Dolphin Capital Investors Limited Holding(s) in Company (3706Y)

TIDMDCI

RNS Number : 3706Y

Dolphin Capital Investors Limited

02 March 2017

 
 For filings with the FCA 
  include the annex 
 For filings with issuer exclude 
  the annex 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                     DOLPHIN CAPITAL INVESTORS 
  the underlying issuer                                            LIMITED 
  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                                       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)                                    Progressive Capital Partners 
  subject to the notification                                  Ltd 
  obligation: (iii) 
-----------------------------------------------------------  ------------------------------------- 
 4. Full name of shareholder(s)                               Progressive Opportunities 
  (if different from 3.):(iv)                                  Fund 
-----------------------------------------------------------  ------------------------------------- 
 5. Date of the transaction                                   Trade date: 28.02.2017 
  and date on which the threshold                              Settlement date: 02.03.2017 
  is crossed or reached: (v) 
-----------------------------------------------------------  ------------------------------------- 
 6. Date on which issuer                                      01.03.2017 
  notified: 
-----------------------------------------------------------  ------------------------------------- 
 7. Threshold(s) that is/are                                  Below 5% 
  crossed or reached: (vi, 
  vii) 
-----------------------------------------------------------  ------------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type    Situation previous                   Resulting situation after the 
 of             to the triggering                    triggering transaction 
 shares         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) 
------------      ------------    -------------    --------------  ---------  -------------  ------------  ----------- 
 VGG 
 2803G1028     6'408'066         6'408'066                                     49'787'814                   5.5% 
              ----------------  -----------------  --------------  ---------  -------------  ------------  ----------- 
 
 
 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             Conversion         rights instrument           rights (xix, 
 instrument                      (xvii)           period             refers to                   xx) 
                                                  (xviii) 
--------------  --------------  ---------------  ----------------  --------------------------  ----------------------- 
                                                                                                Nominal       Delta 
--------------  --------------  ---------------  ----------------  --------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                              Percentage of voting rights 
---------------------------------------------------  ----------------------------------------------------------------- 
 49'787'814                                           5.5% 
---------------------------------------------------  ----------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
---------------------------------------------------------------------------------------- 
 
   Progressive Capital Partners Ltd, investment manager 
   of: 
 
   Fund No. of voting rights / shares 
   Qualitium Fund of Hedge Funds 38'379'748 
   Progressive Opportunities Fund 11'408'066 
 
 Proxy Voting: 
---------------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                            N/A 
-------------------------------------------------------  ------------------------------- 
 11. Number of voting rights proxy                        N/A 
  holder will cease 
  to hold: 
-------------------------------------------------------  ------------------------------- 
 12. Date on which proxy holder will                      N/A 
  cease to hold 
  voting rights: 
-------------------------------------------------------  ------------------------------- 
 
 
  13. Additional information:                              N/A 
-------------------------------------------------------  ------------------------------- 
 14. Contact name:                                        Daniel von Allmen, Progressive 
                                                           Capital Partners 
-------------------------------------------------------  ------------------------------- 
 15. Contact telephone number:                            [phone] 
-------------------------------------------------------  ------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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March 02, 2017 07:20 ET (12:20 GMT)