Brighton Pier Group Legal & General Grp - Holding(s) in Company
30/01/2020 18:13
RNS Number : 4976B
Brighton Pier Group PLC (The)
30 January 2020
30 January 2020
The Brighton Pier Group PLC
("Brighton Pier Group" or the "Company")
Delayed notification of major interest in shares
Set out below is the TR-1 notification of a major interest in shares in Brighton Pier Group in respect of Legal & General Group Plc, dated 12 November 2019. This notification was inadvertently not released at the relevant time due to administrative issues with the email account to which the notification was sent.
The Company apologises for the delayed announcement. The Company has reviewed its processes for receiving and announcing TR-1 notifications and taken steps to ensure timely release.
TR-1: Standard form for notification of major holdings
| NOTIFICATION OF MAJOR HOLDINGS(to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i | ||||||
| 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: | The Brighton Pier Group Plc 213800ANI1ZZB7UCUW02 | |||||
| 1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate) | ||||||
| Non-UK issuer | ||||||
| 2. Reason for the notification(please mark the appropriate box or boxes with an "X") | ||||||
| An acquisition or disposal of voting rights | X | |||||
| An acquisition or disposal of financial instruments | ||||||
| An event changing the breakdown of voting rights | ||||||
| Other (please specify)iii: | ||||||
| 3. Details of person subject to the notification obligationiv | ||||||
| Name | Legal & General Group Plc (Group) Legal & General Investment Management Limited (LGIM) Legal & General (Unit Trust Managers) Limited (UTM) | |||||
| City and country of registered office (if applicable) | 1 Coleman St, London EC2R 5AA | |||||
| 4. Full name of shareholder(s)(if different from 3.)v | ||||||
| Name | Legal & General Assurance Society (LGAS) | |||||
| City and country of registered office (if applicable) | 1 Coleman St, London EC2R 5AA | |||||
| 5. Date on which the threshold was crossed or reachedvi: | 11th November 2019 | |||||
| 6. Date on which issuer notified (DD/MM/YYYY): | 12th November 2019 | |||||
| 7. Total positions of person(s) subject to the notification obligation | ||||||
| % of voting rights attached to shares (total of 8. A) | % ofvoting rights throughfinancial instruments (total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights of issuervii | |||
| Resulting situation on the date on which threshold was crossed or reached | Below 5% (LGIM) | - | Below 5% (LGIM) | 37,286,284 | ||
| Position of previous notification (if applicable) | 9.94% (LGIM) | - | 9.94% (LGIM) | |||
| Resulting situation on the date on which threshold was crossed or reached | Below 5% (UTM) | Below 5% (UTM) | 37,286,284 | |||
| Position of previous notification (if applicable) | 8.16% (UTM) | 8.16% (UTM) | ||||
| 8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii | |||||||||
| A: Voting rights attached to shares | |||||||||
| Class/type of shares ISIN code (if possible) | Number of voting rightsix | % of voting rights | |||||||
| Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | ||||||
| ORD GBP 0.01 | - | 1,668,519 (LGIM) | - | 4.47% (LGIM) | |||||
| ORD GBP 0.01 | - | 1,002,148 (UTM) | - | 2.68% (UTM) | |||||
| SUBTOTAL 8. A | 1,668,519 | 4.47% | |||||||
| B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a)) | |||||||||
| Type of financial instrument | Expiration datex | Exercise/ Conversion Periodxi | Number of voting rights that may be acquired if the instrument is exercised/converted. | % of voting rights | |||||
| SUBTOTAL 8. B 1 | |||||||||
| B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) | |||||||||
| Type of financial instrument | Expiration datex | Exercise/ Conversion Periodxi | Physical or cash settlementxii | Number of voting rights | % of voting rights | ||||
| SUBTOTAL 8.B.2 | |||||||||
| 9. Information in relation to the person subject to the notification obligation(please mark the applicable box with an "X") | |||||
| Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii | |||||
| Fullchain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv(please add additional rows as necessary) | x | ||||
| Namexv | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold | ||
| Legal & General Group (Direct/Indirect) | Below 5% | Below 5% | |||
| Legal & General Investment Management (Holdings) Limited (Direct/Indirect) | Below 5% | Below 5% | |||
| Legal & General Group (Direct) | Below 3% | Below 3% | |||
| Legal & General Assurance Society (Direct) | Below 3% | Below 3% | |||
| Legal & General Group (Direct/Indirect) | Below 5% | Below 5% | |||
| Legal & General Investment Management (Holdings) Limited (Direct/Indirect) | Below 5% | Below 5% | |||
| Legal & General Group (Direct) | Below 3% | Below 3% | |||
| Legal & General Assurance (Pensions Management) Limited (Direct) | Below 3% | Below 3% | |||
| Legal & General Group (Direct/Indirect) | Below 5% | Below 5% | |||
| Legal & General Investment Management (Holdings) Limited (Direct/Indirect) | Below 5% | Below 5% | |||
| Legal & General Investment Management Limited (Indirect) | Below 5% | Below 5% | |||
| Legal & General Group (Direct/Indirect) | Below 5% | Below 5% | |||
| Legal & General Investment Management (Holdings) Limited (Direct/Indirect) | Below 5% | Below 5% | |||
| Legal & General (Unit Trust Managers) Limited (Indirect) | Below 5% | Below 5% | |||
| Legal & General Group (Direct/Indirect) | Below 5% | Below 5% | |||
| Legal & General Investment Management (Holdings) Limited (Direct/Indirect) | Below 5% | Below 5% | |||
| Go ETF | Below 5% | Below 5% | |||
| 10.In case of proxy voting, please identify: | |||||
| Name of the proxy holder | N/A | ||||
| The number and % of voting rights held | N/A | ||||
| The date until which the voting rights will be held | N/A | ||||
| 11. Additional informationxvi | |||||
| Notification using the total voting rights figure of 37,286,284 | |||||
| Place of completion | Brunel House, 2 Fitzalan Road, Cardiff, CF24 0EB |
| Date of completion | 12/11/2019 |
| Enquiries: | |
| The Brighton Pier Group | Tel: 020 7376 6300 |
| Luke Johnson, Chairman | Tel: 020 7016 0700 |
| Anne Ackord, Chief Executive Officer | Tel: 01273 609361 |
| John Smith, Chief Financial Officer | Tel: 020 7376 6300 |
| Panmure Gordon (UK) Limited(Nominated Adviser and Joint Broker) | Tel: 020 7886 2500 |
| Corporate Finance | |
| Atholl Tweedie | |
| Corporate Broking | |
| Charles Leigh-Pemberton | |
| Arden Partners plc (Joint Broker) | Tel: 020 7614 5900 |
| Corporate Finance | |
| John Llewellyn-Lloyd / Benjamin Cryer | |
| Investor Relations | |
| Sarah-Jane Woodcock / Charlotte Ridler |