PR Newswire
London, April 7
For filings with the FCA include the annex |
For filings with issuer exclude the annex |
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 | Pacific Assets Trust plc |
2 Reason for the notification (please tick the appropriate box or boxes): |
An acquisition or disposal of voting rights | Yes | |
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | No | |
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | No | |
An event changing the breakdown of voting rights | No | |
Other (please specify): | No | |
3. Full name of person(s) subject to the notification obligation: iii | Investec Wealth & Investment Limited |
4. Full name of shareholder(s) (if different from 3.):iv | N/A |
5. Date of the transaction and date on which the threshold is crossed or reached: v | 6 April 2016 |
6. Date on which issuer notified: | 7 April 2016 |
7. Threshold(s) that is/are crossed or reached: vi, vii | 5% |
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 GB0006674385 | 5,408,750 | 5,408,750 | 6,047,875 | 6,047,875 | 5.06% |
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 |
6,047,875 | 5.06% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi |
Discretionary client holdings registered in the name of Nominee companies 100% owned by Investec Wealth & Investment Limited. |
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: | Mark Pope For and on behalf of Frostrow Capital LLP Company Secretary |
15. Contact telephone number: | 0203 008 4913 |