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RNS Number : 7534N
Darty PLC
20 May 2015
 
 
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi



1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:
ii

Darty 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


An event changing the breakdown of voting rights


Other (please specify):



3. Full name of person(s) subject to the
notification obligation:
iii

Knight Vinke Asset Management LLC for itself and on behalf of other Knight Vinke companies and partnerships

4. Full name of shareholder(s)
 (if different from 3.):iv

State Street Bank and Trust Company, on behalf of

Knight Vinke Institutional Partners I, L.P. ("KVIP I"), Knight Vinke Institutional Partners II, L.P. ("KVIP II"), Knight Vinke Institutional Partners V, L.P. ("KVIP V"), and KV Services II Limited.

 

Bank of New York Mellon, Massachusetts on behalf of KV Services II Limited

 

UBS, Luxembourg on behalf of KV Services Limited

 

5. Date of the transaction and date on
which the threshold is crossed or
reached:
v

14th May 2015

6. Date on which issuer notified:

19th May 2015

7. Threshold(s) that is/are crossed or
reached:
vi, vii

 

14.34% shareholding with direct voting rights. The filing requirement arises from voting rights associated with 56,930,915 shares directly held by TRS Texas being assumed by the beneficiary. No shares have changed hands.

 

 

 

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of
shares


if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

 

GB0033040113

 

132,605,624

 

132,605,624

 

75,974,709

 

75,974,709


14.34%



B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date
xiii

Exercise/
Conversion Period
xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights






C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

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

75,974,709

14.34%



 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
xxi

 

Knight Vinke Asset Management LLC, KVAM International II Limited, KV Services Limited and KV Services II Limited being investment managers in the Knight Vinke Group and KVIP I, KVIP II and KVIP V (together the "Knight Vinke Group").

 


Proxy Voting:

10. Name of the proxy holder:

State Street Bank and Trust Company, UBS and BNY Mellon as detailed in #4

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:

The filing requirement arises from voting rights associated with 56,930,915 shares directly held by TRS Texas being assumed by the beneficiary. No shares have changed hands.

 

Knight Vinke total holding of 75,974,709 shares represents 14.34 % of shares outstanding.

 

As part of this total some named entities within the Knight Vinke Group have major interests in the shares

 

Notification using shares in issue figure of 529,553,216

 

14. Contact name:

Simon Enoch, Company Secretary

Darty plc

15. Contact telephone number:

020 7269 1400

 


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