TIDMWHI

RNS Number : 9882C

W.H. Ireland Group PLC

21 April 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                                            WH Ireland 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                                              Change in issued ordinary share capital         X 
  specify):                                                 following admission of new shares. 
---------------------------------------------------------  ---------------------------------------------- 
 3. Full name of person(s)                                                        Polygon Global Partners LLP 
  subject to the                                                                        Reade Eugene Griffith 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ------------------------------------------------ 
 4. Full name of shareholder(s)                                                                           N/A 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ------------------------------------------------ 
 5. Date of the transaction                                                                     20 April 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ------------------------------------------------ 
 6. Date on which issuer                                                                        21 April 2017 
  notified: 
-----------------------------------------------------------  ------------------------------------------------ 
 7. Threshold(s) that is/are                                                                        Below 25% 
  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) 
---------------      -----------    -----------    -------------  ---------  -----------  ---------------  ----------- 
 Common Stock     6,872,126                                                   6,872,126                     24.993% 
                 ---------------  ---------------  -------------  ---------  -----------  ---------------  ----------- 
 (GB0009241885) 
---------------      -----------    -----------      -----------    -------  -----------      -----------    --------- 
 
 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) 
-----------------  -------------  -------------  ---------------  ------------------------  -------------------------- 
 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                              Percentage of voting rights 
---------------------------------------------------  ----------------------------------------------------------------- 
 6,872,126                                            24.993% 
---------------------------------------------------  ----------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
--------------------------------------------------------------------------------------- 
 
   Reade Griffith holds a majority of the voting rights 
   in Polygon Global Partners LLP. Consequently, Polygon 
   Global Partners LLP is a "controlled undertaking" in 
   relation to Mr. Griffith. 
 
 Proxy Voting: 
--------------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                                      N/A 
-------------------------------------------------------  ------------------------------ 
 11. Number of voting rights proxy                                                  N/A 
  holder will cease to hold: 
-------------------------------------------------------  ------------------------------ 
 12. Date on which proxy holder will                                                N/A 
  cease to hold voting rights: 
-------------------------------------------------------  ------------------------------ 
 
                                                          Polygon Global Partners LLP 
  13. Additional information:                              is the investment manager 
                                                           to a fund, Polygon European 
                                                           Equity Opportunity Master 
                                                           Fund, and a separate managed 
                                                           account that, between them, 
                                                           hold the positions referred 
                                                           to in this notification. 
-------------------------------------------------------  ------------------------------ 
 14. Contact name:                                                     Katharine Ostrow 
-------------------------------------------------------  ------------------------------ 
 15. Contact telephone number:                                        +44 020 7901 8331 
-------------------------------------------------------  ------------------------------ 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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