News Release
Regulated information
Changes in significant shareholdings and notification of transactions in shares by persons discharging managerial responsibility (“PDMRs”)
Explanation of changes in major shareholdings
The Company’s major shareholder, Stichting Andlinger & Co. Euro-Foundation (“Andlinger”), a foundation managed by the Company’s non-executive director Johan Volckaerts has liquidated its assets. Andlinger held investments on behalf of individual partners including Johan Volckaerts. It also held investments on behalf of Clema Capital sarl (“Clema”), a company controlled by Mr Volckaerts. The liquidation has resulted in some changes to shareholdings in the Company, as explained below.
As part of the liquidation of Andlinger, Clema has acquired 1,000,000 shares from another Andlinger partner for US $3.00 per share.
Following the completion of the aforementioned transaction and the transfer of shares held by Andlinger to individual partners, Clema owns 1,517,171 shares and Mr Volckaerts owns 455,897 shares directly. Together, Mr Volckaerts therefore now controls 1,973,068 shares in the Company.
Details of the statutory notices received by the Company are also included in this press release.
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Johan Volckaerts |
2 | Reason for the notification | |
a) | Position/status | Non-executive director |
b) | Initial notification/Amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Global Graphics PLC |
b) | LEI | 213800ZFW446QIHAB654 |
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 share
GB00BYN5BY03 |
b) | Nature of the transaction | Purchase of shares |
c) | Price(s) and volume(s) | Price: USD 3.00
Volume: 1,000,000 |
d) | Aggregated information
– Aggregated volume – Price |
1,000,000 USD 3,000,000 |
e) | Date of the transaction | 18 September 2017 |
f) | Place of the transaction | Outside a trading venue |
Notifications of changes in major shareholdings
NOTIFICATION 1
The content of the notification received is shown below.
Name of the shareholder: |
Stichting Andlinger & Company Euro-Foundation
|
Contact name: |
Johan Volckaerts
|
Contact telephone number: |
+3226478070
|
Reason for notification: |
An acquisition or disposal of voting rights
|
Date threshold crossed: |
18 September 2017
|
Date of notification: |
19 September 2017
|
Threshold crossed/reached: |
0%
|
Voting rights:
Voting rights attached to shares | |||||||
Class/type of shares | 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 | |||
Direct | Direct | Indirect | Direct | Indirect | |||
Ordinary Shares of €0.40 each |
2,032,011
|
2,032,011
|
0
|
0
|
None
|
0%
|
0%
|
Total voting rights | |
Number of voting rights | Percentage of voting rights |
0 | 0% |
NOTIFICATION 2
The content of the notification received is shown below.
Name of the shareholder: |
Clema Capital sarl
|
Contact name: |
Johan Volckaerts
|
Contact telephone number: |
+3226478070
|
Reason for notification: |
An acquisition or disposal of voting rights
|
Date threshold crossed: |
18 September 2017
|
Date of notification: |
19 September 2017
|
Threshold crossed/reached: |
13%
|
Voting rights:
Voting rights attached to shares | |||||||
Class/type of shares | 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 | |||
Direct | Direct | Indirect | Direct | Indirect | |||
Ordinary Shares of €0.40 each |
0
|
0
|
1,517,171
|
1,517,171
|
None
|
13.12%
|
0%
|
Total voting rights | |
Number of voting rights | Percentage of voting rights |
1,517,171 | 13.12% |
NOTIFICATION 3
The content of the notification received is shown below.
Name of the shareholder: |
Johan Volckaerts
|
Contact name: |
Johan Volckaerts
|
Contact telephone number: |
+3226478070
|
Reason for notification: |
An acquisition or disposal of voting rights
|
Date threshold crossed: |
18 September 2017
|
Date of notification: |
19 September 2017
|
Threshold crossed/reached: |
3%
|
Voting rights:
Voting rights attached to shares | |||||||
Class/type of shares | 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 | |||
Direct | Direct | Indirect | Direct | Indirect | |||
Ordinary Shares of €0.40 each |
130,741
|
130,741
|
455,897
|
455,897
|
None
|
3.94%
|
0%
|
Total voting rights | |
Number of voting rights | Percentage of voting rights |
455,897 | 3.94% |
Editors notes
About Global Graphics
Contact
Corporate Communications Director
Tel: +44 (0)1223 926489
Email: jill.taylor@globalgraphics.com
Graeme Huttley
Chief Financial Officer
Tel: +44 (0)1223 926472
Email: graeme.huttley@globalgraphics.com