Reach4Entertainment Enterprises PLC Holding(s) in Company (2874F)

TIDMR4E

RNS Number : 2874F

Reach4Entertainment Enterprises PLC

26 July 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN 
-------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                      reach4entertainment enterprises 
  the underlying issuer                                                                        plc 
  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                                      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)                                                       Gate Ventures plc 
  subject to the 
  notification obligation: 
-----------------------------------------------------------  ------------------------------------- 
 4. Full name of shareholder(s)                                                   Jim Nominees Ltd 
  (if different from 3.): 
-----------------------------------------------------------  ------------------------------------- 
 5. Date of the transaction                                                           25 July 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
-----------------------------------------------------------  ------------------------------------- 
 6. Date on which issuer                                                              25 July 2016 
  notified: 
-----------------------------------------------------------  ------------------------------------- 
 7. Threshold(s) that is/are                                                             Above 19% 
  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 
-------------      -----------    -----------    -------------  -------------  ------------  ------------  ----------- 
 GB00B1HLCW86   86,350,000       18.01%           91,150,000     91,150,000     0             19.01%        0% 
               ---------------  ---------------  -------------  -------------  ------------  ------------  ----------- 
 
 
 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. 
-----------------  -------------  ------------------------------  -----------------------------  --------------------- 
 None 
-----------------  -------------  ------------------------------  -----------------------------  --------------------- 
 
 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 
---------------  -------------  -------------  ---------------  -----------------------------  ----------------------- 
 None                                                                                           Nominal       Delta 
---------------  -------------  -------------  ---------------  -----------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                            Percentage of voting rights 
-------------------------------------------------  ------------------------------------------------------------------- 
 91,150,000                                         19.01% 
-------------------------------------------------  ------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
---------------------------------------------------------------------------- 
 
 
 Proxy Voting: 
---------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                           N/A 
-------------------------------------------------------  ------------------- 
 11. Number of voting rights proxy                                       N/A 
  holder will cease 
  to hold: 
-------------------------------------------------------  ------------------- 
 12. Date on which proxy holder will                                     N/A 
  cease to hold 
  voting rights: 
-------------------------------------------------------  ------------------- 
 
 
  13. Additional information: 
-------------------------------------------------------  ------------------- 
 14. Contact name:                                        Richard Carter CFO 
-------------------------------------------------------  ------------------- 
 15. Contact telephone number:                                 07860 527 941 
-------------------------------------------------------  ------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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July 26, 2016 09:06 ET (13:06 GMT)