Safestay PLC Holding(s) in Company (3961Y)
March 02 2017 - 10:00AM
UK Regulatory
TIDMSSTY
RNS Number : 3961Y
Safestay PLC
02 March 2017
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
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1. Identity of the issuer or the underlying SAFESTAY PLC
issuer
of existing shares to which voting rights
are
attached: (ii)
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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 X
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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
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An acquisition or disposal of instruments with similar economic
effect to qualifying financial instruments
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An event changing the breakdown of voting rights
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Other (please
specify):
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3. Full name of person(s) subject PYRRHO INVESTMENTS LIMITED
to the
notification obligation: (iii)
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4. Full name of shareholder(s)
(if different from 3.):(iv)
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5. Date of the transaction and date 22 FEBRUARY 2017
on
which the threshold is crossed
or
reached: (v)
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6. Date on which issuer notified: 1 MARCH 2017
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7. Threshold(s) that is/are crossed
or
reached: (vi, vii) 16 %
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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 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)
------------- ------------ ------------ -------------- --------- ----------- ------------ -------------
GB00BKT0J702 5,000,000 5,000,000 5,725,000 5,725,000 16.73%
------------- ---------------- ---------------- -------------- --------- ----------- ------------ -------------
B: Qualifying Financial Instruments
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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)
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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 refers to
(xviii)
--------------- -------------- -------------- ---------------- ------------------------ -------------------------
Nominal Delta
--------------- -------------- -------------- ---------------- ------------------------ ------------ -----------
Total (A+B+C)
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Number of voting rights Percentage of voting rights
--------------------------------------------------- -----------------------------------------------------------------
5,725,000 16.73%
--------------------------------------------------- -----------------------------------------------------------------
9. Chain of controlled undertakings through which the voting rights and/or
the
financial instruments are effectively held, if applicable: (xxi)
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Proxy Voting:
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10. Name of the proxy holder:
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11. Number of voting rights proxy holder will
cease
to hold:
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12. Date on which proxy holder will cease to
hold
voting rights:
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This disclosure has been calculated
13. Additional information: based on total voting rights in issue
amount of 34,219,134
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14. Contact name: Paul Cummins, Pyrrho Investments Limited
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15. Contact telephone number: +852 2376 0686
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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