Findel PLC Holding(s) in Company (4387T)

TIDMFDL TIDMSPD

RNS Number : 4387T

Findel PLC

29 March 2016

29 March 2016

Findel plc (the "Company")

Holding(s) in Company

The Company has received notification from Sports Direct International plc of an increase in its interest in the shares of the Company. Copies of the details notified are attached to this announcement.

--End --

Enquiries

Findel plc

David Sugden, Chairman

Tim Kowalski, Finance Director

0161 303 3465

Tulchan Communications LLP

Stephen Malthouse / Giles Kernick

020 7353 4200

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                                          Findel 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 
----------------------------------------------------------------  ------------------------------- 
 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                                  x 
  similar economic effect to qualifying financial 
  instruments 
----------------------------------------------------------------  ------------------------------- 
 An event changing the breakdown of voting rights 
----------------------------------------------------------------  ------------------------------- 
 Other (please 
  specify): 
---------------------------------------------------------  -----  ------------------------------- 
 3. Full name of person(s)                                            Sports Direct International 
  subject to the                                                                              plc 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ------------------------------------ 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ------------------------------------ 
 5. Date of the transaction                                                         24 March 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ------------------------------------ 
 6. Date on which issuer                                                            29 March 2016 
  notified: 
-----------------------------------------------------------  ------------------------------------ 
 7. Threshold(s) that is/are                                            Above 18%, 19%, 20%, 21%, 
  crossed or                                                        22%, 23%, 24%, 25%, 26%, 27%, 
  reached: (vi, vii)                                                                    28% & 29% 
-----------------------------------------------------------  ------------------------------------ 
 
 
 
 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) 
--------------    -----------      ------------  -------------  -------------  ------------  ------------  ----------- 
 
  GB00B8B4R053   14,885,983       14,885,983      14,885,983     14,885,983                   17.22% 
                ---------------  --------------  -------------  -------------  ------------  ------------  ----------- 
 
 
 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                    % of voting 
  financial      price          dates (xvii)       Conversion       voting rights                rights (xix, 
  instrument                                       period           instrument                   xx) 
                                                   (xviii)          refers to 
--------------  -------------  ----------------  ---------------  ---------------------------  ----------------------- 
 CONTRACT        N/A            N/A               N/A              10,868,367                   Nominal       Delta 
 FOR 
 DIFFERENCE 
--------------  -------------  ----------------  ---------------  ---------------------------  ------------  --------- 
                                                                                                  12.57% 
--------------    -----------      ------------    -----------    -----------  ------------    ------------  --------- 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                            Percentage of voting rights 
-------------------------------------------------  ------------------------------------------------------------------- 
 25,754,350                                         29.79% 
-------------------------------------------------  ------------------------------------------------------------------- 
 
 
 
 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:                                                      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:                               Sports Direct International 
                                                                                    plc 
-------------------------------------------------------  ------------------------------ 
 14. Contact name:                                                        Cameron Olsen 
-------------------------------------------------------  ------------------------------ 
 15. Contact telephone number:                                            0344 245 9200 
-------------------------------------------------------  ------------------------------ 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLUKOSRNSAOUAR

(END) Dow Jones Newswires

March 29, 2016 10:37 ET (14:37 GMT)