Holding(s) in Company
16 September 2010 - 8:00AM
UK Regulatory
TIDMSHDP
RNS Number : 7812S
Shed Media PLC
16 September 2010
+----------------+--------------------+------+----------------------------+--------+
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
+----------------------------------------------------------------------------------+
| | |
+--------------------------------------------+-------------------------------------+
| 1. Identity of the issuer or the | Shed Media plc |
| underlying issuer | |
| of existing shares to which voting rights | |
| are | |
| attached: | |
+--------------------------------------------+-------------------------------------+
| 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 | DE AGOSTINI SPA |
| to the | |
| notification obligation: | |
+-------------------------------------+--------------------------------------------+
| 4. Full name of shareholder(s) | ZODIAK ENTERTAINMENT S.A. (formerly known |
| (if different from 3.): | as ZODIAK ENTERTAINMENT S.A.S.) |
+-------------------------------------+--------------------------------------------+
| 5. Date of the transaction and date | Date of transaction: 14 September 2010 |
| on | Date on which threshold crossed: 14 |
| which the threshold is crossed or | September 2010 - See item 13 below |
| reached: | |
+-------------------------------------+--------------------------------------------+
| 6. Date on which issuer notified: | 15 September 2010 |
+-------------------------------------+--------------------------------------------+
| 7. Threshold(s) that is/are crossed | From 7.74% to less than 3% |
| or | |
| reached: | |
+-------------------------------------+--------------------------------------------+
| | | | | |
+----------------+--------------------+------+----------------------------+--------+
+--------------+-----------------+----+------+------------+-------+----+--+----------------------+-+------+----+----------+----+---------------------+----+--+------------+
| 8. Notified details: |
+-------------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| A: Voting rights attached to shares |
+-------------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| Class/type | Situation previous | Resulting situation after the triggering transaction |
| of | to the triggering | |
| shares | transaction | |
| if possible | | |
| using | | |
| the ISIN | | |
| CODE | | |
+ +----------------------------------------------------------+-----------------------------------------------------------------------------------------------+
| | Number | Number | Number | Number | % of voting rights |
| | of | of | of | of | |
| | Shares | Voting | shares | voting | |
| | | Rights | | rights | |
+ + + +------------------------+----------------------+-----------------------------------------------+
| | | | Direct | Direct | Indirect | Direct | Indirect |
| | | | | | | | |
+--------------+-----------------------------+----------------------------+------------------------+-----------+----------+-------------------------------+---------------+
| Ordinary | 6,720,902 | 6,720,902 | 0 | 0 | 0 | 0 | 0 |
| Shares | | | | | | | |
+--------------+ + + + + + + +
| GB00B05MGS05 | | | | | | | |
+--------------+-----------------------------+----------------------------+------------------------+-----------+----------+-------------------------------+---------------+
| |
+-------------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| B: Qualifying Financial Instruments |
+-------------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| Resulting situation after the triggering transaction |
+-------------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| Type of financial | Expiration | Exercise/ | Number of voting | % of voting |
| instrument | date | Conversion Period | rights that may be | rights |
| | | | 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 financial | Exercise price | Expiration | Exercise/ | Number of voting | % of voting rights |
| instrument | | date | Conversion | rights instrument | |
| | | | period | refers to | |
| | | | | | |
+--------------------------------+------------------------+------------+---------------------------+---------------------------+------------------------------------------+
| | | | | | Nominal | Delta |
+ + + + + +-----------------------------+------------+
| | | | | | | |
+--------------------------------+------------------------+------------+---------------------------+---------------------------+-----------------------------+------------+
| |
+-------------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| Total (A+B+C) |
+-------------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| Number of voting rights | Percentage of voting rights |
+------------------------------------------------------------------------------------------------+------------------------------------------------------------------------+
| 0 | 0% |
+------------------------------------------------------------------------------------------------+------------------------------------------------------------------------+
| | | | | | | | | | | | | | | | | | |
+--------------+-----------------+----+------+------------+-------+----+--+----------------------+-+------+----+----------+----+---------------------+----+--+------------+
+-------------------------------------+--------------------------------------+----------+
| 9. Chain of controlled undertakings through which the voting rights and/or the |
| financial instruments are effectively held, if applicable: |
+---------------------------------------------------------------------------------------+
| Zodiak Entertainment S.A. (formerly known as Zodiak Entertainment S.A.S.) is an |
| 61.75% owned subsidiary of Nova Deuxième SA. Nova Deuxième SA is a 99.99% owned |
| subsidiary of De Agostini Communications SpA and De Agostini Communications SpA is a |
| 100% owned subsidiary of De Agostini SpA. |
+---------------------------------------------------------------------------------------+
| |
+---------------------------------------------------------------------------------------+
| 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: | |
| | On 1 June 2010, Zodiak Entertainment S.A.S. |
| | ("ZEN") entered into a conditional sale and |
| | purchase agreement with (among others) CF I |
| | Invest C.V. and Cyrte Investments B.V. pursuant |
| | to which ZEN agreed to purchase 6,720,902 |
| | ordinary shares (the "Shares") in Shed Media |
| | PLC (the "SPA"). On 28 July 2010, the final |
| | condition to the Sale Agreement beyond the |
| | control of the parties was satisfied. |
| | |
| | Other conditions to the Sale Agreement, which |
| | were within the control of the parties, |
| | remained outstanding after that date and the |
| | transfer of the Shares to ZEN was therefore not |
| | completed on the 28 July 2010. |
| | |
| | On 14 September 2010, which was the due date |
| | for completion of the transfer of the Shares, |
| | CF I Invest C.V. exercised its right under the |
| | SPA to terminate the SPA. This right became |
| | exercisable due to the closing mid market price |
| | of ordinary shares in Shed Media plc as quoted |
| | on the AIM market of the London Stock Exchange |
| | on the business day prior to completion of the |
| | SPA being more than 25% higher than the |
| | consideration per Share payable under the SPA. |
| | |
| | Percentage figures in this notification are |
| | based on a total number of voting rights in |
| | Shed Media PLC of 86,833,639, as announced by |
| | Shed Media PLC on 8 July 2010. |
| | |
+-------------------------------------+-------------------------------------------------+
| 14. Contact name: | |
| | Laurent Boissel |
+-------------------------------------+-------------------------------------------------+
| 15. Contact telephone number: | |
| | +33 1 53 10 95 15 |
+-------------------------------------+--------------------------------------+----------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
HOLDELFFBKFFBBX
Shed Media (LSE:SHDP)
Historical Stock Chart
Von Mai 2024 bis Jun 2024
Shed Media (LSE:SHDP)
Historical Stock Chart
Von Jun 2023 bis Jun 2024
Echtzeit-Nachrichten über Shed Media (Londoner Börse): 0 Nachrichtenartikel
Weitere Shed Productions News-Artikel