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RNS Number : 9997I
BT Group PLC
23 June 2017
 

 

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

BT 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: iii

Atlas Services Belgium S.A.

Orange S.A.

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

Registered holder:

 

Bank of New York (Nominees) Limited

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

Monday 19 June 2017

6. Date on which issuer notified:

Thursday 22 June 2017

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

 

Atlas Services Belgium S.A.: direct holding has fallen below 3% (reduced from 4% to 2.66%)

 

Orange S.A.: indirect holding has fallen below 3% (reduced from 4% to 2.66%)


 

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

Direct xi

Indirect xii

Direct

Indirect

Ordinary shares of £0.05 each

(ISIN Code: GB0030913577) indirectly held by Orange S.A.)

-

398,725,107

-

-

265,725,107

-

2.66

Ordinary shares of £0.05 each

(ISIN Code: GB0030913577) directly held by Atlas Services Belgium S.A.

398,725,107

398,725,107

265,725,107

265,725,107

-

2.66

-


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

265,725,107

2.66


 

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

Orange S.A. owns the entire issued share capital of Atlas Services Belgium SA. On 19 June 2017, Atlas Services Belgium S.A. sold, by way of an Accelerated Book Building Placement, a 1.33% holding in BT Group plc to: (a) the issuer and the BT Group Employee Share Ownership Trust ( in aggregate, a disposal of circa 69 million ordinary shares); and (b) to institutional and qualified investors (a disposal of circa 64 million ordinary shares).

 

Note: The remaining 265,725,107 ordinary shares of the issuer held by Atlas Services Belgium S.A. are registered in the name of Bank of New York (Nominees) Limited in its capacity as nominee of Atlas Services Belgium S.A.

 

 

 


Proxy Voting:

10. Name of the proxy holder:

N/A

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:

N/A

14. Contact name:

Mr Cédric Testut

15. Contact telephone number:

+ 33 1 44 44 08 92

 


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