Velocity Composites PLC TR-1: Notification of Major Interest in Shares (0151G)
May 23 2017 - 11:03AM
UK Regulatory
TIDMVEL
RNS Number : 0151G
Velocity Composites PLC
23 May 2017
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
----------------------------------------------------------------------------------------------------------
1. Identity of the issuer or the underlying Velocity Composites 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 Killik & Co LLP
to the
notification obligation: (iii)
----------------------------------------------------------- ---------------------------------------------
4. Full name of shareholder(s) Platform Securities
(if different from 3.):(iv) (on behalf of various discretionary
clients of Killik & Co LLP)
----------------------------------------------------------- ---------------------------------------------
5. Date of the transaction and date 18(th) May 2017
on
which the threshold is crossed or
reached: (v)
----------------------------------------------------------- ---------------------------------------------
6. Date on which issuer notified: 19(th) May 2017
----------------------------------------------------------- ---------------------------------------------
7. Threshold(s) that is/are crossed Opening disclosure above 3%
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)
-------------- ----------- ----------- ------------- ------------ ------------ ------------ -----------
GBP Ord Below Below
GB00BF339H01 3% 3% 1,147,059 1,147,059 3.20%
--------------- --------------- ------------- ------------ ------------ ------------ -----------
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
-------------------------------------------------- ------------------------------------------------------------------
1,147,059 3.20%
-------------------------------------------------- ------------------------------------------------------------------
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:
------------------------------------------------------------- --------------------------
14. Contact name: Adam Schollar, Compliance
Executive at Killik & Co
------------------------------------------------------------- --------------------------
15. Contact telephone number: 020 7337 0400
------------------------------------------------------------- --------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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