16 Nov 2015 10:05
PENDRAGON PLC - Holding(s) in CompanyPENDRAGON PLC - Holding(s) in Company
PR Newswire
London, November 16
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | ||||
| 1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | PENDRAGON PLC | |||
| 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 | ||||
| Other (please specify): | ||||
| 3. Full name of person(s) subject to thenotification obligation: iii | ODEY ASSET MANAGEMENT LLP | |||
| 4. Full name of shareholder(s) (if different from 3.):iv | ||||
| 5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 13 NOVEMBER 2015 | |||
| 6. Date on which issuer notified: | 16 NOVEMBER 2015 | |||
| 7. Threshold(s) that is/are crossed orreached: vi, vii | 18% | |||
| 8. Notified details: | ||||||||||||||
| A: Voting rights attached to shares viii, ix | ||||||||||||||
| Class/type ofsharesif possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | ||||||||||||
| NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | ||||||||||
| Direct | Direct xi | Indirect xii | Direct | Indirect | ||||||||||
| Ordinary Share(GB00B1JQBT10) | 239,700,900 | 239,700,900 | 242,488,120 | 242,488,120 | 16.61% | |||||||||
| B: Qualifying Financial Instruments | ||||||||||||||
| Resulting situation after the triggering transaction | ||||||||||||||
| Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | ||||||||||
| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||||||||||
| Resulting situation after the triggering transaction | ||||||||||||||
| Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to | % of voting rights xix, xx | |||||||||
| Contract for Difference (CFD) | 21,480,260 | Nominal | Delta | |||||||||||
| 1.47% | ||||||||||||||
| Total (A+B+C) | ||||||||||||||
| Number of voting rights | Percentage of voting rights | |||||||||||||
| 263,968,380 | 18.08% | |||||||||||||
| 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
| Odey Allegra International Fund holds 4.87%. Odey European Inc. holds 3.82%. All other Funds hold less than 3%. | ||
| Proxy Voting: | ||
| 10. Name of the proxy holder: | ||
| 11. Number of voting rights proxy holder will ceaseto hold: | ||
| 12. Date on which proxy holder will cease to holdvoting rights: | ||
| 13. Additional information: | ||
| 14. Contact name: | RICHARD MALONEY | |
| 15. Contact telephone number: | 01623 725119 | |