Lombard Risk Management PLC Holding(s) in Company (2447C)
June 24 2016 - 9:01AM
UK Regulatory
TIDMLRM
RNS Number : 2447C
Lombard Risk Management PLC
24 June 2016
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
--------------------------------------------------
1. Identity of the issuer or Lombard Risk Management
the underlying issuer plc
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 Yes
---------------------------------------------------------------- ----------------------------------
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) Ruffer LLP (for its discretionary
subject to the clients of the Ruffer Group)
notification obligation:
(iii)
--------------------------------------------------------- -----------------------------------------
4. Full name of shareholder(s)
(if different from 3.):(iv)
--------------------------------------------------------- -----------------------------------------
5. Date of the transaction 23 June 2016
and date on
which the threshold is
crossed or
reached: (v)
--------------------------------------------------------- -----------------------------------------
6. Date on which issuer 23 June 2016
notified:
--------------------------------------------------------- -----------------------------------------
7. Threshold(s) that is/are Below 5% to 7%
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)
-------------- ----------- ----------- ------------- ------------- ----------- ------------ -----------
- 7% -
GB00B030JP46
----------- ------------ -----------
8,588,468 8,588,468 31,445,612 31,445,612
-------------- --------------- --------------- ------------- ------------- ----------- -------- ---------
B: Qualifying Financial Instruments
----------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
----------------------------------------------------------------------------------------------------------------------
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date Conversion rights that rights
(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
-------------------------------------------------- ------------------------------------------------------------------
31,445,612 7%
-------------------------------------------------- ------------------------------------------------------------------
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:
------------------------------------------------------- ------------------------------------
Ruffer LLP now controls the
13. Additional information: voting rights over 31,445,612
shares (7% of the voting
rights) of Lombard Risk Management
plc which are held by the
discretionary clients of
Ruffer LLP and its subsidiaries
(the voting of which is all
controlled by Ruffer LLP).
This change from below 5%
to 7% is due to a placing
of 91,428,572 new Ordinary
Shares in which Ruffer LLP
purchased 22,857,144 of these
new shares. The new shares
were admitted to the market
on 23 June 2016.
------------------------------------------------------- ------------------------------------
14. Contact name: Louise Stanway
------------------------------------------------------- ------------------------------------
15. Contact telephone number: 020 7963 8146
------------------------------------------------------- ------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
HOLUSVURNBANUAR
(END) Dow Jones Newswires
June 24, 2016 09:01 ET (13:01 GMT)
Lombard Risk Management (LSE:LRM)
Historical Stock Chart
From Dec 2024 to Jan 2025
Lombard Risk Management (LSE:LRM)
Historical Stock Chart
From Jan 2024 to Jan 2025
