REG - SSP Group PLC - TR1 Notification of major interest in shares
RNS Number : 6990OSSP Group PLC03 October 2019LEI: 213800QGNIWTXFMENJ24
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:
SSP Group Plc
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
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
X
Other (please specify)iii:
3. Details of person subject to the notification obligationiv
Name
Marathon Asset Management LLP
City and country of registered office (if applicable)
London, UK
4. Full name of shareholder(s) (if different from 3.)v
Name
See attached breakdown
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reachedvi:
01 October 2019
6. Date on which issuer notified (DD/MM/YYYY):
02 October 2019
7. Total positions of person(s) subject to the notification obligation
% of voting rights attached to shares (total of 8. A)
% of voting rights through financial 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
5.43%
0
5.43%
444,852,520
Position of previous notification (if
applicable)
4.97%
0
4.97%
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
sharesISIN 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)
Ordinary shares
ISIN: GB00BGBN7C04
24,167,130
5.43
SUBTOTAL 8. A
24,167,130
5.43
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
datexExercise/
Conversion PeriodxiNumber of voting rights that may be acquired if the instrument is
exercised/converted.
% of voting rights
N/A
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
datexExercise/
Conversion Period xiPhysical or cash
settlementxii
Number of voting rights
% of voting rights
N/A
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
X
Full chain 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)
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
10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional informationxvi
Breakdown of shares controlled by Marathon Asset Management LLP:
Custodian
Nominal
Bank of America Merrill Lynch
419,163
Bank of New York Mellon
4,564,448
BNP Paribas
18,043
Brown Brothers Harriman
14,186
JP Morgan Chase
647,612
Northern Trust
10,183,170
Royal Bank of Canada
18,045
State Street Bank & Trust Company, Boston
10,485,508
Total
26,350,175
The shares referred to in this disclosure correspond to a number of funds and accounts managed by portfolio managers under the control of Marathon Asset Management LLP. The provided breakdown of holdings refer to the total number of shares in the issuer controlled by Marathon Asset Management LLP but the firm only has authority to vote in connection with 24,167,130 shares.
Place of completion
London, UK
Date of completion
2 October 2019
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.ENDHOLZMMGGKFVGLZM
Recent news on SSP
See all newsREG - SSP Group PLC - Director/PDMR Shareholding
AnnouncementREG - SSP Group PLC - Director/PDMR Shareholding
AnnouncementREG - SSP Group PLC - Acquisition of Australian Airport F&B Operator
AnnouncementREG - SSP Group PLC - Director/PDMR Shareholding
AnnouncementREG - SSP Group PLC - Result of AGM
Announcement