RNS Number : 4827I
Hastings Group Holdings plc
19 June 2017
 

 



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

Hastings Group Holdings 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


Other (please specify):

Conversion of indirect shareholdings through Hastings Investco Limited into direct shareholdings in Hastings Group Holdings plc. 

ü

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

The Goldman Sachs Group, Inc.

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

Goldman Sachs International

Goldman Sachs & Co. LLC

Hastings A, L.P.

Hastings B, L.P.

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

9 June 2017

6. Date on which issuer notified:

13 June 2017

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

Every percentage between 19% and 16% (inclusive)



 

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

GB00BYRJH519

127,558,950

127,558,950



101,079,544


15.38%


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

Stock Loan (Physical)

Open


1,148

0.0002%


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

101,080,692

15.38%



 

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

 

Goldman Sachs International is Controlled by Goldman Sachs Group UK Limited, which is Controlled by Goldman Sachs (UK) L.L.C., which is Controlled by The Goldman Sachs Group, Inc.

 

The Goldman Sachs Group, Inc. is the sole voting, but non-managing, member of Broad Street Control Advisors L.L.C.

 

Broad Street Control Advisors L.L.C. is managed by Goldman Sachs & Co. LLC. Goldman Sachs & Co. LLC is wholly-owned by The Goldman Sachs Group, Inc.

 

Broad Street Control Advisors, L.L.C. is the general partner of each of Hastings A, L.P. and Hastings B, L.P., and holds all voting interests in both Hastings A, L.P. and Hastings B, L.P..

 

Each of Goldman Sachs & Co. LLC, Hastings A, L.P. and Hastings B, L.P. holds voting rights in Hastings Group Holdings plc directly as direct shareholders of Hastings Group Holdings plc.

 


Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will cease
to hold:

N/A

12. Date on which proxy holder will cease to hold
voting rights:

N/A

 

 

 


13. Additional information:

 

Please note, total amount of voting rights have been rounded to 2 decimal places therefore there is a possibility of a rounding error.

 

General email contact:

shareholderdisclosures@gs.com

 

14. Contact name:

Joanna Foley

15. Contact telephone number:

+44 207 051 9996

 


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