Holding(s) in Company

RNS Number : 8915A

ITV PLC

29 March 2017

 

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

ITV 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

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: iii

LIBERTY GLOBAL INCORPORATED LIMITED

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

28th March 2017

6. Date on which issuer notified:

28th March 2017

7. Threshold(s) that is/are crossed or reached: vi, vii

N/A

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 shares of 10 pence each ISIN:  GB0033986497

398,515,510

398,515,510

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

RIGHT TO RECALL LOANED SHARES (subject to certain costs)

N/A

N/A

398,515,510

9.9%

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

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

398,515,510

9.9%

9. Chain of controlled undertakings through which the voting rights and/or the financial 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:

This notification is being made solely because, pursuant to a pre-existing loan linked to a hedging transaction, Liberty Global Incorporation Limited has loaned out 398,515,510 ordinary shares, but at the same time it has acquired an interest in an equal number of ordinary shares under that transaction as a result of the right to recall (subject to certain costs) granted to it in respect of 398,515,510 ordinary shares. Notification made by reference to the total voting rights figure of 4,025,409,194 (announced on 21 March 2017 in the issuer's notice of annual general meeting).

14. Contact name:

Jeremy Evans

15. Contact telephone number:

020 8483 6300

 

END

 

 

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