25th Jun 2014 17:22
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES i |
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii | Johnston Press Plc ("JP") |
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 the notification obligation: iii | PanOcean Management Limited |
4. Full name of shareholder(s) (if different from 3.): iv | 1. UBS AG Singapore(nominee for Gromwell Limited) 2. UBS AG(nominee for EFL Limited) |
5. Date of the transaction and date on which the threshold is crossed or reached: v | 13 June 2014 |
6. Date on which issuer notified: | 13 June 2014 |
7. Threshold(s) that is/are crossed or reached: vi, vii | 10.63% |
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 | |||
ORD GBP 0.10 ISIN GB0004769682 | 63,973,976 | 63,973,976 | - | - | 562,746,716 | - | 10.63 |
B: Qualifying Financial Instruments | ||||
Resulting situation after the triggering transaction | ||||
Type of financialinstrument | Expirationdate xiii | Exercise/ConversionPeriod 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 | Exerciseprice | Expirationdate xvii | Exercise/Conversionperiod xviii | Number of votingrights instrumentrefers to | % of voting rights xix, xx
| |
- | - | - | - | - | Nominal | Delta
|
- | - |
Total (A+B+C) | |
Number of voting rights | Percentage of voting rights |
562,746,716 | 10.63 |
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi |
The voting rights attached to the ordinary shares in JP of 10 pence each are held by the following controlled undertakings :-
· Gromwell Limited ("Gromwell") - 534,442,745 (10.1%) voting rights · EFL Limited ("EFL") - 28,303,971 (0.53%) voting rights
The chain of controlled undertakings through which the afore-mentioned voting rights are effectively held is as follows :-
· Gromwell is a wholly-owned undertaking of Usaha Tegas Sdn Bhd ("UTSB"). · EFL is a wholly-owned undertaking of Excorp Holdings Holdings Limited ("EHL"). · Pacific States Investment Limited ("PSIL") has a direct controlling interest of 9,999,998 ordinary shares of RM1.00 each representing 99.999% of the issued share capital in UTSB. · The shares in PSIL are held 100% by Excorp Holdings N.V. ("Excorp"). · The shares in Excorp and EHL are in turn held 100% by PanOcean Management Limited ("POML"). · POML is the trustee of a discretionary trust, the beneficiaries of which are members of the family of Ananda Krishnan Tatparanandam and foundations including those for charitable purposes. |
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: | Ooi Boon Leong |
15. Contact telephone number: | +603 2380 6688 |
Related Shares:
Johnston Press PLC