The Gym Group plc Holding(s) in Company (4281J)

TIDMGYM TIDM84JL

RNS Number : 4281J

The Gym Group plc

28 June 2017

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                                   THE GYM GROUP 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                                                    X 
--------------------------------------------------------------------------------  ---------------------------- 
 An acquisition or disposal of qualifying financial instruments                                 X 
  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                                           Bank of America Corporation 
  to the 
  notification obligation: (iii) 
--------------------------------------------------------------------------  ---------------------------------- 
 4. Full name of shareholder(s)                                              Merrill Lynch International 
  (if different from 3.):(iv) 
--------------------------------------------------------------------------  ---------------------------------- 
 5. Date of the transaction and date                                         23(rd) June 2017 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
--------------------------------------------------------------------------  ---------------------------------- 
 6. Date on which issuer notified:                                           27(th) June 2017 
--------------------------------------------------------------------------  ---------------------------------- 
 7. Threshold(s) that is/are crossed                                         Below 6% 
  or 
  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) 
-------------      ------------    ------------  --------------  -------------  ------------  ---------  ------------- 
 GB00BZBX0P70   7,783,901         7,783,901       0               0              7,531,724     0          5.873% 
-------------  ----------------  --------------  --------------  -------------  ------------  ---------  ------------- 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration      Exercise/                       Number of voting             % of voting 
 financial           date (xiii)     Conversion Period               rights that may              rights 
 instrument                          (xiv)                           be 
                                                                     acquired if the 
                                                                     instrument is 
                                                                     exercised/ converted. 
-----------------  --------------  ------------------------------  ---------------------------  ---------------------- 
 Right to Recall 
  Securities        N/A             N/A                             599                          0.000% 
-----------------  --------------  ------------------------------  ---------------------------  ---------------------- 
 
 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 rights 
 financial         price          date (xvii)     Conversion       voting rights    (xix, xx) 
 instrument                                       period           instrument 
                                                  (xviii)          refers to 
---------------  --------------  --------------  --------------  ---------------  ------------------------------------ 
                                                                                   Nominal                  Delta 
---------------  --------------  --------------  --------------  ---------------  -----------------------  ----------- 
 Swaps            N/A             14-Jun-2018     N/A             4,775            0.004%                   0.004% 
---------------  --------------  --------------  --------------  ---------------  -----------------------  ----------- 
 Swaps            N/A             29-Jun-2018     N/A             39               0.000%                   0.000% 
---------------  --------------  --------------  --------------  ---------------  -----------------------  ----------- 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                            Percentage of voting rights 
-------------------------------------------------  ------------------------------------------------------------------- 
 7,537,137                                          5.877% 
-------------------------------------------------  ------------------------------------------------------------------- 
 
 
 
 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    7,537,137       5.877% 
 
                          Total   7,537,137       5.877% 
 
 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 
----------------------------------------------------------------------------  -------------- 
 
 

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June 28, 2017 06:36 ET (10:36 GMT)