Enterprise Inns PLC Holding(s) in Company (7436Q)

TIDMETI

RNS Number : 7436Q

Enterprise Inns PLC

01 December 2016

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
----------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                               Enterprise Inns plc 
  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                           X 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
------------------------------------------------------------  --------------------------------- 
 An acquisition or disposal of instruments with                               X 
  similar economic effect to qualifying financial 
  instruments 
------------------------------------------------------------  --------------------------------- 
 An event changing the breakdown of voting rights 
------------------------------------------------------------  --------------------------------- 
 Other (please 
  specify): 
----------------------------------------------------------    --------------------------------- 
 3. Full name of person(s)                                           Maverick Capital, Ltd., as 
  subject to the                                                                              a 
  notification obligation:                                      discretionary manager of client 
  (iii)                                                                                accounts 
-----------------------------------------------------------  ---------------------------------- 
 4. Full name of shareholder(s)                                                             N/A 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ---------------------------------- 
 5. Date of the transaction                                                    29 November 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ---------------------------------- 
 6. Date on which issuer                                                        1 December 2016 
  notified: 
-----------------------------------------------------------  ---------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                                         6% 
-----------------------------------------------------------  ---------------------------------- 
 
 
 
 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) 
-------------      ------------    -------------    --------------  ---------  ------------  ------------  ----------- 
 
 GB00B1L8B624   494,855           494,855            0               0          494,855       0             0.10% 
               ----------------  -----------------  --------------  ---------  ------------  ------------  ----------- 
 
 
 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. 
-----------------  --------------  ---------------------------------  -------------------------  --------------------- 
 Convertible        1 September 
  bond               2020           N/A                                14,866,774                 3.03% 
-----------------  --------------  ---------------------------------  -------------------------  --------------------- 
 
 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) 
---------------  --------------  ---------------  ----------------  -------------------------  ----------------------- 
 Total Return     Multiple        Various,         N/A                                          Nominal       Delta 
  Swap                            between 
  (no voting                      10 July 
  rights)                         2017 
                                  and 
                                  21 December 
                                  2021 
---------------  --------------  ---------------  ----------------                             ------------  --------- 
                                                                     14,039,034                 2.86%         2.86% 
-------------      ------------    -------------      ------------  -------------------------  ------------  --------- 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                               Percentage of voting rights 
----------------------------------------------------  ---------------------------------------------------------------- 
 29,400,663                                            5.99% 
----------------------------------------------------  ---------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
---------------------------------------------------------------------------- 
 
                                                                         N/A 
 
 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: 
-------------------------------------------------------  ------------------- 
 14. Contact name:                                        John T. McCafferty 
-------------------------------------------------------  ------------------- 
 15. Contact telephone number:                                1-214-880-4040 
-------------------------------------------------------  ------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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December 01, 2016 10:40 ET (15:40 GMT)