Pebble Group PLC Announces TR-1: Notification of Major Holdings

Rhea-AI Summary

The Pebble Group PLC reports a notification of major interest in shares by Hanover Investors Management LLP through The Bank of New York Nominees Ltd. The transaction involved an increase in voting rights to 3.434% after acquiring additional shares on February 26, 2024.

MANCHESTER, UK / ACCESSWIRE / February 28, 2024 / The Pebble Group PLC (AIM:PEBB)(OTCQX:PEBBF)

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			PEBBLE 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: iii		Hanover Investors Management LLP
4. Full name of shareholder(s) (if different from 3.):iv		The Bank of New York Nominees Ltd as custodian for Hanover Catalyst Fund
5. Date of the transaction and date on which the threshold is crossed or reached: v		26 February 2024
6. Date on which issuer notified:		28 February 2024
7. Threshold(s) that is/are crossed or reached: vi, vii		3%

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

Ordinary Shares (ISIN): GB00BK71XP16

4,650,000

4,650,000

5,750,000

0

5,750,000

0

3.434%

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

N/A

N/A

N/A

N/A

N/A

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

N/A

N/A

N/A

N/A

N/A

Nominal

Delta

N/A

N/A

Total (A+B+C)

Number of voting rights

Percentage of voting rights

5,750,000

3.434%

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:		Hanover Investors Management LLP
11. Number of voting rights proxy holder will cease to hold:		100%
12. Date on which proxy holder will cease to hold voting rights:		N/A
13. Additional information:	N/A
14. Contact name:	Brian Cullen
15. Contact telephone number:	+44 77025 01755

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: The Pebble Group PLC

View the original press release on accesswire.com

FAQ

What is the reason for the notification in the PR involving PEBBF?

The reason for the notification is an acquisition of voting rights by Hanover Investors Management LLP through The Bank of New York Nominees Ltd.

Who are the parties involved in the notification of major interest in shares for PEBBF?

Hanover Investors Management LLP and The Bank of New York Nominees Ltd as custodian for Hanover Catalyst Fund are the parties involved.

What was the date of the transaction mentioned in the PR for PEBBF?

The transaction date was February 26, 2024.

What percentage of voting rights did Hanover Investors Management LLP hold after the transaction for PEBBF?

After the transaction, Hanover Investors Management LLP held 3.434% of voting rights.