Action Hotels PLC Holding(s) in Company (4673Z)
March 14 2017 - 12:30PM
UK Regulatory
TIDMAHCG TIDMLGEN
RNS Number : 4673Z
Action Hotels PLC
14 March 2017
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
----------------------------------------------------------------------------------------------
1. Identity of the issuer or ACTION HOTELS PLC
the underlying 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 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.
--------------------------------------------------------------- -----------------------------
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) Legal & General Group Plc
subject to the (Group)
notification obligation: Legal & General (Unit Trust
Managers) Limited (UTM)
Legal & General Investment
Management Limited (LGIM)
---------------------------------------------------------- ----------------------------------
4. Full name of shareholder(s) N/A
(if different from 3.):
---------------------------------------------------------- ----------------------------------
13 March 2017
5. Date of the transaction
and date on
which the threshold is
crossed or
reached:
---------------------------------------------------------- ----------------------------------
6. Date on which issuer 14 March 2017
notified:
---------------------------------------------------------- ----------------------------------
7. Threshold(s) that is/are
crossed or
reached: LGIM (Above 5%) UTM (Above
5%)
---------------------------------------------------------- ----------------------------------
8. Notified details:
----------------------------------------------------------------------------------------------------------------------------------------------------
A: Voting rights attached to shares
----------------------------------------------------------------------------------------------------------------------------------------------------
Class/type Situation previous Resulting situation after the
of to the triggering triggering transaction
shares transaction
if possible
using
the ISIN
CODE
---------------------------- -------------------------------------------------------- ------------------------------------------------------------
Number Number Number of voting % of voting
of of rights rights
Shares Voting
Rights
---------------------------- ---------------------------- -------------------------- ------------------------- -------------------
Number Direct Indirect Direct Indirect
of shares
---------------------------- -------------------------- ------------------------- ------------ ------------ ----------- -------- ---------
LGIM
First Notification
Under DTR Source
ORD GBP0.10 Book 7,763,720 - 7,763,720 - 5.25%
---------------------------- -------------------------------------------------------- ------------ ------------ ----------- -------- ---------
UTM
First Notification
Under DTR Source
Book 7,763,720 - 7,763,720 - 5.25%
-------------------------------------------------------- ------------ ------------ ----------- -------- ---------
B: Qualifying Financial Instruments
----------------------------------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
----------------------------------------------------------------------------------------------------------------------------------------------------
Number of voting
Type of financial Expiration Exercise/ rights that % of voting
instrument date Conversion may be rights
Period acquired if
the
instrument
is
exercised/
converted.
------------------------------ --------------------------- --------------------------------------- ------------------------- -------------------
C: Financial Instruments with similar economic effect
to Qualifying Financial Instruments
----------------------------------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
----------------------------------------------------------------------------------------------------------------------------------------------------
Type of financial Exercise Expiration Exercise/ Number of % of voting
instrument price date Conversion voting rights
period rights
instrument
refers to
----------------------------- --------------------------- -------------------------- ------------ ------------ --------------------------------
Nominal Delta
----------------------------- --------------------------- -------------------------- ------------ ------------ --------------------- ---------
Total (A+B+C)
----------------------------------------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
-------------------------------------------------------------------------------------- ------------------------------------------------------------
LGIM
(7,763,720) 5.25%
-------------------------------------------------------------------------------------- ------------------------------------------------------------
UTM
(7,763,720) 5.25%
-------------------------------------------------------------------------------------- ------------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
--------------------------------------------------------------------------------------------------------------------
Legal & General Group Plc (Direct and
Indirect) (Group) ( 7,763,720 -5.25% =
Total Position)
Legal & General Investment Management
(Holdings) Limited (LGIMH) (Direct and
Indirect) ( 7,763,720
- 5.25% = Total Position)
Legal & General Investment Management
Limited (Indirect) (LGIM) ( 7,763,720 -
5.25% = Total
Position)
Legal & General (Unit Trust Managers)
Limited ( 7,763,720 - 5.25% = UTM)
Legal & General Group Plc (Direct) (L&G)
Legal & General Investment Management Legal & General Insurance Holdings Limited
(Holdings) Limited (Direct) (LGIMHD) (Direct) (LGIH) (LGAS)
Legal & General Assurance (Pensions Legal & General Assurance Society Limited
Management) Limited (PMC) (LGAS)
Proxy Voting:
--------------------------------------------------------------------------------------------------------------------
10. Name of the proxy holder: N/A
----------------------------------------------------------------------------- -------------------------------------
11. Number of voting rights proxy N/A
holder will cease
to hold:
----------------------------------------------------------------------------- -------------------------------------
12. Date on which proxy holder will N/A
cease to hold
voting rights:
----------------------------------------------------------------------------- -------------------------------------
Notification using the total
13. Additional information: voting rights figure of 147,637,195
----------------------------------------------------------------------------- -------------------------------------
14. Contact name: Victoria Davies (LGIM)
----------------------------------------------------------------------------- -------------------------------------
15. Contact telephone number: 029 2035 4147
----------------------------------------------------------------------------- -------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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