21st Jul 2015 10:39
CANDOVER INVESTMENTS PLC - TR-1 Notification of Major Interest in SharesCANDOVER INVESTMENTS PLC - TR-1 Notification of Major Interest in Shares
PR Newswire
London, July 21
| 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 | Candover Investments 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 | Ironsides Partners LLC | |||
| 4. Full name of shareholder(s) (if different from 3.):iv | Ironsides Partners Opportunity Master Fund L.P.Ironsides Partners Special Situations Master Fund L.P.Lepercq-Amcur SICAV FIS | |||
| 5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 16-20 July 2015 | |||
| 6. Date on which issuer notified: | 20 July 2015 | |||
| 7. Threshold(s) that is/are crossed orreached: vi, vii | Crossed below 15% of outstanding ordinary shares | |||
| 8. Notified details: | ||||||||||||||||
| A: Voting rights attached to shares viii, ix | ||||||||||||||||
| Class/type ofsharesif 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 | ||||||||||||
| Ordinary Shares | 1,884,546 | 1,884,546 | 1,884,546 | 8.66% | ||||||||||||
| 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 | |||||||||||
| Contracts for Difference | N/A | November 2016-November 2024 | 1,259,501 | Nominal | Delta | |||||||||||
| 5.78% | 5.78% | |||||||||||||||
| Total (A+B+C) | ||||||||||||||||
| Number of voting rights | Percentage of voting rights | |||||||||||||||
| 3,144,047 | 14.44% | |||||||||||||||
| 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
| Ironsides Partners LLC, a U.S. registered investment advisor, is an indirect holder of the shares and is entitled to exercise the above voting rights and the rights pursuant the contracts for difference because Ironsides Partners LLC is the discretionary investment manager of Ironsides Partners Opportunity Master Fund L.P., the Ironsides Partners Special Situations Master Fund L.P. and also the Lepercq-Amcur SICAV FIS (the “Shareholders”).The Shareholders are the direct holders of the above shares and/or parties to the contracts for difference.Ironsides Partners LLC is an investment adviser regulated pursuant to the U.S. Investment Advisers Act of 1940. Accordingly, DTR 5.1.5 is applicable. | ||
| 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: | Gustavo Resendiz | |
| 15. Contact telephone number: | (617) 449-3136 | |
Related Shares:
CDI.L