Holding(s) in Company

Released : 17 May 2017 09:42

RNS Number : 4094F
Ladbrokes Coral Group PLC
17 May 2017
 

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

 

 

1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:
ii

LADBROKES CORAL GROUP PLC

2 Reason for the notification (please tick the appropriate box or boxes):

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

 

An event changing the breakdown of voting rights

 

Other (please specify):

 

 

3. Full name of person(s) subject to the
notification obligation:
iii

 PROMONTORIA HOLDING 196 B.V.

 

PROMONTORIA HOLDING 195 B.V.

PROMONTORIA HOLDING 156 B.V.

 

PROMONTORIA HOLDING 155 B.V.

 

PROMONTORIA 6 COÖPERATIE U.A.

 

PROMONTORIA HOLDING COOP LDC

 

PROMONTORIA HOLDING COOP II LDC

 

SABERASU DT INVESTMENTS LDC

 

CERBERUS INSTITUTIONAL INTERNATIONAL SERIES ONE HOLDINGS, LLC

 

CERBERUS SERIES FOUR HOLDINGS, LLC

 

CERBERUS INSTITUTIONAL PARTNERS (INTERNATIONAL), L.P. - SERIES ONE

 

CERBERUS INSTITUTIONAL INTERNATIONAL ASSOCIATES, L.L.C.

 

CERBERUS INSTITUTIONAL PARTNERS, L.P. - SERIES FOUR

 

CERBERUS INSTITUTIONAL ASSOCIATES, L.L.C.

 

STEPHEN A. FEINBERG

4. Full name of shareholder(s)
 (if different from 3.):iv

PROMONTORIA HOLDING 196 B.V.

5. Date of the transaction and date on
which the threshold is crossed or
reached:
v

11 MAY 2017  and 16 MAY 2017

6. Date on which issuer notified:

17 MAY 2017

7. Threshold(s) that is/are crossed or
reached:
vi, vii

5 PER CENT

         

 

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of
shares


if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

ORDINARY SHARES

(ISIN CODE: GB00B0ZSH635

131,554,318

131,554,318

87,733,582

87,733,582

NIL

4.58%

NIL

 

 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date
xiii

Exercise/
Conversion Period
xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights

 

 

 

 

 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date xvii

Exercise/
Conversion period
xviii

Number of voting rights instrument refers to

 

% of voting rights xix, xx

 

 

 

 

 

 

 

Nominal

Delta

 

 

 

Total (A+B+C)

Number of voting rights

Percentage of voting rights

87,733,582

4.58%

                                 

 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
xxi

 

THE VOTING RIGHTS ARE DIRECTLY HELD BY PROMONTORIA HOLDING 196 B.V. (A DUTCH COMPANY) AND INDIRECTLY HELD BY THE OTHER NOTIFIERS THROUGH A CHAIN OF CONTROLLED UNDERTAKINGS COMPRISING:

 

PROMONTORIA HOLDING 195 B.V.

PROMONTORIA HOLDING 156 B.V.

PROMONTORIA HOLDING 155 B.V.

PROMONTORIA 6 COÖPERATIE U.A.

PROMONTORIA HOLDING COOP LDC

PROMONTORIA HOLDING COOP II LDC

SABERASU DT INVESTMENTS LDC

CERBERUS INSTITUTIONAL INTERNATIONAL SERIES ONE HOLDINGS, LLC

CERBERUS SERIES FOUR HOLDINGS, LLC

CERBERUS INSTITUTIONAL PARTNERS (INTERNATIONAL), L.P. - SERIES ONE

CERBERUS INSTITUTIONAL INTERNATIONAL ASSOCIATES, L.L.C.

CERBERUS INSTITUTIONAL PARTNERS, L.P. - SERIES FOUR

CERBERUS INSTITUTIONAL ASSOCIATES, L.L.C.

 

ALL OF THE UNDERTAKINGS REFERRED TO ABOVE ARE ULTIMATELY CONTROLLED BY STEPHEN A. FEINBERG.

 

STEPHEN A. FEINBERG AND THE OTHER NOTIFIERS ARE THEREFORE ALL INDIRECTLY INTERESTED IN THE VOTING RIGHTS DIRECTLY HELD BY PROMONTORIA HOLDING 196 B.V.

 

Proxy Voting:

10. Name of the proxy holder:

N/A

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:


N/A

14. Contact name:

MELISSA O'MEARA

COMPLIANCE AND LEGAL ANALYST

 

15. Contact telephone number:

+1-646-885-3664

     

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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