Level 2

Ladbrokes (LAD)

Sector:

Travel & Leisure

Index:

FTSE 250

169.60p
   
  • Change Today:
      1.30p
  • 52 Week High: 181.40
  • 52 Week Low: 114.00
  • Currency: UK Pounds
  • Shares Issued: 908.16m
  • Volume: 3,784,798
  • Market Cap: £1,540.24m
  • RiskGrade: 143
  • Beta: 0.85

Holding(s) in Company

RNS Number : 1569W
Ladbrokes plc
25 January 2012
 

 




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

Ladbrokes 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 the
notification obligation:
iii

Eminence Capital, LLC

Ricky C. Sandler

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

Goldman Sachs & Co

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

20 January 2012

6. Date on which issuer notified:

24 January 2012

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

3%



 

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 xi

Indirect xii

Direct

Indirect

Eminence Capital, LLC

Ordinary Shares

36,242,000

36,242,000

Below 3%


Below 3%


Below 3%

GB00B0ZSH635

Ricky C. Sandler

Ordinary Shares

36,248,400

36,248,400

Below 3%


Below 3%


Below 3%

GB00B0ZSH635


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

Eminence Capital, LLC

Below 3%

Below 3%

Ricky C. Sandler

Below 3%

Below 3%

 

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

 

Ricky C. Sandler is the Managing Member of Eminence Capital, LLC and therefore may be deemed to have indirect voting power with respect to the shares directly owned by the funds managed by Eminence Capital, LLC, and individually with respect to shares over which Mr. Sandler has investment discretion.


Proxy Voting:

10. Name of the proxy holder:


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:



14. Contact name:


15. Contact telephone number:


 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

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