Quintain Estates & Development PLC Holding(s) in Company (1298C)

TIDMQED

RNS Number : 1298C

Quintain Estates & Development PLC

13 October 2015

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying        Quintain Estates & Development 
  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                                      No 
-----------------------------------------------------------------------------  ------- 
 An acquisition or disposal of qualifying financial instruments                   No 
  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                 Yes 
  effect to qualifying financial instruments 
-----------------------------------------------------------------------------  ------- 
 An event changing the breakdown of voting rights                                 No 
-----------------------------------------------------------------------------  ------- 
 Other (please                                                                    No 
  specify): 
------------------  ---------------------------------------------------------  ------- 
 3. Full name of person(s) subject           Elliott Capital Partners, L.P (for 
  to the                                      itself and related general partners 
  notification obligation: (iii)              and investment managers) 
------------------------------------------  ------------------------------------------ 
 4. Full name of shareholder(s)              Elliott International, L.P, Liverpool 
  (if different from 3.):(iv)                 Ltd Partnership, Elliott Associates 
                                              L.P 
------------------------------------------  ------------------------------------------ 
 5. Date of the transaction and date         9 October 2015 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
------------------------------------------  ------------------------------------------ 
 6. Date on which issuer notified:           12 October 2015 
------------------------------------------  ------------------------------------------ 
 7. Threshold(s) that is/are crossed         14%, 13%, 12%, 11% and 10% 
  or 
  reached: (vi, vii) 
------------------------------------------  ------------------------------------------ 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------------ 
 Class/type     Situation previous                    Resulting situation after the triggering 
  of             to the triggering                     transaction 
  shares         transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
-------------  ------------------------------------  ------------------------------------------------------------------- 
                Number             Number             Number       Number of voting          % of voting rights 
                 of                 of                 of shares    rights                    (x) 
                 Shares             Voting 
                                    Rights 
-------------  -----------------  -----------------  -----------  ------------------------  ---------------------------- 
                                                                   Direct         Indirect   Direct        Indirect 
                                                                    (xi)           (xii) 
-------------  ---  -----  -----      ------  -----  -----------  -------------  ---------  ------------  -------------- 
 GB0007184442 
               -----------------  -----------------  -----------  -------------  ---------  ------------  -------------- 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------ 
 Type of financial          Expiration         Exercise/                   Number of voting           % of voting 
  instrument                 date (xiii)        Conversion Period           rights that may            rights 
                                                (xiv)                       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 financial   Exercise          Expiration     Exercise/    Number of voting            % of voting rights 
  instrument          price             date (xvii)   Conversion    rights instrument           (xix, xx) 
                                                      period        refers to 
                                                      (xviii) 
------------------  ----------------  -------------  -----------  --------------------------  -------------------------- 
 CFD over Ordinary                                                                             Nominal       Delta 
 Shares 
 GB0007184442 
------------------  ----------------  -------------  -----------  ------                      ------------  ------------ 
                                                                   42,900,000                  8.15% 
-------------  ---  -----  -----      ------  -----  -----------  --------------------------  ------------  ------------ 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                                           Percentage of voting rights 
----------------------------------------------------------------  ------------------------------------------------------ 
 42,900,000                                                        8.15% 
----------------------------------------------------------------  ------------------------------------------------------ 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
-------------------------------------------------------------------------------- 
 
 
 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:                         Michael Cross 
----------------------------------------  -------------------------------------- 
 15. Contact telephone number:             020 3009 1305 
----------------------------------------  -------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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October 13, 2015 11:30 ET (15:30 GMT)