18 May 2017 09:42
CITY OF LONDON GROUP PLC
Holding(s) in Company
Cain Hoy, through its wholly owned subsidiary CH Capital A Holdings LLC, as contemplated in RNS Number 2815T dated 16 July 2015, has procured a subscriber for 2,933,473 of its Subscription Shares in City of London Group plc. Further detail is available in the relevant TR-1 forms below.
For further information contact:
City of London Group plc +44 (0)20 7634 9811
Andy Crossley
Paul Milner
Peel Hunt LLP (Nominated Adviser and Broker) +44 (0)20 7418 8900
James Britton
Guy Wiehahn
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | ||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | City of London Group plc | |||
2 Reason for the notification (please tick the appropriate box or boxes): | ||||
An acquisition or disposal of voting rights | ü | |||
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 thenotification obligation: iii | CH Capital A Holdings LLC (Shareholder/Transferor) | |||
4. Full name of shareholder(s) (if different from 3.):iv | ||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | May 16, 2017 | |||
6. Date on which issuer notified: | May 16, 2017 | |||
7. Threshold(s) that is/are crossed orreached: vi, vii | 8% | |||
8. Notified details: | ||||||||||||||||
A: Voting rights attached to shares viii, ix | ||||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | ||||||||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | ||||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | ||||||||||||
GB0001991685 | 5,866,946 | 5,866,946 | 2,933,473 | 2,933,473 | 0 | 7.96% | 0 | |||||||||
B: Qualifying Financial Instruments | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | ||||||||||||
- | - | - | - | - | ||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to
| % of voting rights xix, xx
| |||||||||||
- | - | - | - | -
| Nominal | Delta | ||||||||||
- | - | |||||||||||||||
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
2,933,473 | 7.96% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
-
| ||
Proxy Voting: | ||
10. Name of the proxy holder: | - | |
11. Number of voting rights proxy holder will ceaseto hold: | - | |
12. Date on which proxy holder will cease to holdvoting rights: | - | |
13. Additional information: | - | |
14. Contact name: | Elizabeth Boudris | |
15. Contact telephone number: | +1 - 212 - 607 - 0538 | |
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | ||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | City of London Group plc | |||
2 Reason for the notification (please tick the appropriate box or boxes): | ||||
An acquisition or disposal of voting rights | ü | |||
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 thenotification obligation: iii | McCourt Shoreditch CoLG LLC | |||
4. Full name of shareholder(s) (if different from 3.):iv | ||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | May 16, 2017 | |||
6. Date on which issuer notified: | May 16, 2017 | |||
7. Threshold(s) that is/are crossed orreached: vi, vii | 7% | |||
8. Notified details: | ||||||||||||||||
A: Voting rights attached to shares viii, ix | ||||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | ||||||||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | ||||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | ||||||||||||
GB0001991685 | 0 | 0 | 2,933,473 | 2,933,473 | 0 | 7.96% | 0 | |||||||||
B: Qualifying Financial Instruments | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | ||||||||||||
- | - | - | - | - | ||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to
| % of voting rights xix, xx
| |||||||||||
- | - | - | - | -
| Nominal | Delta | ||||||||||
- | - | |||||||||||||||
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
2,933,473 | 7.96% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
-
| ||
Proxy Voting: | ||
10. Name of the proxy holder: | - | |
11. Number of voting rights proxy holder will ceaseto hold: | - | |
12. Date on which proxy holder will cease to holdvoting rights: | - | |
13. Additional information: | - | |
14. Contact name: | Joseph White | |
15. Contact telephone number: | +1 - 212 - 314 - 1919 | |