Hastings Group Holdings plc TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (4827I)
June 19 2017 - 7:15AM
UK Regulatory
TIDMHSTG TIDM42SB
RNS Number : 4827I
Hastings Group Holdings plc
19 June 2017
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
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1. Identity of the issuer or Hastings Group Holdings
the underlying issuer plc
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
--------------------------------------------------------------------------------------------------- -------
An acquisition or disposal of qualifying financial
instruments which may result in the acquisition
of shares already issued to which voting rights
are attached
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An acquisition or disposal of instruments with
similar economic effect to qualifying financial
instruments
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An event changing the breakdown of voting rights
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Other (please Conversion of indirect shareholdings ü
specify): through Hastings Investco Limited
into direct shareholdings in Hastings
Group Holdings plc.
---------------------------------------------------- --------------------------------------------- -------
3. Full name of person(s) The Goldman Sachs Group, Inc.
subject to the
notification obligation:
(iii)
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4. Full name of shareholder(s) Goldman Sachs International
(if different from 3.):(iv) Goldman Sachs & Co. LLC
Hastings A, L.P.
Hastings B, L.P.
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5. Date of the transaction 9 June 2017
and date on
which the threshold is
crossed or
reached: (v)
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6. Date on which issuer 13 June 2017
notified:
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7. Threshold(s) that is/are Every percentage between 19%
crossed or and 16% (inclusive)
reached: (vi, vii)
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8. Notified details:
----------------------------------------------------------------------------------------------------------------------
A: Voting rights attached to shares (viii, ix)
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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 Number of % of voting
of of of shares voting rights (x)
Shares Voting rights
Rights
------------- ---------------- ----------------- -------------- ----------------------- -------------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
------------- ------------ ------------- -------------- --------- ------------ ------------ -----------
GB00BYRJH519 127,558,950 127,558,950 101,079,544 15.38%
------------- ---------------- ----------------- -------------- --------- ------------ ------------ -----------
B: Qualifying Financial Instruments`
----------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
----------------------------------------------------------------------------------------------------------------------
Type of Expiration Exercise/ Number of voting % of voting
financial date Conversion rights that rights
instrument (xiii) Period (xiv) may be
acquired if
the
instrument
is
exercised/
converted.
----------------- -------------- --------------------------------- ------------------------- ---------------------
Stock Loan
(Physical) Open 1,148 0.0002%
----------------- -------------- --------------------------------- ------------------------- ---------------------
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 Conversion rights instrument rights (xix,
instrument (xvii) period refers to xx)
(xviii)
--------------- -------------- --------------- ---------------- ------------------------- -----------------------
Nominal Delta
--------------- -------------- --------------- ---------------- ------------------------- ------------ ---------
Total (A+B+C)
----------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
---------------------------------------------------- ----------------------------------------------------------------
101,080,692 15.38%
---------------------------------------------------- ----------------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
---------------------------------------------------------------------------------------------
Goldman Sachs International is Controlled by Goldman
Sachs Group UK Limited, which is Controlled by Goldman
Sachs (UK) L.L.C., which is Controlled by The Goldman
Sachs Group, Inc.
The Goldman Sachs Group, Inc. is the sole voting, but
non-managing, member of Broad Street Control Advisors
L.L.C.
Broad Street Control Advisors L.L.C. is managed by Goldman
Sachs & Co. LLC. Goldman Sachs & Co. LLC is wholly-owned
by The Goldman Sachs Group, Inc.
Broad Street Control Advisors, L.L.C. is the general
partner of each of Hastings A, L.P. and Hastings B,
L.P., and holds all voting interests in both Hastings
A, L.P. and Hastings B, L.P..
Each of Goldman Sachs & Co. LLC, Hastings A, L.P. and
Hastings B, L.P. holds voting rights in Hastings Group
Holdings plc directly as direct shareholders of Hastings
Group Holdings plc.
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:
-------------------------------------------------------- -----------------------------------
13. Additional information: Please note, total amount
of voting rights have been
rounded to 2 decimal places
therefore there is a possibility
of a rounding error.
General email contact:
shareholderdisclosures@gs.com
-------------------------------------------------------- -----------------------------------
14. Contact name: Joanna Foley
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15. Contact telephone number: +44 207 051 9996
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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