Watchstone Group PLC - Major Shareholding Notification 2017

National Storage Mechanism | Additional information

RNS Number : 4789H

Watchstone Group PLC

08 June 2017





TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES i

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii		WATCHSTONE GROUP PLC
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights			ü
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	BEACH POINT CAPITAL MANAGEMENT LP
4. Full name of shareholder(s) (if different from 3.):iv
5. Date of the transaction and date on which the threshold is crossed or reached: v	6 June 2017
6. Date on which issuer notified:	7 June 2017
7. Threshold(s) that is/are crossed or reached: vi, vii	17%


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
GB00BYNBFN51	7,804,152			7,804,152			7,888,718			7,888,718			17.14

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
7,888,718								17.14


9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi


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:
14. Contact name:	Khoa D. Le
15. Contact telephone number:	+001 310 996 9657

This information is provided by RNS

The company news service from the London Stock Exchange

END

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