TIDMSDL

RNS Number : 4373H

SDL PLC

19 June 2013

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
 
 1. Identity of the issuer or the underlying                      SDL 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                                      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                      SFM UK Management LLP 
  to the 
  notification obligation: (iii) 
                                              ---------------------------------------- 
 4. Full name of shareholder(s)                          Quantum Partners LP 
  (if different from 3.):(iv) 
                                              ---------------------------------------- 
 5. Date of the transaction and date                     June 18(th) , 2013 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
                                              ---------------------------------------- 
 6. Date on which issuer notified:                       June 19(th) , 2013 
                                              ---------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                             3% 
                                              ---------------------------------------- 
 
 
 
 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) 
                 ----  -------  ------  -----  ---  ------------  --------------  ---------  -------------  -------------- 
 GB0009376368   1,370,000        1,370,000           1,870,000     1,870,000       0          2.33%          0% 
               ---------------  ------------------  ------------  --------------  ---------  -------------  -------------- 
 
 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. 
                       ---------------  -------------------------------  ---------------------------  -------------------- 
 N/A                    N/A              N/A                              N/A                          N/A 
                       ---------------  -------------------------------  ---------------------------  -------------------- 
 
 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 rights 
 financial         price          date (xvii)    Conversion         rights instrument              (xix, xx) 
 instrument                                      period             refers to 
                                                 (xviii) 
                 -------------  -------------  -----------------  -----------------------------  ------------------------- 
 Contract For     N/A            N/A            N/A                1,035,000                      Nominal       Delta 
  Difference 
                 -------------  -------------  -----------------  -----------------------------  ------------  ----------- 
                                                                                                  1.29%         1.29% 
                 ----  -------  ------  -----  ---  ----------    -----  -------  ---------      ------------  ----------- 
 
 Total (A+B+C) 
 Number of voting rights                                         Percentage of voting rights 
                                                                ---------------------------------------------------------- 
 2,905,000                                                       3.62% 
                                                                ---------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
 
   This statement relates to common shares and a Contract for Difference 
   ("CFD") held for the account 
   of Quantum Partners LP, a Cayman Islands exempted limited partnership 
   ("Quantum Partners"). SFM 
   UK Management LLP, a sub-advisor to Soros Fund Management LLC, serves 
   as investment manager 
   to Quantum Partners and has been granted investment discretion over portfolio 
   investments, 
   including the common shares and the CFD, held for the account of Quantum 
   Partners. 
 
 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: 
                                                         ---------------------------- 
 
                                              N/A 
  13. Additional information: 
 14. Contact name:                            Jade Cornell, Compliance Officer 
                                             ---------------------------------------- 
 15. Contact telephone number:                020 7758 4826 
                                             ---------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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