REG - Shawbrook Group PLC - TR-1: Notification of Major Interest in Shares <Origin Href="QuoteRef">SHAW.L</Origin>

ShawbrookAnnouncement

26/06/2017 10:20

RNS Number : 1488J
Shawbrook Group PLC
26 June 2017
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
Shawbrook Group 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
x
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the
notification obligation:iii
MVN Asset Management PLC
4. Full name of shareholder(s)
(if different from 3.):iv
MVN Event Driven Master Fund Limited
Maven Investment Partners Ltd
(clients of MVN Asset Management Limited - discretionary management )
5. Date of the transaction and date on
which the threshold is crossed or
reached:v
22/06/2017
6. Date on which issuer notified:
26/06/2017
7. Threshold(s) that is/are crossed or
reached: vi, vii
3%
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
GB00BWDPMF43
0
0
3,812,746
3,812,746
1.52%
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
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 date xvii
Exercise/
Conversion period xviii
Number of voting rights instrument refers to
% of voting rights xix, xx
Swap
n/a
29/03/2018 
3,880,267
Nominal
Delta
1.55%
1.00
Swap
n/a
21/04/2027 
123,117
Nominal
Delta
0.05%
1.00
Total (A+B+C)
Number of voting rights
Percentage of voting rights
7,816,130
3.12
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi
The beneficial owners of the shares/ financial Instruments with similar economic effect to Qualifying Financial Instruments are Maven Investment Partners Ltd and MVN Event Driven Master Fund Limited respectively, which are both managed under a discretionary management agreement by MVN Asset Management Limited. The shares/ financial Instruments with similar economic effect to Qualifying Financial Instruments are held by the prime broker of MVN Event Driven Master Fund Limited, Merrill Lynch International and by the prime broker of Maven Investment Partners Ltd, ABN Amro Clearing NV. As a result, we have classified the voting rights in section 8A above as 'indirect'.
Proxy Voting:
10. Name of the proxy holder:
ABN Amro Clearing NV
Merrill Lynch International
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:

14. Contact name:
Raphael Kain
Peter Teng
15. Contact telephone number:
+44 20 3005 3780
+44 20 3876 8718

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