Level 2

Company Announcements

Holding(s) in Company

Related Companies

By LSE RNS

RNS Number : 1856H
Action Hotels PLC
05 June 2017
 

 

For filings with the FSA 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 issuer
of existing shares to which voting rights are
attached: ii

Action Hotels 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): Privately negotiated financial instruments which may result in the acquisition of shares already issued to which voting rights are attached


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

Blakeney LLP

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

Blakeney LLP as investment advisor manager of the funds listed in Section 9.

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

2nd June 2017

6. Date on which issuer notified:

5th June 2017

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

12%,11%,10%


 

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

JE00BFZD1492

13,758,040

13,758,040

9,715,463


9,715,463


 

6.58%

 



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

Option

19/12/2018

23/12/2015-19/12/2018

4,763,540

3.23%


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

   14,479,003

 

9.81%


 

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

 

Fund name

Resulting Number of ordinary Shares

Resulting Number of options equal to ordinary Shares on conversion

 % of Total Issued Share Capital incl options

BI

1,271,927

588,434

1.26%

CCDP LP

446,873

81,936

0.36%

BLP

5,777,834

1,555,561

4.97%

ONYX

884,381

257,241

0.77%

ILP


100,038

0.07%

AALP


419,207

0.28%

HELP


771,722

0.52%

PALP


157,203

0.11%

MALP


157,203

0.11%

BSHLP


41,921

0.03%

RSLP


524,009

0.35%

BOLP

1,334,448

109,065

0.98%

Total

9,715,463

4,763,540

9.81%


Proxy Voting:

10. Name of the proxy holder:

Blakeney LLP

11. Number of voting rights proxy holder will cease to hold:

Not applicable

12. Date on which proxy holder will cease to hold voting rights:

Not applicable



13. Additional information:



14. Contact name:

David Da Cunha

15. Contact telephone number:

020 7352 4117


 

Note: Annex should only be submitted to the FSA 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)

 

Blakeney LLP

Contact address

(registered office for legal entities)

 

29 Chelsea Wharf, Lots Road, London SW10 0QJ

Phone number & email

 

020 7352 4117

Other useful information

(at least legal representative for legal persons)

 

Emma Ingram, Managing Member



B: Identity of the notifier, if applicable

Full name

 

Not applicable

Contact address

 

Not applicable

Phone number & email

 

Not applicable

Other useful information

(e.g. functional relationship with the person or legal entity subject to the notification obligation)

Not applicable


C: Additional information


For notes on how to complete form TR-1 please see the FSA website.

 


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

Top of Page