Hornby PLC TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (9775D)

TIDMHRN

RNS Number : 9775D

Hornby PLC

12 July 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                                         Hornby 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                                   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)                                     Phoenix Asset Management Partners 
  subject to the                                                                         Limited 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ----------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ----------------------------------- 
 5. Date of the transaction                                                          8 July 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ----------------------------------- 
 6. Date on which issuer                                                            11 July 2016 
  notified: 
-----------------------------------------------------------  ----------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                                         34% 
-----------------------------------------------------------  ----------------------------------- 
 
 
 
 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 voting             % of voting 
                 of               of               of shares      rights                       rights (x) 
                 Shares           Voting 
                                  Rights 
-------------  ---------------  ---------------  -------------  ---------------------------  ------------------------- 
                                                  Direct         Direct         Indirect      Direct        Indirect 
                                                                  (xi)           (xii) 
-------------      -----------    -----------    -------------  -------------  ------------  ------------  ----------- 
 GB00B01CZ652   16,257,323       16,257,323       29,022,877     29,022,877                   34.31% 
               ---------------  ---------------  -------------  -------------  ------------  ------------  ----------- 
 
 
 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. 
-----------------  -------------  ------------------------------  -----------------------------  --------------------- 
 N/A                N/A            N/A                             N/A                            N/A 
-----------------  -------------  ------------------------------  -----------------------------  --------------------- 
 
 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) 
---------------  -------------  -------------  ---------------  -----------------------------  ----------------------- 
 N/A              N/A            N/A            N/A                                             Nominal       Delta 
---------------  -------------  -------------  ---------------                                 ------------  --------- 
                                                                 N/A                            N/A           N/A 
-------------      -----------    -----------      -----------  -----------------------------  ------------  --------- 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                            Percentage of voting rights 
-------------------------------------------------  ------------------------------------------------------------------- 
 29,022,877                                         34.31% 
-------------------------------------------------  ------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
---------------------------------------------------------------------------------------- 
 
   Phoenix Asset Management Partners Limited serves as 
   investment manager and/or investment adviser to various 
   sub-accounts. The voting rights/shares in the issuer 
   are held across seven sub-accounts: The Phoenix UK Fund 
   (10,519,318) and six segregated accounts (CN3Q (4,692,370) 
   ,BGU02 (2,530,206), 74205 (3,212,497), ACE (680,057), 
   INYK (3,388,429) and ARR (4000,000). 
 
 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: 
--------------------------------------------------------  ------------------------------ 
 
                                                                PAMP participated in the 
  13. Additional information:                                private placement of Hornby 
                                                            shares and hence our holding 
                                                                has increased from 29.6% 
                                                                              to 34.31%. 
--------------------------------------------------------  ------------------------------ 
 14. Contact name:                                         Carl Lunderstedt, 
                                                            Phoenix Asset Management 
                                                            Partners Limited 
--------------------------------------------------------  ------------------------------ 
 15. Contact telephone number:                                             0208 600 0100 
--------------------------------------------------------  ------------------------------ 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLBSGDRLGBBGLD

(END) Dow Jones Newswires

July 12, 2016 10:08 ET (14:08 GMT)