McCarthy & Stone PLC Holding(s) in Company (7669U)

TIDMMCS

RNS Number : 7669U

McCarthy & Stone PLC

20 January 2017

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                                       McCarthy & Stone 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 
  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)                                            Anchorage Capital Master Offshore, 
  subject to the                                                                                    Ltd. 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv)                                              ACMO S.à r.l. 
 
                                                                   ACMO Finance (Ireland) Designated 
                                                                            Activity Company 
-----------------------------------------------------------  ------------------------------------------- 
 5. Date of the transaction                                                              19 January 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ------------------------------------------- 
 6. Date on which issuer                                                                 20 January 2017 
  notified: 
-----------------------------------------------------------  ------------------------------------------- 
 7. Threshold(s) that is/are                                                                   Above 13% 
  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) 
------------      ------------    -------------    --------------  ---------  -------------  ------------  ----------- 
 
               40,717,657        40,717,657         40,717,657                 40,717,657                   7.58% 
------------  ----------------  -----------------  --------------  ---------  -------------  ------------  ----------- 
 
 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) 
--------------  --------------  ---------------  ----------------  --------------------------  ----------------------- 
 CFD             N/A             N/A              N/A               29,283,320                  Nominal       Delta 
--------------  --------------  ---------------  ----------------  --------------------------  ------------  --------- 
                                                                                                5.45% 
------------      ------------    -------------      ------------    -------  -------------    ------------  --------- 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                              Percentage of voting rights 
---------------------------------------------------  ----------------------------------------------------------------- 
 70,000,977                                           13.03% 
---------------------------------------------------  ----------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------------- 
 
                                Anchorage Capital Master Offshore, Ltd. is the parent 
                          undertaking of both ACMO S.à r.l. which has 33,952,898 
                          voting rights (6.32%) and ACMO Finance (Ireland) Designated 
                          Activity Company which has 6,764,759 voting rights (1.26%). 
                                Anchorage Capital Master Offshore, Ltd. also directly 
                        holds CFDs totaling 29,283,320 which represent the equivalent 
                                         of approximately 5.45% of the voting rights. 
 
                           The holdings of ACMO S.à r.l., ACMO Finance (Ireland) 
                             Designated Activity Company and Anchorage Capital Master 
                               Offshore, Ltd. are managed by Anchorage Capital Group, 
                               L.L.C., which is an SEC- registered Investment Manager 
                                  and therefore falls within the equivalent exception 
                                                                        in DTR 5.1.5. 
 
 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:                                                 David Young 

----------------------------------------------------------------  ------------------- 
 15. Contact telephone number:                                     + [212-432-4600] 
----------------------------------------------------------------  ------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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January 20, 2017 10:44 ET (15:44 GMT)