Punch Taverns PLC Holding(s) in Company (3828U)

TIDMPUB

RNS Number : 3828U

Punch Taverns PLC

17 January 2017

Punch Taverns plc (the "Company")

17 January 2017

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        Yes 
  rights: 
------------------------------------------  ---- 
 An acquisition or disposal of financial     n/a 
  instruments which may result in 
  the acquisition of shares already 
  issued to which voting rights are 
  attached: 
------------------------------------------  ---- 
 An acquisition or disposal of instruments   n/a 
  with similar economic effect to 
  qualifying financial instruments: 
------------------------------------------  ---- 
 An event changing the breakdown             n/a 
  of voting rights: 
------------------------------------------  ---- 
 Other (please specify):                     n/a 
------------------------------------------  ----

3. Full name of person(s) subject to the notification obligation:

UBS Investment Bank

UBS Group AG

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

UBS AG London Branch

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

13 January 2017

6. Date on which issuer notified:

17 January 2017

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

6% Section A

6% Section (A+B+C)

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 shares   Number of voting 
                                           rights 
--------------------  -----------------  ----------------- 
 GB00BPXRVT80          Below notifiable   Below notifiable 
                        threshold          threshold 
--------------------  -----------------  ----------------- 
 
 
 Resulting situation after the triggering 
  transaction 
---------------------------------------------------------- 
 Number        Number of voting       % of voting rights 
  of shares     rights 
------------  ---------------------  --------------------- 
 Direct        Direct    Indirect     Direct     Indirect 
------------  --------  -----------  ---------  ---------- 
 -             -         13,335,443   -          6.01% 
------------  --------  -----------  ---------  ---------- 
 
   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 voting 
  financial     price      date         Date                         of voting        rights 
  instrument                                                         rights 
                                                                     that may 
                                                                     be acquired 
                                                                     if the 
                                                                     instrument 
                                                                     is exercised/ 
                                                                     converted 
------------  ---------  -----------  ---------------------------  ---------------  ---------------- 
                                                                                     Nominal   Delta 
------------  ---------  -----------  ---------------------------  ---------------  --------  ------ 
 -             -          -            -                            -                -         - 
------------  ---------  -----------  ---------------------------  ---------------  --------  ------

Total (A+B+C)

 
 Number of voting rights   % of voting rights 
------------------------  ------------------- 
 13,335,443                6.01% 
------------------------  -------------------

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

UBS Group AG is a group holding company for UBS Investment Bank business. Voting rights are held through its controlled undertakings as set out below.

UBS AG:

-directly through its branches: UBS AG London Branch - 13,335,443 (6.01%)

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:

Francesca Appleby, Financial Reporting Manager

15. Contact telephone number:

(01283) 501 600

This information is provided by RNS