9th Jan 2017 12:02
Punch Taverns plc (the "Company") 9 January 2017
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:
The Goldman Sachs Group, Inc.
4. Full name of shareholder(s) (if different from 3):
Goldman Sachs International
Goldman Sachs Asset Management, L.P.
5. Date of the transaction (and date on which the threshold if crossed or reached if different):
4 January 2017
6. Date on which issuer notified:
6 January 2017
7. Threshold(s) that is/are crossed or reached:
Above 6%
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 | Below 3% | Below 3% |
Resulting situation after the triggering transaction | ||||
Number of shares | Number of voting rights | % of voting rights | ||
Direct | Direct | Indirect | Direct | Indirect |
|
| 13,414,809 |
| 6.04% |
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 |
13,414,809 | 6.04% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
The Goldman Sachs Group, Inc.; 13,414,809 shares; 6.04%
Goldman Sachs (UK) L.L.C. (Controlled by The Goldman Sachs Group, Inc.); 13,409,973 shares; 6.04%Goldman Sachs Group UK Limited (Controlled by Goldman Sachs (UK) L.L.C.); 13,409,973 shares; 6.04%Goldman Sachs International (Controlled by Goldman Sachs Group UK Limited); 13,409,973 shares; 6.04%
GSAM Holdings LLC (Controlled by The Goldman Sachs Group, Inc.)
Goldman Sachs Asset Management, L.P. (Controlled by GSAM Holdings LLC)
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:
Please note, total amount of voting rights have been rounded to 2 decimal places therefore there is a possibility of a rounding error.
14. Contact name:
Francesca Appleby, Financial Reporting Manager
15. Contact telephone number:
(01283) 501600
Related Shares:
Punch Taverns PLC