Fairpoint Group plc (FRP)
02-Aug-2016 / 11:18 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group AG.
The issuer is solely responsible for the content of this announcement.
For filings with the FCA include the annex | |||||
For filings with issuer exclude the annex | |||||
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: | FAIRPOINT GROUP PLC | ||||
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 to the notification obligation: | HARGREAVE HALE LIMITED | ||||
4. Full name of shareholder(s) (if different from 3.): | DISCRETIONARY CLIENTS | ||||
5. Date of the transaction and date on which the threshold is crossed or reached: | 29 JULY 2016 | ||||
6. Date on which issuer notified: | 01 AUGUST 2016 | ||||
7. Threshold(s) that is/are crossed or reached: | 17% |
8. Notified details: | |||||||||||||||||
A: Voting rights attached to shares | |||||||||||||||||
Class/type of shares
if possible using |
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 | Indirect | Direct | Indirect | Direct | Indirect | ||||||||||||
GB0032360280 | 7,866,925 | 7,866,925 | 7,496,925 | 7,496,925 | 16.4234% | ||||||||||||
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 | |||||||||||||
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 | ||||||||||||
Nominal | Delta | ||||||||||||||||
Total (A+B+C) | |||||||||||||||||
Number of voting rights | Percentage of voting rights | ||||||||||||||||
7,496,925 | 16.4234% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: | ||
7,380,000 of these shares are held for unit trusts operated by Marlborough Fund Managers Ltd, for whom Hargreave Hale Ltd manages the investments on a discretionary basis. The remaining balance is held on behalf of other discretionary clients. | ||
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: |
David Clueit, Hargreave Hale Ltd | |
15. Contact telephone number: | 01253 754739 |
Fairpoint Group plc published this content on 02 August 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 02 August 2016 09:25:04 UTC.
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