TIDMPUB

RNS Number : 7426E

Punch Taverns PLC

20 July 2016

Punch Taverns plc (the "Company")

20 July 2016

TR-1 NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Punch Taverns plc

2. Reason for the notification (please tick the appropriate box or boxes)

 
 An acquisition or disposal of voting        x 
  rights: 
------------------------------------------ 
 An acquisition or disposal of 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 notification obligation:

Warwick Capital Partners LLP

4. Full name of shareholder(s) (if different from 3):

Warwick European Credit Opportunities Fund LP

Warwick European Opportunities Fund Inc

Warwick European Opportunities Fund II LP

Warwick European Opportunities Fund II (SC) LP

5. Date of the transaction (and date on which the threshold if crossed or reached if different):

19 July 2016

6. Date on which issuer notified:

20 July 2016

7. Threshold(s) that is/are crossed or reached:

10%

8. Notified details:

   A:    Voting rights attached to shares 
 
 Class/type of          Situation previous to the 
  shares if possible     triggering transaction 
  using the ISIN 
  CODE 
---------------------  ------------------------------ 
                        Number of    Number of voting 
                         shares       rights 
---------------------  -----------  ----------------- 
 GB00BPXRVT80           21,257,398   21,257,398 
---------------------  -----------  ----------------- 
 
 
 Resulting situation after the triggering 
  transaction 
---------------------------------------------------------- 
 Number       Number of voting        % of voting rights 
  of shares    rights 
-----------  ----------------------  --------------------- 
 Direct       Direct       Indirect   Direct     Indirect 
-----------  -----------  ---------  ---------  ---------- 
 29,643,608   29,643,608   0          13.36%     0 
-----------  -----------  ---------  ---------  ---------- 
 
   B:    Qualifying Financial Instruments 
 
 Resulting situation after the triggering 
  transaction 
----------------------------------------------------------------------------------------- 
 Type of       Expiration   Exercise/Conversion/Period   Number of            % of voting 
  financial     date         Date                         voting rights        rights 
  instrument                                              that may 
                                                          be 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       Exercise   Expiration   Exercise/Conversion/Period   Number of            % of voting 
  financial     price      date         Date                         voting rights        rights 
  instrument                                                         that may 
                                                                     be acquired 
                                                                     if the instrument 
                                                                     is exercised/ 
                                                                     converted 
------------  ---------  -----------  ---------------------------  -------------------  ---------------- 
                                                                                         Nominal   Delta 
------------  ---------  -----------  ---------------------------  -------------------  --------  ------

Total (A+B+C)

 
 Number of voting rights   % of voting rights 
------------------------  ------------------- 
 29,643,608                13.36% 
------------------------  -------------------

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

The position is held in the following funds:

Warwick European Credit Opportunities Fund LP

Warwick European Opportunities Fund Inc

Warwick European Opportunities Fund II LP

Warwick European Opportunities Fund II (SC) LP

Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will cease to hold:

N/A

12. Date on which proxy holder will cease to hold voting rights:

N/A

13. Additional information:

N/A

14. Contact name:

Francesca Appleby, Financial Reporting Manager

15. Contact telephone number:

01283 501600

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLPGUQGMUPQGUU

(END) Dow Jones Newswires

July 20, 2016 06:20 ET (10:20 GMT)

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