M&C SAATCHI PLC — Major Shareholding Notification 2017

Jun 15, 2017

National Storage Mechanism | Additional information

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RNS Number : 1911I

M&C Saatchi PLC

15 June 2017

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii				M&C Saatchi plc
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 effect to qualifying financial instruments
An event changing the breakdown of voting rights					x
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii		Paradice Investment Management Pty Ltd PIM US Pty Ltd Paradice Investment Management LLC
4. Full name of shareholder(s) (if different from 3.):iv		StateStreet Nominees Chase Nominees The Bank of New York (Nominees) Ltd. Vidacos Nominees Limited BNP Paribas Nominees
5. Date of the transaction and date on which the threshold is crossed or reached: v		13 June 2017
6. Date on which issuer notified:		14 June 2017
7. Threshold(s) that is/are crossed or reached: vi, vii		Going beneath 12%

8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type of shares if possible using the ISIN CODE	Situation previous to the triggering transaction						Resulting situation after the triggering transaction
Number of Shares			Number of Voting Rights			Number of shares		Number of voting rights			% of  voting rights x
Direct		Direct xi		Indirect xii	Direct			Indirect
GB00B01F7T14	9,293,985			9,293,985			0		0		9,293,985	0			11.89%
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument			Expiration date xiii		Exercise/ Conversion Period xiv					Number of voting rights that may be acquired if the instrument is exercised/ converted.				% of voting rights
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial instrument		Exercise price		Expiration date xvii		Exercise/ Conversion period xviii			Number of voting rights instrument refers to				% of voting rights xix, xx
													Nominal			Delta
Total (A+B+C)
Number of voting rights								Percentage of voting rights
9,293,985								11.89%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Paradice Investment Management LLC is an investment management entity that manages the assets of certain funds and/or managed accounts and the assets under its management include the shares described in Box 8A of this notification. Paradice Investment Management LLC is a direct controlled undertaking of PIM US Pty Ltd.  PIM US Pty Ltd. Is a direct controlled undertaking of Paradice Investment Management Pty Ltd.
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:

This information is provided by RNS

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