14th Oct 2014 17:25
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 | Dart Group 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 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 thenotification obligation: iii | Silver Point Capital, L.P. Edward A. Mulé
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4. Full name of shareholder(s) (if different from 3.):iv | Silver Point Capital Fund, L.P. Silver Point Capital Offshore Master Fund, L.P. | |||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 10 October 2014 | |||
6. Date on which issuer notified: | 14 October 2014 | |||
7. Threshold(s) that is/are crossed orreached: vi, vii | 5% | |||
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 | ||||||||||||
GB00B1722W11 Ordinary | 7,285,000 | 7,435,000 | 7,435,000 | 5.079 | ||||||||||||
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
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| Nominal | Delta | ||||||||||||||
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
7,435,000 | 5.079% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||||
Silver Point Capital Fund, L.P. and Silver Point Capital Offshore Master Fund, L.P. are the direct holders of the shares and hold as follows:
Silver Point Capital Fund, L.P. and Silver Point Capital Offshore Master Fund, L.P. are managed by Silver Point Capital, L.P. Silver Point Capital, L.P.'s general partner is Silver Point Capital Management, LLC. Edward A. Mulé is the managing member of Silver Point Capital Management, LLC.
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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: | This disclosure has been calculated on the basis that the number of shares currently in issue is 146,378,549 ordinary shares.
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14. Contact name: | James S. Kasmarcik, Silver Point Capital | |||
15. Contact telephone number: | 001 (203) 542-4485 | |||
Related Shares:
DTG.L