Holding(s) in Company

RNS Number : 6643A

McColl's Retail Group plc

27 March 2017

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES i

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii

McColl's Retail Group plc

2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
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):	Transfer of trusteeship where shares are held on trust	X

3. Full name of person(s) subject to the notification obligation: iii	James Lancaster
4. Full name of shareholder(s) (if different from 3.): iv	1)James Lancaster (8,149,500 shares) 2)James Lancaster, Margaret Lancaster and Simon Jonathan Miller as Trustees of the James Lancaster Family Settlement (3,250,000 shares)
5. Date of the transaction and date on which the threshold is crossed or reached: v	22 March 2017
6. Date on which issuer notified:	22 March 2017
7. Threshold(s) that is/are crossed or reached: vi, vii	9%

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
ISIN: GB00BJ3VW957	11,399,500	11,399,500	11,399,500	11,399,500	0	9.89%	0

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
N/A

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
N/A					Nominal	Delta

Total (A+B+C)
Number of voting rights	Percentage of voting rights
11,399,500	9.89%

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:	Simon Jonathan Miller has retired as Trustee of the James Lancaster Family Settlement (the "Trust") and Michael James Lancaster has been appointed in his place. The Trust's shares in McColl's Retail Group plc (the "Company") have been transferred accordingly.  James Lancaster and Margaret Lancaster both remain trustees of the Trust. James Lancaster's combined holdings in the Company in both his personal name and as co-trustee of the Trust exceeded 9% of the Company's total issued share capital prior to the transfer.  This remains unaffected by the change of his co-trustee.
14. Contact name:	Michael Armstrong, Forsters LLP
15. Contact telephone number:	0207 863 8596

 

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