TIDMAVS

RNS Number : 8225P

Avesco Group PLC

22 November 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or the underlying                                                         AVESCO GROUP 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 
----------------------------------------------------------------------------------  --------------------------------- 
 Other (please 
  specify): 
------------------------------------------------------------------------  --------  --------------------------------- 
 3. Full name of person(s) subject                                               ODDO Meriten Asset Management Sa 
  to the                                                                             (on behalf of its funds) 
  notification obligation: (iii) 
--------------------------------------------------------------------------  ----------------------------------------- 
 4. Full name of shareholder(s)                                                                N/A 
  (if different from 3.):(iv) 
--------------------------------------------------------------------------  ----------------------------------------- 
 5. Date of the transaction and date                                                     18 November 2016 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
--------------------------------------------------------------------------  ----------------------------------------- 
 6. Date on which issuer notified:                                                       21 November 2016 
--------------------------------------------------------------------------  ----------------------------------------- 
 7. Threshold(s) that is/are crossed                                               HOLDINGS EXCEED 3% THRESHOLD 
  or 
  reached: (vi, vii) 
--------------------------------------------------------------------------  ----------------------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                            Resulting situation after the triggering 
 of              to the triggering                             transaction 
 shares          transaction 
 
 if possible 
 using 
 the ISIN 
 CODE 
-------------  --------------------------------------------  ------------------------------------------------------------ 
                Number                      Number            Number      Number of voting       % of voting rights 
                of                          of                of shares    rights                 (x) 
                Shares                      Voting 
                                            Rights 
-------------  --------------------------  ----------------  ----------  ---------------------  ------------------------- 
                                                              Direct      Direct      Indirect   Direct        Indirect 
                                                                          (xi)         (xii) 
-------------      ---------  -----------      ------------  ----------  ----------  ---------  ------------  ----------- 
 Common 
 shares         0                           0                 945 000     945 000                4.51% 
               --------------------------  ----------------  ----------  ----------  ---------  ------------  ----------- 
 GB0000653229 
-------------      ---------  -----------      ------------    --------    --------  ---------      --------    --------- 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration                Exercise/                     Number of voting         % of voting 
 financial           date (xiii)               Conversion Period             rights that may          rights 
 instrument                                    (xiv)                         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 rights 
 financial        price         date (xvii)      Conversion      rights instrument                  (xix, xx) 
 instrument                                      period          refers to 
                                                 (xviii) 
---------------  -----------  ---------------  --------------  ---------------------------------  ----------------------- 
                                                                                                   Nominal       Delta 
---------------  -----------  ---------------  --------------  ---------------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                        Percentage of voting rights 
-------------------------------------------------------------  ---------------------------------------------------------- 
 945 000                                                        4.51% 
-------------------------------------------------------------  ---------------------------------------------------------- 
 
 
 
 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:                                                                        Sophie SABRI 
                                                                               Email : controleoam@oddomeriten.eu 
----------------------------------------------------------------------------  ------------------------------------ 
 15. Contact telephone number:                                                         +(33) 1 44 51 85 20 
----------------------------------------------------------------------------  ------------------------------------ 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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November 22, 2016 05:10 ET (10:10 GMT)

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