TIDMLAD
RNS Number : 0156B
Ladbrokes plc
19 October 2009
?
TR-1:notification of major interests in shares
+------------------------------------------------+-----------------------+---------+
| 1. Identity of the issuer or the underlying | Ladbrokes plc |
| issuer of existing shares to which voting | |
| rights are attached: | |
+------------------------------------------------+---------------------------------+
| 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 financial instruments which may result | |
| in the acquisition of shares already issued to which voting rights are | |
| attached | |
+------------------------------------------------------------------------+---------+
| An event changing the breakdown of voting rights | |
+------------------------------------------------------------------------+---------+
| Other (please specify): | |
+------------------------------------------------------------------------+---------+
| 3. Full name of person(s) subject to the | Eminence Capital, LLC |
| notification obligation: | Ricky C. Sandler |
+------------------------------------------------+---------------------------------+
| 4. Full name of shareholder(s) (if different | Goldman Sachs & Co |
| from 3.): | Vidacos Nominees Limited |
+------------------------------------------------+---------------------------------+
| 5. Date of the transaction (and date on which | 14 October 2009 |
| the threshold is crossed or reached if | |
| different): | |
+------------------------------------------------+---------------------------------+
| 6. Date on which issuer notified: | 16 October 2009 |
+------------------------------------------------+---------------------------------+
| 7. Threshold(s) that is/are crossed or | 8% |
| reached: | |
+------------------------------------------------+---------------------------------+
| 8. Notified details: | |
+------------------------------------------------+-----------------------+---------+
+---------------+-------------+-------------+-------------+-----------+-------------+----------+-----------+
| A: Voting rights attached to shares |
+----------------------------------------------------------------------------------------------------------+
| Class/type | Situation previous | Resulting situation after the triggering transaction |
| of shares | to the Triggering | |
| if | transaction | |
| possible | | |
| using the | | |
| ISIN CODE | | |
+ +---------------------------+--------------------------------------------------------------+
| | Number of | Number | Number of | Number of voting | % of voting rights |
| | Shares | of | shares | rights | |
| | | Voting | | | |
| | | Rights | | | |
+ + + +-------------+-------------------------+----------------------+
| | | | | Direct | Indirect | Direct | Indirect |
+---------------+-------------+-------------+-------------+-----------+-------------+----------+-----------+
| Eminence Capital, LLC |
+----------------------------------------------------------------------------------------------------------+
| Ordinary | 31,075,002 | 31,075,002 | 32,289,897 | | 32,289,897 | | 5.37% |
| Shares | | | | | | | |
| GB00B0ZSH635 | | | | | | | |
| | | | | | | | |
+---------------+-------------+-------------+-------------+-----------+-------------+----------+-----------+
| Ricky C. Sandler |
+----------------------------------------------------------------------------------------------------------+
| Ordinary | 31,078,202 | 31,078,202 | 32,293,097 | | 32,293,097 | | 5.37% |
| Shares | | | | | | | |
| GB00B0ZSH635 | | | | | | | |
+---------------+-------------+-------------+-------------+-----------+-------------+----------+-----------+
+----------------+--------------+----------------+--------------------+--------------+
| B: Financial Instruments |
+------------------------------------------------------------------------------------+
| Resulting situation after the triggering transaction |
+------------------------------------------------------------------------------------+
| Type of | Expiration | Exercise/ | Number of voting | % of voting |
| financial | date | Conversion |rights that may be | rights |
| instrument | | Period/ Date | acquired if the | |
| | | | instrument is | |
| | | | exercised/ | |
| | | | converted. | |
+----------------+--------------+----------------+--------------------+--------------+
| Eminence Capital, LLC |
+------------------------------------------------------------------------------------+
| Nil Paid | 23 October | 23 October | 19,350,103 | 3.21% |
| Rights | 2009 | 2009 | | |
+----------------+--------------+----------------+--------------------+--------------+
| Ricky C. Sandler |
+------------------------------------------------------------------------------------+
| Nil Paid | 23 October | 23 October | 19,351,703 | 3.21% |
| Rights | 2009 | 2009 | | |
+----------------+--------------+----------------+--------------------+--------------+
+--------------------------------------+------------------------------------------+
| Total (A+B) |
+---------------------------------------------------------------------------------+
| Number of voting rights | % of voting rights |
| | |
+--------------------------------------+------------------------------------------+
| Eminence Capital, LLC |
+---------------------------------------------------------------------------------+
| 51,640,000 | 8.58% |
+--------------------------------------+------------------------------------------+
| Ricky C. Sandler |
+---------------------------------------------------------------------------------+
| 51,644,800 | 8.58% |
+--------------------------------------+------------------------------------------+
+--------------------------------------------------------------------------------+
| 9. Chain of controlled undertakings through which the voting rights and/or the |
| financial instruments are effectively held, if applicable: |
+--------------------------------------------------------------------------------+
| Ricky C. Sandler is the Managing Member of Eminence Capital, LLC and therefore |
| may be deemed to |
| have indirect voting power with respect to the shares directly owned by the |
| funds managed by |
| Eminence Capital, LLC, and individually with respect to shares over which Mr. |
| Sandler has investment |
| discretion. |
+--------------------------------------------------------------------------------+
+-------------------------------------------------+--------------------------------+
| Proxy Voting: |
+----------------------------------------------------------------------------------+
| 10. Name of the proxy holder: | N/A |
+-------------------------------------------------+--------------------------------+
| 11. Number of voting rights proxy holder will | N/A |
| cease to hold: | |
+-------------------------------------------------+--------------------------------+
| 12. Date on which proxy holder will cease to | N/A |
| hold voting rights: | |
+-------------------------------------------------+--------------------------------+
+---------------------------------+------------------------------------------------+
| 13. Additional information: | |
+---------------------------------+------------------------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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