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RNS Number : 3686A
Cronin Group PLC
28 September 2015
 

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi



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

Cronin 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):

Placing and acquisition

X

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

IP Group plc

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

See section 9

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

15 September 2015

6. Date on which issuer notified:

28 September 2015

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

 

Direct interests: 22% reached

Indirect interests: 6% reached

Combined direct and indirect interests: 29% reached

 


 

8. Notified details:

A: Voting rights attached to shares viii, ix

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 x

Direct xi

Indirect xii

Direct

Indirect

Ordinary 0.01p Shares

28,503,396

28,503,396

152,790,498

118,766,618

34,023,880

22.59%

6.47%

GB00B29YYY86


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date xiii

Exercise/
Conversion Period xiv

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 xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date xvii

Exercise/
Conversion period xviii

Number of voting rights instrument refers to

 

% of voting rights xix, xx

 





 

 

Nominal

Delta




Total (A+B+C)

Number of voting rights

Percentage of voting rights

 

152,790,498

 

29.06%

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

 

Direct interests:

 

IP2IPO Limited - 118,766,618

 

IP2IPO Limited is a 100% owned subsidiary of IP Group plc.

 

Indirect interests:

 

IP Venture Fund II LP - 33,750,396

 

IP Venture Fund II LP is a limited partnership fund that is managed by Top Technology Ventures Limited, a 100% subsidiary of IP Group plc.

 

IP2IPO Nominees Limited - 273,484

 

IP2IPO Nominees Limited is a 100% owned subsidiary of IP Group plc acting as nominee on behalf of current IP Group plc members of staff.

 


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:

Based on 525,739,933 Ordinary Shares in issue

14. Contact name:

Greg Smith

15. Contact telephone number:

020 7444 0050

 


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