ENK PLC Holding(s) in Company (9827L)

TIDMENK

RNS Number : 9827L

ENK PLC

11 September 2012

 
 
 
 
             TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
             -------------------------------------------------- 
------------------------------------------------------------------------------------------------ 
 
     1. Identity of the issuer or the underlying              ENK plc 
      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 
--------------------------------------------------------------------------------------  -------- 
     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) subject               DMCI Holdings, Inc. 
      to the 
      notification obligation: (iii) 
----------------------------------------------  ------------------------------------------------ 
     4. Full name of shareholder(s)                  As above 
      (if different from 3.):(iv) 
----------------------------------------------  ------------------------------------------------ 
     5. Date of the transaction and date             5 September 2012 
      on 
      which the threshold is crossed 
      or 
      reached: (v) 
----------------------------------------------  ------------------------------------------------ 
     6. Date on which issuer notified:               10 September 2012 
----------------------------------------------  ------------------------------------------------ 
     7. Threshold(s) that is/are crossed             15,16,17% (see section 13 for further 
      or                                              information) 
      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           Direct             Indirect       Direct                 Indirect 
                                                                                   (xi)               (xii) 
------------------  -----  -----------  ---------  ------   ---------------  -----------------  -------------  ---------------------  --------------- 
 
     Ordinary 
     Shares 
 
 
     GB00B3XPFJ68 
                                        ---------           ---------------  ------             -------------  -----                  --------------- 
                         37,164,756          37,164,756          46,339,756       46,339,756                        17.7 
------------------  ------------------  ------------------  ---------------  -----------------  -------------  ---------------------      ----------- 
 
     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             Exercise            Expiration         Exercise/         Number of voting                         % of voting rights 
      financial           price               date (xvii)        Conversion        rights instrument                        (xix, xx) 
      instrument                                                 period            refers to 
                                                                 (xviii) 
------------------  ------------------  -----------------  ----------------  ---------------------------------------  ------------------------------- 
                                                                                                                           Nominal             Delta 
------------------  ------------------  -----------------  ----------------  ---------------------------------------  ------------------  ----------- 
 
 
 
 
     Total (A+B+C) 
-------------------------------------------------------------- 
     Number of voting rights       Percentage of voting rights 
----------------------------  -------------------------------- 
     46,339,756                    17.7 
----------------------------  -------------------------------- 
 
 
     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 holder will 
      cease 
      to hold: 
---------------------------------------------------------  -------------------------------- 
     12. Date on which proxy holder will cease to 
      hold 
      voting rights: 
---------------------------------------------------------  -------------------------------- 
 
 
      13. Additional information:                 Of the 46,339,756 shares held, 609,756 
                                                  are held as CDIs. 
 
                                                  DMCI Holdings, Inc. ("DMCI") and D&A 
                                                  Income Limited ("D&A") (together the 
                                                  "Joint Offerors") announced on 8 August 
                                                  2012 that they had reached agreement 
                                                  on the terms of a recommended cash 
                                                  offer to be made by the Joint Offerors 
                                                  for the entire issued and to be issued 
                                                  share capital of ENK not already owned 
                                                  by them. On 4 September 2012 the offer 
                                                  was declared unconditional. 
 
                                                  As at 7.00p.m. on 7 September 2012 
                                                  the Joint Offerors had received valid 
                                                  acceptances in respect of a total 
                                                  of 101,663,980 Shares, representing 
                                                  approximately 38.8 per cent. of the 
                                                  entire issued share capital of ENK. 
 
                                                  Following this purchase detailed above 
                                                  the Joint Offerors now either own 
                                                  or have received valid acceptances 
                                                  in respect of a total of 178,475,804 
                                                  Shares, representing approximately 
                                                  68.1 per cent. of the entire issued 
                                                  share capital of ENK 
------------------------------------------  ----------------------------------------------- 
     14. Contact name:                           Evercore Partners (financial advisor 
                                                  to the Joint Offerors) 
                                                  Stephen CuUnjieng 
                                                  Edward Banks 
------------------------------------------  ----------------------------------------------- 
     15. Contact telephone number:               [phone] or [phone] 
------------------------------------------  ----------------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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