RNS Number : 0369Y
Foxtons Group PLC
26 November 2014
 



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

Foxtons 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


An event changing the breakdown of voting rights


Other (please specify):



3. Full name of person(s) subject to the
notification obligation: iii

Select Equity Group, L.P.

George Loening

4. Full name of shareholder(s)
 (if different from 3.):iv

Cooper Square Offshore Master Fund, Ltd.

Cooper Square Fund, L.P.

Baxter Street Offshore Master Fund, Ltd.

Baxter Street Fund, L.P.

Baxter Street Fund II, L.P.

Select International ELS Master Fund, Ltd. 

Kemnay Baxter Limited

Ensign Peak Advisors Inc.

The Ohio State University

The Citigroup Pension Plan

 

5. Date of the transaction and date on
which the threshold is crossed or
reached: v

20 November 2014

6. Date on which issuer notified:

24 November 2014

7. Threshold(s) that is/are crossed or
reached: vi, vii

5%


 

8. Notified details:

A: Voting rights attached to shares viii, 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

GB00BCKFY513


13,494,977



14,465,687


5.13%



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

 





 

 

Nominal

Delta




Total (A+B+C)

Number of voting rights

Percentage of voting rights

14,465,687

5.13%


 

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

 

George Loening is the ultimate majority owner of Select Equity Group, L.P. The position that is the subject of this disclosure is held through a number of funds and managed accounts which are managed on a discretionary basis by Select Equity Group, L.P.


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:

Tracy J. Thomas

15. Contact telephone number:

+1 (212) 601 9691

 


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