- Login to your account
- Free Membership to Digital Look
- Site Map
- Company A-Z
- Finance A-Z
- News Archive
- Events
- Give Us Feedback
Digital Look
- Company A-Z
- Company Search
- MarketStars Premium
- Portfolios & Watchlists
- Charting
- Screening Tools
- Visual Tools
- Mobile Tools / PDA
- Education Guides
- UK Shares
- Funds
- International Shares
- Bonds
- Currencies
- Commodities
- Covered Warrants
Market Cap
£431.20m
Change Today
0.25p
Share Price
161.75p
Update -Holding(s) in Company
Punch Taverns plc (the "Company")
7 July 2008
TR-1 NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
Punch Taverns 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 financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: |
|
|
An event changing the breakdown of voting rights: |
|
|
Other (please specify): |
|
3. Full name of person(s) subject to the notification obligation:
David Einhorn
4. Full name of shareholder(s) (if different from 3):
Greenlight Capital, LP
Greenlight Capital Qualified, LP
Greenlight Capital Offshore, Ltd.
Greenlight Reinsurance, Ltd.
5. Date of the transaction (and date on which the threshold if crossed or reached if different):
2 July 2008
6. Date on which issuer notified:
4 July 2008
7. Threshold(s) that is/are crossed or reached:
4%
8. Notified details:
A: Voting rights attached to shares
|
Class/type of shares if possible using the ISIN CODE |
Situation previous to the triggering transaction |
|
|
Number of shares |
Number of voting rights |
|
|
GB0031552861 |
9,600,000 |
9,600,000 |
|
Resulting situation after the triggering transaction |
||||
|
Number of shares |
Number of voting rights |
% of voting rights |
||
|
|
Direct |
Indirect |
Direct |
Indirect |
|
11,100,000 |
11,100,000 |
|
4.2% |
|
B: Financial Instruments
|
Resulting situation after the triggering transaction |
||||
|
Type of financial instrument |
Expiration date |
Exercise/Conversion/Period Date |
Number of voting rights that may be acquired if the instrument is exercised/ converted |
% of voting rights |
|
|
|
|
|
|
Total (A+B)
|
Number of voting rights |
% of voting rights |
|
11,100,000 |
4.2% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Greenlight Capital, LP and Greenlight Capital Qualified, LP are both limited partnerships. The general partner of both of those limited partnerships is Greenlight Capital, LLC. David Einhorn controls Greenlight Capital, LLC.
Greenlight Capital Offshore, Ltd.'s investment managed is Greenlight Capital, Inc. David Einhorn controls Greenlight Capital, Inc.
Greenlight Reinsurance, Ltd.'s investment manager for the relevant account is DME Advisors, LP, a limited partnership. The general partner of DME Advisors, LP is DME Advisors GP, LLC. David Einhorn controls DME Advisors GP, LLC.
Proxy Voting:
10. Name of the proxy holder:
N/A
11. Number of voting rights proxy holder will cease to hold:
N/A
12. Date on which proxy holder will cease to hold voting rights:
N/A
13. Additional information:
None
14. Contact name:
Claire Stewart, Assistant Company Secretary
15. Contact telephone number:
(01283) 501 858
This information is provided by RNS