Millennium & Copthorne Hotels PLC Holding(s) in Company (8673H)

TIDMMLC

RNS Number : 8673H

Millennium & Copthorne Hotels PLC

15 March 2018

TR-1: Standard form for notification of major holdings

 
 1a. Identity of the issuer                                  Millennium & Copthorne Hotels 
  or the underlying issuer                                                 plc 
  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                                               MSD Partners, L.P. and MSD 
                                                     Capital, L.P. 
 
                                                     MSD Partners, L.P. holds 
                                                     3.0% and has a joint voting 
                                                     arrangement in place with 
                                                     MSD Capital, L.P. who holds 
                                                     2.05%. The aggregate position 
                                                     is 5.05%. 
 City and country of registered                     645 Fifth Avenue, 21(st) 
  office (if applicable)                             Floor, New York, New York 
                                                     USA 
 4. Full name of shareholder(s) (if different from 3.)(v) 
---------------------------------------------------------------------------------------------------- 
 Name 
-------------------------------------------------  ------------------------------------------------- 
 City and country of registered                     645 Fifth Avenue, 21(st) 
  office (if applicable)                             Floor, New York, New York 
                                                     USA 
-------------------------------------------------  ------------------------------------------------- 
 5. Date on which the threshold                     09/03/2018 
  was crossed or reached(vi) 
  : 
-------------------------------------------------  ------------------------------------------------- 
 6. Date on which issuer notified                   13/03/2018 
  (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             5.05%                                        5.05%               16,394,202 
----------------------  -------------------------  ----------------  ----------------  ------------- 
 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 rights(ix)            % of voting rights 
  of 
  shares 
  ISIN code 
  (if possible) 
---------------------- 
                                Direct            Indirect                 Direct                  Indirect 
                               (Art 9 of          (Art 10 of              (Art 9 of                 (Art 10 
                               Directive          Directive               Directive              of Directive 
                             2004/109/EC)        2004/109/EC)            2004/109/EC)            2004/109/EC) 
                               (DTR5.1)           (DTR5.2.1)               (DTR5.1)               (DTR5.2.1) 
---------------------   ---------------------  --------------  ------------------------------  --------------- 
 GB0005622542                                      16,394,202                                   5.05% 
----------------------  ---------------------  --------------  ------------------------------  --------------- 
 
 
 SUBTOTAL 8. 
  A                                   16,394,202                                    5.05% 
----------------------  -------------------------------------  ----------------------------------------------- 
 
 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 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                            X 
  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 
-------------------------  ----------------  -----------------------  --------------------- 
 MSD European 
  Opportunity 
  Master Fund, 
  L.P.                      3.00%                                      3.00% 

-------------------------  ----------------  -----------------------  --------------------- 
 MSD Value Investments, 
 L.P.                       2.05%                                      2.05% 
-------------------------  ----------------  -----------------------  --------------------- 
 
 
 
 
 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) 
------------------------------------------------------------------------------------------- 
 MSD Partners, L.P. is the investment manager that, both 
  directly and through a sub advisory relationship with 
  MSD Partners Europe, LLP, provides investment management 
  and other services to MSD European Opportunity Master 
  Fund, L.P. MSD Partners (GP), LLC is the general partner 
  of MSD Partners, L.P. and its managers are Marc Lisker, 
  John Phelan and Glenn R. Fuhrman. 
 
  MSD Capital, L.P. is the general partner of MSD Value 
  Investments, L.P. MSD Capital Management, LLC is the 
  general partner of MSD Capital, L.P. and its managers 
  are Marc Lisker, John Phelan and Glenn Fuhrman. 
 
  MSD Partners, L.P. has a joint voting arrangement in 
  place with MSD Capital, L.P. and in the aggregate own 
  5.05%. 
------------------------------------------------------------------------------------------- 
 
 
 
 Place of completion   New York, New York 
--------------------  ------------------- 
 Date of completion    13/3/2018 
--------------------  ------------------- 
 

Millennium & Copthorne Hotels plc

LEI: 2138003EQ1O4LZ1JNH19

This information is provided by RNS

The company news service from the London Stock Exchange

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March 15, 2018 08:05 ET (12:05 GMT)