Reach4Entertainment Enterprises PLC Holding(s) in Company (2874F)
26 July 2016 - 11:06PM
UK Regulatory
TIDMR4E
RNS Number : 2874F
Reach4Entertainment Enterprises PLC
26 July 2016
TR-1: NOTIFICATION OF MAJOR INTEREST IN
--------------------------------------------------------------------------------------------------
1. Identity of the issuer or reach4entertainment enterprises
the underlying issuer plc
of existing shares to which
voting rights are
attached:
------------------------------------------------------------- -----------------------------------
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) Gate Ventures plc
subject to the
notification obligation:
----------------------------------------------------------- -------------------------------------
4. Full name of shareholder(s) Jim Nominees Ltd
(if different from 3.):
----------------------------------------------------------- -------------------------------------
5. Date of the transaction 25 July 2016
and date on
which the threshold is
crossed or
reached:
----------------------------------------------------------- -------------------------------------
6. Date on which issuer 25 July 2016
notified:
----------------------------------------------------------- -------------------------------------
7. Threshold(s) that is/are Above 19%
crossed or
reached:
----------------------------------------------------------- -------------------------------------
8. Notified details:
----------------------------------------------------------------------------------------------------------------------
A: Voting rights attached to shares
----------------------------------------------------------------------------------------------------------------------
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 % of voting
of of of shares voting rights
Shares Voting rights
Rights
------------- --------------- --------------- ------------- --------------------------- -------------------------
Direct Direct Indirect Direct Indirect
------------- ----------- ----------- ------------- ------------- ------------ ------------ -----------
GB00B1HLCW86 86,350,000 18.01% 91,150,000 91,150,000 0 19.01% 0%
--------------- --------------- ------------- ------------- ------------ ------------ -----------
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 Period may be
acquired if
the
instrument
is
exercised/
converted.
----------------- ------------- ------------------------------ ----------------------------- ---------------------
None
----------------- ------------- ------------------------------ ----------------------------- ---------------------
C: Financial Instruments with similar economic effect
to Qualifying Financial Instruments
----------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
----------------------------------------------------------------------------------------------------------------------
Type of Exercise Expiration Exercise/ Number of voting % of voting
financial price date Conversion rights instrument rights
instrument period refers to
--------------- ------------- ------------- --------------- ----------------------------- -----------------------
None Nominal Delta
--------------- ------------- ------------- --------------- ----------------------------- ------------ ---------
Total (A+B+C)
----------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
------------------------------------------------- -------------------------------------------------------------------
91,150,000 19.01%
------------------------------------------------- -------------------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
----------------------------------------------------------------------------
Proxy Voting:
----------------------------------------------------------------------------
10. Name of the proxy holder: N/A
------------------------------------------------------- -------------------
11. Number of voting rights proxy N/A
holder will cease
to hold:
------------------------------------------------------- -------------------
12. Date on which proxy holder will N/A
cease to hold
voting rights:
------------------------------------------------------- -------------------
13. Additional information:
------------------------------------------------------- -------------------
14. Contact name: Richard Carter CFO
------------------------------------------------------- -------------------
15. Contact telephone number: 07860 527 941
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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