Journey Group PLC Holding(s) in Company (2719O)

TIDMJNY

RNS Number : 2719O

Journey Group PLC

03 November 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                                      Journey 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                                      Yes 
----------------------------------------------------------------  ---------------------------------- 
 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)                                                      Kestrel Partners LLP 
  subject to the 
  notification obligation: 
  (iii) 
---------------------------------------------------------  ----------------------------------------- 
 4. Full name of shareholder(s)                                        Kestrel Opportunities, a cell 
  (if different from 3.):(iv)                                             of Guernsey Portfolios PCC 
                                                                    Ltd (through BNY Mellon Nominees 
                                                                          Limited) and various other 
                                                                         clients of Kestrel Partners 
                                                                           LLP (through JIM Nominees 
                                                                                                Ltd) 
---------------------------------------------------------  ----------------------------------------- 
 5. Date of the transaction                                                         01 November 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
---------------------------------------------------------  ----------------------------------------- 
 6. Date on which issuer                                                            03 November 2016 
  notified: 
---------------------------------------------------------  ----------------------------------------- 
 7. Threshold(s) that is/are                                                         Down through 3% 
  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         voting              rights (x) 
                  Shares                  Voting       shares     rights 
                                          Rights 
--------------  ----------------------  ------------  --------  ------------------  ------------------- 
                                                       Direct    Direct   Indirect   Direct    Indirect 
                                                                 (xi)      (xii) 
--------------  ---------  -----------  ------------  --------  -------  ---------  --------  --------- 
 Ordinary 
  Shares of 
  0.25p each 
  ISIN 
  GB00B909HR51   1,557,771               1,557,771     n/a       n/a      Zero       n/a       Zero 
                ----------------------  ------------  --------  -------  ---------  --------  --------- 
 
 
 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             n/a                     n/a                     n/a                 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 voting              % of voting 
  financial      price       date         Conversion    rights instrument             rights (xix, 
  instrument                 (xvii)       period        refers to                     xx) 
                                          (xviii) 
--------------  ---------  -----------  ------------  ----------------------------  ------------------- 
 n/a             n/a        n/a          n/a           n/a                           Nominal   Delta 
--------------  ---------  -----------  ------------  ----------------------------  --------  --------- 
                                                                                     n/a       n/a 
--------------  ---------  -----------  ------------  --------  -------  ---------  --------  --------- 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------- 
 Number of voting rights                               Percentage of voting rights 
----------------------------------------------------  ------------------------------------------------- 
 Zero                                                  Zero 
----------------------------------------------------  ------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
--------------------------------------------------------------------------------------------------- 
 
 
 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: 
-------------------------------------------------------------  ------------------------------------ 
 
                                                                Disclosure based on Total 
  13. Additional information:                                   voting rights of 11,845,879. 
                                                                The indirect voting rights 
                                                                held under (9) relate to 
                                                                shares held in client portfolios 
                                                                managed by Kestrel Partners 
                                                                LLP under discretionary investment 
                                                                management agreements 
-------------------------------------------------------------  ------------------------------------ 
 14. Contact name:                                                                      Ian Forrest 
-------------------------------------------------------------  ------------------------------------ 
 15. Contact telephone number:                                                        0203 371 6100 
-------------------------------------------------------------  ------------------------------------ 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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November 03, 2016 08:10 ET (12:10 GMT)