News

Notification of Shareholding

Tagged in: RNS Announcements
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 STV Group Plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights  
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 X
An event changing the breakdown of voting rights  
Other (please specify):    
3. Full name of person(s) subject to the notification obligation: iii Odey Asset Management LLP
4. Full name of shareholder(s)  (if different from 3.):iv  
5. Date of the transaction and date on which the threshold is crossed or reached: v 23/04/2014
6. Date on which issuer notified: 24/04/2014
7. Threshold(s) that is/are crossed or reached: vi, vii 13%
       
 
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 xi Indirect xii Direct Indirect
Ordinary Share 3,770,000 3,770,000 3,770,000 3,770,000   9.65%  
(GB00B3CX3644)
 
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
Contract for Difference (CFD)       1,056,787 Nominal Delta
2.71%  
 
Total (A+B+C)
Number of voting rights Percentage of voting rights
Ordinary shares + CFD 12.36%
 
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Odey Absolute Return Fund has a position of 10.73%.
All other funds hold less than 3%.
 
 
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: Jane E A Tames, Company Secretary,
STV Group plc
15. Contact telephone number: 0141 300 3074