McCarthy & Stone PLC Holding(s) in Company (0345D)

TIDMMCS

RNS Number : 0345D

McCarthy & Stone PLC

21 April 2017

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
------------------------------------------------------------------------------------------------------ 
 
 1. Identity of the issuer or                                                     McCarthy & Stone plc 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: 
-------------------------------------------------------------  --------------------------------------- 
 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: 
-----------------------------------------------------------  ----------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):                                                 ACMO S.à r.l. 
 
                                                                  ACMO Finance (Ireland) Designated 
                                                                           Activity Company 
-----------------------------------------------------------  ----------------------------------------- 
 5. Date of the transaction                                                              19 April 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
-----------------------------------------------------------  ----------------------------------------- 
 6. Date on which issuer                                                                 21 April 2017 
  notified: 
-----------------------------------------------------------  ----------------------------------------- 
 7. Threshold(s) that is/are                                                                 Above 23% 
  crossed or 
  reached: 
-----------------------------------------------------------  ----------------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
---------------------------------------------------------------------------------------------------------------------- 
 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 
                Shares             Voting                            rights 
                                   Rights 
------------  -----------------  ----------------  --------------  ------------------------  ------------------------- 
                                                    Direct          Direct     Indirect       Direct        Indirect 
------------      -------------    ------------    --------------  ---------  -------------  ------------  ----------- 
 
               58,482,846         58,482,846        73,963,929                 73,963,929                   13.76% 
------------  -----------------  ----------------  --------------  ---------  -------------  ------------  ----------- 
 
 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                          Period                            may be 
                                                                       acquired if 
                                                                       the 
                                                                       instrument 
                                                                       is 
                                                                       exercised/ 
                                                                       converted. 
----------------  ---------------  --------------------------------  --------------------------  --------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of         Exercise         Expiration      Exercise/         Number of voting            % of voting 
 financial        price           date            Conversion         rights instrument           rights 
 instrument                                       period             refers to 
--------------  ---------------  --------------  ----------------  --------------------------  ----------------------- 
 CFD             N/A              N/A             N/A               51,035,237                  Nominal       Delta 
--------------  ---------------  --------------  ----------------  --------------------------  ------------  --------- 
                                                                                                9.49% 
------------      -------------    ------------      ------------    -------  -------------    ------------  --------- 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                              Percentage of voting rights 
---------------------------------------------------  ----------------------------------------------------------------- 
 109,518,083                                          23.26% 
---------------------------------------------------  ----------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
------------------------------------------------------------------------------------ 
 
                               Anchorage Capital Master Offshore, Ltd. is the parent 
                        undertaking of both ACMO S.à r.l. which hold 33,952,898 
                        shares with voting rights (6.32%) and ACMO Finance (Ireland) 
                            Designated Activity Company which holds 6,764,759 shares 
                           voting rights (1.26%). Anchorage Capital Master Offshore, 
                              Ltd. also directly holds 33,246,272 shares with voting 
                         rights (6.18%) and CFDs totaling 51,035,237 which represent 
                               the equivalent of approximately (9.49%) 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

END

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April 21, 2017 10:22 ET (14:22 GMT)