20th Jul 2016 11:20
Punch Taverns plc (the "Company") 20 July 2016
TR-1 NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
Punch Taverns 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 financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments: |
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An event changing the breakdown of voting rights: |
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Other (please specify): |
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3. Full name of person(s) subject to the notification obligation:
Warwick Capital Partners LLP
4. Full name of shareholder(s) (if different from 3):
Warwick European Credit Opportunities Fund LP
Warwick European Opportunities Fund Inc
Warwick European Opportunities Fund II LP
Warwick European Opportunities Fund II (SC) LP
5. Date of the transaction (and date on which the threshold if crossed or reached if different):
19 July 2016
6. Date on which issuer notified:
20 July 2016
7. Threshold(s) that is/are crossed or reached:
10%
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 | |
Number of shares | Number of voting rights | |
GB00BPXRVT80 | 21,257,398 | 21,257,398 |
Resulting situation after the triggering transaction | ||||
Number of shares | Number of voting rights | % of voting rights | ||
Direct | Direct | Indirect | Direct | Indirect |
29,643,608 | 29,643,608 | 0 | 13.36% | 0 |
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction | ||||
Type of financial instrument | Expiration date | Exercise/Conversion/Period Date | Number of voting rights that may be acquired if the instrument is exercised/ converted | % of voting rights |
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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 Date | Number of voting rights that may be acquired if the instrument is exercised/ converted | % of voting rights | |
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| Nominal | Delta |
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Total (A+B+C)
Number of voting rights | % of voting rights |
29,643,608 | 13.36% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
The position is held in the following funds:
Warwick European Credit Opportunities Fund LP
Warwick European Opportunities Fund Inc
Warwick European Opportunities Fund II LP
Warwick European Opportunities Fund II (SC) LP
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:
Francesca Appleby, Financial Reporting Manager
15. Contact telephone number:
01283 501600
Related Shares:
Punch Taverns PLC