RNS Number : 5926T
Polypipe Group PLC
06 January 2017
 

 




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:

Polypipe Group PLC

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

S

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:

BlackRock, Inc.

4. Full name of shareholder(s)

 (if different from 3.):


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

5 January, 2017

6. Date on which issuer notified:

6 January, 2017

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

Total holding for BlackRock, Inc. has gone above 5%



 

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

GB00BKRC5K31

Below 5%

Below 5%

N/A

N/A

8,414,700

N/A

4.24%


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

Securities Lending



420,486

0.21%


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

 

CFD




1,196,111

Nominal

Delta

0.60%

0.60%


Total (A B C)

Number of voting rights

Percentage of voting rights

10,031,297

5.05%



 

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

 

See Annex 1


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:

 

BlackRock Regulatory Threshold Reporting Team

14. Contact name:

Marc-Oliver Lesch

15. Contact telephone number:

020 7743 3650

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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