TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
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1. Identity of the issuer or the underlying issuer |
Sportech plc |
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2 Reason for the notification (please tick the appropriate box or boxes): |
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An acquisition or disposal of voting rights |
X |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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An event changing the breakdown of voting rights |
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Other (please specify): |
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3. Full name of person(s) subject to the |
Coutts & Co Trustees (Jersey) Limited Sulby Limited |
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4. Full name of shareholder(s) |
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5. Date of the transaction and date on |
31/03/2015 |
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6. Date on which issuer notified: |
01/04/2015 |
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7. Threshold(s) that is/are crossed or |
17% |
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8. Notified details: |
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A: Voting rights attached to shares viii, ix |
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Class/type of
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Situation previous |
Resulting situation after the triggering transaction |
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Number |
Number |
Number |
Number of voting |
% of voting rights x |
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Direct |
Direct xi |
Indirect xii |
Direct |
Indirect |
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Ord GBP 0.50
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2,000 |
2,000 |
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35,111,010 |
2,000 |
17.02% |
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GB00B28ZPV64 |
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B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial |
Expiration |
Exercise/ |
Number of voting |
% of voting |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi |
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Resulting situation after the triggering transaction |
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Type of financial |
Exercise price |
Expiration date xvii |
Exercise/ |
Number of voting rights instrument refers to
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% of voting rights xix, xx
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Nominal |
Delta |
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Total (A+B+C) |
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Number of voting rights |
Percentage of voting rights |
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35,113,010 |
17.02% |
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9. Chain of controlled undertakings through which the voting rights and/or the |
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The Royal Bank of Scotland Group plc (17.02%)The Royal Bank of Scotland plc (17.02%) RBSG International Holdings Limited (17.02%) The Royal Bank of Scotland International (Holdings) Limited (17.02%) Coutts & Co Trustees (Jersey) Limited (17.02%) Sulby Limited (17.02%)
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Proxy Voting: |
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10. Name of the proxy holder: |
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11. Number of voting rights proxy holder will cease |
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12. Date on which proxy holder will cease to hold |
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Coutts & Co Trustees (Jersey) Limited, in its capacity as trusee of a settlement, indirectly holds 35,111,010 ordinary shares in Sportech Plc which are held directly by Sulby Limited, an undertaking controlled by Coutts. Newby Manor Ltd (a company ultimately owned by the family interests of Mr Trevor Hemmings) continues to have a notifiable interest in these shares under DTR 5.3(1) (b) (holdings of financial instruments with similar economic effecty to Qualifying Financial Instruments).
This Notification is based upon the Voting Rights figure of 206,238,048 obtained from your regulatory announcement dated 19th March 2015. |
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14. Contact name: |
Richard Hopkins |
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15. Contact telephone number: |
0207 672 0354 |
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