Motorpoint Group plc Holding(s) in Company (1003E)

TIDMMOTR TIDMBAC

RNS Number : 1003E

Motorpoint Group plc

03 May 2017

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
---------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                   MOTORPOINT GROUP PLC 
  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                             X 
  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)                                    Bank of America Corporation 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  --------------------------------- 
 4. Full name of shareholder(s)                               Merrill Lynch International 
  (if different from 3.):(iv) 
-----------------------------------------------------------  --------------------------------- 
 5. Date of the transaction                                   28(th) April 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  --------------------------------- 
 6. Date on which issuer                                      3(rd) May 2017 
  notified 
-----------------------------------------------------------  --------------------------------- 
 7. Threshold(s) that is/are                                  Below 6% 
  crossed or 
  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) 
-------------      -----------    ------------  -------------  --------------  ------------  ---------  -------------- 
 GB00BD0SFR60   6,016,629        6.005%          0              0               5,959,241     0          5.948% 
-------------  ---------------  --------------  -------------  --------------  ------------  ---------  -------------- 
 
 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. 
-----------------  -------------  -----------------------------  ----------------------------  ----------------------- 
 Right to Recall 
  Securities        N/A            N/A                            1,104                         0.001% 
-----------------  -------------  -----------------------------  ----------------------------  ----------------------- 
 
 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 rights 
 financial         price         date (xvii)     Conversion      of voting         (xix, xx) 
 instrument                                      period          rights 
                                                 (xviii)         instrument 
                                                                 refers 
                                                                 to 
---------------  -------------  --------------  -------------  ----------------  ------------------------------------- 
                                                                                  Nominal                  Delta 
---------------  -------------  --------------  -------------  ----------------  -----------------------  ------------ 
 N/A              N/A            N/A             N/A            N/A               N/A                      N/A 
---------------  -------------  --------------  -------------  ----------------  -----------------------  ------------ 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                           Percentage of voting rights 
------------------------------------------------  -------------------------------------------------------------------- 
 5,960,345                                         5.949% 
------------------------------------------------  -------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
----------------------------------------------------------------------------- 
 Merrill Lynch International - Above trading book exemption 
  threshold 
                                  Voting Rights   % 
   MERRILL LYNCH INTERNATIONAL    5,960,345       5.949% 
 
                          Total    5,960,345      5.949% 
 
 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:                                              Harshini Gopa 
-------------------------------------------------------------  -------------- 
 15. Contact telephone number:                                  0207 996 3410 
-------------------------------------------------------------  -------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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May 03, 2017 11:20 ET (15:20 GMT)