PENDRAGON PLC - Holding(s) in Company

PR Newswire

London, July 8

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:		 PENDRAGON PLC
2 Reason for the notification:
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:		 ODEY ASSET MANAGEMENT LLP
4. Full name of shareholder(s)
 (if different from 3.):
5. Date of the transaction and date on
which the threshold is crossed or
reached:		 07 JULY 2016
6. Date on which issuer notified: 08 JULY 2016
7. Threshold(s) that is/are crossed or
reached:		 ABOVE 17%

   

8. Notified details:
A: Voting rights attached to shares
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
Direct Direct Indirect Direct Indirect
Ordinary Share
(GB00B1JQBT10)		 219,552,086 219,552,086 219,961,828 219,961,828 15.125%
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial
instrument		 Expiration
date 		Exercise/
Conversion Period 		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
Resulting situation after the triggering transaction
Type of financial
instrument		 Exercise price Expiration date Exercise/
Conversion period 		Number of voting rights instrument refers to % of voting rights
Contract for Difference (CFD) 27,563,185 Nominal Delta
1.895%
Total (A+B+C)
Number of voting rights Percentage of voting rights
247,525,013        17.02%

   

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

Odey Allegra International Fund holds 4.83%. All other Funds hold less than 3%.
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease
to hold:
12. Date on which proxy holder will cease to hold
voting rights:

13. Additional information:
 
14. Contact name: RICHARD MALONEY, Group Legal Advisor
15. Contact telephone number: 01623 725 119