Brit PLC Holding(s) in Company (0041E)

TIDMBRIT
RNS Number : 0041E
Brit PLC
03 April 2014
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or the underlying       Brit PLC 
  issuer 
  of existing shares to which voting rights 
  are 
  attached: (ii) 
------------------------------------------------  ---------------------------------- 
 2 Reason for the notification (please tick the appropriate box or boxes): 
------------------------------------------------------------------------------------ 
 An acquisition or disposal of voting rights                                    P 
---------------------------------------------------------------------------  ------- 
 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                                       Apollo Management VII, L.P. 
  notification obligation: (iii) 
------------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s)              AIF VII Euro Holdings, L.P. 
  (if different from 3.):(iv)                 AP Helios Co-Invest, L.P. 
                                              AP Selene Co-Invest, L.P. 
                                              AP Achilles Holdings (EH-1), LLC 
                                              AP Achilles Holdings (EH-2), LLC 
                                              AP Achilles Holdings (EH-3), LLC 
                                              AP Achilles Holdings (EH-4), LLC 
------------------------------------------  ---------------------------------------- 
 5. Date of the transaction and date         2 April 2014 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
------------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified:           3 April 2014 
------------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are crossed         Every threshold from 53.0% to 39.0% 
  or 
  reached: (vi, vii) 
------------------------------------------  ---------------------------------------- 
 
 
 
 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) 
-------------  ---  ----  ------  ------  -----  ----  --------------  ---------  ---------------  ---------  ------------ 
 ISIN Code: 
 GB00BFGIQM56   212,017,355        212,017,355          158,999,103     N/A        158,999,103      N/A        39.749% 
-------------  -----------------  -------------------  --------------  ---------  ---------------  ---------  ------------ 
 
 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 financial   Exercise      Expiration     Exercise/             Number of voting        % of voting rights 
  instrument          price         date (xvii)    Conversion            rights instrument       (xix, xx) 
                                                   period (xviii)        refers to 
------------------  ------------  -------------  --------------------  ----------------------  --------------------------- 
                                                                                                Nominal          Delta 
------------------  ------------  -------------  --------------------  ----------------------  ---------------  ---------- 
 
 
 Total (A+B+C) 
-------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                          Percentage of voting rights 
---------------------------------------------------------------  --------------------------------------------------------- 
 158,999,103                                                      39.749% 
---------------------------------------------------------------  --------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
------------------------------------------------------------------------------------- 
  Not applicable. 
 
 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:               Apollo Management VII, L.P. is the 
                                            investment manager to Apollo Fund 
                                            VII and co-investment vehicles formed 
                                            in accordance with the Apollo Fund 
                                            VII documents, and has the power to 
                                            determine the exercise of voting rights 
                                            indirectly held by each of the entities 
                                            listed in section 4 
----------------------------------------  ------------------------------------------- 
 14. Contact name:                         Tim Harmer, Company Secretary 
----------------------------------------  ------------------------------------------- 
 15. Contact telephone number:             +44 (0)20 7984 8500 
----------------------------------------  -------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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