TIDMJPR

RNS Number : 5562K

Johnston Press PLC

25 June 2014

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
  (i) 
 
 
 1. Identity of the issuer or the        Johnston Press Plc ("JP") 
  underlying 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                          X 
-----------------------------------------------------------------  ------ 
 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         Ananda Krishnan Tatparanandam 
  to the notification obligation: 
  (iii) 
-------------------------------------  ------------------------------------- 
 4. Full name of shareholder(s)              1. UBS AG Singapore 
  (if different from 3.): (iv)                (nominee for Gromwell Limited) 
                                              2. UBS AG 
                                              (nominee for EFL Limited) 
-------------------------------------  ------------------------------------- 
 5. Date of the transaction and date    13 June 2014 
  on which the threshold is crossed 
  or reached: (v) 
-------------------------------------  ------------------------------------- 
 6. Date on which issuer notified:      13 June 2014 
-------------------------------------  ------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                    10.63% 
-------------------------------------  ------------------------------------- 
 
 
 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 rights 
                         of           of           of shares    rights                 (x) 
                         Shares       Voting 
                                      Rights 
---------------------  -----------  -----------  -----------  ---------------------  --------------------- 
                                                  Direct       Direct   Indirect      Direct     Indirect 
                                                                (xi)     (xii) 
---------------------  -----------  -----------  -----------  -------  ------------  ---------  ---------- 
 ORD GBP 0.10 
  ISIN GB 0004769682    63,973,976   63,973,976   -            -        562,746,716   -          10.63 
---------------------  -----------  -----------  -----------  -------  ------------  ---------  ---------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------- 
 Type of financial   Expiration     Exercise/       Number of voting         % of voting 
  instrument          date (xiii)    Conversion      rights that              rights 
                                     Period (xiv)    may 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 
  instrument          price      date         Conversion    rights instrument    rights (xix, 
                                 (xvii)       period        refers to            xx) 
                                              (xviii) 
------------------  ---------  -----------  ------------  -------------------  ---------------- 
                                                                                Nominal   Delta 
------------------  ---------  -----------  ------------  -------------------  --------  ------ 
 -                   -          -            -             -                     -         - 
------------------  ---------  -----------  ------------  -------------------  --------  ------ 
 
 
 Total (A+B+C) 
------------------------------------------------------ 
 Number of voting rights   Percentage of voting rights 
------------------------  ---------------------------- 
  562,746,716              10.63% 
------------------------  ---------------------------- 
 
 
 9. Chain of controlled undertakings through which the voting 
  rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------- 
 
   The voting rights attached to the ordinary shares in JP of 10 
   pence each are held by the following controlled undertakings:- 
 
   -- Gromwell Limited ("Gromwell") - 534,442,745 (10.1%) voting 
   rights 
   -- EFL Limited ("EFL") - 28,303,971 (0.53%) voting rights 
 
   The chain of controlled undertakings through which the afore-mentioned 
   voting rights are effectively held is as follows:- 
 
    *    Gromwell is a wholly-owned undertaking of Usaha Tegas 
         Sdn Bhd ("UTSB") 
 
 
    *    EFL is a wholly-owned undertaking of Excorp Holdings 
         Limited ("EHL") 
 
 
    *    Pacific States Investment Limited ("PSIL") has a 
         direct controlling interest of 9,999,998 ordinary 
         shares of RM1.00 each representing 99.999% of the 
         issued share capital in UTSB. 
 
 
    *    The shares in PSIL are held 100% by Excorp Holdings 
         N.V. ("Excorp"). 
 
 
    *    The shares in Excorp and EHL are in turn held 100% by 
         PanOcean Management Limited ("POML"). 
 
 
    *    POML is the trustee of a discretionary trust, the 
         beneficiaries of which are members of my family and 
         foundations including those for charitable purposes. 
 
 
    *    I am deemed to have an indirect interest in the 
         shares of JP through certain related arrangements 
         with the discretionary trust of which POML is the 
         trustee, but have no economic interest in such shares, 
         as the interest is held subject to the terms of the 
         discretionary trust. 
------------------------------------------------------------------------- 
 
 
 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:       - 
-------------------------------  ------------------------------- 
 14. Contact name:                 Ananda Krishnan Tatparanandam 
-------------------------------  ------------------------------- 
 15. Contact telephone number:     +603 2380 7788 
-------------------------------  ------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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