Hastings Group Holdings plc TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (2105T)
January 03 2017 - 6:33AM
UK Regulatory
TIDMHSTG
RNS Number : 2105T
Hastings Group Holdings plc
03 January 2017
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
----------------------------------------------------------------------------------------
1. Identity of the issuer or Hastings Group Holdings
the underlying issuer plc
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 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
------------------------------------------------------------ --------------------------
An event changing the breakdown of voting rights x
------------------------------------------------------------ --------------------------
Other (please
specify):
---------------------------------------------------------- --------------------------
3. Full name of person(s) Edward Fitzmaurice
subject to the
notification obligation:
(iii)
----------------------------------------------------------- ---------------------------
4. Full name of shareholder(s) Hastings Investco Limited
(if different from 3.):(iv)
----------------------------------------------------------- ---------------------------
5. Date of the transaction 29 December 2016
and date on
which the threshold is
crossed or
reached: (v)
----------------------------------------------------------- ---------------------------
6. Date on which issuer 3 January 2017
notified:
----------------------------------------------------------- ---------------------------
7. Threshold(s) that is/are
crossed or
reached: (vi, vii) 7%
----------------------------------------------------------- ---------------------------
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)
------------- ------------ ----------- ------------- ------------- ------------- ------------ -----------
GB00BYRJH519 52,266,700 7.95% 12,500,000 12,500,000 37,607,950 1.90% 5.72%
---------------- ------------- ------------- ------------- ------------- ------------ -----------
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
------------------------------------------------------------- -------------------------------------------------------
50,107,950 7.62%
------------------------------------------------------------- -------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
-------------------------------------------------------------------------------------
Following the acquisition of 12,500,000 Ordinary Shares
in Hastings Group Holdings plc, Edward Fitzmaurice now
holds a direct interest in 1.90% of the voting rights.
He also holds voting rights in Hastings Group Holdings
plc indirectly as a shareholder of Hastings Holdco Limited,
which is a shareholder of Hastings Investco Limited.
Hastings Investco Limited now holds 49.47% of the ordinary
share capital of Hastings Group Holdings plc.
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: Edward Fitzmaurice
-------------------------------------------------------------- ---------------------
15. Contact telephone number: -
-------------------------------------------------------------- ---------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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