TIDMSDL

RNS Number : 9294J

SDL PLC

18 June 2014

 
 
 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 
---------------------------------------------------------------------------  ------- 
 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                x 
  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         17(th) June, 2014 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
------------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified:           18(th) June, 2014 
------------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are crossed         Below 3% 
  or 
  reached: (vi, vii) 
------------------------------------------  ---------------------------------------- 
 
 
 
 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          rights                   (x) 
                  Shares           Voting               shares 
                                   Rights 
--------------  ---------------  --------------------  ---------  -----------------------  ----------------------------- 
                                                        Direct     Direct        Indirect   Direct         Indirect 
                                                                    (xi)          (xii) 
--------------    -----  ------  ------  ------  ----  ---------  ------------  ---------  -------------  -------------- 
                 N/A              N/A                   N/A        N/A           N/A        N/A            N/A 
 
  GB0009376368 
                ---------------  --------------------  ---------  ------------  ---------  -------------  -------------- 
 
 
 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                                           Nominal       Delta 
  Difference 
----------------  -------------  --------------  ---------------  ----                         ------------  ----------- 
                                                                   N/A                          N/A           N/A 
--------------    -----  ------  ------  ------  ----  -------    ---------------------------  ------------  ----------- 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                                         Percentage of voting rights 
--------------------------------------------------------------  -------------------------------------------------------- 
                              N/A                                                       Below 3% 
--------------------------------------------------------------  -------------------------------------------------------- 
 
 
 
 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 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: 
--------------------------------------------------------  ----------------------------- 
 
 
  13. Additional information:                                     N/A 
--------------------------------------------  ----------------------------------------- 
 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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