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Holding(s) in Company

11th Mar 2010 15:39

RNS Number : 4636I
Enterprise Inns PLC
11 March 2010
 



 

 

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

 

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

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 the notification obligation:

 

 Glenview Capital Management, LLC

4. Full name of shareholder(s) (if different from 3.):

 

5. Date of the transaction and date on which the threshold is crossed or reached:

 

 9th March 2010

6. Date on which issuer notified:

 

 11th March 2010

7. Threshold(s) that is/are crossed or reached:

 

 12%

 

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

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of voting rights

Direct

Direct

Indirect

Direct

Indirect

 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

 

Type of financial instrument

Expiration date

Exercise/ Conversion Period

Number of voting rights that may be acquired if the instrument is exercised/ converted.

 

% of voting rights

 

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

Number of voting rights instrument refers to

% of voting rights

 

 Total Return Swap

06/03/2012

09/01/2012

07/11/2011

20/01/2011

 62,083,386

Nominal

Delta

 

 12.27

 

Total (A+B+C)

 

Number of voting rights

Percentage of voting rights

 62,083,386

 12.27

 

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

 Larry Robbins, the CEO of Glenview Capital Management, LLC ("Glenview") is the ultimate controller of Glenview.

 

Proxy Voting:

 

10. Name of the proxy holder:

 

11. Number of voting rights proxy holder will cease to hold:

 

12. Date on which proxy holder will cease to hold voting rights:

 

 

13. Additional information:

 

14. Contact name:

 

 Mark Horowitz

15. Contact telephone number:

 

 +1 212 812 4720

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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