CANDOVER INVESTMENTS PLC: TR-1: Notification of Major Interest in Shares

CANDOVER INVESTMENTS PLC: TR-1: Notification of Major Interest in Shares
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                  


                                                                                   
                                                                                   


                                                                                
1. Identity of the issuer or the underlying issuer                   Candover    
of existing shares to which voting rights are                    Investments 
plc  
attached:ii                                                                      
                                                                                
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                          Schroders plc  
notification obligation:iii                                                      
                                                                                
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                                   13.01.14     
reached: v                                                                       
                                                                                
6. Date on which issuer notified:                                   14.01.14     
                                                                                
7. Threshold(s) that is/are crossed or                              Below 5%     
reached: vi, vii                                                                 
                                                                                
8. Notified details:                                                             


          
                                                                                


      
A: Voting rights attached to shares viii, ix                                     


          
                                                                                


      
Class/type   Situation previous       Resulting situation after the triggering 
transaction
of           to the triggering                                                   
      
shares       transaction                                                         


          
                                                                                
          


         Number         Number    Number       Number of voting     % of  
voting      
if possible  of             of        of shares    rights               rights 
x          
using        Shares         Voting                                               
      
the ISIN                    Rights    Direct       Direct xi  Indirect  Direct 
Indirect   
CODE                                                          xii                


          
                                                                                


      
  Ordinary                                                                       


          
                                                                                


      
GB0001713154   1,746,648    1,127,922  1,057,778      N/A     1,057,528  N/A    
 4.856%    


                                                                                
          
                                                                                
          
                                                                                
          
                                                                                
          
                                                                                


      
B: Qualifying Financial Instruments                                              


          
                                                                                


      
Resulting situation after the triggering transaction                             


          
                                                                                


      
Type of        Expiration      Exercise/             Number of voting         % 
of voting 
financial      date xiii       Conversion Period xiv rights that may be       
rights      
instrument                                           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       Exercise      Expiration Exercise/    Number of voting     % of 
voting      
financial     price         date xvii  Conversion   rights instrument    rights 
xix, xx   
instrument                             period xviii refers to                    


          
                                                                                
          
                                                                                
          
                                                                                
          


                                                                     
Nominal Delta      


                                                                                
          
                                                                                
          
                                                                                


      
Total (A+B+C)                                                                    


          
                                                                                


      
Number of voting rights                    Percentage of voting rights           


          
                                                                                
          
                1,057,528                                      4.856%           
          
                                                                                
          
    9. Chain of controlled undertakings through which the voting rights and/or the  
    financial instruments are effectively held, if applicable: xxi                  
                                                                                    
    Cazenove Capital Management Limited            10,791            0.05%          
                                                                                    
                                                                                    
                                                                                    
    Schroder Investment Management Ltd           1,025,416          4.708%          
    
                                                                                
                                                                                    
                                                                                    
    Schroder & Co Ltd                               21,321          0.098%


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:                                                                  
                                                                                    
                                                                                    
                                                                                    
                                  The shares referred to in section 9 are held in   


13. Additional information:   portfolios managed by those firms on a 
discretionary  
                          basis for clients under investment management      
                              agreements. This disclosure has been calculated 
based 


                              on issue share capital amount 21,778,580.         
                                                                                    
                                                                                    
    14. Contact name:                                                               
                                                     Scott Dickenson                
                                                                                    
                                                                                    
    15. Contact telephone number:                                                   
                                                      020 7658 6000                 
                                                                                    
    
    



END

-0- Jan/14/2014 16:45 GMT


 
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