23rd Oct 2014 10:35
Punch Taverns plc (the "Company") 23 October 2014
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: |
|
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:
Oaktree Capital Management, L.P. as manager of Oaktree Huntington Investment Fund, L.P. and Oaktree Opportunities Fund VIII Delaware, L.P.
4. Full name of shareholder(s) (if different from 3):
Oaktree Huntington Investment Fund, L.P.
Oaktree Opportunities Fund VIII Delaware, L.P.
5. Date of the transaction (and date on which the threshold if crossed or reached if different):
8 October 2014
6. Date on which issuer notified:
22 October 2014
7. Threshold(s) that is/are crossed or reached:
Above 3%
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 | |
GB0031552861 | - | - |
Resulting situation after the triggering transaction | ||||
Number of shares | Number of voting rights | % of voting rights | ||
Direct | Direct | Indirect | Direct | Indirect |
- | - | 8,095,827 | - | 8,095,827 |
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 |
N/A | N/A | N/A | N/A | N/A |
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 | |
|
|
|
|
| Nominal | Delta |
N/A
| N/A
| N/A
| N/A
| N/A
| N/A | N/A |
Total (A+B+C)
Number of voting rights | % of voting rights |
8,095,827 | 3.65% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Oaktree Huntington Investment Fund, L.P.
Oaktree Opportunities Fund VIII Delaware, L.P.
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:
Ed Bashforth, Company Secretary
15. Contact telephone number:
01283 501600
Related Shares:
Punch Taverns PLC