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TR-1 Notification

14 Oct 2015 07:00

RNS Number : 1721C
Entertainment One Ltd
14 October 2015
 

 

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

Entertainment One Ltd.

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

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

Í

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to thenotification obligation: iii

Canada Pension Plan Investment Board

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

7 to 9 October 2015

6. Date on which issuer notified:

13 October 2015

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

 

20% and 25%

 

Canada Pension Plan Investment Board is making this notification in order to comply with its disclosure obligations under DTR 5.1.2., DTR 5.3.1 and DTR 5.7.1. It should be noted however that it is expected that, upon completion of the rights issue described in the prospectus published by Entertainment One Ltd. on 30 September 2015, Entertainment One Ltd. will issue an additional 131,476,173 common shares. Therefore, the additional voting rights referred to in this notification should ultimately be assessed in light of Entertainment One Ltd. having an issued share capital of 427,297,562 common shares. On this basis, Canada Pension Plan Investment Board would hold 18.7% in the aggregate of the voting rights in Entertainment One.

 

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

Common shares

CA29382B1022

0

0

52,924,894

52,924,894

0

17.89%

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

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 financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

 

% of voting rights xix, xx

 

Nil Paid Rights

CA29382B1105

153 pence per share

19 October 2015

N/A

3,450,000

Nominal

Delta

1.17%

N/A

Fully Paid Rights

CA29382B1287

 

N/A

N/A

N/A

23,522,175

7.95%

N/A

 

Total (A+B+C)

Number of voting rights

Percentage of voting rights

52,924,894 + 26,972,175 = 79,897,069

27.01%

 

Canada Pension Plan Investment Board is making this notification in order to comply with its disclosure obligations under DTR 5.1.2., DTR 5.3.1 and DTR 5.7.1. It should be noted however that it is expected that, upon completion of the rights issue described in the prospectus published by Entertainment One Ltd. on 30 September 2015, Entertainment One Ltd. will issue an additional 131,476,173 common shares. Therefore, the additional voting rights referred to in this notification should ultimately be assessed in light of Entertainment One Ltd. having an issued share capital of 427,297,562 common shares. On this basis, Canada Pension Plan Investment Board would hold 18.7% in the aggregate of the voting rights in Entertainment One.

 

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

N/A

 

Proxy Voting:

10. Name of the proxy holder:

N/A

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:

14. Contact name:

Brian Savage

15. Contact telephone number:

+1 416 972 8270

 

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