ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

EIG Ei Group Plc

284.60
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ei Group Plc LSE:EIG London Ordinary Share GB00B1L8B624 ORD 2.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 284.60 284.60 284.80 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Ei Group plc Holding(s) in Company (0973G)

24/05/2017 10:57am

UK Regulatory


TIDMEIG

RNS Number : 0973G

Ei Group plc

24 May 2017

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
-------------------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                                                      EI Group plc 
  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                           X 
  effect to qualifying financial instruments 
-----------------------------------------------------------------------  ------------------------------------- 
 An event changing the breakdown of voting rights 
-----------------------------------------------------------------------  ------------------------------------- 
 Other (please 
  specify): 
------------------------------------------------------------------  ---  ------------------------------------- 
 3. Full name of person(s) subject                                            Glenview Capital Management, LLC 
  to the 
  notification obligation: (iii) 
-------------------------------------------------------------------  ----------------------------------------- 
 4. Full name of shareholder(s)                                                         Goldman Sachs Bank USA 
  (if different from 3.):(iv)                                                      Goldman Sachs International 
                                                                           Morgan Stanley Capital Services LLC 
-------------------------------------------------------------------  ----------------------------------------- 
 5. Date of the transaction and date                                                               19 May 2017 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
-------------------------------------------------------------------  ----------------------------------------- 
 6. Date on which issuer notified:                                                                 23 May 2017 
-------------------------------------------------------------------  ----------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                                                                       11% 
-------------------------------------------------------------------  ----------------------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------ 
 Class/type    Situation previous                      Resulting situation after the triggering 
 of             to the triggering                       transaction 
 shares         transaction 
 
 if possible 
 using 
 the ISIN 
 CODE 
------------  --------------------------------------  ------------------------------------------------------------ 
               Number                  Number          Number         Number of voting        % of voting rights 
               of                      of              of shares       rights                  (x) 
               Shares                  Voting 
                                       Rights 
------------  ----------------------  --------------  -------------  ----------------------  --------------------- 
                                                       Direct         Direct      Indirect    Direct      Indirect 
                                                                      (xi)         (xii) 
------------    ----------  --------   -------------  -------------  ----------  ----------  ----------  --------- 
 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------ 
 Type of         Expiration             Exercise/                       Number of voting       % of voting 
 financial        date (xiii)            Conversion Period              rights that may         rights 
 instrument                              (xiv)                          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) 
-------------  -----------  ------------------------  --------------  ----------------------  -------------------- 
 Total Return                05/06/2017;                               51,698,289              Nominal    Delta 
  Swap                        04/10/2017; 
                              10/01/2018; 
                              21/02/2018; 
                              07/03/2018; 
                              14/03/2018; 
                              20/03/2018; 
                              05/04/2018; 
                              06/04/2018; 
                              05/06/2018; 
                              06/06/2018; 
                              05/07/2018; 
                              06/07/2018; 
                              23/07/2018; 
                              03/08/2018; 
                              05/10/2018; 
                              05/12/2018; 
                              07/12/2018; 
                              19/12/2018; 
                              21/12/2018; 
                              24/12/2018; 
                              02/01/2019; 
                              03/01/2019; 
                              07/01/2019; 
                              16/01/2019; 
                              07/05/2019 
-------------  -----------  ------------------------  --------------  ----------------------  ---------  --------- 
 
 
 
                                                                                                 10.72% 
             -------------------------------------------------------------------------------  ---------  --------- 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                                Percentage of voting rights 
-----------------------------------------------------  ----------------------------------------------------------- 
 51,698,289                                             10.72% 
-----------------------------------------------------  ----------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights 
  and/or the 
  financial instruments are effectively held, if applicable: (xxi) 
------------------------------------------------------------------------------------------------ 
 
                        Larry Robbins, the CEO of Glenview Capital Management, LLC ("Glenview"), 
                                                         is the ultimate controller of Glenview. 
 
 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:                                                             Jonathan Danziger 
----------------------------------------------------------------------------  ------------------ 
 15. Contact telephone number:                                                  + 1 212 323 6567 
----------------------------------------------------------------------------  ------------------ 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLSEDSULFWSEFI

(END) Dow Jones Newswires

May 24, 2017 05:57 ET (09:57 GMT)

1 Year Ei Chart

1 Year Ei Chart

1 Month Ei Chart

1 Month Ei Chart

Your Recent History

Delayed Upgrade Clock