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TIME OUT GROUP PLC — Major Shareholding Notification 2016
Jun 16, 2016
7972_mrq_2016-06-16_072da09b-09eb-4e2b-879f-16d8f9fe4b6e.html
Major Shareholding Notification
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RNS Number : 3956B
Time Out Group plc
16 June 2016
| 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 | Time Out Group 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 the notification obligation: iii |
Insight Investment Management [Global] Limited | |||
| 4. Full name of shareholder(s) (if different from 3.):iv |
N/A | |||
| 5. Date of the transaction and date on which the threshold is crossed or reached: v |
14 June 2016 | |||
| 6. Date on which issuer notified: | 15 June 2016 | |||
| 7. Threshold(s) that is/are crossed or reached: vi, vii |
Crossing above 5% | |||
| 8. Notified details: GB00BYYV0629 | ||||||||||||||||
| 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 | ||||||||||||
| Common Stock GB00BYYV0629 |
- | - | 8,666,667 | 8,666,667 | N/A | 6.67% | N/A | |||||||||
| 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 |
||||||||||||
| N/A | ||||||||||||||||
| 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 | |||||||||||
| N/A | Nominal | Delta | ||||||||||||||
| Total (A+B+C) | ||||||||||||||||
| Number of voting rights | Percentage of voting rights | |||||||||||||||
| 8,666,667 | 6.67% | |||||||||||||||
| 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi |
||
| Insight Investment Management [Global] Limited holds these shares as a discretionary fund manager. | ||
| Proxy Voting: | ||
| 10. Name of the proxy holder: | N/A | |
| 11. Number of voting rights proxy holder will cease to hold: |
N/A | |
| 12. Date on which proxy holder will cease to hold voting rights: |
N/A | |
| 13. Additional information: | N/A | |
| 14. Contact name: | Ivan Arias | |
| 15. Contact telephone number: | 516-338-3370 | |
This information is provided by RNS
The company news service from the London Stock Exchange
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