Holding(s) in Company

RNS Number : 6255Y

Phoenix Group Holdings

25 February 2013

 



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				Phoenix Group Holdings
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					X
An event changing the breakdown of voting rights
Other (please specify):	New share issuance				X
3. Full name of person(s) subject to the notification obligation: iii		OZ Management LP and Och-Ziff Management Europe Ltd.
4. Full name of shareholder(s)  (if different from 3.):iv		Vidacos Nominees Limited State Street Nominees Limited
5. Date of the transaction and date on which the threshold is crossed or reached: v		21 January 2013
6. Date on which issuer notified:		22 January 2013
7. Threshold(s) that is/are crossed or reached: vi, vii		5%

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

KYG7091M1096

Less than 5%

Less than 5%

16,000,000

7.12%

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

Swaps in KYG7091M1096

Various between: 26/03/2013- 31/12/2015

2,899,551

Nominal

Delta

1.29%

Total (A+B+C)

Number of voting rights

Percentage of voting rights

18,899,551

8.42%

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:	OZ Management LP and OZ Management II LP act as investment manager for certain investment funds and those funds beneficially own the instruments that are the subject of this notification. Och-Ziff Management Europe Limited is a subsidiary undertaking of OZ Management LP and acts as a sub-advisor to OZ Management LP and OZ Management II LP. The investment funds in respect of which OZ Management II LP acts as investment manager do not hold a position in the issuer which exceeds a disclosure threshold.
14. Contact name:	Andrew Frank
15. Contact telephone number:	0207 758 4433

 

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