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RNS
Shanks Group PLC  -  SKS   

Holding(s) in Company

Released 15:07 31-Jul-2014

RNS Number : 9235N
Shanks Group PLC
31 July 2014
 



TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES



1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:

SHANKS GROUP PLC

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

NO

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

NO

An event changing the breakdown of voting rights

NO

Other (please specify):


NO

3. Full name of person(s) subject to the
notification obligation:

IMPAX ASSET MANAGEMENT GROUP plc

4. Full name of shareholder(s)
 (if different from 3.):

IMPAX ASSET MANAGEMENT LTD

IMPAX ASSET MANAGEMENT (AIFM) LTD

FUNDS (ALL HOLDING <3%)

5. Date of the transaction and date on
which the threshold is crossed or
reached:

29/07/2014

6. Date on which issuer notified:

31/07/2014

7. Threshold(s) that is/are crossed or
reached:

3%



 

8. Notified details:

A: Voting rights attached to shares

Class/type of
shares


if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of  voting rights

Direct

Direct

Indirect

Direct

Indirect

Ordinary Shares

 

GB0007995243 LN

12,176,760

12,176,760

11,926,760

N/A

11,926,760

N/A

2.9986%



B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date

Exercise/
Conversion Period

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights

NIL






C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date

Exercise/
Conversion period

Number of voting rights instrument refers to

 

% of voting rights

 

NIL




 

 

Nominal

Delta




Total (A+B+C)

Number of voting rights

Percentage of voting rights

11,926,760

2.9986%



 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:

 

IMPAX ASSET MANAGEMENT LTD (FRN: 197008) HOLDS 1.6186% IN SHANKS GROUP PLC THROUGH VARIOUS FUNDS (ALL HOLDING <3%).

 

IMPAX ASSET MANAGEMENT (AIFM) LTD (FRN: 613534) HOLDS 1.38% IN SHANKS GROUP PLC THROUGH ONE COMPANY (HOLDING <3%).

 

BOTH IMPAX ENTITIES ARE 100% CONTROLLED BY THE OVERALL PARENT IMPAX ASSET MANAGEMENT GROUP plc WHICH HOLDS AGGREGATE CONTROL OF 2.9986% IN SHANKS GROUP PLC THROUGH ITS SUBSIDIARIES.                                                            

 


Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will cease
to hold:

N/A

12. Date on which proxy holder will cease to hold
voting rights:

N/A



13. Additional information:


Based on 397,741,042 issued ordinary shares

14. Contact name:

Mike Browning - Head of Compliance

15. Contact telephone number:

+44 (0) 20 7432 2626

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Holding(s) in Company - RNS