ITV PLC Holding(s) in Company (1755F)

TIDMITV

RNS Number : 1755F

ITV PLC

15 May 2017

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------------------------ 
 
 1. Identity of the issuer or                                                            ITV 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                               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 
  similar economic effect to qualifying financial 
  instruments 
------------------------------------------------------------------  ---------------------------- 
 An event changing the breakdown of voting rights 
------------------------------------------------------------------  ---------------------------- 
 Other (please specify): 
---------------------------------------------------------  -------  ---------------------------- 
 3. Full name of person(s)                                           LIBERTY GLOBAL INCORPORATED 
  subject to the                                                                         LIMITED 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ----------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ----------------------------------- 
 5. Date of the transaction                                                      15(th) May 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ----------------------------------- 
 6. Date on which issuer                                                         15(th) May 2017 
  notified: 
-----------------------------------------------------------  ----------------------------------- 
 7. Threshold(s) that is/are                                                                 N/A 
  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 voting          % of voting 
                 of                of                of shares        rights                    rights (x) 
                 Shares            Voting 
                                   Rights 
-------------  ----------------  ----------------  ---------------  ------------------------  -------------------- 
                                                    Direct           Direct       Indirect     Direct     Indirect 
                                                                      (xi)        (xii) 
-------------      ------------    ------------    ---------------  -----------  -----------  ---------  --------- 
 Ordinary 
 shares of 
 10 pence 
 each 
 
 ISIN: 
 GB0033986497     398,515,510       398,515,510 
-------------  ----------------  ----------------  ---------------  -----------  -----------  ---------  ---------  ----------- 
 
 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. 
-----------------  --------------  -----------------------------  --------------------------  -------------------- 
 RIGHT TO RECALL 
  LOANED SHARES 
  (subject to 
  certain costs)    N/A             N/A                            398,515,510                 9.9% 
-----------------  --------------  -----------------------------  --------------------------  -------------------- 
 
 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              rights (xix, 
 instrument                       (xvii)          period         instrument          xx) 
                                                  (xviii)        refers to 
---------------  --------------  --------------  -------------  -----------------  ------------------------------- 
                                                                                    Nominal      Delta 
---------------  --------------  --------------  -------------  -----------------  -----------  ------------------ 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                                         Percentage of voting rights 
--------------------------------------------------------------  -------------------------------------------------- 
 398,515,510                                                      9.9% 
--------------------------------------------------------------  -------------------------------------------------- 
 
 
 
 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: 
-------------------------------------------------------  ------------------------------------ 
 
                                                                   This notification is being 
  13. Additional information:                                   made solely because, pursuant 
                                                                to a pre-existing loan linked 
                                                                    to a hedging transaction, 
                                                                 Liberty Global Incorporation 
                                                           Limited has loaned out 398,515,510 
                                                                  ordinary shares, but at the 
                                                                    same time it has acquired 
                                                               an interest in an equal number 
                                                                     of ordinary shares under 
                                                                 that transaction as a result 
                                                              of the right to recall (subject 
                                                                    to certain costs) granted 
                                                              to it in respect of 398,515,510 
                                                                             ordinary shares. 
 

                                                               Notification made by reference 
                                                                   to the total voting rights 
                                                           figure of 4,025,409,194 (announced 
                                                               on 11 May 2017 in the issuer's 
                                                                              AGM statement). 
-------------------------------------------------------  ------------------------------------ 
 14. Contact name:                                                               Jeremy Evans 
-------------------------------------------------------  ------------------------------------ 
 15. Contact telephone number:                                                  020 8483 6300 
-------------------------------------------------------  ------------------------------------ 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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May 15, 2017 11:00 ET (15:00 GMT)