TIDMJNY

RNS Number : 9294W

Journey Group PLC

01 February 2013

 
For filings with the FSA include 
 the annex 
---------------------------------------------------------  ------------------------------- 
For filings with issuer exclude 
 the annex 
---------------------------------------------------------  ------------------------------- 
 
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------------------ 
 
1. Identity of the issuer or                                             Journey Group PLC 
 the underlying issuer 
 of existing shares to which 
 voting rights are 
 attached: (ii) 
---------------------------------------------------------  ------------------------------- 
2 Reason for the notification (please tick the appropriate 
 box or boxes): 
------------------------------------------------------------------------------------------ 
An acquisition or disposal of voting rights                               Yes 
-----------------------------------------------------------  ----------------------------- 
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)                                Kestrel Opportunities, a cell 
 subject to the                                           of Guernsey Portfolios PCC 
 notification obligation:                                 Limited 
 (iii) 
-------------------------------------------------------  --------------------------------- 
4. Full name of shareholder(s)                           As in 3 above 
 (if different from 3.):(iv) 
-------------------------------------------------------  --------------------------------- 
5. Date of the transaction                               28 January 2013 
 and date on 
 which the threshold is crossed 
 or 
 reached: (v) 
-------------------------------------------------------  --------------------------------- 
6. Date on which issuer notified:                        1 February 2013 
-------------------------------------------------------  --------------------------------- 
7. Threshold(s) that is/are                              Above 5% 
 crossed or 
 reached: (vi, vii) 
-------------------------------------------------------  --------------------------------- 
 
 
 
8. Notified details: 
----------------------------------------------------------------------------------------------------------------------- 
A: Voting rights attached to shares (viii, ix) 
----------------------------------------------------------------------------------------------------------------------- 
Class/type    Situation previous                         Resulting situation after the 
 of            to the triggering                          triggering transaction 
 shares        transaction 
 
 if possible 
 using 
 the ISIN 
 CODE 
------------  -----------------------------------------  -------------------------------------------------------------- 
              Number                    Number           Number         Number of voting        % of voting 
               of                        of              of shares       rights                  rights (x) 
               Shares                    Voting 
                                         Rights 
------------  ------------------------  ---------------  -------------  ----------------------  ----------------------- 
                                                         Direct         Direct (xi)  Indirect   Direct       Indirect 
                                                                                      (xii) 
------------      --------  ----------      -----------  -------------  -----------  ---------  -----------  ---------- 
GB0009422097  1,750,000                 1,750,000        9,750,000      9,750,000    Nil        5.65%        Nil 
------------  ------------------------  ---------------  -------------  -----------  ---------  -----------  ---------- 
 
 
B: Qualifying Financial Instruments 
----------------------------------------------------------------------------------------------------------------------- 
Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------------- 
Type of           Expiration              Exercise/                       Number of voting          % of voting 
financial          date                    Conversion                      rights that               rights 
instrument         (xiii)                  Period (xiv)                    may be 
                                                                           acquired if 
                                                                           the 
                                                                           instrument 
                                                                           is 
                                                                           exercised/ 
                                                                           converted. 
----------------  ----------------------  ------------------------------  ------------------------  ------------------- 
                                           Any time until 
 Warrants          2/9/2020                 expiry                         7,740,881                 3.75% 
----------------  ----------------------  ------------------------------  ------------------------  ------------------- 
 
C: Financial Instruments with similar economic effect 
 to Qualifying Financial Instruments (xv, xvi) 
----------------------------------------------------------------------------------------------------------------------- 
Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------------- 
Type of         Exercise    Expiration      Exercise/        Number of voting                     % of voting 
financial       price        date (xvii)     Conversion       rights instrument                    rights (xix, 
instrument                                   period           refers to                            xx) 
                                             (xviii) 
--------------  ----------  --------------  ---------------  -----------------------------------  --------------------- 
None                                                                                              Nominal      Delta 
--------------  ----------  --------------  ---------------  -----------------------------------  -----------  -------- 
 
 
Total (A+B+C) 
----------------------------------------------------------------------------------------------------------------------- 
Number of voting rights                                    Percentage of voting rights 
---------------------------------------------------------  ------------------------------------------------------------ 
17,490,881                                                 5.1% 
---------------------------------------------------------  ------------------------------------------------------------ 
 
 
 
9. Chain of controlled undertakings through which the 
 voting rights and/or the 
 financial instruments are effectively held, if applicable: 
 (xxi) 
--------------------------------------------------------------------------------------------- 
 
 
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:                                   Notification using the voting 
                                                               rights figure of 309,780,243 
                                                               increased to reflect exercise 
                                                               of all warrants in issue to 
                                                               344,966,068 
------------------------------------------------------------  ------------------------------- 
14. Contact name:                                             Oliver Scott (Kestrel Partners) 
------------------------------------------------------------  ------------------------------- 
15. Contact telephone number:                                 0203 371 6100 
------------------------------------------------------------  ------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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