Source - RNS
RNS Number : 0345D
McCarthy & Stone PLC
21 April 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:

McCarthy & Stone plc

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

X

An event changing the breakdown of voting rights


Other (please specify):



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

Anchorage Capital Master Offshore, Ltd.

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

 

ACMO S.à r.l.

 

ACMO Finance (Ireland) Designated Activity Company

 

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

19 April 2017

6. Date on which issuer notified:

21 April 2017

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

Above 23%



 

8. Notified details:

A: Voting rights attached to shares

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

Direct

Direct

Indirect

Direct

Indirect


58,482,846

58,482,846

73,963,929


73,963,929


13.76%



B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date

Exercise/
Conversion Period

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

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date

Exercise/
Conversion period

Number of voting rights instrument refers to

 

% of voting rights

 

CFD

N/A

N/A

N/A

51,035,237

 

Nominal

Delta

9.49%



Total (A+B+C)

Number of voting rights

Percentage of voting rights

109,518,083

23.26%



 

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

 

Anchorage Capital Master Offshore, Ltd. is the parent undertaking of both ACMO S.à r.l. which hold 33,952,898 shares with voting rights (6.32%) and ACMO Finance (Ireland) Designated Activity Company which holds 6,764,759 shares voting rights (1.26%).  Anchorage Capital Master Offshore, Ltd. also directly holds 33,246,272 shares with voting rights (6.18%) and CFDs totaling 51,035,237 which represent the equivalent of approximately (9.49%) of the voting rights.

 

The holdings of ACMO S.à r.l., ACMO Finance (Ireland) Designated Activity Company and Anchorage Capital Master Offshore, Ltd. are managed by Anchorage Capital Group, L.L.C., which is an SEC- registered Investment Manager and therefore falls within the equivalent exception in DTR 5.1.5.

 


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:

David Young

15. Contact telephone number:

+ [212-432-4600]

 


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