Sherborne Investors (Guernsey)B Ltd Notification of Major Interest in Shares (0203X)

TIDMSIGB

RNS Number : 0203X

Sherborne Investors (Guernsey)B Ltd

16 February 2017

 
 TR-1: Notification of Major Interest in Shares 
--------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                 Sherborne Investors (Guernsey) 
  the underlying issuer                                                  B Limited 
  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)                                    SFM UK Management LLP, SFM 
  subject to the                                               UK Holdings Limited, Soros 
  notification obligation:                                     Fund Management LLC 
  (iii) 
-----------------------------------------------------------  -------------------------------- 
 4. Full name of shareholder(s)                               Morgan Stanley & Co., LLC 
  (if different from 3.):(iv) 
-----------------------------------------------------------  -------------------------------- 
 5. Date of the transaction                                   10(th) February 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  -------------------------------- 
 6. Date on which issuer                                      15(th) February 2017 
  notified: 
-----------------------------------------------------------  -------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                          5% 
-----------------------------------------------------------  -------------------------------- 
 
 
 
 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) 
---------------  -----------  ------------  ------------  -------  ------------  --------  --------- 
 
 
 
   GG00B883XC99                                                     15,864,736    0         5.04% 
                                                                   ------------  --------  --------- 
                  0            0             0             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       (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 
------------------------------------------  -------------------------------------------------------- 
                                             5.04% 
   15,864,736 
------------------------------------------  -------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
----------------------------------------------------------------------------------------- 
 
   Soros Fund Management LLC is a parent undertaking of 
   SFM UK Holdings Limited which is a 
   parent undertaking of SFM UK Management LLP. 
 
 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: 
-------------------------------------------------------------  -------------------------- 
 
                                                                N/A 
  13. Additional information: 
-------------------------------------------------------------  -------------------------- 
 14. Contact name:                                              Grace Shin/ Jade Cornell 
-------------------------------------------------------------  -------------------------- 
                                                                [phone]/ 020 7758 
 15. Contact telephone number:                                  4826 
-------------------------------------------------------------  -------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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February 16, 2017 02:00 ET (07:00 GMT)