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17 Jul 2015 15:07
Date: 17 July 2015On behalf of: Entertainment One Ltd. ("the Company")
Entertainment One Ltd.
TR-1 Notification
Further to the Company's announcement on 15 July 2015 in relation to the placing by Marwyn Value Investors L.P. (the 'Placing'), the Company has now received formal notification of the disposal of voting rights in the Company effected through the Placing.
The information which is required to be made public under the Financial Conduct Authority's Disclosure and Transparency Rules is shown below.
Enquiries:
| ||
Redleaf Polhill | Emma Kane/ Rebecca Sanders-Hewett
| +44(0)20 7382 4730 eOne@redleafpr.com
|
Entertainment One Ltd. | Giles Willits/Patrick Yau
| +44(0)20 3714 7931 |
Notes to Editors:
About Entertainment One
Entertainment One Ltd. (LSE:ETO) is a leading international entertainment company that specialises in the acquisition, production and distribution of film and television content. The Company's comprehensive network extends around the globe including Canada, the US, the UK, Ireland, Spain, Benelux, France, Germany, Scandinavia, Australia, New Zealand, South Africa and South Korea.
Through established Film and Television Divisions, the Company provides extensive expertise in film distribution, television and music production, family programming, merchandising and licensing, and digital content. Its current rights library is exploited across all media formats and includes more than 40,000 film and television titles, 4,500 hours of television programming and 45,000 music tracks.
Further information is available at www.entertainmentone.com or email Redleaf Polhill at eOne@redleafpr.com.
For filings with the FCA include the annex | |||||
For filings with issuer exclude the annex | |||||
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 | 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 thenotification obligation: iii | Marwyn Asset Management Limited
| ||||
4. Full name of shareholder(s) (if different from 3.):iv | Goldman Sachs Securities (Nominees) Limited - ILSEG on behalf of Marwyn Value Investors LP
Gary Newman on behalf of Marwyn Value Investors LP | ||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 17 July 2015 | ||||
6. Date on which issuer notified: | 17 July 2015 | ||||
7. Threshold(s) that is/are crossed orreached: vi, vii | Total in respect of shares beneficially owned by Marwyn Value Investors LP: Reduced from 26% to under 18%
Total in respect of shares beneficially owned by Marwyn Value Investors LP over which Marwyn Asset Management Limited controls the voting rights: Reduced from 24% to under 16% | ||||
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 | ||||||||||||
CA29382B1022 | 79,424,894 | 72,291,164 | 52,924,894 | 45,791,164 | 15.49% | |||||||||||
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 | |||||||||||||||
45,791,164 | 15.49% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
Marwyn Value Investors LP beneficially owns 52,924,894 shares.
Marwyn Asset Management Limited is the manager of Marwyn Value Investors LP and is entitled to exercise the voting rights in respect of 45,791,164 shares beneficially owned by Marwyn Value Investors LP.
| ||
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: | Anita Weaver | |
15. Contact telephone number: | 01534 761241 | |
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