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SACOVEN PLC - TR1 - Notification of major interest in shares

Release Date: 18/03/2016 17:45
Code(s): SCV
Wrap Text
TR1 - Notification of major interest in shares

Sacoven Plc
(Incorporated in Jersey under the Companies (Jersey) Law 1991)
(Company number 110296)
AIM Share code: SCN
JSE Share code: SCV
ISN: JE00B7YH8W36
(the “Company”)

Sacoven Plc has a primary listing on the AIM and a secondary listing on the Alternative
Exchange of the JSE.

 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                                            SACOVEN PLC
 attached: ii
 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
 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
                                                                                           LEO FUND MANAGERS LTD
 notification obligation: iii



 4. Full name of shareholder(s)
                                                                                          HAWK INVESTMENTS FUND SPC LTD
  (if different from 3.):iv

 5. Date of the transaction and date on
 which the threshold is crossed or                                                        16th March 2016
 reached: v
 6. Date on which issuer notified:                                                        17th March 2016

 7. Threshold(s) that is/are crossed or
                                                                                          3%
 reached: vi, vii

 8. Notified details:
 A: Voting rights attached to shares viii, ix
Class/type of        Situation previous          Resulting situation after the triggering transaction
shares               to the triggering
                     transaction
if possible using    Number        Number        Number        Number of voting            % of voting rights x
the ISIN CODE        of            of            of shares     rights
                     Shares        Voting
                                                 Direct        Direct xi    Indirect xii   Direct         Indirect
                                   Rights
JE00B7YH8W36                                                   Below
                     498,500       498,500       Below 3%      3%                          Below 3%




B: Qualifying Financial Instruments

Resulting situation after the triggering transaction
Type of financial          Expiration    Exercise/                   Number of voting              % of voting
instrument                 date xiii     Conversion Period xiv       rights that may be            rights
                                                                     acquired if the
                                                                     instrument is
                                                                     exercised/ converted.




C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial     Exercise     Expiration   Exercise/      Number of voting rights        % of voting rights xix,
instrument            price        date xvii    Conversion     instrument refers to           xx

                                                period xviii
                                                                                              Nominal       Delta




Total (A+B+C)
Number of voting rights                                   Percentage of voting rights

Below 3%                                                  Below 3%
 
9. Chain of controlled undertakings through which the voting rights and/or the
 financial instruments are effectively held, if applicable: xxi
 n/a




 Proxy Voting:
 10. Name of the proxy holder:                                                          n/a

 11. Number of voting rights proxy holder will cease
                                                                                        n/a
 to hold:

 12. Date on which proxy holder will cease to hold
                                                                                        n/a
 voting rights:




 13. Additional information:


 14. Contact name:                                     Richard Parkhouse;Alessandro Franchi


 15. Contact telephone number:                                 0207 824 5868;0207 824 5885


Sponsor:   KPMG Services Proprietary Limited
18 March 2016

Date: 18/03/2016 05:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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