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French Connection (FCCN)

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Friday 04 September, 2015

French Connection

Holding(s) in Company

RNS Number : 1507Y
French Connection Group PLC
04 September 2015
 

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES i
 

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii

French Connection 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

Gatemore Capital Management LLP

4. Full name of shareholder(s)

(if different from 3.): iv

Liad Meidar

GCM Partners I LP

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

1 September 2015

6. Date on which issuer notified:

3 September 2015

7. Threshold(s) that is/are crossed or

reached: vi, vii

6%

 

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

GB0033764746

0

0

5,837,000

0

5,837,000

0%

6.1%

 

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

5,837,000

6.1%

 

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

 

On the 1st September 2015 GCM Partners I LP purchased 1,000,000 shares and elected Gatemore Capital Management LLP as its nominated manager.

 

On the 1st September 2015, Liad Meidar elected for Gatemore Capital Management LLP to be Manager of his 4,837,000 shares (being Liad Meidar's entire shareholding in French Connection Group PLC as at that date).

 

Total shares under management:

 

Company

Shares

% of total shares

GCM Partners I LP

1,000,000

1

Liad Meidar

4,837,000

5.1

Total

5,837,000

6.1

 

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:

Liad Meidar

15. Contact telephone number:

0207 580 0300

 



 

Note: Annex should only be submitted to the FCA not the issuer

Annex: Notification of major interests in share


A: Identity of the persons or legal entity subject to the notification obligation

Full name

(including legal form of legal entities)

Gatemore Capital Management LLP

Contact address

(registered office for legal entities)

33 Cavendish Square, London W1G 0PW

Phone number & email

0207 580 0300

Other useful information

(at least legal representative for legal persons)




B: Identity of the notifier, if applicable

Full name


Contact address


Phone number & email


Other useful information

(e.g. functional relationship with the person or legal entity subject to the notification obligation)



C: Additional information


For notes on how to complete form TR-1 please see the FCA website.

 


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