M&C Saatchi PLC Holding(s) in Company (1911I)
15 June 2017 - 7:57PM
UK Regulatory
TIDMSAA
RNS Number : 1911I
M&C Saatchi PLC
15 June 2017
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
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1. Identity of the issuer or M&C Saatchi 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):
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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
------------------------------------------------------------------ ---------------------------------
An event changing the breakdown of voting rights x
------------------------------------------------------------------ ---------------------------------
Other (please
specify):
--------------------------------------------------------- ------- ---------------------------------
3. Full name of person(s) Paradice Investment Management
subject to the Pty Ltd
notification obligation: PIM US Pty Ltd
(iii) Paradice Investment Management
LLC
----------------------------------------------------------- ----------------------------------------
4. Full name of shareholder(s) StateStreet Nominees
(if different from 3.):(iv) Chase Nominees
The Bank of New York (Nominees)
Ltd.
Vidacos Nominees Limited
BNP Paribas Nominees
----------------------------------------------------------- ----------------------------------------
5. Date of the transaction 13 June 2017
and date on
which the threshold is
crossed or
reached: (v)
----------------------------------------------------------- ----------------------------------------
6. Date on which issuer 14 June 2017
notified:
----------------------------------------------------------- ----------------------------------------
7. Threshold(s) that is/are Going beneath 12%
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 % of voting
of of of shares voting rights (x)
Shares Voting rights
Rights
------------- ---------------- ---------------- -------------- ------------------------ -------------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
------------- ------------ ------------ -------------- --------- ------------- ------------ -----------
GB00B01F7T14 0 0 0 11.89%
-------------- --------- ------------- ------------ -----------
9,293,985 9,293,985 9,293,985
------------- ---------------- ---------------- ------------ ------- ------------- -------- ---------
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.
----------------- -------------- -------------------------------- -------------------------- ---------------------
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 Conversion rights instrument rights (xix,
instrument (xvii) period refers to xx)
(xviii)
--------------- -------------- -------------- ---------------- -------------------------- -----------------------
Nominal Delta
--------------- -------------- -------------- ---------------- -------------------------- ------------ ---------
Total (A+B+C)
----------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
--------------------------------------------------- -----------------------------------------------------------------
9,293,985 11.89%
--------------------------------------------------- -----------------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
--------------------------------------------------------------
Paradice Investment Management LLC is an investment
management entity that manages the assets of certain
funds and/or managed accounts and the assets under its
management include the shares described in Box 8A of
this notification. Paradice Investment Management LLC
is a direct controlled undertaking of PIM US Pty Ltd.
PIM US Pty Ltd. Is a direct controlled undertaking of
Paradice Investment Management Pty Ltd.
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:
------------------------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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