RNS Number : 2534S
Orchard Funding Group PLC
06 July 2015
 

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

 

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

 

Orchard Funding Group Plc

 

2 Reason for the notification (please tick the appropriate box or boxes):

 

An acquisition or disposal of voting rights

X

 

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


 

An event changing the breakdown of voting rights


 

Other (please specify):



 

3. Full name of person(s) subject to the notification obligation:

 

 

Bank of Montreal

4. Full name of shareholder(s) (if different from 3.):

 

 

See Box 9 below

5. Date of the transaction and date on which the threshold is crossed or reached:

 

 

Date of Listing 1st July 2015

6. Date on which issuer notified:

 

 

03 July 2015

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 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

Direct

Direct

Indirect

Direct

Indirect

GB00BYZFM569

 

0

0

1,652,500


1,652,500

-

7.74%


 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

 

Type of financial
instrument

Expiration
date

Exercise/
Conversion
Period

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

Resulting situation after the triggering transaction

 

Type of financial
instrument

Exercise
price

Expiration
date

Exercise/
Conversion
period

Number of voting
rights instrument
refers to

% of voting rights

 






Nominal

Delta

 



 

Total (A+B+C)

 

Number of voting rights

Percentage of voting rights

1,652,500

7.74%

 

 

 

 

 

 

9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable:

Bank of Montreal




Client

No. of voting rights

% of total voting rights

Registration name

F&C Global Smaller Companies PLC

1,340,000

6.28%

Chase Nominees Ltd

Remaining client(s) hold <3% each




 

Proxy Voting:

 

10. Name of proxy holder:

 

Bank of Montreal

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:

 

Based on TVR of 21,354,167 as confirmed by company's announcement on 01/07/2015

14 Contact name:

 

Vik Sharma

Bank of Montreal

15. Contact telephone name:

 

0131 718 1094

 

For notes on how to complete form TR-1 please see the FCA website.

Note: Annex should only be submitted to the FCA not the issuer

 

Annex: Notification of major interests in shares

 

 

A: Identity of the persons or legal entity subject to the notification obligation

Full name

(including legal form of legal entities)

 

Orchard Funding Group Plc

Contact address

(registered office for legal entities)

 

Orchard Funding Group Plc

960 Capability Green

Luton

LU1 3PE

Phone number & email

 

T: +44 (0) 158 263 5507

E: info@OrchardFunding.co.uk

Other useful information

(at least legal representative for legal persons)

 


 

B: Identity of the notifier, if applicable

Full name

 

Vik Sharma,

Bank of Montreal

 

Contact address

 

80 George Street, Edinburgh EH2 3BU

Phone number & email

 

0131 718 1094

Compliancereporting@fandc.com

Other useful information

 

(e.g. functional relationship with the person or legal entity subject to the notification obligation)


 

C: Additional information


 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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