TIDMWTG TIDM42SB

RNS Number : 2083Z

Watchstone Group PLC

13 March 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                         Watchstone Group plc 
  the 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 
----------------------------------------------------------------  ------------------------------ 
 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                                              X 
----------------------------------------------------------------  ------------------------------ 
 Other (please 
  specify): 
---------------------------------------------------------  -----  ------------------------------ 
 3. Full name of person(s)                                      The Goldman Sachs Group, Inc. 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ----------------------------------- 
 4. Full name of shareholder(s)                                  Goldman Sachs International 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ----------------------------------- 
 5. Date of the transaction                                             08 March 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ----------------------------------- 
 6. Date on which issuer                                                10 March 2017 
  notified: 
-----------------------------------------------------------  ----------------------------------- 
 7. Threshold(s) that is/are                                                 N/A 
  crossed or 
  reached: (vi, vii) 
-----------------------------------------------------------  ----------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type       Situation previous                  Resulting situation after the 
  of               to the triggering                   triggering transaction 
  shares           transaction 
 
  if possible 
  using 
  the ISIN CODE 
---------------  ----------------------------------  ----------------------------------------------------------------- 
                  Number            Number            Number      Number of                  % of voting 
                   of                of               of           voting                     rights (x) 
                   Shares            Voting           shares       rights 
                                     Rights 
---------------  ----------------  ----------------  ----------  -------------------------  -------------------------- 
                                                      Direct      Direct     Indirect        Direct     Indirect 
                                                                  (xi)        (xii) 
---------------    --------------    --------------  ----------  ---------  --------------  ---------  --------------- 
 
   GB00BYNBFN51      2,787,474         2,787,474                               2,738,825                    5.95% 
                 ----------------  ----------------  ----------  ---------  --------------  ---------  --------------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration        Exercise/                     Number of voting           % of voting 
 financial           date              Conversion                    rights that                rights 
 instrument          (xiii)            Period (xiv)                  may be 
                                                                     acquired if 
                                                                     the 
                                                                     instrument 
                                                                     is 
                                                                     exercised/ 
                                                                     converted. 
-----------------  ----------------  ----------------------------  -------------------------  ------------------------ 
    Stock Loan 
    (Physical)           Open                                                57,327                     0.12% 
-----------------  ----------------  ----------------------------  -------------------------  ------------------------ 
   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        % of voting 
     financial         price    date            Conversion        voting       rights (xix, 
     instrument                                     period        rights                xx) 
                                                              instrument 
                                                               refers to 
   -------------  ----------  -------------  -------------  ------------  ----------------- 
                                                                           Nominal    Delta 
   -------------  ----------  -------------  -------------  ------------  --------  ------- 
    CFD (Cash)                                  01-May-2026         1,373             0.003% 
   -------------------------   ----------------------------  ------------  --------  ------- 
    CFD (Cash)                                  02-Oct-2026        13,519              0.03% 
   -------------------------   ----------------------------  ------------  --------  ------- 
    CFD (Cash)                                  07-Oct-2026        42,730              0.09% 
   -------------------------   ----------------------------  ------------  --------  ------- 
---------------------------------------------------------------------------------------------------------------------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                Percentage of voting rights 
-----------------------------------------------------  --------------------------------------------------------------- 
                      2,853,774                                                     6.20% 
-----------------------------------------------------  --------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------------------- 
 
   The Goldman Sachs Group, Inc.; 2,853,774 shares; 6.20% 
 
   Goldman Sachs (UK) L.L.C. (Controlled by The Goldman 
   Sachs Group, Inc.) ; 2,853,774 shares; 6.20% 
   Goldman Sachs Group UK Limited (Controlled by Goldman 
   Sachs (UK) L.L.C.) ; 2,853,774 shares; 6.20% 
   Goldman Sachs International (Controlled by Goldman Sachs 
   Group UK Limited) ; 2,853,774 shares; 6.20% 
 
 Proxy Voting: 
------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                           N/A 
-------------------------------------------------------  ---------------------------------- 
 11. Number of voting rights proxy                                       N/A 
  holder will cease to hold: 
-------------------------------------------------------  ---------------------------------- 
 12. Date on which proxy holder will                                     N/A 
  cease to hold voting rights: 
-------------------------------------------------------  ---------------------------------- 
 
                                                          Please note, total amount 
  13. Additional information:                              of voting rights have been 
                                                           rounded to 2 decimal places 
                                                           therefore there is a possibility 
                                                           of a rounding error. 
 
                                                           General email contact: 
                                                           shareholderdisclosures@gs.com 
-------------------------------------------------------  ---------------------------------- 
 14. Contact name:                                        Joanna Foley 
-------------------------------------------------------  ---------------------------------- 
 
 15. Contact telephone number:                             +44 207 051 9996 
-------------------------------------------------------  ---------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 13, 2017 03:01 ET (07:01 GMT)

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