TIDM7DIG TIDM0MPM

RNS Number : 8435I

7digital Group PLC

22 June 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                                  7digital Group plc 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
-----------------------------------------------------------  ------------------------------------ 
 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                             NO 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
--------------------------------------------------------------  --------------------------------- 
 An acquisition or disposal of instruments with                                 NO 
  similar economic effect to qualifying financial 
  instruments 
--------------------------------------------------------------  --------------------------------- 
 An event changing the breakdown of voting rights                               NO 
--------------------------------------------------------------  --------------------------------- 
 Other (please 
  specify): 
-------------------------------------------------------  -----  --------------------------------- 
 3. Full name of person(s)                                                               METRO AG 
  subject to the 
  notification obligation: 
  (iii) 
---------------------------------------------------------  -------------------------------------- 
 4. Full name of shareholder(s)                                           24-7 Entertainment GmbH 
  (if different from 3.):(iv) 
---------------------------------------------------------  -------------------------------------- 
 5. Date of the transaction                                      Conditional agreement to acquire 
  and date on                                                           shares entered into on 19 
  which the threshold is                                                                June 2017 
  crossed or                                                         Threshold crossed on 21 June 
  reached: (v)                                                                               2017 
---------------------------------------------------------  -------------------------------------- 
 6. Date on which issuer                                                             21 June 2017 
  notified: 
---------------------------------------------------------  -------------------------------------- 
 7. Threshold(s) that is/are                                          Every percentage level from 
  crossed or                                                                below 3% to above 12% 
  reached: (vi, vii) 
---------------------------------------------------------  -------------------------------------- 
 
 
 
 8. Notified details: 
--------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
--------------------------------------------------------------------------------------------------------- 
 Class/type      Situation                       Resulting situation after the 
  of              previous                        triggering transaction 
  shares          to the triggering 
                  transaction 
  if possible 
  using 
  the ISIN 
  CODE 
--------------  ------------------------------  --------------------------------------------------------- 
                 Number          Number          Number        Number of voting        % of voting 
                 of              of               of shares     rights                  rights (x) 
                 Shares          Voting 
                                 Rights 
--------------  --------------  --------------  ------------  ----------------------  ------------------- 
                                                 Direct        Direct     Indirect     Direct    Indirect 
                                                               (xi)        (xii) 
--------------    ------------    ------------  ------------  ---------  -----------  --------  --------- 
 Ordinary 
  shares of 
  GBP0.01 
  ISIN: 
  GB00BMH46555                                                            23,144,616             12.65% 
                                                                         -----------  --------  --------- 
 
 
 B: Qualifying Financial Instruments 
--------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
--------------------------------------------------------------------------------------------------------- 
 Type of           Expiration      Exercise/                    Number of voting       % of voting 
  financial         date            Conversion                   rights that            rights 
  instrument        (xiii)          Period (xiv)                 may be 
                                                                 acquired if 
                                                                 the 
                                                                 instrument 
                                                                 is 
                                                                 exercised/ 
                                                                 converted. 
----------------  --------------  ---------------------------  ---------------------  ------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
--------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
--------------------------------------------------------------------------------------------------------- 
 Type of          Exercise        Expiration     Exercise/     Number of voting        % of voting 
  financial        price           date           Conversion    rights instrument       rights (xix, 
  instrument                       (xvii)         period        refers to               xx) 
                                                  (xviii) 
---------------  --------------  -------------  ------------  ----------------------  ------------------- 
                                                                                       Nominal   Delta 
---------------  --------------  -------------   -----------------------------------  --------  --------- 
 
 
 Total (A+B+C) 
--------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                       Percentage of voting rights 
------------------------------------------------------------  ------------------------------------------- 
 23,144,616                                                    12.65% 
------------------------------------------------------------  ------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------------------------------------------ 
 
                                                          24-7 Entertainment GmbH holds 23,144,616 ordinary shares 
                                                             (23,144,616 voting rights; 12.65% of the total voting 
                                                            rights) in 7digital Group plc. 24-7 Entertainment GmbH 
                                                            is a wholly-owned subsidiary of MS E-Business Concepts 
                                                             & Service GmbH, which is a wholly-owned subsidiary of 
                                                               Media-Saturn-Holding GmbH, which is a subsidiary of 
                                                         METRO Kaufhaus und Fachmarkt Holding GmbH (METRO Kaufhaus 
                                                             und Fachmarkt Holding GmbH holds 78.38% of the shares 
                                                            in Media-Saturn-Holding GmbH), which is a wholly-owned 
                                                                                           subsidiary of METRO AG. 
 
 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:                                             Dr. Moritz Berger 
                                                               Legal Affairs, Compliance 
                                                               & Privacy 
                                                               Media-Saturn-Holding GmbH 
                                                               Wankelstraße 5 
                                                               D-85046 Ingolstadt bergermo@mediamarktsaturn.com 
                                                               www.mediamarktsaturn.com 
------------------------------------------------------------  ---------------------------------------------------- 
 15. Contact telephone number:                                 Tel: +49 (841) 634-2761 
                                                                Mobile: +49 (151) 19517700 
------------------------------------------------------------  ---------------------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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June 22, 2017 02:00 ET (06:00 GMT)

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