Science in Sport PLC Holding(s) in Company (0317E)
May 03 2017 - 4:23AM
UK Regulatory
TIDMSIS
RNS Number : 0317E
Science in Sport PLC
03 May 2017
SCIENCE IN SPORT PLC
("SiS" or the "Company")
The Company today announces that following the issue of
2,238,029 new ordinary shares to its Employee Benefit Trust to
satisfy future obligations in respect of awards under its long term
incentive plan ("LTIP") and short term incentive plan ("STIP"), as
announced on 23 March 2017, the Company has been notified by Regal
Trustees Limited, the Company's Employee Benefit Trust, that it now
holds 4,390,921 ordinary shares, representing 9.63 per cent. of the
issued share capital of the Company.
A copy of the TR-1 notification of major interest in shares is
set out below:
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
--------------------------------------------------------------------------------------
1. Identity of the issuer or SCIENCE IN SPORT 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 specify): X
The Company has issued a total of 2,238,029 ordinary
shares ("New Shares") to its Employee Benefit
Trust to satisfy future obligations in respect
of awards under its long term incentive plan ("LTIP")
and short term incentive plan ("STIP").
---------------------------------------------------------- --------------------------
3. Full name of person(s) REGAL TRUSTEES LIMITED
subject to the (EMPLOYEE BENEFIT TRUST)
notification obligation:
(iii)
---------------------------------------------------------- --------------------------
4. Full name of shareholder(s)
(if different from 3.):(iv)
---------------------------------------------------------- --------------------------
5. Date of the transaction 30 MARCH 2017
and date on
which the threshold is
crossed or
reached: (v)
---------------------------------------------------------- --------------------------
6. Date on which issuer 2 MAY 2017
notified:
---------------------------------------------------------- --------------------------
7. Threshold(s) that is/are
crossed or
reached: (vi, vii) 5%, 6%, 7%, 8%, 9%
---------------------------------------------------------- --------------------------
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)
------------- ----------- ----------- -------------- ------------ ------------ ------------ -----------
ORDINARY
10P
ISIN:
GB00BBPV5329 2,152,892 2,152,892 4,390,921 4,390,921 - 9.63 -
--------------- --------------- -------------- ------------ ------------ ------------ -----------
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
------------------------------------------------- -------------------------------------------------------------------
4,390,921 9.63
------------------------------------------------- -------------------------------------------------------------------
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 ACQUISITION COMPRISED
AN ISSUE OF SHARES TO REGAL
TRUSTEES LIMITED BY THE ISSUER
AS ANNOUNCED BY THE ISSUER
ON 23 MARCH 2017.
------------------------------------------------------------- --------------------------------
14. Contact name: Sam Hill, Stonehage Flemming
------------------------------------------------------------- --------------------------------
15. Contact telephone number: 00 44 1534 8013 093
------------------------------------------------------------- --------------------------------
For further information:
+44 (0) 20
Science in Sport PLC 7400 3700
Stephen Moon, CEO
Elizabeth Lake, Finance
Director
Cenkos Securities - NOMAD +44 (0) 20
and Broker 7397 8900
Bobbie Hilliam
This information is provided by RNS
The company news service from the London Stock Exchange
END
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