Holding(s) in Company (5399F)

TIDMWFC

RNS Number : 5399F

Watford Leisure PLC

27 April 2011

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (i) 
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 1. Identity of the issuer or the 
 underlying issuer of existing shares to 
 which voting rights are attached: (ii)      Watford Leisure plc 
------------------------------------------  ---------------------------------- 
 2 Reason for the notification (please tick the appropriate box or boxes): 
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 An acquisition or disposal of voting rights                              x 
---------------------------------------------------------------------  ------- 
 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                              x 
---------------------------------------------------------------------  ------- 
 An event changing the breakdown of voting rights 
---------------------------------------------------------------------  ------- 
 Other (please 
  specify): 
---------------  ----------------------------------------------------  ------- 
 3. Full name of person(s) subject 
  to the 
  notification obligation: (iii)                 Watford FC Limited 
------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s)         Panos Thomas as nominee for Laurence 
  (if different from 3.):(iv)                          Bassini 
------------------------------------  ---------------------------------------- 
 5. Date of the transaction and date 
  on 
  which the threshold is crossed or 
  reached: (v)                                      26 April 2011 
------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified: 
------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                     92% 
------------------------------------  ---------------------------------------- 
 
 
 
 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 
                 of              Voting             Number         Number of voting          % of voting rights 
                 Shares          Rights              of shares      rights                    (x) 
-------------  --------------  ------------------  -------------  ------------------------  ----------------------------- 
                                                                   Direct         Indirect 
                                                    Direct          (xi)           (xii)     Direct         Indirect 
-------------    ---  -------  ------  -----  ---  -------------  -------------  ---------  -------------  -------------- 
 Ordinary 
 ISIN CODE 
 OB0034301217   Nil             Nil                 40,594,127     40,594,127                92.49% 
               --------------  ------------------  -------------  -------------  ---------  -------------  -------------- 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
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                                                                         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 
--------------------  ---------------  -------------------------------  --------------------------  --------------------- 
 
 
 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) 
---------------  ------------  -------------  ------------------  ----------------------------  ------------------------- 
                                13 July 
 Warrants         GBP0.04        2015          Any time            202,840,000                   Nominal       Delta 
---------------  ------------  -------------  ------------------  ----------------------------  ------------  ----------- 
                                                                                                 82.21% 
-------------    ---  -------  ------  -----  ---  -----------    ----  -------  ---------      ------------  ----------- 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                         Percentage of voting rights 
--------------------------------------------------------------  --------------------------------------------------------- 
 243,434,127                                                     98.66% 
--------------------------------------------------------------  --------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
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 Proxy Voting: 
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 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: 
-----------------------------------  ----------------------------------------- 
                                      Jonathan Wright / Tom Sheldon, Seymour 
                                       Pierce, financial adviser to Watford 
 14. Contact name:                     FC Limited 
-----------------------------------  ----------------------------------------- 
 15. Contact telephone number:        0207 107 8000 
-----------------------------------  ----------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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