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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi |
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1. Identity of the issuer or the underlying issuer |
Crest Nicholson Holdings plc |
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2 Reason for the notification (please tick the appropriate box or boxes): |
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An acquisition or disposal of voting rights |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
X |
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An event changing the breakdown of voting rights |
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Other (please specify): |
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3. Full name of person(s) subject to the |
York Capital Management Global Advisors, LLC. |
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4. Full name of shareholder(s) |
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5. Date of the transaction and date on |
15/10/2013 |
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6. Date on which issuer notified: |
16/10/2013 |
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7. Threshold(s) that is/are crossed or |
Above 6% |
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8. Notified details: |
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A: Voting rights attached to shares viii, ix |
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Class/type of
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Situation previous |
Resulting situation after the triggering transaction |
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Number |
Number |
Number |
Number of voting |
% of voting rights x |
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Direct |
Direct xi |
Indirect xii |
Direct |
Indirect |
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0 |
0 |
0 |
0 |
0 |
0 |
0 |
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ISIN:
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B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial |
Expiration |
Exercise/ |
Number of voting |
% of voting |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi |
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Resulting situation after the triggering transaction |
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Type of financial |
Exercise price |
Expiration date xvii |
Exercise/ |
Number of voting rights instrument refers to
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% of voting rights xix, xx
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Contact for difference (CFD) |
To be determined by counterparty |
Latest Expiration Date: 02/10/14 |
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15,310,118 |
Nominal |
Delta |
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6.08 |
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Total (A+B+C) |
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Number of voting rights |
Percentage of voting rights |
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15,310,118 |
6.08% |
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9. Chain of controlled undertakings through which the voting rights and/or the |
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York Capital Management Global Advisors, LLC is the manager of, and controls the voting rights (if any) held by York European Strategies Trading Limited, York European Opportunities Investments Master Fund, L.P., York European Focus Master Fund, L.P., York Credit Opportunities Fund, L.P. and York Credit Opportunities Investments Master Fund, L.P.
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Proxy Voting: |
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10. Name of the proxy holder: |
N/A |
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11. Number of voting rights proxy holder will cease |
N/A |
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12. Date on which proxy holder will cease to hold |
N/A |
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Notification using the total voting rights figure of 251,427,287. |
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14. Contact name: |
Mark Schein-Chief Compliance Officer |
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15. Contact telephone number: |
001 212 300 1372 |
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Note: Annex should only be submitted to the FCA not the issuer |
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Annex: Notification of major interests in share |
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A: Identity of the persons or legal entity subject to the notification obligation |
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Full name (including legal form of legal entities)
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York Capital Management Global Advisors, LLC |
Contact address (registered office for legal entities)
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767 Fifth Ave, 17th Floor, New York NY 10153 |
Phone number & email
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001 212 300 1372 mschein@yorkcapital.com |
Other useful information (at least legal representative for legal persons)
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Mark Schein - Chief Compliance Officer |
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B: Identity of the notifier, if applicable |
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Full name
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Benjamin Kieft |
Contact address
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Arnold & Porter (UK) LLP, Tower 42, 25 Old Broad Street, London EC2N 1HQ |
Phone number & email
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0207 786 6132 benjamin.kieft@aporter.com |
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation) |
Solicitors for York Capital Management |
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C: Additional information |
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For notes on how to complete form TR-1 please see the FCA website. |