PR Newswire
London, April 4
| TR-1: Notification of Major Interests in Shares | ||
| 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: | ASHTEAD GROUP PLC | |
| 2. Reason for the notification (yes/no) | ||
| 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 notification obligation: | Harris Associates L.P. | |
| 4. Full name of shareholder(s) (if different from 3): | BNY Mellon Brown Brothers Harriman Northern Trust Company State Street Bank | |
| 5. Date of transaction (and date on which the threshold is crossed or reached if different): | 31 March 2017 | |
| 6. Date on which issuer notified: | 03 April 2017 | |
| 7. Threshold(s) that is/are crossed or reached: | 5% | |
| 8. Notified Details | ||||||||||||||||
| A: Voting rights attached to shares | ||||||||||||||||
| Class/type of shares If possible use 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 | Percentage of voting rights | ||||||||||||
| Direct | Indirect | Direct | Indirect | |||||||||||||
| GB0000536739 Common Stock | 25,561,403 | 25,561,403 | 24,858,254 | 24,858,254 | 4.98% | |||||||||||
| B: Qualifying Financial Instruments | ||||||||||||||||
| Resulting situation after the triggering transaction | ||||||||||||||||
| Type of financial instrument | Expiration date | Exercise/ conversion period | No. of voting rights that may be acquired (if the instrument is exercised/converted) | Percentage of voting rights | ||||||||||||
| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | ||||||||||||||||
| Resulting situation after the triggering transaction | ||||||||||||||||
| Type of financial instrument | Exercise Price | Expiration date | Exercise/ conversion period | No. of voting rights instrument refers to | Percentage of voting rights | |||||||||||
| Nominal | Delta | |||||||||||||||
| Total (A+B+C) | ||||||||||||||||
| Number of voting rights | Percentage of voting rights | |||||||||||||||
| 24,858,254 | 4.98% | |||||||||||||||
| 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: | |
| BNY Mellon - 163,500 Common Stock shares Brown Brothers Harriman - 390,900 Common Stock shares Northern Trust Company - 387,000 Common Stock shares State Street Bank - 23,916,854 Common Stock shares | |
| Proxy Voting: | |
| 10. Name of the proxy holder: | |
| 11. Number of voting rights proxy holder will cease to hold: | |
| 12. Date on which proxy holder will cease to hold voting rights: | |
| 13. Additional information: | |
| 14. Contact name: | Kim Colwell |
| 15. Contact telephone number: | 312-646-3489 |
| Annex: Notification of major interests in shares | |
| A: Identity of the person or legal entity subject to the notification obligation | |
| Full name (including legal form for legal entities) | Harris Associates L.P. |
| Contact address (including legal form for legal entities) | 111 S. Wacker Drive, Suite 4600, Chicago, IL 60606 USA |
| Phone number & email | 312-646-3489 kcolwell@harrisassoc.com |
| Other useful information (at least legal representative for legal persons) | |
| B: Identity of the notifier, if applicable | |
| Full name | Kim Colwell |
| Contact address | 111 S. Wacker Drive, Suite 4600, Chicago, IL 60606 USA |
| Phone number & email | 312-646-3489 kcolwell@harrisassoc.com |
| Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation) | |
| C: Additional information | |
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