TIDMBRIT

RNS Number : 0042E

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           CVC European Equity V Limited 
  to the 
  notification obligation: (iii) 
------------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s)              CVC European Equity Partners V (A) 
  (if different from 3.):(iv)                 L.P. 
                                              CVC European Equity Partners V (B) 
                                              L.P. 
                                              CVC European Equity Partners V (C) 
                                              L.P. 
                                              CVC European Equity Partners V (D) 
                                              L.P. 
                                              CVC European Equity Partners V (E) 
                                              L.P. 
                                              Bishop, L.P. 
------------------------------------------  ---------------------------------------- 
 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 44% to 33% 
  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 (xi)       Indirect      Direct       Indirect 
                                                                                           (xii) 
-------------  ---  ----  ------  ------  -----  ----  --------------  ----------------  ------------  -----------  ---------- 
 ISIN Code: 
 GB00BFGIQM56   179,438,409        179,438,409          134,567,032     134,567,032       N/A           33.6%        N/A 
-------------  -----------------  -------------------  --------------  ----------------  ------------  -----------  ---------- 
 
 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 
---------------------------------------------------------------  ------------------------------------------------------------- 
 134,567,032                                                      33.6% 
---------------------------------------------------------------  ------------------------------------------------------------- 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
------------------------------------------------------------------------------------------------------------------------------ 
 
   The shareholders are the following CVC-affiliated funds: CVC European 
   Equity Partners V (A) L.P.; CVC European Equity Partners V (B) L.P.; 
   CVC European Equity Partners V (C) L.P.; CVC European Equity Partners 
   V (D) L.P.; CVC European Equity Partners V (E) L.P.; and Bishop, L.P. 
 
   Each of the above named CVC-affiliated funds has CVC European Equity 
   V Limited as its common general partner. 
 
 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:                                                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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