By LSE RNS
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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
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1. Identity of the issuer or the underlying issuer |
Low & Bonar PLC |
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2 Reason for the notification (please tick the appropriate box or boxes): |
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An acquisition or disposal of voting rights |
YES |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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An event changing the breakdown of voting rights |
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Other (please specify): |
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3. Full name of person(s) subject to the |
Aberforth Partners LLP |
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4. Full name of shareholder(s) |
Nortrust Nominees Ltd |
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5. Date of the transaction (and date on which the threshold is crossed or reached if different) |
02/03/2017 |
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6. Date on which issuer notified: |
03/03/2017 |
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7. Threshold(s) that is/are crossed or |
5% |
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8. Notified details: |
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A: Voting rights attached to shares |
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Class/type of
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Situation previous |
Resulting situation after the triggering transaction |
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Number |
Number |
Number |
Number of voting |
% of voting rights |
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Direct |
Indirect |
Direct |
Indirect |
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Ordinary GB0005363014 |
16,053,449 |
16,053,449 |
19,619,640 |
N/A |
19,619,640 |
N/A |
5.96 |
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B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial |
Expiration |
Exercise/ |
Number of voting |
% of voting |
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N/A |
N/A |
N/A |
N/A |
N/A |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial |
Exercise price |
Expiration date |
Exercise/ |
Number of voting rights instrument refers to
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% of voting rights
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N/A |
N/A |
N/A |
N/A |
N/A |
Nominal |
Delta |
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N/A |
N/A |
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Total (A+B+C) |
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Number of voting rights |
Percentage of voting rights |
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19,619,640 |
5.96 |
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9. Chain of controlled undertakings through which the voting rights and/or the |
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Held by Aberforth Partners LLP
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Proxy Voting: |
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10. Name of the proxy holder: |
N/A |
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11. Number of voting rights proxy holder will cease |
N/A |
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12. Date on which proxy holder will cease to hold |
N/A |
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14. Contact name: |
Pauline Robson, Aberforth Partners LLP
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15. Contact telephone number: |
0131 220 0733 |
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