On the Beach Group PLC Holding(s) in Company (2178Q)
17 June 2020 - 5:15PM
UK Regulatory
TIDMOTB
RNS Number : 2178Q
On the Beach Group PLC
17 June 2020
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
1. Identity of the issuer or the underlying On The Beach Group plc
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 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 Hawksford Trustees Jersey Limited (as
to the trustees of the SC 2014 Settlement)
notification obligation: (iii)
------------------------------------------
4. Full name of shareholder(s)
(if different from 3.):(iv)
------------------------------------------
5. Date of the transaction and 27 May 2020
date on
which the threshold is crossed
or
reached: (v)
------------------------------------------
6. Date on which issuer notified: 28 May 2020
------------------------------------------
7. Threshold(s) that is/are crossed
or
reached: (vi, vii) 7%
------------------------------------------
8. Notified details:
A: Voting rights attached to shares (viii, ix)
Class/type Situation previous Resulting situation after the triggering
of to the triggering transaction
shares transaction
if possible
using
the ISIN
CODE
-------------------------------- ---------------------------------------------------------------------
Number Number Number Number of voting % of voting rights
of of of shares rights (x)
Shares Voting
Rights
--------------- --------------- ------------- ------------------------- ---------------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
----------- ----------- ------------- ------------ ----------- ------------ -------------
GB00BYM1K758 9,296,649 9,296,649 9,684,999 9,684,999 6.15%
--------------- --------------- ------------- ------------ ----------- ------------ -------------
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of Expiration Exercise/ Number of voting % of voting
financial date (xiii) Conversion Period rights that may rights
instrument (xiv) be
acquired if the
instrument is
exercised/ converted.
------------- ------------------------------ --------------------------- -----------------------
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)
------------- ------------- --------------- --------------------------- -------------------------
Nominal Delta
------------- ------------- --------------- --------------------------- ------------ -----------
Total (A+B+C)
Number of voting rights Percentage of voting rights
-------------------------------------------------------------------
9,684,999 6.15%
-------------------------------------------------------------------
9. Chain of controlled undertakings through which the voting rights
and/or the
financial instruments are effectively held, if applicable: (xxi)
Hawksford Trustees Jersey Limited holds the voting rights as trustees
of the SC 2014 Settlement.
Proxy Voting:
10. Name of the proxy holder: N/A
---------------
11. Number of voting rights proxy holder will N/A
cease
to hold:
---------------
12. Date on which proxy holder will cease to N/A
hold
voting rights:
---------------
13. Additional information:
14. Contact name: David Carswell
---------------
15. Contact telephone number: 01534 740152
---------------
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Authority to act as a Primary Information Provider in the United
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of this information may apply. For further information, please
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END
HOLEAXKXFENEEEA
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