NewRiver Retail Limited Notification of major interest in shares (9822Y)

TIDMNRR

RNS Number : 9822Y

NewRiver Retail Limited

23 May 2016

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
--------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                         NewRiver Retail Limited 
  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 
  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)                                     Woodford Investment Management 
  subject to the                                                             LLP ("Woodford") 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  -------------------------------- 
 4. Full name of shareholder(s)                                           Clients of Woodford 
  (if different from 3.):(iv) 
-----------------------------------------------------------  -------------------------------- 
 5. Date of the transaction                                                          19/05/16 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  -------------------------------- 
 6. Date on which issuer                                                             20/05/16 
  notified: 
-----------------------------------------------------------  -------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                                      23% 
-----------------------------------------------------------  -------------------------------- 
 
 
 
 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) 
--------------      -------------------    -------------------    ---------------------  ---------------------  ----------  -------------  ----------- 
 
 
  GG00B4Z05859           53,595,369               53,595,369               53,945,369             53,945,369                    23.11% 
                -----------------------  -----------------------  ---------------------  ---------------------  ----------  -------------  ----------- 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------------------------------------ 
 Type of financial   Expiration             Exercise/                                       Number of voting                     % of voting 
  instrument          date                   Conversion                                      rights that                          rights 
                      (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) 
----------------  ---------------------  ---------------------  -----------------------  -----------------------------------  ------------------------ 
                                                                                                                               Nominal        Delta 
----------------  ---------------------  ---------------------  -----------------------  -----------------------------------  -------------  --------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                                             Percentage of voting rights 
------------------------------------------------------------------  ---------------------------------------------------------------------------------- 
 
                                 53,945,369                                                               23.11% 
------------------------------------------------------------------  ---------------------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
----------------------------------------------------------------------------- 
 
                                              Woodford, as Investment Manager 
 
 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:                                              Akpene Akonou 
-------------------------------------------------------------  -------------- 
 15. Contact telephone number:                                   01865 809024 
-------------------------------------------------------------  -------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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May 23, 2016 03:51 ET (07:51 GMT)