25 February 2021
Vulcan Industries plc
("Vulcan" or the "Company")
Holdings in the Company
Vulcan Industries plc (AQSE: VULC) informs that Zanete Fergusone has
transferred all of her shares (21,000,000 in total) in the Company to JD
Capital Limited ("JD Capital"), a company of which she is the sole shareholder.
The notifications set out at the end of this announcement, made in accordance
with the requirements of MAR, provide further detail in relation to this
transaction. Zanete Fergusone is subject to a lock-in agreement and a
relationship agreement, both dated 22 May 2020 and effective from the date of
the admission of the Company's equity to the Aquis Stock Exchange Growth Market
on 1 June 2020. In connection with the transfer of Mrs Fergusone's shares to JD
Capital, JD Capital has entered into Deeds of Adherence with the Company and
First Sentinel Corporate Finance pursuant to which JD Capital has undertaken to
the Company and First Sentinel Corporate Finance to be bound by both agreements
in all respects and to observe and perform all of the provisions and
obligations previously applicable to or binding on Zanete Fergusone in so far
as they fall to be observed or performed on or after the date of the transfer.
For further information, visit: https://vulcanplc.com
Contacts
Vulcan Industries plc Via Vox Markets
Ian Tordoff, Chairman
John Maxwell, CEO
First Sentinel Corporate Finance Ltd (AQSE +44 7876 888 011
Corporate Adviser)
Brian Stockbridge
Gabrielle Cordeiro
Vox Markets (Media and Investor Relations) vulcan@voxmarkets.co.uk
Kat Perez +44 7881 622 830
Paul Cornelius + 44 7866 384 707
About Vulcan
Vulcan seeks to acquire and consolidate traditional but historically profitable
engineering, manufacturing and industrial SMEs for value and to enhance this
value in part through group synergies, but primarily by unlocking growth which
is not being achieved as a standalone private company.
TR-1: Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the
FCA in Microsoft Word format if possible)i
1a. Identity of the issuer or the underlying Vulcan Industries PLC
issuer of existing shares to which voting rights
are attachedii:
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X"
if appropriate)
Non-UK issuer
2. Reason for the notification (please mark the appropriate box or boxes with
an "X")
An acquisition or disposal of voting rights
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify)iii: X
Transfer to Nominee
3. Details of person subject to the notification obligationiv
Name Zanete Fergusone
City and country of registered office (if
applicable)
4. Full name of shareholder(s) (if different from 3.)v
Name
City and country of registered office (if
applicable)
5. Date on which the threshold was crossed or 24 February 2021
reachedvi:
6. Date on which issuer notified (DD/MM/YYYY): 24 February 2021
7. Total positions of person(s) subject to the notification obligation
% of voting rights % of voting rights Total of both in % Total number of
attached to shares through financial (8.A + 8.B) voting rights of
(total of 8. A) instruments issuervii
(total of 8.B 1 + 8.B
2)
Resulting 0% 280,786,938
situation on the
date on which
threshold was
crossed or reached
Position of 7.48%
previous
notification (if
applicable)
8. Notified details of the resulting situation on the date on which the
threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type of Number of voting rightsix % of voting rights
shares
ISIN code (if Direct Indirect Direct Indirect
possible) (Art 9 of (Art 10 of (Art 9 of Directive (Art 10 of
Directive 2004/ Directive 2004/109/ 2004/109/EC) (DTR5.1) Directive 2004/
109/EC) (DTR5.1) EC) (DTR5.2.1) 109/EC)
(DTR5.2.1)
Ordinary £0.0004 0 21,000,000 0% 7.48%
GB00BKMDX634
SUBTOTAL 8. A 21,000,000 7.48%
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC
(DTR5.3.1.1 (a))
Type of financial Expiration Exercise/ Number of voting rights % of voting
instrument datex Conversion Periodxi that may be acquired if rights
the instrument is
exercised/converted.
SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to Art. 13(1)
(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of Expiration Exercise/ Physical or cash Number of % of voting
financial datex Conversion settlementxii voting rights rights
instrument Period xi
SUBTOTAL 8.B.2
9. Information in relation to the person subject to the notification obligation
(please mark the
applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural X
person or legal entity and does not control any other undertaking(s) holding
directly or indirectly an interest in the (underlying) issuerxiii
Full chain of controlled undertakings through which the voting rights and/or
the
financial instruments are effectively held starting with the ultimate
controlling natural person or legal entityxiv (please add additional rows as
necessary)
Namexv % of voting rights if % of voting rights Total of both if it
it equals or is higher through financial equals or is higher
than the notifiable instruments if it than the notifiable
threshold equals or is higher threshold
than the notifiable
threshold
10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be
held
11. Additional informationxvi
Place of completion Oxshott, UK
Date of completion 24 February 2021
TR-1: Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the
FCA in Microsoft Word format if possible)i
1a. Identity of the issuer or the underlying Vulcan Industries PLC
issuer of existing shares to which voting rights
are attachedii:
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X"
if appropriate)
Non-UK issuer
2. Reason for the notification (please mark the appropriate box or boxes with
an "X")
An acquisition or disposal of voting rights
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify)iii: X
Transfer to Nominee
3. Details of person subject to the notification obligationiv
Name J D Capital Limited
City and country of registered office (if
applicable)
4. Full name of shareholder(s) (if different from 3.)v
Name
City and country of registered office (if
applicable)
5. Date on which the threshold was crossed or 24 February 2021
reachedvi:
6. Date on which issuer notified (DD/MM/YYYY): 24 February 2021
7. Total positions of person(s) subject to the notification obligation
% of voting rights % of voting rights Total of both in % Total number of
attached to shares through financial (8.A + 8.B) voting rights of
(total of 8. A) instruments issuervii
(total of 8.B 1 + 8.B
2)
Resulting 9.62% 280,786,938
situation on the
date on which
threshold was
crossed or reached
Position of 0%
previous
notification (if
applicable)
8. Notified details of the resulting situation on the date on which the
threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type of Number of voting rightsix % of voting rights
shares
ISIN code (if Direct Indirect Direct Indirect
possible) (Art 9 of (Art 10 of (Art 9 of Directive (Art 10 of
Directive 2004/ Directive 2004/109/ 2004/109/EC) (DTR5.1) Directive 2004/
109/EC) (DTR5.1) EC) (DTR5.2.1) 109/EC)
(DTR5.2.1)
Ordinary £0.0004 29,199,998 9.62%
GB00BKMDX634
SUBTOTAL 8. A 29,199,998 9.62%
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC
(DTR5.3.1.1 (a))
Type of financial Expiration Exercise/ Number of voting rights % of voting
instrument datex Conversion Periodxi that may be acquired if rights
the instrument is
exercised/converted.
SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to Art. 13(1)
(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of Expiration Exercise/ Physical or cash Number of % of voting
financial datex Conversion settlementxii voting rights rights
instrument Period xi
SUBTOTAL 8.B.2
9. Information in relation to the person subject to the notification obligation
(please mark the
applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural
person or legal entity and does not control any other undertaking(s) holding
directly or indirectly an interest in the (underlying) issuerxiii
Full chain of controlled undertakings through which the voting rights and/or X
the
financial instruments are effectively held starting with the ultimate
controlling natural person or legal entityxiv (please add additional rows as
necessary)
Namexv % of voting rights if % of voting rights Total of both if it
it equals or is higher through financial equals or is higher
than the notifiable instruments if it than the notifiable
threshold equals or is higher threshold
than the notifiable
threshold
Zanete Fergusone 9.61% 9.61%
10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be
held
11. Additional informationxvi
Zanete Fergusone is the sole shareholder of JD Capital Limited
Place of completion Oxshott, UK
Date of completion 24 February 2021