TIDMSERV

RNS Number : 3975A

Servelec Group plc

28 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 
--------------------------------------------------------------------------------------  ------------- 
 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                                                SAND GROVE CAPITAL MANAGEMENT 
                                                      LLP 
 City and country of registered                      LONDON, UK 
  office (if applicable) 
 4. Full name of shareholder(s) (if different from 3.)(v) 
----------------------------------------------------------------------------------------------------- 
 Name                                                SAND GROVE OPPORTUNITIES 
                                                      MASTER FUND LTD 
                                                      SAND GROVE TACTICAL FUND 
                                                      LP 
--------------------------------------------------  ------------------------------------------------- 
 City and country of registered                      CAYMAN ISLANDS 
  office (if applicable) 
--------------------------------------------------  ------------------------------------------------- 
 5. Date on which the threshold                      20/12/2017 
  was crossed or reached(vi) 
  : 
--------------------------------------------------  ------------------------------------------------- 
 6. Date on which issuer notified                    27/12/2017 
  (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                                         10.87%            10.87%            69,843,173 
--------------------------------------------------  ----------------  ----------------  ------------- 
 Position 
  of previous 
  notification 
  (if 
  applicable)                                        5.03%             5.03% 
--------------------------------------------------  ----------------  ----------------  ------------- 
 
 
 
 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) 
-------------------   -------------------  -----------------  -------------------------------  --------------- 
 
 
 
 SUBTOTAL 
  8. A 
--------------------  --------------------------------------  ------------------------------------------------ 
 
 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 
                                          -----------------  --------------------------------  --------------- 
 
 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) 
-------------------  -------------------  ----------------  --------------------  -----------  --------------- 
 EQUITY 
  CFD                                                        CASH                  7,597,641    10.87% 
----------------------------------------------------------  --------------------  -----------  --------------- 
 
 
                                         SUBTOTAL 
                                          8.B.2                                    7,597,641    10.87% 
                                        --------------------                      -----------  --------------- 
 
 
 
 
 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                         X 
  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 
  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 
-------------  ------------------  -------------------------  ----------------------- 
 
 
 
 
 
 
 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, UK 
--------------------  ----------- 
 Date of completion    27/12/2017 
--------------------  ----------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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