Holding(s) in Company

For filings with the FSA 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      PENDRAGON 
which voting rights are attached:ii                                              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                                                        
                                                                                        
An event changing the breakdown of voting rights                                        
                                                                                        
Other (please specify):                                                                 
                                                                                        

 

3. Full name of person(s) subject to the notification obligation:iii        FIL Limited 
                                                                                        
4. Full name of shareholder(s)  (if different from 3.):iv                  See Section 9
                                                                                        
5. Date of the transaction and date on which the threshold is crossed or     8 Janaury  
reached: v                                                                     2014     
                                                                                        
6. Date on which issuer notified:                                            9 January  
                                                                               2014     
                                                                                        
7. Threshold(s) that is/are crossed or reached: vi, vii                         5%      
                                                                                        


 

8. Notified details:
A: Voting rights attached to shares viii, ix

 

Class/type     Situation previous                  Resulting situation after                
of             to the triggering                         the triggering                     
shares            transaction                             transaction                       
                                                                                            
                                                                                            
if possible    Number     Number        Number             Number of          % of  voting  
using            of         of         of shares            voting              rights x    
the ISIN       Shares     Voting                            rights                          
CODE                      Rights                                                            
                                                                                            
                                                                                            
                                        Direct      Direct xi  Indirect xii Direct  Indirect
                                                                                            
Ordinary                                                                                    
Shares                                                                                      
             53,961,959 53,961,959    136,522,822              136,522,822           9.48%  
(GB00B1JQBT)                                                                                
                                                                                            
                                                                                            
                                                                                            
                                                                                            
B: Qualifying Financial Instruments                                                         
                                                                                            
Resulting situation after the triggering transaction                                        
                                                                                            
  Type of financial   Expiration       Exercise/          Number of voting     % of voting  
     instrument       date xiii  Conversion Period xiv   rights that may be       rights    
                                                           acquired if the                  
                                                            instrument is                   
                                                        exercised/ converted.               
                                                                                            
                                                                                            
                                                                                            

 

C: Financial Instruments with similar economic effect to Qualifying Financial           
Instruments xv, xvi                                                                     
                                                                                        
Resulting situation after the triggering transaction                                    
                                                                                        
Type of financial Exercise Expiration    Exercise/    Number of voting     % of voting  
   instrument      price    date xvii   Conversion    rights instrument  rights xix, xx 
                                       period xviii       refers to                     
                                                                                        
                                                                                        
                                                                                        
                                                                         Nominal  Delta 
                                                                                        
                                                                                        
                                                                                        

 

Total (A+B+C)                                                                           
                                                                                        
        Number of voting rights                    Percentage of voting rights          
                                                                                        
         Ordinary Shares + CFD                                9.48%                     
                                                                                        


 

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


Custodian                                 Advisor                                  Total

JP MORGAN, BOURNEMOUTH (C)        FII-FIL INVESTMENTS INTERNATIONAL              30,987,129
                                  FILUK-FIL INVESTMENT SERVICES (UK) LIMITED    105,535,693

Grand Total                                                                     136,522,822



Proxy Voting:                                                                           
                                                                                        
10. Name of the proxy holder:                                             FIL LImited   
                                                                                        
11. Number of voting rights proxy holder will cease to hold:               82,560,863   
                                                                                        
12. Date on which proxy holder will cease to hold voting rights:         8 January 2014 
                                                                                        

 

13. Additional information:                                                             
                                                                                        
14. Contact name:                                  Richard Maloney, Pendragon PLC       
                                                                                        
15. Contact telephone number:                               01623 725200                
                                                                                        


 

Note: Annex should only be submitted to the FSA not the issuer                          
                                                                                        
Annex: Notification of major interests in sharesxxii                                    
                                                                                        

                                                                               

A: Identity of the persons or legal entity subject to the notification
obligation

Full name                                                                               
(including legal form of legal entities)                                                
                                                                                        
Contact address                                                                         
(registered office for legal entities)                                                  
                                                                                        
Phone number & email                                                                    
                                                                                        
Other useful information                                                                
(at least legal representative for legal persons)                                       
                                                                                        

 

B: Identity of the notifier, if applicable

Full name                                                                               
                                                                                        
Contact address                                                                         
                                                                                        
Phone number & email                                                                    
                                                                                        
Other useful information(e.g. functional relationship with the person or legal          
entity subject to the notification obligation)                                          
                                                                                        

 

C: Additional information                                                               
                                                                                        
                                                                                        
                                                                                        

 

For notes on how to complete form TR-1 please see the FSA website.