Frontier Developments PLC Notification of Major Interest in Shares (1270R)

TIDMFDEV

RNS Number : 1270R

Frontier Developments PLC

12 June 2018

TR-1: Standard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant 
  issuer and to the FCA in Microsoft Word format if possible)(i) 
---------------------------------------------------------------------------------------------------- 
 
 1a. Identity of the issuer                                    Frontier Developments PLC 
  or the underlying issuer 
  of existing shares to which 
  voting rights are attached(ii) 
  : 
-------------------------------------------------  ------------------------------------------------- 
 1b. Please indicate if the issuer is a non-UK issuer 
  (please mark with an "X" if appropriate) 
---------------------------------------------------------------------------------------------------- 
 Non-UK issuer 
-------------------------------------------------------------------------------------  ------------- 
 2. Reason for the notification (please mark the appropriate 
  box or boxes with an "X") 
---------------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                                 X 
-------------------------------------------------------------------------------------  ------------- 
 An acquisition or disposal of financial instruments 
-------------------------------------------------------------------------------------  ------------- 
 An event changing the breakdown of voting rights 
-------------------------------------------------------------------------------------  ------------- 
 Other (please specify)(iii) : 
-------------------------------------------------------------------------------------  ------------- 
 3. Details of person subject to the notification obligation(iv) 
 Name                                               OppenheimerFunds, Inc. 
 City and country of registered                     225 Liberty Street, New York, 
  office (if applicable)                             New York, 10281, United States 
 4. Full name of shareholder(s) (if different from 3.)(v) 
---------------------------------------------------------------------------------------------------- 
 Name 
-------------------------------------------------  ------------------------------------------------- 
 City and country of registered 
  office (if applicable) 
-------------------------------------------------  ------------------------------------------------- 
 5. Date on which the threshold                     07 June 2018 
  was crossed or reached(vi) 
  : 
-------------------------------------------------  ------------------------------------------------- 
 6. Date on which issuer notified                   11 June 2018 
  (DD/MM/YYYY): 
-------------------------------------------------  ------------------------------------------------- 
 7. Total positions of person(s) subject to the notification 
  obligation 
---------------------------------------------------------------------------------------------------- 
                               % of voting            % of voting        Total of       Total number 
                              rights attached       rights through       both in %       of voting 
                                 to shares             financial        (8.A + 8.B)      rights of 
                                 (total of            instruments                        issuer(vii) 
                                   8. A)               (total of 
                                                      8.B 1 + 8.B 
                                                          2) 
----------------------  -------------------------  ----------------  ----------------  ------------- 
 Resulting 
  situation 
  on the date 
  on which 
  threshold 
  was crossed 
  or reached                      5.17%                                    5.17%         38,660,368 
----------------------  -------------------------  ----------------  ----------------  ------------- 
 Position 
  of previous 
  notification 
  (if 
  applicable) 
----------------------  -------------------------  ----------------  ----------------  ------------- 
 
 
 
 8. Notified details of the resulting situation 
  on the date on which the threshold was crossed 
  or reached(viii) 
-------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
-------------------------------------------------------------------------------- 
 Class/type        Number of voting                % of voting rights 
  of                rights(ix) 
  shares 
  ISIN code 
  (if possible) 
----------------  ------------------------------  ------------------------------ 
                      Direct         Indirect         Direct         Indirect 
                     (Art 9 of       (Art 10 of      (Art 9 of       (Art 10 of 
                     Directive       Directive       Directive       Directive 
                    2004/109/EC)    2004/109/EC)    2004/109/EC)    2004/109/EC) 
                      (DTR5.1)       (DTR5.2.1)       (DTR5.1)       (DTR5.2.1) 
----------------  --------------  --------------  --------------  -------------- 
 GB00BBT32N39                      2,000,000                       5.17% 
----------------  --------------  --------------  --------------  -------------- 
 
 SUBTOTAL 
  8. A                       2,000,000                         5.17% 
----------------  ------------------------------  ------------------------------ 
 
 
 B 1: Financial Instruments according to Art. 13(1)(a) 
  of Directive 2004/109/EC (DTR5.3.1.1 (a)) 
----------------------------------------------------------------------------------- 
 Type of financial   Expiration   Exercise/     Number of voting        % of voting 
  instrument          date(x)      Conversion    rights that             rights 
                                   Period(xi)    may be acquired 
                                                 if the instrument 
                                                 is 
                                                 exercised/converted. 
------------------  -----------  ------------  ----------------------  ------------ 
 
                                  SUBTOTAL 8. 
                                   B 1 
                                 ------------  ----------------------  ------------ 
 
 
 B 2: Financial Instruments with similar economic 
  effect according to Art. 13(1)(b) of Directive 
  2004/109/EC (DTR5.3.1.1 (b)) 
------------------------------------------------------------------------------------- 
 Type of       Expiration   Exercise/     Physical           Number       % of voting 
  financial     date(x)      Conversion    or cash            of voting    rights 
  instrument                 Period        settlement(xii)    rights 
                             (xi) 
------------  -----------  ------------  -----------------  -----------  ------------ 
 
                                          SUBTOTAL 
                                           8.B.2 
                                         -----------------  -----------  ------------ 
 
 
 9. Information in relation to the person subject 
  to the notification obligation (please mark the 
  applicable box with an "X") 
 Person subject to the notification obligation                        X 
  is not controlled by any natural person or 
  legal entity and does not control any other 
  undertaking(s) holding directly or indirectly 
  an interest in the (underlying) issuer(xiii) 
 Full chain of controlled undertakings through 
  which the voting rights and/or the 
  financial instruments are effectively held 
  starting with the ultimate controlling natural 
  person or legal entity(xiv) (please add additional 
  rows as necessary) 
----------------------------------------------------------  --------------------- 
  Name(xv)       % of voting           % of voting             Total of both 
                 rights if it         rights through            if it equals 
                 equals or is      financial instruments        or is higher 
                 higher than           if it equals          than the notifiable 
                the notifiable         or is higher               threshold 
                  threshold         than the notifiable 
                                         threshold 
-----------  ------------------  -----------------------  ----------------------- 
 
 
 
 
 
 
 10. In case of proxy voting, please identify: 
--------------------------------------------------------------------------------- 
 Name of the proxy holder 
-------------------------------  ------------------------------------------------ 
 The number and % of voting 
  rights held 
-------------------------------  ------------------------------------------------ 
 The date until which the 
  voting rights will be 
  held 
-------------------------------  ------------------------------------------------ 
 
 11. Additional information(xvi) 
--------------------------------------------------------------------------------- 
 OppenheimerFunds, Inc. ("OFI") is a registered 
  investment advisor with the U.S. SEC. Its ultimate 
  parent company, Massachusetts Mutual Life Insurance 
  Company, qualifies for disaggregation under FSA 
  regulations. The shares of the issuer are held 
  by investment accounts managed by OFI. 
--------------------------------------------------------------------------------- 
 
 
 
 Place of completion   225 Liberty Street, New York, New York, 
                        10281, United States 
--------------------  ---------------------------------------- 
 Date of completion    11 June 2018 
--------------------  ---------------------------------------- 
 

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June 12, 2018 06:27 ET (10:27 GMT)