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TR-1: Notification of Major Interest in Sharesi
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1. Identity of the issuer or the underlying issuer |
PREMIER FOODS PLC |
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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 |
NO |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
NO |
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An event changing the breakdown of voting rights |
NO |
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Other (please specify): |
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NO |
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3. Full name of person(s) subject to the |
WP X INVESTMENTS I LTD |
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4. Full name of shareholder(s) |
N/A |
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5. Date of the transaction and date on |
22 MARCH 2012 |
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6. Date on which issuer notified: |
22 MARCH 2012 |
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7. Threshold(s) that is/are crossed or |
17% |
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8. Notified details: |
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A: Voting rights attached to shares viii, ix |
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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 x |
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Direct |
Direct xi |
Indirect xii |
Direct |
Indirect |
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1p ordinary
GB00B01QLV45 |
402,813,619 |
402,813,619 |
411,313,619 |
411,313,619 |
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17.15% |
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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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N/A |
N/A |
N/A |
N/A |
N/A |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi |
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Resulting situation after the triggering transaction |
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Type of financial |
Exercise price |
Expiration date xvii |
Exercise/ |
Number of voting rights instrument refers to
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% of voting rights xix, xx
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N/A |
N/A |
N/A |
N/A |
N/A |
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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411,313,619 |
17.15% |
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9. Chain of controlled undertakings through which the voting rights and/or the |
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WP X Investments I Ltd. (411,313,619 shares) is a wholly owned subsidiary of WP X Investments II Ltd.
WP X Investments II Ltd. is a wholly owned subsidiary of WP X (as defined below).
Warburg Pincus Private Equity X, L.P., a Delaware limited partnership, and Warburg Pincus X Partners, L.P., a Delaware limited partnership (collectively, "WP X"), are private equity funds managed by Warburg Pincus LLC, a New York limited liability company ("WP LLC").
Warburg Pincus X, L.P., a Delaware limited partnership ("WP X LP"), is the general partner of WP X. Warburg Pincus X LLC, a Delaware limited liability company ("WP X LLC"), is the general partner of WP X LP.
Warburg Pincus Partners LLC, a New York limited liability company ("WP Partners"), is the sole member of WP X LLC.
Warburg Pincus & Co., a New York general partnership, is the managing member of WP Partners. |
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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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14. Contact name: |
Andrew McDonald, General Counsel & Company Secretary |
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15. Contact telephone number: |
01727 815850 |
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