Crystal Amber Fund : TR-1 Notification of Major Interest in Johnston Press Plc
February 21, 2017 at 02:02 am IST
Share
For filings with the FCA include the annex
For filings with issuer exclude the annex
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
Johnston Press Ord 1p
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
YES
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
NO
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
NO
An event changing the breakdown of voting rights
NO
Other (please specify):
NO
3. Full name of person(s) subject to the notification obligation: iii
Crystal Amber Fund Limited
4. Full name of shareholder(s)
(if different from 3.):iv
HSBC Global Custody Nominee (UK) Limited
5. Date of the transaction and date on which the threshold is crossed or reached: v
15/02/2017
6. Date on which issuer notified:
16/02/2017
7. Threshold(s) that is/are crossed or reached: vi,vii
21%
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
Ord 1p GB00BRKY334
21,217,184
21,217,184
22,848,184
22,848,184
21.36%
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument
Expiration datexiii
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 datexvii
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
22,848,184
21.36%
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:
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:
Calculation based on Total Voting Rights figure of 106,983,377
14. Contact name:
Pat Ogier
15. Contact telephone number:
01481 704613
Crystal Amber Fund Ltd. published this content on 16 February 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 20 February 2017 20:32:08 UTC.
Original documenthttp://crystalamber.com/home
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Crystal Amber Fund Limited is a closed-ended activist fund. The objective of the Company is to provide its shareholders with an attractive total return, which is expected to comprise primarily capital growth but with the potential for distributions from realized distributable reserves, including distributions arising from the realization of investments, if this is considered to be in the interests of its shareholders. The Company focuses on investing in companies which it considers are undervalued and will aim to promote measures to correct the undervaluation. It invests in a concentrated portfolio of undervalued companies predominantly listed on the United Kingdom markets, and which have a typical market capitalization of between £100 million and £1 billion. The Company and its advisers also engage with the management of those companies with a view to enhancing value for all their shareholders. Crystal Amber Asset Management (Guernsey) Limited is its investment manager.