The following notification was received today by William Hill PLC, relating to a major interest in shares of William Hill PLC.
Tom Fuller
Assistant Company Secretary
28 November 2016
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached:
William Hill Plc
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
An event changing the breakdown of voting rights
ü
Other (please specify):
3. Full name of person(s) subject to thenotification obligation:
Parvus Asset Management Europe Limited
4. Full name of shareholder(s) (if different from 3.):
Parvus Asset Management Europe Limited has been appointed as Investment Manager a number of funds and managed accounts. Under the terms of the various investment management agreements, Parvus Asset Management Europe Limited holds the power to vote any physical shareholdings held by these clients.
5. Date of the transaction and date onwhich the threshold is crossed orreached:
24/11/2016
6. Date on which issuer notified:
28/11/2016
7. Threshold(s) that is/are crossed orreached:
Going above 15%
8. Notified details:
A: Voting rights attached to shares
Class/type ofshares
if possible usingthe ISIN CODE
Situation previousto the triggeringtransaction
Resulting situation after the triggering transaction
NumberofShares
NumberofVotingRights
Numberof shares
Number of votingrights
% of voting rights
Direct
Indirect
-
B: Qualifying Financial Instruments
Type of financialinstrument
Expirationdate
Exercise/Conversion Period
Number of votingrights that may beacquired if theinstrument isexercised/ converted.
% of votingrights
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Exercise price
Expiration date
Exercise/Conversion period
Number of voting rights instrument refers to
Equity Swap
N/A
30/11/2016
31,257,965
Nominal
Delta
3.61
30/06/2017
1,326,383
0.15
02/07/2018
1,245,253
0.14
11/07/2018
48,795,606
5.63
08/08/2018
1,867,680
0.22
5/11/2018
3,071,008
0.35
23/11/2018
871,117
0.10
26/11/2018
41,584,150
4.80
Total (A+B+C)
Number of voting rights
Percentage of voting rights
130,019,162
15.00
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable:
Parvus Asset Management Europe Limited is controlled by Parvus Asset Management Limited and Oakentree Limited.
Parvus Asset Management Limited is in turn controlled by Parvus Asset Management (Cayman) Limited, which is controlled by Edoardo Mercadante.
Oakentree Limited is in turn controlled by Mads Gensmann.
Messrs Mercadante and Gensmann are directors of Parvus Asset Management Limited, which under the terms of the various investment management agreements, holds the power to vote on any physical shareholdings held by the funds and managed accounts.
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will ceaseto hold:
12. Date on which proxy holder will cease to holdvoting rights:
13. Additional information:
14. Contact name:
Angus Milne
15. Contact telephone number:
0207 440 2330