TIDMHWG

RNS Number : 6081J

Harworth Group PLC

08 April 2015

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                                        HARWORTH GROUP PLC 
  the underlying 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 
--------------------------------------------------------------------------------------------------- 
 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                                              Placement & Name change resulting         X 
  specify):                                                 in no change in % holding 
---------------------------------------------------------  ---------------------------------------- 
 3. Full name of person(s)                                                Pelham Long/Short Master Fund 
  subject to the                                                                                Limited 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ------------------------------------------ 
 4. Full name of shareholder(s)                                                                     N/A 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ------------------------------------------ 
 5. Date of the transaction                                                                         N/A 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ------------------------------------------ 
 6. Date on which issuer                                                               7(th) April 2015 
  notified: 
-----------------------------------------------------------  ------------------------------------------ 
 7. Threshold(s) that is/are                                                                        N/A 
  crossed or 
  reached: (vi, vii) 
-----------------------------------------------------------  ------------------------------------------ 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------------------ 
 Class/type     Situation previous                      Resulting situation after the 
  of             to the triggering                       triggering transaction 
  shares         transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
-------------  --------------------------------------  ----------------------------------------------------------------------- 
                Number              Number              Number          Number of                     % of voting 
                 of                  of                  of shares       voting                        rights (x) 
                 Shares              Voting                              rights 
                                     Rights 
-------------  ------------------  ------------------  --------------  ----------------------------  ------------------------- 
                                                        Direct          Direct          Indirect      Direct        Indirect 
                                                                         (xi)            (xii) 
-------------      --------------    --------------    --------------  --------------  ------------  ------------  ----------- 
 
 GB0007190720   51,753,120.00       51,753,120.00       249,825,937     249,825,937                   8.55 
-------------  ------------------  ------------------  --------------  --------------  ------------  ------------  ----------- 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------------ 
 Type of            Expiration        Exercise/                           Number of voting                % of voting 
 financial           date              Conversion                          rights that                     rights 
 instrument          (xiii)            Period (xiv)                        may be 
                                                                           acquired if 
                                                                           the 
                                                                           instrument 
                                                                           is 
                                                                           exercised/ 
                                                                           converted. 
-----------------  ----------------  ----------------------------------  ------------------------------  --------------------- 
 
 
 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 
 financial         price            date              Conversion         rights instrument               rights (xix, 
 instrument                         (xvii)            period             refers to                       xx) 
                                                      (xviii) 
---------------  ----------------  ----------------  ----------------  ------------------------------  ----------------------- 
                                                                                                        Nominal       Delta 
---------------  ----------------  ----------------  ----------------  ------------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                                  Percentage of voting rights 
-------------------------------------------------------  --------------------------------------------------------------------- 
 249,825,937                                              8.55 
-------------------------------------------------------  --------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
--------------------------------------------------------------------------------------------- 
 
                                              N/A 
 
 Proxy Voting: 
--------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                            N/A 
-------------------------------------------------------  ------------------------------------ 
 11. Number of voting rights proxy 
  holder will cease 
  to hold: 
-------------------------------------------------------  ------------------------------------ 
 12. Date on which proxy holder will 
  cease to hold 
  voting rights: 
-------------------------------------------------------  ------------------------------------ 
 
                                                          Prior to the placement we 
  13. Additional information:                              held 8.55% in Coalfield Resources. 
                                                           We acquired 198,072,817 shares 
                                                           as part of a restructuring 
                                                           and still own 8.55% of the 
                                                           new company, Harworth Group 
                                                           Plc. 
                                                           As discussed with the company 
                                                           we noticed on Bloomberg that 
                                                           the Pelham holding is incorrect, 
                                                           hence we are providing a 
                                                           TR1 (as requested by the 
                                                           company) as the preferred 
                                                           route for them to update 
                                                           on Bloomberg/RNS. 
-------------------------------------------------------  ------------------------------------ 
 14. Contact name:                                                                  Alex Bell 
-------------------------------------------------------  ------------------------------------ 
 15. Contact telephone number:                                                  020 7747 0200 
-------------------------------------------------------  ------------------------------------ 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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