Quindell PLC Notification of major interest in shares (8982Y)
September 14 2015 - 2:00AM
UK Regulatory
TIDMQPP
RNS Number : 8982Y
Quindell PLC
14 September 2015
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
-------------------------------------------------------------------------------------------
1. Identity of the issuer or the underlying QUINDELL PLC
issuer
of existing shares to which voting rights
are
attached: (ii)
-------------------------------------------------- ---------------------------------------
2 Reason for the notification (please tick the appropriate box or boxes):
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An acquisition or disposal of voting rights ü
----------------------------------------------------------------------------- ------------
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 BEACH POINT CAPITAL MANAGEMENT LP
to the
notification obligation: (iii)
-------------------------------------------- ---------------------------------------------
4. Full name of shareholder(s)
(if different from 3.):(iv)
-------------------------------------------- ---------------------------------------------
5. Date of the transaction and date 10 SEPTEMBER 2015
on
which the threshold is crossed
or
reached: (v)
-------------------------------------------- ---------------------------------------------
6. Date on which issuer notified: 11 SEPTEMBER 2015
-------------------------------------------- ---------------------------------------------
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 Situation previous Resulting situation after the triggering
of to the triggering transaction
shares transaction
if possible
using
the ISIN
CODE
------------- ------------------------------------ ------------------------------------------------------------------
Number Number Number Number of voting % of voting
of of of shares rights rights (x)
Shares Voting
Rights
------------- --------------- ------------------- ---------------- -------------------------- --------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
------------- --- ------- ------ ----- ---- ---------------- ----------- ------------- ------- -----------
GB00BMTS9H89 22,007,060 22,007,060 22,431,859 22,431,859 5.04
------------- --------------- ------------------- ---------------- ----------- ------------- ------- -----------
B: Qualifying Financial Instruments
-----------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
-----------------------------------------------------------------------------------------------------------------------
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date (xiii) Conversion Period rights that may rights
(xiv) be
acquired if the
instrument is
exercised/ converted.
--------------------- --------------- --------------------------- -------------------------- ----------------------
C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments (xv, xvi)
-----------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
-----------------------------------------------------------------------------------------------------------------------
Type of Exercise Expiration Exercise/ Number of voting % of voting
financial price date (xvii) Conversion rights instrument rights (xix,
instrument period refers to xx)
(xviii)
---------------- ------------ ------------- --------------- -------------------------- ---------------------------
Nominal Delta
---------------- ------------ ------------- --------------- -------------------------- ---------------- ---------
Total (A+B+C)
-----------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
-------------------------------------------------------------- -------------------------------------------------------
22,431,859 5.04
-------------------------------------------------------------- -------------------------------------------------------
9. Chain of controlled undertakings through which the voting rights and/or
the
financial instruments are effectively held, if applicable: (xxi)
--------------------------------------------------------------------------------
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:
---------------------------------------- --------------------------------------
14. Contact name: Khoa D. Le
---------------------------------------- --------------------------------------
15. Contact telephone number: +001 310 996 9657
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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