8th Dec 2015 09:51
CANDOVER INVESTMENTS PLC - TR-I Notification of Major Interest in SharesCANDOVER INVESTMENTS PLC - TR-I Notification of Major Interest in Shares
PR Newswire
London, December 8
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 | 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. (disposing of its entire interest in contracts for difference)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 | 4 December 2015 | ||||
6. Date on which issuer notified: | 7 December 2015 | ||||
7. Threshold(s) that is/are crossed orreached: vi, vii | Crossed from above 14% of outstanding ordinary shares to below 9% 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 | 8.65% | ||||||||||||
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 | N/A | 0 | Nominal | Delta | |||||||||||
0.0% | 0.0% | |||||||||||||||
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
1,884,546 | 8.65% | |||||||||||||||
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 (the “Advisor”), is an indirect holder of the shares and is entitled to exercise the above voting rights because the Advisor is the discretionary investment manager 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.The Advisor is also the discretionary investment manager of Ironsides Partners Opportunity Master Fund L.P. (the “Opportunity Fund”). The Opportunity Fund has disposed of all the contracts for difference it held with respect to the issuer.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