Holding(s) in Company

RNS Number : 2350Y

Mitchells & Butlers PLC

03 July 2008

 



TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

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

Mitchells & Butlers plc

2. Reason for the notification (please state Yes/No): ( )

An acquisition or disposal of voting rights: Yes

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: No

An event changing the breakdown of voting rights: No

Other (please specify) : No

3. Full name of person(s) subject to the notification obligation (iii):

Violet Capital Group Ltd

4. Full name of shareholder(s) (if different from 3.) (iv):

As above

5. Date of the transaction (and date on which the threshold is crossed or  reached if different) (v):

3 July 2008

6. Date on which issuer notified:

3 July 2008

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

n/a

8. Notified details:

n/a

A: Voting rights attached to shares

Class/type of shares if possible using the ISIN CODE	Situation previous to the Triggering transaction (vi)
	Number of shares	Number of voting Rights (viii)
GB00B1FP6H53	12,105,318	12,105,318

Resulting situation after the triggering transaction (vii)

Class/type of shares if possible using the ISIN CODE	Number of shares	Number of voting rights (ix)		% of voting rights
	Direct	Direct (x)	Indirect (xi)	Direct	Indirect
GB00B1FP6H53	104,191,789	104,191,789		25.78%

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

Type of financial instrument	Expiration Date (xiii)	Exercise/Conversion Period/ Date (xiv)	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights

Total (A+B)

Number of voting rights	% of voting rights
104,191,789	25.78%

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

Held by Violet Capital Group Ltd

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:

Violet Capital Group Ltd is wholly owned by the Tchenguiz Family Trust.  As announced on 12 June 2008, it had an economic interest through contracts for difference (with no voting rights) in a total of 108,086,471 Mitchells & Butlers shares. The position has now been unwound in respect of 92,086,471 Mitchells & Butlers shares, which are now directly owned by Violet Capital Group Limited. Violet Capital Group Limited continues to have an economic interest through contracts for difference (with no voting rights) in a total of 16,000,000 Mitchells & Butlers shares, representing 3.96% of the ordinary share capital of the Company. This economic interest is over and above its interest in 25.78% of the ordinary shares in the Company with voting rights attached.

14. Contact name:

n/a

15. Contact telephone number:

n/a

 

END

 

 

HOLRJMMTMMMMBBP