Holding(s) in Company - Replacement

RNS Number : 6389Y
Phoenix Group Holdings
26 February 2013
 



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



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

 

Phoenix Group Holdings

2. Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

Yes

 

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):

 

Disclosure of revised position following completion of Firm Placings and Open Offer

Yes

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

TDR Capital Nominees Limited

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

TDR Capital Nominees Limited

 

TDR Shares Limited

 

Jambright Limited

 

Jambright Midco Limited

 

 

5. Date of the transaction and date on
which the threshold is crossed or
reached:

 

21 February 2013

6. Date on which issuer notified:

25 February 2013

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

 

17% and 16%

 

8. Notified details:

 

A: Voting rights attached to shares

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

Direct

Indirect

Direct

Indirect

EUR 0.0001

30,206,189 (17.40%)

35,923,409

29,627,103

6,296,306

13.19%

2.80%


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

 

Type of financial
instrument

 

Expiration
date

 

Exercise/
Conversion Period

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

Resulting situation after the triggering transaction

 

Type of financial
instrument

 

 

Exercise price

 

Expiration date

 

Exercise/
Conversion period

 

Number of voting rights instrument refers to

 

 

% of voting rights

 





 

 

Nominal

Delta




Total (A+B+C)

Number of voting rights

Percentage of voting rights

 

35,923,410

15.99%

 

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

 

TDR Capital Nominees Ltd

TDR Shares Limited


Jambright Ltd


Jambright Midco Limited



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:

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.

14. Contact name:

Blair Thompson

15. Contact telephone number:

0207 399 4200

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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