31 Jul 2017 10:24
Punch Taverns plc (the "Company") 31 July 2017
TR-1 NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
Punch Taverns 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 financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: | X |
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:
Bank of America Corporation
4. Full name of shareholder(s) (if different from 3):
Merrill Lynch International
5. Date of the transaction (and date on which the threshold if crossed or reached if different):
26 July 2017
6. Date on which issuer notified:
28 July 2017
7. Threshold(s) that is/are crossed or reached:
Above 7%
8. Notified details:
A: Voting rights attached to shares
Class/type of shares if possible using the ISIN CODE | Situation previous to the triggering transaction | |
Number of shares | Number of voting rights | |
GB00BPXRVT80 |
|
|
Resulting situation after the triggering transaction | ||||
Number of shares | Number of voting rights | % of voting rights | ||
Direct | Direct | Indirect | Direct | Indirect |
|
| 16,905,461 |
| 7.617% |
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction | ||||
Type of financial instrument | Expiration date | Exercise/Conversion/Period Date | 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
Type of financial instrument | Expiration date | Exercise/Conversion/Period Date | Physical or cash settlement | Number of voting rights that may be acquired if the instrument is exercised/ converted | % of voting rights |
|
|
|
|
|
|
SWAPS | 29/12/2017 |
| Cash | 16,461 | 0.007% |
Total (A+B+C)
Number of voting rights | % of voting rights |
16,921,922 | 7.624% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Namexv | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold |
Bank of America Corporation | N/A | N/A | N/A |
NB Holdings Corporation | N/A | N/A | N/A |
Merrill Lynch International Incorporated | N/A | N/A | N/A |
BofAML Jersey Holdings Limited | N/A | N/A | N/A |
BofAML EMEA Holdings 1 Limited | N/A | N/A | N/A |
BofAML EMEA Holdings 2 Limited | N/A | N/A | N/A |
ML UK Capital Holdings Limited | N/A | N/A | N/A |
Merrill Lynch International | 7.617% | N/A | 7.624% |
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:
Francesca Appleby, Financial Reporting Manager
15. Contact telephone number:
01283 501 600