15th Nov 2012 07:00
15 November 2012
Findel plc (the "Company")
Holding(s) in Company
The Company has received notification of changes to holdings of shares in the Company from each of Norges Bank and Tosca Asset Management LLP. Copies of the details notified by each of them are attached to this announcement.
Enquiries
Findel plc Mark Ashcroft, Company Secretary0161 303 3465
Tulchan Communications LLPStephen Malthouse / Susanna Voyle / Michelle Clarke020 7353 4200
TOSCA ASSET MANAGEMENT LLP | |||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | FINDEL PLC | ||||
2 Reason for the notification (please tick the appropriate box or boxes): | |||||
An acquisition or disposal of voting rights | YES | ||||
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 | Toscafund Asset Management LLP | ||||
4. Full name of shareholder(s) (if different from 3.):iv | Tosca Mid Cap DB Platinum Tosca Mid Cap Equity Fund Tosca Opportunity Fund | ||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 12/11/2012 | ||||
6. Date on which issuer notified: | 14/11/2012 | ||||
7. Threshold(s) that is/are crossed orreached: vi, vii | 29% | ||||
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 | ||||||||||||
GB0003374070 | 452,924,885 | 452,924,885 | 503,639,671 | 0 | 503,639,671 | 0 | 29.6931% | |||||||||
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
| |||||||||||
| Nominal | Delta | ||||||||||||||
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
503,639,671 | 29.6931% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
| ||
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: | Robert Lord | |
15. Contact telephone number: | 020 7845 6100 | |
NORGES BANK | |||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | Findel Plc GB0003374070 | ||||
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 | Norges Bank | ||||
4. Full name of shareholder(s) (if different from 3.):iv | N/A | ||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 12 November 2012 | ||||
6. Date on which issuer notified: | 14 November 2012 | ||||
7. Threshold(s) that is/are crossed orreached: vi, vii | 5%, 4%, 3% | ||||
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 | ||||||||||||
GB0003374070 | 86,966,561 | 86,966,561 | 36,251,775 | 36,251,775 | 2.14% | |||||||||||
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 | ||||||||||||
N/A | N/A | N/A | N/A | N/A | ||||||||||||
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
| |||||||||||
N/A | N/A | N/A | N/A |
N/A
| Nominal | Delta | ||||||||||
N/A | N/A | |||||||||||||||
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
36,251,775 | 2.14% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
N/A | ||
Proxy Voting: | ||
10. Name of the proxy holder: | Norges Bank | |
11. Number of voting rights proxy holder will ceaseto hold: | N/A | |
12. Date on which proxy holder will cease to holdvoting rights: | N/A | |
13. Additional information: | None | |
14. Contact name: | Stanislav Boiadjiev | |
15. Contact telephone number: | +47 2407 3142 | |
Related Shares:
STU.L