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 | PayPoint 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 | Woodford Investment Management Ltd (Woodford) | ||||
4. Full name of shareholder(s) (if different from 3.):iv | Clients of Woodford | ||||
5. Date of the transaction and date on which the threshold is crossed or reached:v | 14/12/2016 | ||||
6. Date on which issuer notified: | 15/12/2016 | ||||
7. Threshold(s) that is/are crossed or reached: vi, vii | 16% |
8. Notified details: | ||||||||||||||||||
A: Voting rights attached to sharesviii, 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 rightsx | ||||||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | ||||||||||||||
GB00B02QND93 | 10,753,614 | 10,753,614 | 10,953,614 | 10,953,614 | 16.08 % | |||||||||||||
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 | ||||||||||||||
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 | |||||||||||||||||
10,953,614 | 16.08 % |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi | ||
Proxy Voting: | ||
10. Name of the proxy holder: | ||
11. Number of voting rights proxy holder will cease to hold: | ||
12. Date on which proxy holder will cease to hold voting rights: | ||
13. Additional information: | ||
14. Contact name: | Akpene Akonou | |
15. Contact telephone number: | 01865 809024 |
Enquiries for PayPoint Plc:
Susan Court, Company Secretary
+44 (0) 1707 600 300