William Hill PLC Holding(s) in Company (2719A)

TIDMWMH

RNS Number : 2719A

William Hill PLC

27 December 2017

The following notification was received on 22 December 2017 after the market closed, by William Hill PLC, relating to a major interest in shares of William Hill PLC.

Tom Fuller

Deputy Company Secretary

27 December 2017

OAM: Major Shareholding Notifications

William Hill LEI: 213800MDW41W5UZQIX82

TR-1: Standard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS 
-------------------------------------------------------------------------------------------------- 
 
 1a. Identity of the issuer                                       William Hill Plc 
  or the underlying issuer 
  of existing shares to which 
  voting rights are attached: 
-----------------------------------------------  ------------------------------------------------- 
 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 
-----------------------------------------------------------------------------------  ------------- 
 An acquisition or disposal of financial instruments                                       X 
-----------------------------------------------------------------------------------  ------------- 
 An event changing the breakdown of voting rights 
-----------------------------------------------------------------------------------  ------------- 
 Other (please specify): 
-----------------------------------------------------------------------------------  ------------- 
 3. Details of person subject to the notification obligation 
 Name                                             Parvus Asset Management Europe 
                                                   Limited 
 City and country of registered                   London, United Kingdom 
  office (if applicable) 
 4. Full name of shareholder(s) (if different from 3.) 
-------------------------------------------------------------------------------------------------- 
 Name 
                                                    Parvus Asset Management Europe 
                                                    Limited has been appointed 
                                                    as Investment Manager of 
                                                    a number of funds and managed 
                                                    accounts. Under the terms 
                                                    of the various investment 
                                                    management agreements, Parvus 
                                                    Asset Management Europe Limited 
                                                    holds the power to vote any 
                                                    physical shareholdings held 
                                                    by these clients. 
-----------------------------------------------  ------------------------------------------------- 
 City and country of registered                   N/A 
  office (if applicable) 
-----------------------------------------------  ------------------------------------------------- 
 5. Date on which the threshold                   20/12/2017 
  was crossed or reached: 
-----------------------------------------------  ------------------------------------------------- 
 6. Date on which issuer notified                 22/12/2017 
  (DD/MM/YYYY): 
-----------------------------------------------  ------------------------------------------------- 
 7. Total positions of person(s) subject to the notification 
  obligation 
-------------------------------------------------------------------------------------------------- 
                                 % of voting        % of voting         Total of      Total number 
                                    rights         rights through       both in %      of voting 
                                   attached          financial         (8.A + 8.B)     rights of 
                                  to shares         instruments                        issuer 
                                  (total of          (total of 
                                    8. A)           8.B 1 + 8.B 
                                                         2) 
---------------------------  ------------------  -----------------  ---------------  ------------- 
 Resulting 
  situation 
  on the date 
  on which 
  threshold 
  was crossed 
  or reached                                      102,461,232        11.94%           858,073,997 
-----------------------------------------------  -----------------  ---------------  ------------- 
 Position 
  of previous 
  notification 
  (if applicable)                                 111,395,018        12.98% 
-----------------------------------------------  -----------------  ---------------  ------------- 
 
 
 
 8. Notified details of the resulting situation on the 
  date on which the threshold was crossed or reached 
-------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
-------------------------------------------------------------------------------------------------------------- 
 Class/type of           Number of voting rights                % of voting rights 
  shares 
  ISIN code (if 
  possible) 
---------------------- 
                                Direct            Indirect                 Direct                  Indirect 
                               (Art 9 of          (Art 10 of              (Art 9 of               (Art 10 of 
                               Directive          Directive               Directive                Directive 
                             2004/109/EC)        2004/109/EC)            2004/109/EC)            2004/109/EC) 
                               (DTR5.1)           (DTR5.2.1)               (DTR5.1)               (DTR5.2.1) 
----------------------  ---------------------  --------------  ------------------------------  --------------- 
 
 
 
 SUBTOTAL 8. 
  A 
----------------------  -------------------------------------  ----------------------------------------------- 
 
 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                   Conversion      rights that                     rights 
                                                 Period          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 financial       Expiration             Exercise/       Physical      Number            % of voting 
  instrument              date                  Conversion      or cash        of voting         rights 
                                                Period          settlement     rights 
----------------------  ---------------------  --------------  ------------  ----------------  --------------- 
 
       Equity Swap             02/07/2018             N/A           Cash           811,871           0.09% 
----------------------  ---------------------  --------------  ------------  ----------------  --------------- 
 
       Equity Swap             11/07/2018             N/A           Cash         21,003,120          2.45% 
----------------------  ---------------------  --------------  ------------  ----------------  --------------- 
 
       Equity Swap             07/08/2018             N/A           Cash           532,439           0.06% 
----------------------  ---------------------  --------------  ------------  ----------------  --------------- 
 
       Equity Swap             08/08/2018             N/A           Cash          1,137,529          0.13% 
----------------------  ---------------------  --------------  ------------  ----------------  --------------- 
 
       Equity Swap             31/10/2018             N/A           Cash          1,533,286          0.18% 
----------------------  ---------------------  --------------  ------------  ----------------  --------------- 
 
       Equity Swap             21/11/2018             N/A           Cash         30,612,433          3.57% 
----------------------  ---------------------  --------------  ------------  ----------------  --------------- 
 
       Equity Swap             04/12/2018             N/A           Cash         46,490,819          5.42% 
----------------------  ---------------------  --------------  ------------  ----------------  --------------- 
 
       Equity Swap             28/06/2019             N/A           Cash           115,264           0.01% 
----------------------  ---------------------  --------------  ------------  ----------------  --------------- 
 

       Equity Swap             05/07/2019             N/A           Cash           224,471           0.03% 
----------------------  ---------------------  --------------  ------------  ----------------  --------------- 
                                                                SUBTOTAL 
                                                                 8.B.2           102,461,232         11.94% 
                                                               ------------  ----------------  --------------- 
 
 
 
 
 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 
 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 (please add additional rows as necessary) 
--------------------------------------------------------------------------  --------------------- 
           Name                  % of voting             % of voting            Total of both 
                                  rights if             rights through           if it equals 
                                  it equals          financial instruments       or is higher 
                                 or is higher            if it equals         than the notifiable 
                             than the notifiable         or is higher              threshold 
                                  threshold           than the notifiable 
                                                           threshold 
-------------------------  ----------------------  -----------------------  --------------------- 
 Edoardo Mercadante                                 11.94%                   11.94% 
-------------------------------------------------  -----------------------  --------------------- 
 Parvus Asset Management 
  (Cayman) Limited                                  11.94%                   11.94% 
-------------------------------------------------  -----------------------  --------------------- 
 Parvus Asset Management 
  Limited                                           11.94%                   11.94% 
-------------------------------------------------  -----------------------  --------------------- 
 
 
 
 10. In case of proxy voting, please identify: 
------------------------------------------------------------------------------------------------- 
 Name of the proxy holder                           N/A 
-------------------------------------------------  ---------------------------------------------- 
 The number and % of voting                         N/A 
  rights held 
-------------------------------------------------  ---------------------------------------------- 
 The date until which the                           N/A 
  voting rights will be held 
-------------------------------------------------  ---------------------------------------------- 
 
 11. Additional information 
------------------------------------------------------------------------------------------------- 
 
   N/A 
------------------------------------------------------------------------------------------------- 
 
 
 
 Place of completion   London, United Kingdom 
--------------------  ----------------------- 
 Date of completion    22/12/2017 
--------------------  ----------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 27, 2017 03:30 ET (08:30 GMT)