6 Mar 2017 12:24
PENDRAGON PLC - Holding(s) in CompanyPENDRAGON PLC - Holding(s) in Company
PR Newswire
London, March 6
| 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 issuer of existing shares to which voting rights are attached: ii | PENDRAGON 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 | X | ||||
| An event changing the breakdown of voting rights | |||||
| Other (please specify): | |||||
| 3. Full name of person(s) subject to the notification obligation: iii | ODEY ASSET MANAGEMENT LLP | ||||
| 4. Full name of shareholder(s) (if different from 3.):iv | |||||
| 5. Date of the transaction and date on which the threshold is crossed or reached: v | 03 MARCH 2017 | ||||
| 6. Date on which issuer notified: | 06 MARCH 2017 | ||||
| 7. Threshold(s) that is/are crossed or reached: vi, vii | ABOVE 16% | ||||
| 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 | ||||||||||
| Ordinary Share (GB00B1JQBT10) | 197,894,801 | 197,894,801 | 199,438,801 | 199,438,801 | 13.91% | |||||||||
| 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 | ||||||||||
| 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 | |||||||||
| Contract for Difference (CFD) | 30,825,000 | Nominal | Delta | |||||||||||
| 2.15% | ||||||||||||||
| Total (A+B+C) | ||||||||||||||
| Number of voting rights | Percentage of voting rights | |||||||||||||
| 230,263,801 | 16.06% | |||||||||||||
| 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi | ||
| Odey Allegra International Fund holds 4.69%. All other Funds hold less than 3%. | ||
| Proxy Voting: | ||
| 10. Name of the proxy holder: | ||
| 11. Number of voting rights proxy holder will cease to hold: | ||
| 12. Date on which proxy holder will cease to hold voting rights: | ||
| 13. Additional information: | ||
| 14. Contact name: | Richard Maloney | |
| 15. Contact telephone number: | 01623 725119 | |