Holding(s) in Company (9607J)

TIDMMFP

RNS Number : 9607J

Music Festivals PLC

07 July 2011

 
 
 
 
  TR-1: NOTIFICATION OF MAJOR INTEREST IN 
   SHARES(i) 
  ------------------------------------------------ 
------------------------------------------------------------------------------ 
 
 1. Identity of the issuer or the 
 underlying issuer of existing shares to 
 which voting rights are attached: (ii)      Music Festivals plc 
------------------------------------------  ---------------------------------- 
 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                                        No 
---------------------------------------------------------------------  ------- 
 An acquisition or disposal of instruments with similar economic 
  effect to qualifying financial instruments                              No 
---------------------------------------------------------------------  ------- 
 An event changing the breakdown of voting rights                         No 
---------------------------------------------------------------------  ------- 
 Other (please 
  specify):                                                               No 
---------------  ----------------------------------------------------  ------- 
 3. Full name of person(s) subject 
  to the 
  notification obligation: (iii)       ISIS EP LLP 
------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv)          No underlying client holds over 3% 
------------------------------------  ---------------------------------------- 
 5. Date of the transaction and date 
  on 
  which the threshold is crossed or 
  reached: (v)                         29/06/2011 
------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified:     04/07/2011 
------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                   5% 
------------------------------------  ---------------------------------------- 
 
 
 
 8. Notified details: 
-------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
-------------------------------------------------------------------------------------------------------------------- 
 Class/type 
 of shares if 
 possible       Situation previous 
 using the       to the triggering                   Resulting situation after the triggering 
 ISIN CODE       transaction                          transaction 
-------------  -----------------------------------  ---------------------------------------------------------------- 
                                Number 
                Number           of                  Number 
                 of              Voting              of         Number of voting       % of voting rights 
                 Shares          Rights              shares      rights                 (x) 
-------------  --------------  -------------------  ---------  ---------------------  ------------------------------ 
                                                                Direct      Indirect 
                                                     Direct      (xi)        (xii)     Direct         Indirect 
-------------    ---  -------  ------  -----  ----  ---------  ----------  ---------  -------------  --------------- 
 Ord GBP0.01 
 GB00B45ZK181   Nil             0%                                          769,231                   5.24% 
               --------------  -------------------  ---------  ----------  ---------  -------------  --------------- 
 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------- 
                                                                    Number of voting 
                                                                     rights that may 
                                                                     be 
                                        Exercise/                    acquired if the 
 Type of financial     Expiration        Conversion Period           instrument is              % of voting 
  instrument            date (xiii)      (xiv)                       exercised/ converted.       rights 
--------------------  ---------------  --------------------------  --------------------------  --------------------- 
                                                                                                Nil 
--------------------  ---------------  --------------------------  --------------------------  --------------------- 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments (xv, xvi) 
-------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------- 
                                               Exercise/ 
 Type of                                        Conversion      Number of voting 
 financial        Exercise      Expiration      period           rights instrument         % of voting rights 
 instrument        price         date (xvii)    (xviii)          refers to                  (xix, xx) 
---------------  ------------  -------------  ---------------  -------------------------  -------------------------- 
                                                                                           Nominal       Delta 
---------------  ------------  -------------  ---------------  -------------------------  ------------  ------------ 
 
 
 Total (A+B+C) 
-------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                      Percentage of voting rights 
-----------------------------------------------------------  ------------------------------------------------------- 
 769,231                                                      5.24% 
-----------------------------------------------------------  ------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
------------------------------------------------------------------------------ 
 ISIS EP LLP 
  No underlying client holds over 3% 
  Registered name: Chase Nominees Limited 
 
 Proxy Voting: 
------------------------------------------------------------------------------ 
 10. Name of the proxy holder:                      ISIS EP LLP 
-------------------------------------------------  --------------------------- 
 11. Number of voting rights proxy holder will 
  cease 
  to hold:                                          N/A 
-------------------------------------------------  --------------------------- 
 12. Date on which proxy holder will cease to 
  hold 
  voting rights:                                    N/A 
-------------------------------------------------  --------------------------- 
 
 13. Additional information: 
--------------------------------------  -------------------------------------- 
 14. Contact name:                       Karen Huxley 
--------------------------------------  -------------------------------------- 
 15. Contact telephone number:           020 7506 5643 
--------------------------------------  -------------------------------------- 
 
 

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