23 Sep 2015 07:00
Date: 23 September 2015On behalf of: Entertainment One Ltd. ("the Company" or "eOne")
Embargoed until: 0700 hours
Entertainment One Ltd.
TR-1 Notification
Further to the Company's announcement of 16 September 2015, the Company has received formal notification from Marwyn Asset Management Limited ("Marwyn") and Canada Pension Plan Investment Board ("CPPIB") that CPPIB has now completed the purchase of an approximate 17.9% ownership interest in the Company from Marwyn.
The information which is required to be made public under the Financial Conduct Authority's Disclosure and Transparency Rules is shown below.
Darren Throop, Chief Executive, commented:
"We are pleased to welcome CPPIB as a significant shareholder of eOne and excited that it will play an important part in the eOne story as we continue to execute our strategy to double the size of the business over the next five years."
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 and South Africa.
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
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi |
| |||||
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 | ||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 22 September 2015 | ||||
6. Date on which issuer notified: | 22 September 2015 | ||||
7. Threshold(s) that is/are crossed orreached: vi, vii | Total in respect of shares beneficially owned by Marwyn Value Investors LP over which Marwyn Asset Management Limited controls the voting rights decreased to 0% | ||||
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 | 52,924,894 | 52,924,894 | 0 | 0 |
| 0.00% |
| |||||||||
| ||||||||||||||||
| ||||||||||||||||
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 | |||||||||||||||
0 | 0.00% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
Marwyn Value Investors LP no longer beneficially owns any Entertainment One Ltd. shares.
| ||
| ||
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: | Mark Tiner | |
15. Contact telephone number: | 0207 004 2700 | |
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 | Í | ||||
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 | 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 | 22 September 2015 | ||||
6. Date on which issuer notified: | 22 September 2015 | ||||
7. Threshold(s) that is/are crossed orreached: vi, vii | Over 17% | ||||
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 | 0 | 0 | 52,924,894 | 52,924,894 | 0 | 17.89% | 0% | |||||||
CA29382B1022 | ||||||||||||||
| ||||||||||||||
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
| |||||||||
N/A | N/A | N/A | N/A | N/A | Nominal | Delta | ||||||||
N/A | N/A | |||||||||||||
| ||||||||||||||
Total (A+B+C) | ||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||
52,924,894 | 17.89% | |||||||||||||
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 | |
Entertainment One (ETO)