City Financial Absolute Equity Fund increases holding in Flowtech Fluidpower PLC

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

Flowtech Fluidpower 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

City Financial Investment Company Limited, acting as Investment Manager and Authorised Corporate Director of the City Financial Absolute Equity Fund

4. Full name of shareholder(s)
(if different from 3.):iv

BNY Mellon Trust and Depositary as Trustee to the City Financial Absolute Equity Fund

5. Date of the transaction and date on
which the threshold is crossed or
reached:
v

6 May 2016

6. Date on which issuer notified:

6 May 2016

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

5%



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

Indirectxii

Direct

Indirect

 

GB00BM4NR742

1,939,896

1,939,896

2,783,896

2,783,896

6.46%

Click to view all articles for the EPIC:
Or click to view the full company profile:
    Facebook
    Twitter
    LinkedIn
    Flowtech Fluidpower Plc

    More articles like this

    Flowtech Fluidpower

    Flowtech Fluidpower sustains strong gross margin

    Flowtech Fluidpower plc (LON:FLO), a leading specialist supplier of technical fluid power components and services has announced its 2021 half-year report for the six months ended 30 June 2021. “We are pleased that current trading continues

    Flowtech Fluidpower

    Flowtech Fluidpower revenue streams have increased significantly

    Flowtech Fluidpower plc (LON:FLO), the specialist technical fluid power products supplier, has announced the following unaudited trading update on its performance for the six-month financial reporting period ended 30 June 2021. “We continue to make good

    Zeus Capital

    Flowtech Fluidpower Industrial Distribution

    Yesterday’s UK GDP data highlighted the weakness experienced in the economy during calendar Q4. This has been reflected in the trading patterns at Flowtech Fluidpower with weaker than anticipated demand leading to a 10% reduction in

    Flowtech Fluidpower

    Employee engagement

    Employee engagement is closely correlated to productivity. Highly engaged employees (those who feel positive and involved at work), are likely to be more passionate, hard-working, willing to learn and more supportive and inspiring towards customers. As

    Flowtech Fluidpower

    Derek Lane: The Full Service

    Derek Lane & Co was founded in 1979 and is a supplier of fluid power products and engineered solutions via its onsite Parker store. Flowtech Fluidpower PLC (LON:FLO) was acquired the company in March 2018, along

    Flowtech Fluidpower

    Learn about Robotics in Manufacturing

    Episode 7 of Fluid Power Forum, NFPA’s new fluid power industry-focused podcast, is now live. This episode features Donna Ritson of DDR Communications, who presents about the use of industrial robots in markets important to fluid power. The podcast builds upon her presentation

    Flowtech Fluidpower

    Thoughts on fluid power’s DNA

    Genetic testing has grown into a multi-billion dollar industry because it offers insight into your ancestry and, potentially, your future health. Likewise, it helps to understand fluid power’s DNA. In a recent keynote at the 16th

    Zeus Capital

    Flowtech Fluidpower Q3 trading update

    Coming just a month after the release of the interim results (24th September) today’s Q3 trading statement does not contain any surprises. Organic revenue growth has slowed since June but remains positive at 1.8%. Contribution from the

    Flowtech Fluidpower

    Flowtech Fluidpower Outlook for future growth remains positive

    AIM listed specialist technical fluid power products supplier Flowtech Fluidpower (LON:FLO), issued the following unaudited Q3 Trading Update for the nine-month financial reporting period ended 30 September 2019: GROUP TRADING UPDATE AND FINANCIALS Revenue for the nine-month period