Major Shareholding Notification • Jun 28, 2017
Major Shareholding Notification
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National Storage Mechanism | Additional information
RNS Number : 4494J
William Hill PLC
28 June 2017
The following notification was received today by William Hill PLC, relating to a major interest in shares of William Hill PLC.
Tom Fuller
Deputy Company Secretary
28 June 2017
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
| 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
||
| 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 | ||
| Other (please specify): | ||
| 3. Full name of person(s) subject to the notification obligation: |
Parvus Asset Management Europe Limited | |
| 4. Full name of shareholder(s) (if different from 3.): |
Parvus Asset Management Europe Limited has been appointed as Investment Manager a number of funds and managed accounts. Under the terms of the various investment management agreements, Parvus Asset Management Europe Limited holds the power to vote any physical shareholdings held by these clients. | |
| 5. Date of the transaction and date on which the threshold is crossed or reached: |
26/06/2017 | |
| 6. Date on which issuer notified: | 28/06/2017 | |
| 7. Threshold(s) that is/are crossed or reached: |
Going below 17% |
| 8. Notified details: | |||||||
| A: Voting rights attached to shares | |||||||
| 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 |
|||||
| Direct | Direct | Indirect | Direct | ||||
| - | - | - | - | ||||
| B: Qualifying Financial Instruments | |||||||
| Resulting situation after the triggering transaction | |||||||
| Type of financial instrument |
Expiration date |
Exercise/ Conversion Period |
|||||
| - | - | - | |||||
| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | |||||||
| Resulting situation after the triggering transaction | |||||||
| Type of financial instrument |
Exercise price | Expiration date | Exercise/ Conversion period |
||||
| Equity Swap | N/A | 04/12/2017 | N/A | ||||
| 6.04 | - | ||||||
| Equity Swap | N/A | 02/07/2018 | N/A | ||||
| Equity Swap | N/A | 11/07/2018 | N/A | ||||
| Equity Swap | N/A | 08/08/2018 | N/A | ||||
| Equity Swap | N/A | 31/10/2018 | N/A | ||||
| Equity Swap | N/A | 21/11/2018 | N/A | ||||
| Equity Swap | N/A | 26/11/2018 | N/A | ||||
| Total (A+B+C) | |||||||
| Number of voting rights | |||||||
| 145,811,427 |
| 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
|
| Parvus Asset Management Europe Limited is controlled by Parvus Asset Management Limited and Oakentree Limited. Parvus Asset Management Limited is in turn controlled by Parvus Asset Management (Cayman) Limited, which is controlled by Edoardo Mercadante. Oakentree Limited is in turn controlled by Mads Gensmann. Messrs Mercadante and Gensmann are directors of Parvus Asset Management Limited, which under the terms of the various investment management agreements, holds the power to vote on any physical shareholdings held by the funds and managed accounts. |
|
| 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: |
|
| 13. Additional information: | N/A |
| 14. Contact name: | Angus Milne |
| 15. Contact telephone number: | 0207 440 2330 |
This information is provided by RNS
The company news service from the London Stock Exchange
END
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