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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

22nd Sep 2015 12:05

RNS Number : 8269Z
French Connection Group PLC
22 September 2015
 

 

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:

 

Company

Shares

% of total shares

GCM Partners I LP

2,000,000

2.1

Liad Meidar

4,837,000

5.0

Total

6,837,000

7.1

 

 

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.

 

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

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