22nd Sep 2015 12:05
For filings with the FCA include the annex | |||||
For filings with issuer exclude the annex | |||||
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 | French Connection 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 | Gatemore Capital Management LLP | ||||
4. Full name of shareholder(s) (if different from 3.):iv | Liad Meidar GCM Partners I LP | ||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 21 September 2015 | ||||
6. Date on which issuer notified: | 21 September 2015 | ||||
7. Threshold(s) that is/are crossed orreached: vi, vii | 7% | ||||
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 | ||||||||||||
GB0033764746 | 6,337,000 | 6,337,000 | 6,837,000 | 0 | 6,837,000 | 0% | 7.1% | |||||||||
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 | |||||||||||||||
6,837,000 | 7.11% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | |||||||||||||
Gatemore Capital Management LLP is designated manager of all shares purchased by GCM Partners I, LP. On the 21st September GCM Partners I LP purchased a further 500,000 shares.
On the 1st September 2015, Liad Meidar elected for Gatemore Capital Management LLP to be Manager of his 4,837,000 shares (being Liad Meidar's entire shareholding in French Connection Group PLC as at that date).
Total shares under management:
| |||||||||||||
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: | Liad Meidar | ||||||||||||
15. Contact telephone number: | 0207 580 0300 |
Note: Annex should only be submitted to the FCA not the issuer | |
Annex: Notification of major interests in share | |
A: Identity of the persons or legal entity subject to the notification obligation | |
Full name (including legal form of legal entities)
| Gatemore Capital Management LLP |
Contact address (registered office for legal entities)
| 33 Cavendish Square, London W1G 0PW |
Phone number & email
| 0207 580 0300 |
Other useful information (at least legal representative for legal persons)
| |
B: Identity of the notifier, if applicable | |
Full name
| |
Contact address
| |
Phone number & email
| |
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation) | |
C: Additional information | |
For notes on how to complete form TR-1 please see the FCA website. |
Related Shares:
FCCN.L