logo-loader
RNS
viewFevertree Drinks

Fevertree Drinks PLC - Holding(s) in Company

RNS Number : 2473D
Fevertree Drinks PLC
25 April 2017
 

 




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

Fevertree Drinks 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

TIAA-CREF Investment Management, LLC on behalf of the accounts listed in Exhibit B

 

Teachers Advisors, LLC on behalf of the funds

listed in Exhibit C

 

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

See Number 3

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

20 April 2017

6. Date on which issuer notified:

24 April 2017

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

3%



 

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

Indirect xii

Direct

Indirect

GB00BRJ9BJ26

3,530,131

3,530,131

3,440,054

3,440,054

0

2.985%

0%



B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date
xiii

Exercise/
Conversion Period
xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights

N/A

N/A

N/A

N/A

N/A


C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date xvii

Exercise/
Conversion period
xviii

Number of voting rights instrument refers to

 

% of voting rights xix, xx

 

N/A

N/A

N/A

N/A

N/A

 

Nominal

Delta

N/A

N/A


Total (A+B+C)

Number of voting rights

Percentage of voting rights

3,440,054

2.985%



 

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

 

The College Retirement Equities Fund ("CREF") hereby informs you that on April 20, 2017 CREF sold 40,124 shares of Fevertree Drinks Plc bringing the total shares owned to 2,203,264.  CREF owns these shares through two of its investment accounts, the Global Equities Account and Stock Account.  It is our understanding the total voting shares outstanding of Fevertree Drinks Plc is 115,240,896, bringing CREF's ownership in Fevertree Drinks Plc to a 1.912% level.

 

For your information, CREF is a U.S. based investment company, which is registered with the Securities and Exchange Commission ("SEC").  CREF has multiple investment accounts, each with separate investment objectives and policies.  All assets in the accounts are beneficially owned by CREF, and all the accounts are managed by TIAA-CREF Investment Management, LLC, an SEC registered investment adviser.

 

Additionally, affiliates of CREF on April 20, 2017 sold 49,953 shares bringing the total owned by such affiliates to 1,236,790 shares of Fevertree Drinks Plc.  These holdings are owned by mutual funds which are investment portfolios of the TIAA-CREF Funds ("Funds").  The Funds are an SEC registered investment company and the Funds are managed by Teachers Advisors, LLC, an SEC registered investment adviser that is affiliated with TIAA-CREF Investment Management, LLC

 

A total of 3,440,054 or 2.985% of the outstanding voting shares of Fevertreee Drinks Plc are owned, in aggregate, by CREF and these affiliated funds. Because Teachers Advisors, LLC and TIAA-CREF Investment Management, LLC follow the same policies when voting on behalf of CREF and the Funds, we are aggregating the holdings for purposes of this form as required by the current FCA Disclosure and Transparency Rules.

 

 

(See Exhibit A and Exhibit B)

 


Proxy Voting:

10. Name of the proxy holder:

TIAA-CREF Investment Management, LLC/ Teachers Advisors, LLC

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

N/A

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

N/A



13. Additional information:


None

14. Contact name:

Stuart R. Brunet

15. Contact telephone number:

+1-415-882-3711

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
HOLUVRRRBOASUAR

Quick facts: Fevertree Drinks

Price: 1814.5

Market: AIM
Market Cap: £2.11 billion
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE