Virgin Money Holdings (UK) PLC Holding(s) in Company (9519P)

TIDMVM.

RNS Number : 9519P

Virgin Money Holdings (UK) PLC

23 November 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                          Virgin Money Holdings (UK) 
  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                                      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)                                                          WLR IV VM LLC 
  subject to the                                                                 WLR IV VM II LLC 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ------------------------------------ 
 4. Full name of shareholder(s)                                                     WLR IV VM LLC 
  (if different from 3.):(iv)                                                    WLR IV VM II LLC 
-----------------------------------------------------------  ------------------------------------ 
 5. Date of the transaction                                                      21 November 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ------------------------------------ 
 6. Date on which issuer                                                         22 November 2016 
  notified: 
-----------------------------------------------------------  ------------------------------------ 
 7. Threshold(s) that is/are                                         The new holding is less than 
  crossed or                                                                                   3% 
  reached: (vi, vii) 
-----------------------------------------------------------  ------------------------------------ 
 
 
 
 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) 
-------------  ------------  -------------  ------------  -------  ------------  --------  --------- 
                14,602,874    14,602,874     0             0                      0 
 
 
 
 Ordinary 
  shares held 
  by WLR IV 
  VM LLC        38,993,346     38,993,346     0             0                      0 
               ------------  -------------  ------------  -------  ------------  -------- 
 Ordinary 
  shares held 
  by WLR IV 
  VM II LLC                                                         N/A                     N/A 
-------------  ------------  -------------  ------------  -------  ------------  --------  --------- 
 
 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. 
-------------  ------------  ---------------------------  ---------------------  ------------------- 
 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 voting       % of voting 
  financial      price        date           Conversion     rights instrument      rights (xix, 
  instrument                  (xvii)         period         refers to              xx) 
                                             (xviii) 
-------------  ------------  -------------  ------------  ---------------------  ------------------- 
 N/A                                                                              Nominal   Delta 
-------------  ------------  -------------  ------------  ---------------------  --------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------- 
 Number of voting rights                     Percentage of voting rights 
------------------------------------------  -------------------------------------------------------- 
 Below 3%                                    Below 3% 
------------------------------------------  -------------------------------------------------------- 
 
 
 
 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: 
-------------------------------------------------------  ----------------------------------- 
 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:                                                            N/A 
-------------------------------------------------------  ----------------------------------- 
 14. Contact name:                                             Adam Key, Investor Relations/ 
                                                           Katie Marshall, Company Secretary 
-------------------------------------------------------  ----------------------------------- 
                                                                              020 7111 1311/ 
 15. Contact telephone number:                                                 0191 279 6482 
-------------------------------------------------------  ----------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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November 23, 2016 07:00 ET (12:00 GMT)