Bagir Group Ltd Holding(s) in Company (1452P)

TIDMBAGR

RNS Number : 1452P

Bagir Group Ltd

14 November 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                     Bagir Group Limited 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
---------------------------------------------------------------  ------------------------------ 
 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):                                    Allocation in accordance          x 
                                                            with repayment agreement 
---------------------------------------------------------  -------------------------------- 
 3. Full name of person(s)                                    Bank Leumi Le Israel B.M. 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ---------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ---------------------------------- 
 5. Date of the transaction                                   25/10/2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ---------------------------------- 
 6. Date on which issuer                                      14/11/2016 
  notified: 
-----------------------------------------------------------  ---------------------------------- 
 7. Threshold(s) that is/are                                  3%, 4% & 5% 
  crossed or 
  reached: (vi, vii) 
-----------------------------------------------------------  ---------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation                           Resulting situation after the 
  of             previous                            triggering transaction 
  shares         to the triggering 
                 transaction 
  if possible 
  using 
  the ISIN 
  CODE 
-------------  ----------------------------------  ------------------------------------------------------------------- 
                Number             Number           Number         Number of                  % of voting 
                of                  of               of shares      voting                     rights (x) 
                Shares              Voting                          rights 
                                    Rights 
-------------  -----------------  ---------------  -------------  -------------------------  ------------------------- 
                                                    Direct         Direct         Indirect    Direct        Indirect 
                                                                    (xi)           (xii) 
-------------      -------------    -------------  -------------  -------------  ----------  ------------  ----------- 
 Regular 
  shares        375,000            375,000          12,705,748     12,705,748                 5.00% 
               -----------------  ---------------  -------------  -------------  ----------  ------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration       Exercise/                       Number of voting             % of voting 
 financial           date             Conversion                      rights that                  rights 
 instrument          (xiii)           Period (xiv)                    may be 
                                                                      acquired if 
                                                                      the 
                                                                      instrument 
                                                                      is 
                                                                      exercised/ 
                                                                      converted. 
-----------------  ---------------  ------------------------------  ---------------------------  --------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise         Expiration       Exercise/      Number of voting             % of voting 
 financial         price           date (xvii)       Conversion     rights instrument            rights (xix, 
 instrument                                          period         refers to                    xx) 
                                                     (xviii) 
---------------  ---------------  ---------------  -------------  ---------------------------  ----------------------- 
                                                                                                Nominal       Delta 
---------------  ---------------  ---------------  -------------  ---------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                           Percentage of voting rights 
----------------------------------------------------------------  ---------------------------------------------------- 
 12,705,748                                                        5.00% 
----------------------------------------------------------------  ---------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
-------------------------------------------------------------------------------------------------------- 
 
 
 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:                                              Maayan Beck [e-mail] 
                                                                Dorin Zvulun [e-mail] 
-------------------------------------------------------------  ----------------------------------------- 
 15. Contact telephone number:                                  03-5141202 
                                                                 076-8859698 
-------------------------------------------------------------  ----------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLBRBDBGBBBGLS

(END) Dow Jones Newswires

November 14, 2016 12:12 ET (17:12 GMT)