REG - W.H. Ireland Group - Holding(s) in Company <Origin Href="QuoteRef">WHI.L</Origin>

WH IrelandAnnouncement

06/09/2014 20:28

For best results when printing this announcement, please click on the link
below:

http://pdf.reuters.com/Regnews/regnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20140723:nRSW1565Na


RNS Number : 1565N
W.H. Ireland Group PLC
23 July 2014 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                                                                                                  
                                                                                                                                                                                                                    
 1. Identity of the issuer or the underlying issuer                                                                                                               WH Ireland Group PLC                              
 of existing shares to which voting rights are                                                                                                                                                                      
 attached:ii                                                                                                                                                                                                        
 2 Reason for the notification (please tick the appropriate box or boxes):                                                                                        
 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                                                       X                                                 
 An event changing the breakdown of voting rights                                                                                                                                                                   
 Other (please specify):                                                                                                                                                                                              
 3. Full name of person(s) subject to the                                                                                                                         Polygon Global Partners LLPReade Eugene Griffith  
 notification obligation:iii                                                                                                                                                                                        
 4. Full name of shareholder(s)                                                                                                                                   N/a                                               
  (if different from 3.):iv                                                                                                                                                                                         
 5. Date of the transaction and date on                                                                                                                           21 July 2014                                      
 which the threshold is crossed or                                                                                                                                                                                  
 reached:v                                                                                                                                                                                                          
 6. Date on which issuer notified:                                                                                                                                23 July 2014                                      
 7. Threshold(s) that is/are crossed or                                                                                                                           10%                                               
 reached: vi, vii                                                                                                                                                                                                   
                                                                                                                                                                                                                          
 
 
 8. Notified details:                                                                               
 A: Voting rights attached to sharesviii, ix                                                        
 Class/type of                                                                                      Situation previous           Resulting situation after the triggering transaction  
 shares                                                                                             to the triggering                                                                  
 if possible using                                                                                  transaction                                                                        
 the ISIN CODE                                                                                                                                                                         
 Number                                                                                             Number                       Number                                                Number of voting          % of  voting rights x                         
 of                                                                                                 of                           of shares                                             rights                                                                  
 Shares                                                                                             Voting                                                                                                                                                     
                                                                                                    Rights                                                                                                                                                     
 Direct                                                                                             Direct xi                    Indirect xii                                          Direct                    Indirect                                      
                                                                                                                                                                                                                                                                                                    
                                                                                                    
                                                                                                    
 B: Qualifying Financial Instruments                                                                
 Resulting situation after the triggering transaction                                               
 Type of financial                                                                                  Expiration                   Exercise/                                             Number of voting          % of voting                                   
 instrument                                                                                         date xiii                    Conversion Period xiv                                 rights that may be        rights                                        
                                                                                                                                                                                       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 financial                                                                                  Exercise price               Expiration date xvii                                  Exercise/                 Number of voting rights instrument refers to  % of voting rights xix, xx  
 instrument                                                                                                                                                                            Conversion period xviii                                                                             
 Contract for difference (GB0009241885)                                                                                                                                                                          2,405,928                                     Nominal                     Delta  
                                                                                                    10.08%                       
                                                                                                    
 Total (A+B+C)                                                                                      
 Number of voting rights                                                                            Percentage of voting rights  
 2,405,928                                                                                          10.08%                       
                                                                                                                                                                                                                                                                                                                      
 
 
 9. Chain of controlled undertakings through which the voting rights and/or the                                                                                                              
 financial instruments are effectively held, if applicable: xxi                                                                                                                              
 Reade Griffith holds a majority of the voting rights in Polygon Global Partners LLP.  Consequently, Polygon Global Partners LLP is a "controlled undertaking" in relation to Mr. Griffith.  
                                                                                                                                                                                             
 Proxy Voting:                                                                                                                                                                               
 10. Name of the proxy holder:                                                                                                                                                               N/a                                                                                                                                                                                                                        
 11. Number of voting rights proxy holder will cease                                                                                                                                         N/a                                                                                                                                                                                                                        
 to hold:                                                                                                                                                                                                                                                                                                                                                                                                               
 12. Date on which proxy holder will cease to hold                                                                                                                                           N/a                                                                                                                                                                                                                        
 voting rights:                                                                                                                                                                                                                                                                                                                                                                                                         
                                                                                                                                                                                             
 13. Additional information:                                                                                                                                                                 Polygon Global Partners LLP is the investment manager to a fund, Polygon European Equity Opportunity Master Fund, and a separate managed account that, between them, hold the positions referred to in this notification.  
 14. Contact name:                                                                                                                                                                           Benjamin Rah                                                                                                                                                                                                               
 15. Contact telephone number:                                                                                                                                                               +1 212 359 7356                                                                                                                                                                                                            
                                                                                                                                                                                                                                                                                                                                                                                                                          
 
 
This information is provided by RNS
The company news service from the London Stock Exchange