Picture of Frasers logo

FRAS Frasers News Story

0.000.00%
gb flag iconLast trade - 00:00
Consumer CyclicalsBalancedLarge CapSuper Stock

REG - Findel PLC Sports Direct Intl. - Holding(s) in Company <Origin Href="QuoteRef">FDL.L</Origin> <Origin Href="QuoteRef">SPD.L</Origin>

RNS Number : 4765A
Findel PLC
29 September 2015

29 September 2015

Findel plc (the "Company")

Holding(s) in Company

The Company has received notification from Sports Direct International PLC of its acquisition of a major interest in the shares of the Company. Copies of the details notified are attached to this announcement.

Findel also takes this opportunity to announce that since completing the strategic review of its sports retailing business, Kitbag, the Company has subsequently received an approach for the business from a third party and has agreed terms subject to contract. However, there can be no certainty that a deal will be reached.

--End --

Enquiries

Findel plc
Tim Kowalski, Finance Director
0161 303 3465

Tulchan Communications LLP
Stephen Malthouse / Will Smith
020 7353 4200



TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi



1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:
ii

Findel plc

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 to the
notification obligation:
iii

Sports Direct International plc

4. Full name of shareholder(s)
(if different from 3.):iv


5. Date of the transaction and date on
which the threshold is crossed or
reached:
v

25 September 2015

6. Date on which issuer notified:

28 September 2015

7. Threshold(s) that is/are crossed or
reached:
vi, vii

3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17 & 18%



8. Notified details:

A: Voting rights attached to sharesviii, ix

Class/type of
shares


if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

Ordinary

GB00B8B4R053

0

0

16,361,597

16,361,597

n/a

18.93%

n/a



B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date
xiii

Exercise/
Conversion Period
xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/converted.

% of voting
rights

N/A






C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration dates xvii

Exercise/
Conversion period
xviii

Number of voting rights instrument refers to

% of voting rights xix, xx






Nominal

Delta




Total (A+B+C)

Number of voting rights

Percentage of voting rights

16,361,597

18.93%

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
xxi

N/A


Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will cease
to hold:

N/A

12. Date on which proxy holder will cease to hold
voting rights:

N/A



13. Additional information:

Sports Direct International plc

14. Contact name:

Cameron Olsen

15. Contact telephone number:

0845 1299 200


This information is provided by RNS
The company news service from the London Stock Exchange
END
HOLUWAORVNAKUUR

Recent news on Frasers

See all news