McCarthy & Stone PLC Holding(s) in Company (6931K)

TIDMMCS

RNS Number : 6931K

McCarthy & Stone PLC

23 September 2016

 
 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) Limited 
-----------------------------------------------------------  ------------------------------------------ 
 5. Date of the transaction                                                                21 July 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ------------------------------------------ 
 6. Date on which issuer                                                                   22 July 2016 
  notified: 
-----------------------------------------------------------  ------------------------------------------ 
 7. Threshold(s) that is/are                                                                  Above 12% 
  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               25,418,443                  Nominal       Delta 
--------------  --------------  ---------------  ----------------  --------------------------  ------------  --------- 
                                                                                                4.73% 
------------      ------------    -------------      ------------    -------  -------------    ------------  --------- 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                              Percentage of voting rights 
---------------------------------------------------  ----------------------------------------------------------------- 
 66,136,100                                           12.31% 
---------------------------------------------------  ----------------------------------------------------------------- 
 
 
 
 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) Limited 
                               which has 6,764,759 voting rights (1.26%). Anchorage 
                             Capital Master Offshore, Ltd. also directly holds CFDs 
                              totaling 25,418,443 which represent the equivalent of 
                                          approximately 4.73% of the voting rights. 
 
                         The holdings of ACMO S.à r.l., ACMO Finance (Ireland) 
                                Limited 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] 
--------------------------------------------------------------  ------------------- 
 
 

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September 23, 2016 06:53 ET (10:53 GMT)