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JUST Just Group Plc

101.40
-1.60 (-1.55%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Just Group Plc LSE:JUST London Ordinary Share GB00BCRX1J15 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.60 -1.55% 101.40 101.20 101.60 103.40 100.80 102.80 937,564 16:35:03
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Life Insurance 2.24B 129M 0.1242 8.15 1.05B

Just Group PLC Holding(s) in Company (1414S)

28/09/2017 3:05pm

UK Regulatory


TIDMJUST

RNS Number : 1414S

Just Group PLC

28 September 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                               JUST 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                                   ü 
------------------------------------------------------------  ----------------------------------- 
 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)                              CINVEN LIMITED 
  subject to the                                         CINVEN S.A. 
  notification obligation: 
  (iii) 
-----------------------------------------------------  ------------------------------------------ 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv)                             FOURTH CINVEN FUND (NO. 1) 
                                                          LIMITED PARTNERSHIP 
                                                          FOURTH CINVEN FUND (NO. 2) 
                                                          LIMITED PARTNERSHIP 
                                                          FOURTH CINVEN FUND (NO. 3 
                                                          - VCOC) LIMITED PARTNERSHIP 
                                                          FOURTH CINVEN FUND (NO. 4) 
                                                          LIMITED PARTNERSHIP 
                                                          FOURTH CINVEN FUND (UBTI) 
                                                          LIMITED PARTNERSHIP 
                                                          FOURTH CINVEN FUND CO-INVESTMENT 
                                                          PARTNERSHIP 
                                                          FOURTH CINVEN (MACIF) LIMITED 
                                                          PARTNERSHIP 
                                                          FOURTH CINVEN FUND FCPR 
-----------------------------------------------------  ------------------------------------------ 
 5. Date of the transaction                             28 September 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------  ------------------------------------------ 
 6. Date on which issuer                                28 September 2017 
  notified: 
-----------------------------------------------------  ------------------------------------------ 
 7. Threshold(s) that is/are                            BELOW 15%, 14%, 13%, 12%, 
  crossed or                                             11%, 10%, 9%, 8%, 7%, 6% 
  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 voting             % of voting 
                   of               of               of shares       rights                       rights (x) 
                   Shares           Voting 
                                    Rights 
---------------  ---------------  ----------------  -------------  ---------------------------  ------------------------- 
                                                     Direct         Direct           Indirect    Direct        Indirect 
                                                                     (xi)             (xii) 
---------------      -----------      ------------  -------------  ---------------  ----------  ------------  ----------- 
 ORDINARY 
                 -------------------------------------------------------------------------------------------------------- 
 GB00BCRX1J15 
---------------      -----------      ------------    -----------      -----------  ----------      --------    --------- 
 
  FOURTH CINVEN 
  FUND (NO. 
  1) LIMITED 
  PARTNERSHIP       28,369,904       28,369,904       10,108,459      10,108,459     N/A         1.08%         N/A 
---------------  ---------------  ----------------  -------------  ---------------  ----------  ------------  ----------- 
 
  FOURTH CINVEN 
  FUND (NO. 
  2) LIMITED 
  PARTNERSHIP       29,601,309       29,601,309       10,547,221      10,547,221     N/A         1.13%         N/A 
---------------  ---------------  ----------------  -------------  ---------------  ----------  ------------  ----------- 
 
  FOURTH CINVEN 
  FUND (NO. 
  3 - VCOC) 
  LIMITED 
  PARTNERSHIP     29,348,441         29,348,441       10,457,121      10,457,121     N/A         1.12%         N/A 
---------------  ---------------  ----------------  -------------  ---------------  ----------  ------------  ----------- 
 
  FOURTH CINVEN 
  FUND (NO. 
  4) LIMITED 
  PARTNERSHIP       28,008,435       28,008,435       9,979,665       9,979,665      N/A         1.07%         N/A 
---------------  ---------------  ----------------  -------------  ---------------  ----------  ------------  ----------- 
 
  FOURTH CINVEN 
  FUND (UBTI) 
  LIMITED 
  PARTNERSHIP       15,757,230       15,757,230       5,614,447       5,614,447      N/A         0.60%         N/A 
---------------  ---------------  ----------------  -------------  ---------------  ----------  ------------  ----------- 
 
  FOURTH CINVEN 
  FUND 
  CO-INVESTMENT 
  PARTNERSHIP       1,426,413         1,426,413        508,244         508,244       N/A         0.05%         N/A 
---------------  ---------------  ----------------  -------------  ---------------  ----------  ------------  ----------- 
 
  FOURTH CINVEN 
  (MACIF) 
  LIMITED 
  PARTNERSHIP        408,181           408,181         145,439         145,439       N/A         0.02%         N/A 
---------------  ---------------  ----------------  -------------  ---------------  ----------  ------------  ----------- 
 
  FOURTH CINVEN 
  FUND FCPR         11,559,407       11,559,407       4,118,724       4,118,724      N/A         0.44%         N/A 
---------------  ---------------  ----------------  -------------  ---------------  ----------  ------------  ----------- 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------- 
 Type of financial    Expiration       Exercise/                        Number of voting             % of voting 
  instrument           date             Conversion                       rights that                  rights 
                       (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 
----------------------------------------------------  ------------------------------------------------------------------- 
 51,479,320                                            5.51% 
----------------------------------------------------  ------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------------------ 
                                Cinven Limited acts as manager for the following entities: 
 
                                            FOURTH CINVEN FUND (NO. 1) LIMITED PARTNERSHIP 
 
                                            FOURTH CINVEN FUND (NO. 2) LIMITED PARTNERSHIP 
 
                                     FOURTH CINVEN FUND (NO. 3 - VCOC) LIMITED PARTNERSHIP 
 
                                            FOURTH CINVEN FUND (NO. 4) LIMITED PARTNERSHIP 
 
                                             FOURTH CINVEN FUND (UBTI) LIMITED PARTNERSHIP 
 
                                                            FOURTH CINVEN (MACIF) LIMITED, 
 
                                                              together the "Cinven Funds". 
 
                                 The Cinven Funds and the FOURTH CINVEN FUND CO-INVESTMENT 
                                      PARTNERSHIP are party to an agreement whereby Fourth 
                                  Cinven Fund Co-Investment Partnership acts in accordance 
                                 with the actions of the Cinven Funds, meaning that Cinven 
                                      Limited also effectively controls Fourth Cinven Fund 
                                                                Co-Investment Partnership. 
 
                                   Cinven S.A. acts as manager of FOURTH CINVEN FUND FCPR. 
 
 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: 
-------------------------------------------------------  --------------------------------- 
 
                                                                  This disclosure has been 
  13. Additional information:                                   calculated based on issued 
                                                              share capital of 934,299,547 
                                                               shares as disclosed by Just 
                                                             Group plc in its announcement 
                                                                        of 31 August 2017. 
-------------------------------------------------------  --------------------------------- 
 14. Contact name:                                        Peter Moore, Compliance Manager, 
                                                                                    Cinven 
                                                                              Partners LLP 
                                                                (Cinven Partners LLP is an 
                                                                   adviser to the entities 
                                                               subject to the notification 
                                                                               obligation) 
-------------------------------------------------------  --------------------------------- 
 15. Contact telephone number:                                               020 7667 3264 
-------------------------------------------------------  --------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLZVLFLDKFBBBZ

(END) Dow Jones Newswires

September 28, 2017 10:05 ET (14:05 GMT)

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