19th Dec 2016 15:56
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | ||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | Enterprise Inns plc | |||
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 | X | |||
An event changing the breakdown of voting rights | ||||
Other (please specify): | ||||
3. Full name of person(s) subject to thenotification obligation: iii | Glenview Capital Management, LLC | |||
4. Full name of shareholder(s) (if different from 3.):iv | Goldman Sachs Bank USA Goldman Sachs International Morgan Stanley Capital Services LLC | |||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 15 December 2016 | |||
6. Date on which issuer notified: | 19 December 2016 | |||
7. Threshold(s) that is/are crossed orreached: vi, vii | 13% | |||
8. Notified details: | |||||||||||||||||
A: Voting rights attached to shares viii, ix | |||||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | |||||||||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | |||||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | |||||||||||||
B: Qualifying Financial Instruments | |||||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | |||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | |||||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||||
Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to
| % of voting rights xix, xx
| ||||||||||||
Total Return Swap | 16/01/2017; 18/01/2017; 13/02/2017; 15/03/2017; 09/05/2017; 05/07/2017; 04/10/2017; 21/02/2018; 14/03/2018; 20/03/2018; 05/04/2018; 05/06/2018; 06/07/2018; 26/07/2018; 05/10/2018; 07/12/2018 19/12/2018 | 63,688,160 | Nominal | Delta | |||||||||||||
13.05% | |||||||||||||||||
Total (A+B+C) | |||||||||||||||||
Number of voting rights | Percentage of voting rights | ||||||||||||||||
63,688,160 | 13.05% | ||||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
Larry Robbins, the CEO of Glenview Capital Management, LLC ("Glenview"), is the ultimate controller of Glenview.
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Proxy Voting: | ||
10. Name of the proxy holder: | ||
11. Number of voting rights proxy holder will ceaseto hold: | ||
12. Date on which proxy holder will cease to holdvoting rights: | ||
13. Additional information: | ||
14. Contact name: | Jonathan Danziger | |
15. Contact telephone number: | + 1 212 323 6567 | |
Related Shares:
EI Group