TIDMSERV

RNS Number : 0639A

Servelec Group plc

21 December 2017

TR-1: Standard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant 
  issuer and to the FCA in Microsoft Word format if possible)(i) 
------------------------------------------------------------------------------------------------------- 
 
 1a. Identity of the issuer                                                          Servelec Group plc 
  or the underlying issuer 
  of existing shares to which 
  voting rights are attached(ii) 
  : 
-------------------------------------------------  ---------------------------------------------------- 
 1b. Please indicate if the issuer is a non-UK issuer 
  (please mark with an "X" if appropriate) 
------------------------------------------------------------------------------------------------------- 
 Non-UK issuer 
----------------------------------------------------------------------------------------  ------------- 
 2. Reason for the notification (please mark the appropriate 
  box or boxes with an "X") 
------------------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                                    X 
----------------------------------------------------------------------------------------  ------------- 
 An acquisition or disposal of financial instruments                                            X 
----------------------------------------------------------------------------------------  ------------- 
 An event changing the breakdown of voting rights 
----------------------------------------------------------------------------------------  ------------- 
 Other (please specify)(iii) : 
----------------------------------------------------------------------------------------  ------------- 
 3. Details of person subject to the notification obligation(iv) 
 Name                                                          MVN Asset Management Limited 
 City and country of registered 
  office (if applicable) 
 4. Full name of shareholder(s) (if different from 3.)(v) 
------------------------------------------------------------------------------------------------------- 
 Name                                               MVN Event Driven Master Fund 
                                                     Limited 
                                                     Maven Investment Partners 
                                                     Ltd 
                                                     (clients of MVN Asset Management 
                                                     Limited - discretionary management) 
-------------------------------------------------  ---------------------------------------------------- 
 City and country of registered 
  office (if applicable) 
-------------------------------------------------  ---------------------------------------------------- 
 5. Date on which the threshold                     20/12/2017 
  was crossed or reached(vi) 
  : 
-------------------------------------------------  ---------------------------------------------------- 
 6. Date on which issuer notified                   21/12/2017 
  (DD/MM/YYYY): 
-------------------------------------------------  ---------------------------------------------------- 
 7. Total positions of person(s) subject to the notification 
  obligation 
------------------------------------------------------------------------------------------------------- 
                               % of voting             % of voting          Total of       Total number 
                              rights attached        rights through         both in %       of voting 
                                 to shares              financial          (8.A + 8.B)      rights of 
                                 (total of             instruments                          issuer(vii) 
                                   8. A)                (total of 
                                                       8.B 1 + 8.B 
                                                           2) 
----------------------  -------------------------  ------------------  -----------------  ------------- 
 Resulting 
  situation 
  on the date 
  on which 
  threshold 
  was crossed 
  or reached             1.652%                     2.564%              4.216%             69,843,173 
----------------------  -------------------------  ------------------  -----------------  ------------- 
 Position 
  of previous 
  notification 
  (if 
  applicable)            1.188%                     1.845%              3.033% 
----------------------  -------------------------  ------------------  -----------------  ------------- 
 
 
 
 8. Notified details of the resulting situation on the 
  date on which the threshold was crossed or reached(viii) 
-------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
-------------------------------------------------------------------------------------------------------------- 
 Class/type              Number of voting rights(ix)            % of voting rights 
  of 
  shares 
  ISIN code 
  (if possible) 
---------------------- 
                                Direct            Indirect                 Direct                  Indirect 
                               (Art 9 of          (Art 10 of              (Art 9 of               (Art 10 of 
                               Directive          Directive               Directive                Directive 
                             2004/109/EC)        2004/109/EC)            2004/109/EC)            2004/109/EC) 
                               (DTR5.1)           (DTR5.2.1)               (DTR5.1)               (DTR5.2.1) 
---------------------   ---------------------  --------------  ------------------------------  --------------- 
 GB00BFRBTP86            0                          1,153,738                                           1.652% 
----------------------  ---------------------  --------------  ------------------------------  --------------- 
 
 
 SUBTOTAL 
  8. A                   1,153,738                                                  1.652% 
----------------------  -------------------------------------  ----------------------------------------------- 
 
 B 1: Financial Instruments according to Art. 13(1)(a) 
  of Directive 2004/109/EC (DTR5.3.1.1 (a)) 
-------------------------------------------------------------------------------------------------------------- 
 Type of financial       Expiration             Exercise/       Number of voting                % of voting 
  instrument              date(x)                Conversion      rights that                     rights 
                                                 Period(xi)      may be acquired 
                                                                 if the instrument 
                                                                 is 
                                                                 exercised/converted. 
----------------------  ---------------------  --------------  ------------------------------  --------------- 
 
 
 
                                                SUBTOTAL 8. 
                                                 B 1            0                               0 
                                               --------------  ------------------------------  --------------- 
 
 B 2: Financial Instruments with similar economic effect 
  according to Art. 13(1)(b) of Directive 2004/109/EC 
  (DTR5.3.1.1 (b)) 
-------------------------------------------------------------------------------------------------------------- 
 Type of                Expiration              Exercise/       Physical           Number       % of voting 
  financial              date(x)                Conversion      or cash             of voting    rights 
  instrument                                    Period          settlement(xii)     rights 
                                                (xi) 
---------------------  ----------------------  --------------  -----------------  -----------  --------------- 
 Swap                   30/03/2018                              Cash settlement     1,791,040           2.564% 
---------------------  ----------------------  --------------  -----------------  -----------  --------------- 
 
 
                                                                SUBTOTAL 
                                                                 8.B.2              1,791,040           2.564% 
                                                               -----------------  -----------  --------------- 
 
 
 
 
 9. Information in relation to the person subject to 
  the notification obligation (please mark the 
  applicable box with an "X") 
 Person subject to the notification obligation is 
  not controlled by any natural person or legal entity 
  and does not control any other undertaking(s) holding 
  directly or indirectly an interest in the (underlying) 
  issuer(xiii) 
 Full chain of controlled undertakings through which                          x 
  the voting rights and/or the 
  financial instruments are effectively held starting 
  with the ultimate controlling natural person or 
  legal entity(xiv) (please add additional rows as 
  necessary) 
------------------------------------------------------------------  --------------------- 
       Name(xv)           % of voting          % of voting             Total of both 
                          rights if it        rights through            if it equals 
                          equals or is     financial instruments        or is higher 
                          higher than          if it equals          than the notifiable 
                         the notifiable        or is higher               threshold 
                           threshold        than the notifiable 
                                                 threshold 
---------------------  ----------------  -----------------------  ----------------------- 
 MVN Asset Management 
  Limited 
---------------------  ----------------  -----------------------  ----------------------- 
 Maven Investment 
  Partners Ltd 
---------------------  ----------------  -----------------------  ----------------------- 
 MVN Event Driven 
  Master Fund 
  Limited 
---------------------  ----------------  -----------------------  ----------------------- 
 
 
 
 10. In case of proxy voting, please identify: 
----------------------------------------------------------------------------------------- 
 Name of the proxy holder 
---------------------------------------  ------------------------------------------------ 
 The number and % of voting 
  rights held 
---------------------------------------  ------------------------------------------------ 
 The date until which the 
  voting rights will be held 
---------------------------------------  ------------------------------------------------ 
 
 11. Additional information(xvi) 
----------------------------------------------------------------------------------------- 
 
 
 
 
 Place of completion   London 
--------------------  ----------- 
 Date of completion    21/12/2017 
--------------------  ----------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 21, 2017 05:10 ET (10:10 GMT)

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