Volution Group plc Holding(s) in Company (4352K)

TIDMFAN

RNS Number : 4352K

Volution Group plc

24 June 2014

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
-------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                        Volution Group plc 
  issuer 
  of existing shares to which voting rights 
  are 
  attached: 
--------------------------------------------------  ---------------------------------- 
 2 Reason for the notification (please tick the appropriate box or boxes): 
-------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights 
-----------------------------------------------------------------------------  ------- 
 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        Shareholding immediately following Admission                X 
  specify): 
-------------------  --------------------------------------------------------  ------- 
 3. Full name of person(s) subject             TowerBrook Investors Limited 
  to the                                        TowerBrook Investors GP III, L.P. 
  notification obligation:                      TowerBrook Investors III, L.P. 
                                                TCP Volution Holdings GP, LLC 
                                                Windmill Cayman L.P. 
                                                Windmill Holdings Cooperatief U.A. 
                                                Windmill Holdings B.V. 
                                                Neal Moszkowski and Ramez Sousou 
--------------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s)                                 Windmill Holdings B.V. 
  (if different from 3.): 
--------------------------------------------  ---------------------------------------- 
 5. Date of the transaction and date                                      23 June 2014 
  on 
  which the threshold is crossed 
  or 
  reached: 
--------------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified:                                        24 June 2014 
--------------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached:                                                                         61% 
--------------------------------------------  ---------------------------------------- 
 
 
 
 8. Notified details: 
--------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
--------------------------------------------------------------------------------------------------------------------------- 
 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 
                 Shares         Voting 
                                Rights 
-------------  -------------  ------------------  --------------  -------------------------  ------------------------------ 
                                                   Direct          Direct          Indirect   Direct           Indirect 
-------------    ---  ------  ------  -----  ---  --------------  --------------  ---------  ---------------  ------------- 
 Ordinary 
 Shares 
 of GBP0.01 
 each 
 
 ISIN Code: 
 
 GB00BN3ZZ526                                        122,751,087     122,751,087                        61.4 
               -------------  ------------------  --------------  --------------  ---------  ---------------  ------------- 
 
 
 B: Qualifying Financial Instruments 
--------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
--------------------------------------------------------------------------------------------------------------------------- 
 Type of financial     Expiration      Exercise/                         Number of voting                % of voting 
  instrument            date            Conversion Period                 rights that may                 rights 
                                                                          be 
                                                                          acquired if the 
                                                                          instrument is 
                                                                          exercised/ converted 
--------------------  --------------  --------------------------------  ------------------------------  ------------------- 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments 
--------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
--------------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise     Expiration     Exercise/            Number of voting                % of voting rights 
 financial         price        date           Conversion           rights instrument 
 instrument                                    period               refers to 
---------------  -----------  -------------  -------------------  ------------------------------  ------------------------- 
                                                                                                   Nominal        Delta 
---------------  -----------  -------------  -------------------  ------------------------------  -------------  ---------- 
 
 
 Total (A+B+C) 
--------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                         Percentage of voting rights 
--------------------------------------------------------------  ----------------------------------------------------------- 
 122,751,087                                                     61.4 
--------------------------------------------------------------  ----------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: 
----------------------------------------------------------------------------------- 
 TowerBrook Investors Limited is the general partner of 
  TowerBrook Investors GP III, L.P., which is the general partner of 
  TowerBrook Investors III, L.P., which is the parent undertaking of 
  TCP Volution Holdings GP, LLC, which is the general partner of 
  Windmill Cayman L.P., which is the parent undertaking of 
  Windmill Holdings Cooperatief U.A. , which is the parent undertaking 
  of 
  Windmill Holdings B.V. 
 
  The ultimate controllers of TowerBrook Investors Limited are Neal Moszkowski 
  and Ramez Sousou. 
 
 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:                           Adam McLain, General Counsel 
                                              TowerBrook Capital Partners (U.K.) 
                                              LLP 
------------------------------------------  --------------------------------------- 
 15. Contact telephone number:               020 7451 2020 
------------------------------------------  --------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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