TIDMHWG

RNS Number : 4750I

Harworth Group PLC

25 March 2015

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or the underlying                Harworth Group plc 
  issuer 
  of existing shares to which voting rights 
  are 
  attached: (ii) 
--------------------------------------------------  ---------------------------------- 
 2 Reason for the notification (please tick the appropriate box or boxes): 
-------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                      X 
-----------------------------------------------------------------------------  ------- 
 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                                 X 
-----------------------------------------------------------------------------  ------- 
 Other (please 
  specify): 
-------------------  --------------------------------------------------------  ------- 
 3. Full name of person(s) subject                  Goodweather Holdings Limited 
  to the 
  notification obligation: (iii) 
--------------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s)                      HSDL Nominees Limited; and 
  (if different from 3.):(iv)                         Rulegale Nominees Limited 
--------------------------------------------  ---------------------------------------- 
 5. Date of the transaction and date                      24(th) March 2015 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
--------------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified:                        25(th) March 2015 
--------------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                             25% 
--------------------------------------------  ---------------------------------------- 
 
 
 
 8. Notified details: 
-------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
-------------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                      Resulting situation after the triggering 
 of              to the triggering                       transaction 
 shares          transaction 
 
 if possible 
 using 
 the ISIN 
 CODE 
-------------  --------------------------------------  ------------------------------------------------------------------- 
                Number              Number              Number            Number of voting             % of voting 
                 of                  of                  of shares         rights                       rights (x) 
                 Shares              Voting 
                                     Rights 
-------------  ------------------  ------------------  ----------------  ---------------------------  -------------------- 
                                                        Direct            Direct (xi)   Indirect       Direct     Indirect 
                                                                                         (xii) 
-------------    ----  -----  ---  ----  ----  ------  ----------------  ------------  -------------  ---------  --------- 
 Ordinary 
 Shares         196,468,940         196,468,940         730,674,465       730,674,465                  25.00% 
               ------------------  ------------------  ----------------  ------------  -------------  ---------  --------- 
 GB0007190720 
-------------    ----  -----  ---  ----  ----  ------  -----  ----  ---  ------------  -----  ---     -----      --------- 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of financial      Expiration        Exercise/                  Number of voting               % of voting 
  instrument             date (xiii)       Conversion Period          rights that may                rights 
                                           (xiv)                      be 
                                                                      acquired if the 
                                                                      instrument is 
                                                                      exercised/ converted. 
---------------------  ----------------  -------------------------  -----------------------------  ----------------------- 
 None 
---------------------  ----------------  -------------------------  -----------------------------  ----------------------- 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments (xv, xvi) 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise     Expiration       Exercise/      Number of voting                % of voting rights 
 financial         price        date (xvii)      Conversion     rights instrument               (xix, xx) 
 instrument                                      period         refers to 
                                                 (xviii) 
---------------  -----------  ---------------  -------------  ------------------------------  ---------------------------- 
 None                                                                                          Nominal        Delta 
---------------  -----------  ---------------  -------------  ------------------------------  -------------  ------------- 
 
 
 Total (A+B+C) 
-------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                       Percentage of voting rights 
------------------------------------------------------------  ------------------------------------------------------------ 
 730,674,465                                                   25.00% 
------------------------------------------------------------  ------------------------------------------------------------ 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
----------------------------------------------------------------------------------------- 
 
 
 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:               The threshold is reached as a result 
                                            of the dilution of the notifier's 
                                            prior holding as a result of the issue 
                                            of consideration shares in connection 
                                            with the issuer's acquisition of Harworth 
                                            Estates Property Group Limited and 
                                            the firm placing, placing and open 
                                            offer completed by the issuer on 24(th) 
                                            March 2015. The notifier participated 
                                            in the firm placing. 
 
                                            The disclosure is based on the number 
                                            of Total Voting Rights in issue being 
                                            2,922,697,857 as detailed in the prospectus 
                                            published by the issuer on 3(rd) March 
                                            2015 and the RNS announcement of the 
                                            results of the open offer and placing 
                                            dated 19 March 2015. 
----------------------------------------  ----------------------------------------------- 
 14. Contact name:                                           Chris Eves 
----------------------------------------  ----------------------------------------------- 
 15. Contact telephone number:                              01624 827503 
----------------------------------------  ----------------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLEAKDSAAESEFF

Harworth (LSE:HWG)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more Harworth Charts.
Harworth (LSE:HWG)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more Harworth Charts.