McColl's Retail Group plc Holding(s) in Company (6643A)

TIDMMCLS

RNS Number : 6643A

McColl's Retail Group plc

27 March 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (i) 
 
 
 1. Identity of the issuer      McColl's Retail Group 
  or the underlying issuer               plc 
  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 similar economic effect to qualifying 
  financial instruments 
----------------------------------------------- 
 An event changing the breakdown of voting 
  rights 
----------------------------------------------- 
 Other (please    Transfer of trusteeship where   X 
  specify):        shares are held on trust 
--------------  ------------------------------- 
 
 
 
 3. Full name of person(s)           James Lancaster 
  subject to the notification 
  obligation: (iii) 
----------------------------------  ------------------------------ 
 4. Full name of shareholder(s)      1)James Lancaster (8,149,500 
  (if different from 3.):             shares) 
  (iv)                                2)James Lancaster, 
                                      Margaret Lancaster 
                                      and Simon Jonathan 
                                      Miller as Trustees 
                                      of the James Lancaster 
                                      Family Settlement (3,250,000 
                                      shares) 
----------------------------------  ------------------------------ 
 5. Date of the transaction          22 March 2017 
  and date on which the threshold 
  is crossed or reached: (v) 
----------------------------------  ------------------------------ 
 6. Date on which issuer             22 March 2017 
  notified: 
----------------------------------  ------------------------------ 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                 9% 
----------------------------------  ------------------------------ 
 
 
 8. Notified details: 
-------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
-------------------------------------------------------------------------------------------------- 
 Class/type       Situation                 Resulting situation after 
  of               previous                  the triggering transaction 
  shares           to the triggering 
                   transaction 
  if possible 
  using 
  the ISIN 
  CODE 
---------------  ------------------------  ------------------------------------------------------- 
                  Number       Number       Number       Number of               % of voting 
                   of           of           of           voting                  rights (x) 
                   Shares       Voting       shares       rights 
                                Rights 
---------------  -----------  -----------  -----------  ----------------------  ------------------ 
                                            Direct       Direct       Indirect   Direct   Indirect 
                                                          (xi)         (xii) 
---------------  -----------  -----------  -----------  -----------  ---------  -------  --------- 
 ISIN: 
  GB00BJ3VW957    11,399,500   11,399,500   11,399,500   11,399,500   0          9.89%    0 
---------------  -----------  -----------  -----------  -----------  ---------  -------  --------- 
 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------- 
 Type of financial   Expiration   Exercise/     Number of      % of voting 
  instrument          date         Conversion    voting         rights 
                      (xiii)       Period        rights that 
                                   (xiv)         may be 
                                                 acquired 
                                                 if the 
                                                 instrument 
                                                 is 
                                                 exercised/ 
                                                 converted. 
------------------  -----------  ------------  -------------  ------------ 
  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     % of voting 
  financial     price      date         Conversion    voting        rights (xix, 
  instrument               (xvii)       period        rights        xx) 
                                        (xviii)       instrument 
                                                      refers 
                                                      to 
------------  ---------  -----------  ------------  ------------  ---------------- 
                                                                   Nominal   Delta 
------------  ---------  -----------  ------------  ------------  --------  ------ 
 N/A 
------------  ---------  -----------  ------------  ------------  --------  ------ 
 
 
 Total (A+B+C) 
----------------------------------------------- 
 Number of voting rights   Percentage of voting 
                            rights 
------------------------  --------------------- 
  11,399,500                9.89% 
------------------------  --------------------- 
 
 
 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      N/A 
  proxy holder will cease 
  to hold: 
------------------------------  ----- 
 12. Date on which proxy          N/A 
  holder will cease to hold 
  voting rights: 
------------------------------  ----- 
 
 
 13. Additional information:    Simon Jonathan Miller has 
                                 retired as Trustee of the 
                                 James Lancaster Family Settlement 
                                 (the "Trust") and Michael 
                                 James Lancaster has been appointed 
                                 in his place. 
 
                                 The Trust's shares in McColl's 
                                 Retail Group plc (the "Company") 
                                 have been transferred accordingly. 
                                 James Lancaster and Margaret 
                                 Lancaster both remain trustees 
                                 of the Trust. 
 
                                 James Lancaster's combined 
                                 holdings in the Company in 
                                 both his personal name and 
                                 as co-trustee of the Trust 
                                 exceeded 9% of the Company's 
                                 total issued share capital 
                                 prior to the transfer. This 
                                 remains unaffected by the 
                                 change of his co-trustee. 
-----------------------------  ------------------------------------ 
 14. Contact name:               Michael Armstrong, Forsters 
                                  LLP 
-----------------------------  ------------------------------------ 
 15. Contact telephone 
  number:                        0207 863 8596 
-----------------------------  ------------------------------------ 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 27, 2017 12:06 ET (16:06 GMT)