Amendment to Previous Notification
The following amendment has been made to the TR-1 Notification of Major Interest in Shares announcement released on 25 February 2013 at 17.00 under RNS No 6263Y.
Stating in Box 2 that the reason for the notification is " Disclosure of revised position following completion of Firm Placings and Open Offer " in addition to "An acquisition or disposal of voting rights".
Clarifying in Box 13 (Additional Information) that the notification relates to an increase in the number of shares held but a reduction in the percentage of shares held due to the overall higher number of shares in issue from 21 February 2013 from the firm placings and open offer.
Financial Services Authority
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
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1. Identity of the issuer or the underlying issuer
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Phoenix Group Holdings |
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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 |
Yes |
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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
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An event changing the breakdown of voting rights |
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Other (please specify):
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Disclosure of revised position following completion of Firm Placings and Open Offer |
Yes |
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3. Full name of person(s) subject to the |
TDR Capital Nominees Limited |
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4. Full name of shareholder(s) |
TDR Capital Nominees Limited
TDR Shares Limited
Jambright Limited
Jambright Midco Limited
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5. Date of the transaction and date on
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21 February 2013 |
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6. Date on which issuer notified: |
25 February 2013 |
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7. Threshold(s) that is/are crossed or
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17% and 16% |
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8. Notified details:
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A: Voting rights attached to shares |
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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 |
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Direct |
Indirect |
Direct |
Indirect |
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EUR 0.0001 |
30,206,189 (17.40%) |
35,923,409 |
29,627,103 |
6,296,306 |
13.19% |
2.80% |
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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 |
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Resulting situation after the triggering transaction |
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Type of financial
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Exercise price |
Expiration date |
Exercise/ |
Number of voting rights instrument refers to
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% of voting rights
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Nominal |
Delta |
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Total (A+B+C) |
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Number of voting rights |
Percentage of voting rights |
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35,923,410 |
15.99% |
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9. Chain of controlled undertakings through which the voting rights and/or the |
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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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TDR Capital Nominees Limited has taken up its entitlements under the Phoenix Group Holdings open offer, resulting in an increase in their shareholdings from 21 February 2013. Due to the firm placing of shares to Och-Ziff, also on 21 February 2013, the overall higher number of shares in issue from 21 February 2013 has resulted in a reduction in the percentage holdings of TDR Capital Nominees Limited. |
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14. Contact name: |
Blair Thompson |
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15. Contact telephone number: |
0207 399 4200 |
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