Ei Group plc Holding(s) in Company (7278G)
May 31 2017 - 9:00AM
UK Regulatory
TIDMEIG
RNS Number : 7278G
Ei Group plc
31 May 2017
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
----------------------------------------------------------------------------------------------------------------------
1. Identity of the issuer or the underlying EI Group plc
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
----------------------------------------------------------------------------------------------------------- ---------
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 X
effect to qualifying financial instruments
----------------------------------------------------------------------------------------------------------- ---------
An event changing the breakdown of voting rights
----------------------------------------------------------------------------------------------------------- ---------
Other (please
specify):
--------------- ------------------------------------------------------------------------------------------ ---------
3. Full name of person(s) subject Glenview Capital Management, LLC
to the
notification obligation: (iii)
-------------------------------------------------------- ------------------------------------------------------------
4. Full name of shareholder(s) Goldman Sachs Bank USA
(if different from 3.):(iv) Goldman Sachs International
Morgan Stanley Capital Services LLC
-------------------------------------------------------- ------------------------------------------------------------
5. Date of the transaction and date 26 May 2017
on
which the threshold is crossed
or
reached: (v)
-------------------------------------------------------- ------------------------------------------------------------
6. Date on which issuer notified: 31 May 2017
-------------------------------------------------------- ------------------------------------------------------------
7. Threshold(s) that is/are crossed
or
reached: (vi, vii) 10%
-------------------------------------------------------- ------------------------------------------------------------
8. Notified details:
----------------------------------------------------------------------------------------------------------------------
A: Voting rights attached to shares (viii, ix)
----------------------------------------------------------------------------------------------------------------------
Class/type Situation previous Resulting situation after the triggering
of to the triggering transaction
shares transaction
if
possible
using
the ISIN
CODE
----------- ----------------------------------------- --------------------------------------------------------------
Number Number Number Number of voting % of voting rights
of of of shares rights (x)
Shares Voting
Rights
----------- ------------------------- -------------- --------------- ------------------- ------------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
----------- --------- -------- ------------ --------------- -------- --------- ----------- -----------
B: Qualifying Financial Instruments
----------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
----------------------------------------------------------------------------------------------------------------------
Type of Expiration Exercise/ Number of voting % of voting
financial date (xiii) Conversion Period rights that may rights
instrument (xiv) 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 rights
financial price date (xvii) Conversion rights instrument (xix, xx)
instrument period (xviii) refers to
------------- ------------- ------------------------ --------------- --------------------- ----------------------
Total Return 05/06/2017; 43,523,930 Nominal Delta
Swap 04/10/2017;
10/01/2018;
21/02/2018;
07/03/2018;
14/03/2018;
20/03/2018;
05/04/2018;
06/04/2018;
05/06/2018;
06/06/2018;
05/07/2018;
06/07/2018;
23/07/2018;
03/08/2018;
05/10/2018;
05/12/2018;
07/12/2018;
19/12/2018;
21/12/2018;
24/12/2018;
02/01/2019;
03/01/2019;
07/01/2019;
16/01/2019
------------- ------------- ------------------------ --------------- --------------------- ----------- ---------
9.03%
----------- --------- -------- ------------ ----------- -------- --------- ----------- ---------
Total (A+B+C)
----------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
---------------------------------------------------------- ----------------------------------------------------------
43,523,930 9.03%
---------------------------------------------------------- ----------------------------------------------------------
9. Chain of controlled undertakings through which the voting rights and/or
the
financial instruments are effectively held, if applicable: (xxi)
------------------------------------------------------------------------------------------------
Larry Robbins, the CEO of Glenview Capital Management, LLC ("Glenview"),
is the ultimate controller of Glenview.
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: Jonathan Danziger
---------------------------------------------------------------------------- ------------------
15. Contact telephone number: + 1 212 323 6567
---------------------------------------------------------------------------- ------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
HOLSDSFDFFWSEEI
(END) Dow Jones Newswires
May 31, 2017 10:00 ET (14:00 GMT)
Ei (LSE:EIG)
Historical Stock Chart
From Apr 2024 to May 2024
Ei (LSE:EIG)
Historical Stock Chart
From May 2023 to May 2024
Real-Time news about Ei Group Plc (London Stock Exchange): 0 recent articles
More EI Grp News Articles