Source - RNS
RNS Number : 0455M
MITIE Group PLC
07 October 2016
 

7 October 2016

Mitie Group plc

 

Mitie Group plc ("Mitie") - Notification of substantial shareholding

Mitie has received the following notification in relation to a major interest in its shares.

 

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

Mitie 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:

Silchester International Investors LLP

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

Silchester International Investors International Value Equity Taxable Trust

Silchester International Investors International Value Equity Trust

Silchester International Investors International Value Equity Group Trust

Silchester International Investors Tobacco Free International Value Equity Trust

The Calleva Trust

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

6 October 2016

6. Date on which issuer notified:

6 October 2016

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

Above 10%

 

 

 

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 

Indirect

Direct

Indirect

 

GB0004657408

Common Stock

17,795,858

17,795,858



36,169,272


10.07%

 

 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ Conversion  Period/ Date

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

% of voting rights

N/A

N/A

N/A

N/A

N/A

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

N/A

N/A

N/A

N/A

N/A

Nominal

Delta

N/A

N/A

 

 

 

Total (A+B+C)

Number of voting rights

% of voting rights

36,169,272

10.07%

 

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

 

N/A

 

 

Proxy Voting:

10. Name of the proxy holder:

Silchester International Investors LLP

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:

Silchester International Investors LLP ("Silchester") acts as investment manager for the clients detailed in Question 4 above (our "Clients"). In acting for our Clients, Silchester are given full discretion over their investments and are empowered to vote on their behalf. However, we do not act as our Clients' custodian and therefore shares are not held in our name but in the name of each Client's custodian bank.

The change in Silchester's holdings was due to a series of transactions over a series of different trading days. Details of the number of shares held before the change (shown in Section A) represent the shares held by Silchester's clients as of the date of our last Notice of Substantial Shareholder's Interest (a notification of crossing above 5% of the company's voting rights) and not as of the last trading day before which this disclosure was triggered.

Notification is provided based on a total voting rights figure of 359,046,971.

14. Contact name:

John Telling , Group Corporate Affairs Director

15. Contact telephone number:

T:  +44 (0)20 3123 8673    M: 07979 701006               

 

 

 

 

 

For further information, contact:

 

John Telling

Group Corporate Affairs Director, Mitie Group plc

T: +44 (0)20 3123 8673                  M: +44 (0)7979 701006                      E: [email protected]

 

Lauren Hepburn

Investor and Public Relations Manager, Mitie Group plc

T: +44 (0)20 3123 8720                    M: +44 (0)7469 405426                    E: [email protected]

 

 

Notes for editors

 

What is Mitie?

Mitie is a FTSE250 strategic outsourcing company.

We work with people who want to perform better - now and in the future. We help our clients to run more efficient and effective businesses by looking after their facilities, their energy needs and the people they're responsible for.

We're all about developing our people to excel every day, challenge the status quo, and inspire change in the way people live and work.

Find out more at www.mitie.com

 


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