Director/PDMR Shareholding

Released : 19/12/2016

RNS Number : 2771S
S & U PLC
19 December 2016
 

 S & U PLC ("S&U" or "the Company")

Notification of Major Interest in Shares and Director/PDMR Shareholding

 

19 December 2016

 

S&U were advised on 19 December 2016 that Jennifer Coombs has today transferred 250,000 shares to Fiann Coombs at nil cost and 250,000 shares to another family member also at nil cost.

 

Following this transfer, the holding of Jennifer Coombs is 1,855,698 Ordinary Shares representing 15.5% of the total voting rights of the Company.

 

Following this transfer, the holding of Fiann Coombs who is a non-executive director of S&U is 283,550 Ordinary Shares representing 2.4% of the total voting rights of the Company.

The information set out below is provided in accordance with the requirements of DTR 5.3.1R

 

Notification of Major Interest in Shares

 

 

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

S & U 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

Jennifer Coombs

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

19 December 2016

6. Date on which issuer notified:

19 December 2016

7. Threshold(s) that is/are crossed or
reached:
vi, vii

19% & 16%

 

 

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

 

12.5p Ordinary Shares

 

2,355,698

2,355,698

1,855,698

1,855,698


15.5%


 


 


 

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

 

1,855,698

15.5%

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

 

 

 

 


 

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:

Chris Redford, Company Secretary S&U plc

 

15. Contact telephone number:

0121 705 7777

 



 

 

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Fiann Coombs

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Director

b)

 

Initial notification /Amendment

 

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

S&U PLC

b)

 

LEI

 

 


4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

 

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

 

Ordinary shares of 12.5p each

 

 

ISIN :      GB0007655037

 

b)

 

Nature of the transaction

 

 

Transfer of ordinary shares

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

nil

 

250,000

 

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

N/A (Single transaction)

 

 

 

 

 

 

 

e)

 

Date of the transaction

 

 

19 December 2016

f)

 

Place of the transaction

 

 

London Stock Exchange (XLON)

 


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