument\n\n\nExpiration\ndate \n\n\nExercise/\nConversion Period \n\n\nNumber of voting\nrights that may be\nacquired if the\ninstrument is\nexercised/ converted.\n\n\n% of voting\nrights\n\n\n\n\nn/a\n\n\nn/a\n\n\nn/a\n\n\nn/a\n\n\nn/a\n\n\n\n\n\n\n\n\n\nC: Financial Instruments with similar economic effect to Qu...